West Fraser Timber Co. Ltd. and the Lake Babine Nation Forestry Limited Partnership announced on July 24, 2025, the approval by the Government of British Columbia for a new First Nations Woodland Licence in the Smithers area. This licence, which will be held by LBN Forestry, was created through the contribution of timber tenures from both West Fraser and LBN Forestry.
West Fraser contributed portions of its licence volume from the Bulkley and Morice Timber Supply Areas to facilitate the creation of this meaningful area-based licence. This collaboration is a key milestone in the growing partnership between West Fraser and LBN Forestry, establishing a new model for timber tenures and collaboration within B.C.'s forest sector.
The partnership aims to bring greater stability to the forest sector, supporting employees, contractors, and businesses throughout the region, while also ensuring long-term fibre security. West Fraser will provide forest stewardship services to LBN Forestry, aligning with the Nation's stewardship values and vision for its traditional territory. This initiative builds upon a Joint Development Agreement signed in April 2024 and a Log Supply and Forest Management Agreement signed in January 2025.
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