Forest takeover

Tony Edwards Everything Else, Perspective

A significant swath of BC coastal forest changed hands recently when Weyerhaeuser (WY-N) sold 635,000 acres of high quality private timberlands and associated operations to Brascan Corp (BNN.LV.A-T) in a deal valued at Cdn$1.2 billion. While the sale raised few eyebrows in the forest industry, certain stakeholders have concerns that …