Westbank First Nation expands forestry operations via Tolko Industries deal

Westbank First Nation has expanded its forestry operations through an agreement with Tolko Industries to transfer Forest Licence A98912 to Ntityix Resources, a forestry corporation owned by the Indigenous nation. The licence allows for an annual cut of 52,100 cubic metres.

Under the 15-year agreement, timber harvested from this licence and other Westbank First Nation tenures will be supplied to Tolko. The deal includes provisions for automatic renewal under unspecified conditions. Westbank First Nation Chief Robert Louie stated the agreement provides certainty and expands the tenure base for long-term economic growth and contracting opportunities for members.

Tolko CEO Pino Pucci noted that the partnership supports Indigenous forestry ownership and sustainable management within British Columbia’s forest sector. Following the transfer, Ntityix Resources manages a total allowable annual cut exceeding 115,000 cubic metres.