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Finance for silviculture in British Columbia

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Title: Finance for silviculture in British Columbia
Author: Olivotto, Giuseppe Gerrard
Degree Master of Science - MSc
Program Forestry
Copyright Date: 1987
Subject Keywords Forest management -- British Columbia; Forests and forestry -- Economic aspects -- British Columbia
Abstract: Government funding for silviculture in British Columbia has expanded recently, but remains well short of the level recommended by many foresters. This thesis contains a proposal to replace government funding with investment from capital markets. It describes the funding mechanism, analyzes the implications to government, and introduces a method of distributing investment funds through a system of competitive bidding between forest management companies. In return for their participation, investors and forest companies would both receive equity in future timber production. The thesis concludes that at a cost of foregoing 50% of its future stumpage revenue, government might replace its current spending on intensive forest management with a funding level from capital markets of $500 million to $800 million per year.
URI: http://hdl.handle.net/2429/26510
Series/Report no. UBC Retrospective Theses Digitization Project [http://www.library.ubc.ca/archives/retro_theses/]
Scholarly Level: Graduate

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