First Nations held 12.7 million cubic meters/year (m3/yr) of Allowable Annual Cut (AAC) within competitive and direct award forest tenures as of April 2012 – which was 15.5 percent of the provincial AAC.
Of that total, 4.9 million m3/yr (or 6 percent of the provincial AAC) was within competitively held forest tenures and 7.8 million m3/yr (9.5 percent of the AAC) was within direct award forest tenures.
From early 2002 to June 30, 2016, 177 First Nations signed 305 direct award agreements offering a total of 123.9 million m3 when issued within forest tenures. As of June 2016, available volume to harvest under a forest tenure was 59.9 million m3, and 28.8 million m3 had been harvested. First Nations currently hold 7.7 million m3/year of allowable annual cut or 10 percent of the provincial AAC.
Agreement Totals | Executed | All |
---|---|---|
Number of Agreements | 223 | 579 |
First Nations with Agreements | 145 | 177 |
Agreements with Active Tenures | 96 | 217 |
Revenue Sharing Totals | |
---|---|
Total Revenue (current Fiscal Year) | $442,758.00 |
Total Program Revenue (including current Fiscal Year) | $385,952,565.00 |