中投斥1億購卑詩林業股

買私企12.5%權益 不影響決策 毋須批准 負責為中國政府管理外匯投資的中國投資有限責任公司(簡稱中投),正計劃投資1億加元資金,收購卑詩第二大私人林地業主海島林地公司(Island Timberlands)12.5%股權,由於不影響公司決策,毋須批准。雙方未有透露細節,但業界人士稱,雙方近期將宣布該收購案。 中投為成立於2007年9月的中國國有獨資公司,中國財政部當時以發行特別國債方式,籌集1.55萬億元人民幣,以此購買相當於2,000億美元的外匯儲備,作為中投註冊資本金。

OUR VIEW: Provincial oversight missing in Cortes logging dispute

The current impasse over logging on private land on Cortes Island is unique by B.C. standards. In a province where wars in the woods have often been bitterly waged, the Cortes standoff stands apart. Cortes environmentalists and Island Timberlands have been debating the company’s logging plans for about four years without coming to serious blows. The islanders are not trying to ban logging altogether, they are asking for Timberlands to adopt an ecosystem-based, selective logging harvesting plan that spares old growth.

Global TV News – Echo Lake & Bald Eagles

Echo Lake is a spectacular, unprotected, lowland ancient forest near Agassiz, BC on the east side of the Lower Fraser Valley. It is in the unceded territory of the Sts'ailes First Nations band (formerly the Chehalis Indian Band). The area is home to perhaps the largest concentration of bald eagles on Earth, where thousands of eagles come each fall to eat spawning salmon in the Harrison and Chehalis Rivers and hundreds roost in the old-growth trees at night around Echo Lake.

Giant Douglas-fir trees tower between boulders on Island Timberlands' private lands at Stillwater Bluffs near Powel River

China Investment Corporation Eyes BC Forests, Spells FIPA Danger

The China Investment Corporation (ICI), one of the world's largest sovereign wealth funds, is set to become a powerful landowner in British Columbia if a $100 million deal with Island Timberlands, the second-largest owner of private forests in the province, goes through.

Flagging tape marked "Falling Boundary" in a threatened area of mature forest of Cortes Island.

Chinese seek stake in BC forestry company as FIPA decision looms

Potential impacts of a  $100 million dollar deal between China Investment Corporation (CIC) and Brookfield Asset Management Inc, the majority shareholder in Island Timberlands (IT), have made headlines internationally and alarmed activists in British Columbia. The story was first reported in early November by the Wall Street Journal.

Big Trees of Vancouver featured in major Chinese-language newspaper.

Here are a series of articles in the Sing Tao Daily News, a major Chinese-language newspaper in Vancouver, about the biggest trees of Vancouver that also features the Ancient Forest Alliance and our campaign to protect them!

Political leadership needed to resolve Cortes Island’s "War in the Woods"

Conservationists renew call for BC Liberals to commit to restoring and expanding a “BC Park Acquisition Fund” to purchase and protect endangered forests on private lands.

Some youngsters joined the protest against Island Timberlands logging operations on Cortes Island this week.

Loggers leave Cortes … but promise to return

Last week, Cortes environmentalists, residents and supporters repeatedly blocked Island Timberlands’ crews from beginning logging operations near Basil Creek. Zoe Miles, a member of Wildstands, says the community has attempted to work with the company for more than four years to develop an ecosystem-based approach to forestry. “The community is now left with no choice but to stand in Timberlands’ path to defend these ecologically significant forests.”

Old-growth Douglas-fir trees in the Squirrel Cove Ancient Forest on Cortes Island.

Tiny Cortes Island girds for battle with China’s huge CIC wealth fund

Residents of an idyllic island off the west coast of Canada are facing off against corporate opponents set to include a Chinese sovereign wealth behemoth, the US$480 billion China Investment Corporation (CIC).

Cortes Island residents seek compromise with loggers

Cortes Island residents who blockaded roads for a week in a fight to modify logging plans say they are hopeful talks with Island Timberlands can lead to a compromise.