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bcts

BCTS Waivers and Relief

Sometimes, after a BC Timber Sale is entered into, the unexpected occurs. A bridge might wash out. A wildfire might burn up the standing timber. A nearby mill might shut down. There might be a worldwide economic meltdown that causes a drying up of lumber markets. Ordinarily, if a BCTS holder does not harvest his sale by the time the licence expires, there will be financial consequences. Government does allow, in appropriate circumstances, relief from those consequences. The starting point...

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