Loggers performing services under a Bill 13 replaceable contract (also known as an evergreen contract) are entitled to be paid a "fair market rate". What is a fair market rate?
A fair market rate is one that a willing consumer of these services (i.e. a licensee) would pay to a willing supplier of the services (i.e. a contractor) in a free and open market. The theory behind the legislation is that the parties to a replaceable contract are not willing participants - the licensee is forced to...