WORK, MONEY AND ENTERPRISE IN BRITISH COLUMBIA Portland General Electric CEO Peggy Fowler tours a power plant near Clatskanie, Ore. The city of Portland is considering a bid for Enron’s biggest utility company. World Briefs, C6 / STEVEN NEHL, BLOOMBERG SECTION C BUSINESSBC CORPORATE PSYCHOPATHS C3 B.C. WAGES DON’T MEASURE UP C4 EDITOR STEWART MUIR 604-605-2520 • THURSDAY, AUGUST 29, 2002 • E-mail
[email protected] FAME NOT SO FLEETING Softwood: U.S. wants radical change Most timber is tied up in long- petitive market looks like. I know FORESTRY I America’s lumber lobby wants more than 50 per cent term tenures held by forest com- what has been in previous U.S. panies. They pay a stumpage rate government proposals. of B.C. timber to be ‘sold competitively,’ Gordon Hamilton writes determined by the government. “I think there is a great deal of The U.S. proposal, floated ten- flexibility on what the compo- ritish Columbia can’t domestic log sales and reform of tatively at informal talks this week nents of an open and competitive expect to make a soft- the timber tenures held by major with B.C. officials, is being viewed market can be. But I would be wood deal with the logging companies are all still on here as a way to circumvent the surprised if the U.S. government B American government the table as far as the U.S. indus- U.S. lobby. The American indus- proposed anything that was not a without undertaking radical try is concerned, said John Ragos- try sees it as a way to deal with robust and competitive market.