The Forest Investment Account (FIA) is a new provincial government mechanism for promoting sustainable forest management in British Columbia. It is founded upon a Vote of the Legislature, authorizing the Minister of Forests to provide funding for certain forest management activities. Specific amounts have been dedicated to program elements at the provincial level, other amounts have been allocated for disbursement to tree farm licence holders and certain tenure holders in each timber supply area.
The purpose of this website is to provide administration of the FIA program as it pertains Land Base Investment Program to be administered by PricewaterhouseCoopers LLP (hereinafter referred to as PwC).
PwC will accept investment schedule proposals and confirm that they constitute an optimum mix of expenditures to promote sustainable forest management. PwC will ensure that each proposed activity is eligible for FIA funding, provide funds to successful proponents, and track project delivery. They will also be responsible for performance and financial auditing. Each will be accountable to government, and will be subject to an annual audit by the Office of the Auditor General.
To find out more about the the purpose and to see a general overview of the FIA, click on this link to go the Ministry of Forest's Forest Investment Account website
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Periodically, there will be changes or updates to administrative aspects of the FIA Land Base Investment Program. Those changes and updates will be posted here in printable pdf format.