The Canadian Boreal Forest Agreement (CBFA), one of the most ignominious deals in Canadian business history, is being quietly euthanized. Last week, its Ottawa-based secretariat was closed, without fanfare or eulogy. However, most of the agreement’s signatories seem as reluctant to admit its demise as they have been to acknowledge its true nature.
According to Derek Nighbor of the Forest Products Association of Canada (FPAC), which led the industry into the deal in 2010, the agreement isn’t really dead; it is “transitioning to a new model.”
Nighbor, a veteran of retail and packaged-goods industry associations, who has been head of FPAC for less than a year, claims that the CBFA has had its successes, and that forest companies are keen to “leverage the good learnings” from six years of “investment in bilateral decision-making.” Continue Reading →