The Wall Street Journal reports the China Investment Corp. will acquire a substantial stake in Island Timberlands, which owns about 254,000 hectares of forest land, mainly on Vancouver Island.
Soon, we may learn that Chinese workers are paying agents' fees for jobs in the British Columbia logging industry. That would make sense because the logs are headed to China for milling and its economically efficient for low-wage foreign workers to "explore" the forest for trees, fall them, set chokers, yard and haul timber and load foreign ships with raw logs.
Canadian forestry workers have grown uppity in recent times, demanding safer working conditions in one of Canada's most dangerous occupations. They've also been demanding that employers pay living wages for their efforts.
Importing Chinese workers will be good for the Canadian forest industry because businesses can avoid money wasting training and safety programs. Besides, even if the companies wanted to employ Canadians, everyone knows it takes at least five years to train a logger.
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