A buyer has apparently stepped forward to buy the Meadow Creek Cedar license.

Buyer found for Meadow Creek Cedar license

Meadow Creek Cedar has told the Ministry of Forests it has an accepted an offer to buy the company’s license, which was facing cancellation.

Meadow Creek Cedar has told the Ministry of Forests it has an accepted an offer to buy the company’s license, which was facing cancellation.

The company had a hearing before the district manager Thursday, but the cancellation has been postponed pending the conclusion of the sale. However, the ministry says it can’t comment on the potential buyer.

The license was suspended two years ago for poor forestry practices and failing to meet reforestation requirements. The company, owned by Surrey’s Dale Kooner, was also fined for various infractions.

A three-month notice of cancellation was issued earlier this year after Meadow Creek Cedar’s management agreement with Blue Ridge Timber of South Slocan fell apart. Blue Ridge intended to rehabilitate the company’s license by meeting a long list of outstanding obligations and eventually buy the quota.

The license is believed to have millions of dollars worth of liabilities associated with it.

Just Posted

Slocan Valley added to communities on flooding evac alert

Kootenay Lake is expected to reach flooding level in Nelson by Friday

UPDATED: Hwy 3 west of Creston remains closed due to mudslide

A detour is available on the Kootenay Lake Ferry, but commuters could see wait times

COLUMN: Making a wildlife smart community

David White writes how property owners can avoid conflict with nature

Police searching for Nelson man

Brent Mickelson hasn’t been heard from since February

Local police recognized for work

Eight officers were honoured for removing impaired drivers

VIDEO: After the floods, comes the cleanup as Grand Forks rebuilds

Business owners in downtown wonder how long it will take for things to go back to normal

Couple survives being buried in mudslide on B.C. highway

The couple, from Saskatchewan, were en route to Nelson when a tree fell in their path

‘So grateful:’ Injured Bronco hockey player glad he’s alive, works on recovery

Ryan Straschnitzki was badly hurt in the accident: a spinal injury, broken ribs, a broken collar bone, and punctured lung

PHOTOS: Floodwaters rise and fall in Grand Forks

The flood-ravaged Kootenay-Boundary region begins to heal

Martin Mars waterbombers’ firefighting days are done

Wayne Coulson said his company still hopes to find a new home for the vintage aircraft

NHL playoffs weekly roundup

Vegas Golden Knights have done the impossible and have a chance at hoisting the Stanley Cup

Changes needed for ‘Alert Ready’ mass emergency system

‘You need to strike this careful balance between alerting people to lots of problems — and doing it too often’

Las Vegas Golden Knights move on to Stanley Cup final

Improbable run continues for NHL’s newest expansion team

Oregon’s flooded recreational pot market a cautionary tale to Canada

‘In a broader sense, we are adding legal production to an already robust illegal production’

Most Read