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Crown Forest Utilization – Shareholder Agreements used with Sustainable Forest Licences (cont’d). – Part 3
- 2-19-2020
- By Pilot Law LLP
As part of the process of putting in place a Sustainable Forest Licence having multiple participants, the participants themselves enter into a shareholder agreement, setting out their respective rights and obligations vis-à-vis one another, as shareholders of the licensee, including their respective rights to share the benefits arising from harvesting timber on the Crown…
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Crown Forest Utilization in Ontario – Shareholder Agreements used with Sustainable Forest Licences – Part 2
- 2-19-2020
- By Pilot Law LLP
The Crown Forest Sustainability Act, 1994 (Ontario), as amended to date (the “Act”), is the primary statute governing the utilization of Crown Forests in Ontario. The Act, Regulations passed under the Act and Manuals prepared under the authority of the Act, create a code for dealing with the wide range of issues involved…