Appraisal 09
Appraisal 09 : The process used to determine a stumpage rate for a tract of standing timber. Through a series of calculations, the Revenue Branch's Timber Pricing section estimates the value of products (logs, lumber, and chips) that a stand can produce and the costs of production (including harvesting, transportation, manufacturing, and reforestation). The difference between the sale value and costs is entered into a formula that calculates the stumpage rate. Nearly all Crown cutting authorities must be appraised before any harvesting is allowed
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