“In this paper, we focus on the consequences of this for the Little Red River Cree Nation (LRRCN) of northern Alberta, a forest-dependent community seeking to use forest resources as a springboard for economic development.”
“A two-sector computable general equilibrium model is calibrated to the New Brunswick community of Petitcodiac. Simulations are conducted for marginal reductions in both the price of lumber and the timber supply. We observe that both reductions have negative impacts on output and most production factors in the forest sector. Other production sectors tend to expand as production factors flow to where they receive their highest return.
“This paper discusses the policy issues using confidential documents from the Department of Finance Canada under the federal Access-to-Information Act.”
