Manitoulin holdings to be development by forestry firm.Manitoulin holdings to be developed by forestry firm A forestry company is planning to develop, not cut, its land on Cockburn Cockburn is a surname of Scottish origin, usually pronounced /ˈkəʊbɜːn/. People See Cockburn (surname) Places Canada
 `lĭn), archipelago consisting of three large islands and several smaller ones, in N Lake Huron, NW of Georgian Bay. . Quebec Quebec, city, Canada Quebec, Fr. Québec, city (1991 pop. 167,517), provincial capital, S Que., Canada, at the confluence of the St. Lawrence and St. Charles rivers. and Ontario Ontario, city, United States Ontario, city (1990 pop. 133,179), San Bernardino co., S Calif., near Los Angeles, in a region of vineyards; inc. 1891. Paper Co. of St. Catharines, Ont. is considering various options for its 30,352 hectares (approximately 75,000 acres) on the islands. The area covers both coastal and inland acreage. Some of the development ides being looked at include cottage lost, hunting and fishing camps and trails for snowmobiling and cross-country skiing cross-country skiing Skiing in open country over rolling, hilly terrain. It originated in Scandinavia as a means of travel as well as recreation. The skies used are longer, narrower, and lighter than those used in Alpine skiing, and bindings allow more heel movement. . The company announced its intention to develop the properties last spring. Jim Lawn, the company's vice-president in charge of finance, said there has been no action yet because the company is deliberately taking its time to ensure that there is no negative impact on the cultural or environmental nature of the area. Since the paper company announced it would not cut timber on the properties, company officials have met with local politicians, residents and all other interested parties to determine a course of action. During a meeting with local politicians and other community representatives in Gore Bay in October, Lawn told those gathered that the company was seeking a prtner to help it develop and initiate a plan to divest To deprive or take away. Divest is usually used in reference to the relinquishment of authority, power, property, or title. If, for example, an individual is disinherited, he or she is divested of the right to inherit money. itself of its holdings on the islands. Lawn explained that the main criteria for obtaining a partner and selling and land is a "sensitive concern for the islands cultural and environmental value." Although the goal is to dispose of To determine the fate of; to exercise the power of control over; to fix the condition, application, employment, etc. of; to direct or assign for a use. See also: Dispose the property, Lawn told Northern Ontario Business Northern Ontario Business is a Canadian magazine, which publishes monthly in Greater Sudbury, Ontario. The magazine covers business news and issues in Northern Ontario. that the company is seeking out a partner who will respect the criteria set forth by the company. "The proposal is for low-density development of the lands. We are quietly reviewing possible partners," he said. Lawn explained that the partner will not only share the risk of development but it must also lend substantial financial an managerial expertise to the venture. At the Gore Bay meeting Lawn explained that the selected partner will have soud financial backing as well as a proven track record in dealing with environmentally sensitive developments. To date no definite candidates have been identified. "We're not pounding on any doors. We're going slowly," said Lawn from his St. Catharines office. If a partner is not found, Lawn said the company is prepared to create its own land development team. There had been some speculation that the company would sell all of its land in undeveloped parcels. However, Lawn reported that Quebec and Ontario Paper wants to maintain control over the development. The land has been owned by the company for about 40 years, but it has not been harvested because of economic considerations. The newsprint newsprint low grade paper used for newspapers. Old newspapers are fed to cattle as an alternative roughage and may occasionally be ingested by dogs. Significant amounts of lead are accumulated in tissues; no cases of poisoning have been recorded in cattle, though it has been company last logged the area in the early 1960s. It ceased operations at that time because of cost and its increased use of recycled paper. Although a small portion of the land is currently being leased to independent loggers, most has remained untouched since Quebec and Ontario Paper pulled out. Lawn was reluctant to comment on the value of the properties, stating that "the numbers were meaningless at this time." |
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