TimberWest Forest Corp. (TimberWest) is a land management company. The Company is an owner of private forest lands in Western Canada. The majority of the Company’s 322,000 hectares or 796,000 acres of private forest lands support the growth of Douglas fir, a tree species sought after for structural purposes. It harvests timber on its lands, develops and sells real estate lands. TimberWest holds renewable long-term public tenures, which provide the Company with the right to an average harvest of 0.7 million cubic meter logs per year from Crown lands. On May 9, 2008, TimberWest closed the Elk Falls sawmill located at Campbell River, British Columbia.