The Terrace Community Forest is a private company owned by the City of Terrace and managed by an appointed board.
The City isn't involved in the day to day of the company, and the company generates its own cashflow through its resources.
The Community Forest's land base covers three areas, with portions in the Kitimat Valley, Amesbury/Shames, and Deep Creek/Spring Creek.
Revenue is generated from their commercial thinning and retention harvesting program, and revenue stays within the community.
This year's annual contribution by the Community Forest to the City of Terrace is $200,000.
Recent projects the TCF has contributed to include the new pickleball courts on Halliwell avenue, the George Little Park Playground expansion, the new public art on Ferry Island, and the Cricket Fields in Thornhill.
To date, the Terrace Community Forest has allocated $5 million dollars to community projects.
They also aim to create local employment opportunities, and have created direct local employment valued at an estimated $30 million dollars.
The TCF say on their website that they have a commitment to being proactive in developing and implementing wildlife projects which benefit the local community, including stream fish work in Spring Creek, and other wildlife projects involving Goshawks and local bat species are listed as being high priority.
