Advertisement
Advertisement
stumpage
[ stuhm-pij ]
noun
- standing timber with reference to its value.
- the value of such timber.
stumpage
/ ˈʌɪ /
noun
- standing timber or its value
- the right to fell timber on another person's land
- a tax or royalty payable on each tree felled, esp on crown land
Example Sentences
The United States has based its tariffs on a finding that Canadian timber harvested from federal and provincial lands with low government-set stumpage fees constitutes an unfair subsidy, while most U.S. timber is harvested from private land at market rates.
The United States has said that Canadian timber harvested from federal and provincial lands with low government-set stumpage fees constitutes an unfair subsidy, while most U.S. timber is harvested from private land at market rates.
He said stumpage prices — the price timber companies pay for the right to harvest trees — remains up about 25% from last year.
Provincial agencies set the price loggers must pay — delightfully known as the “stumpage fee” — for cutting down pines and other conifers, a.k.a., “soft” wood.
U.S. producers say that this results in below-market stumpage fees for Canadian loggers — or, as the U.S. industry contends, a subsidy.
Advertisement
Advertisement
Advertisement
Advertisement
Browse