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                                                                   Exhibit 10.24

     FOURTH SUPPLEMENTAL INDENTURE (this "Supplemental Indenture"), dated as of
January 31, 2006, among Ainsworth Corp. (the "Guaranteeing Subsidiary"), a
subsidiary of Ainsworth Lumber Co. Ltd., a corporation incorporated under the
laws of the Province of British Columbia (the "Company"), the Company, Ainsworth
Engineered Corp. ("Ainsworth Engineered"), Ainsworth Engineered (USA), LLC
("Ainsworth USA"), Ainsworth Engineered Canada Limited Partnership, each a
subsidiary of the Company (together, the "Prior Guarantors"), and The Bank of
New York, as trustee under the Indenture referred to below (the "Trustee").

                                   WITNESSETH

     WHEREAS, the Company has heretofore executed and delivered to the Trustee
an indenture, dated as of March 3, 2004, providing for the issuance of an
unlimited aggregate principal amount of 6.750% Senior Notes due March 15, 2014
(the "Notes"), as supplemented by the First Supplemental Indenture, dated as of
May 19, 2004, among the Company, Ainsworth Engineered and the Trustee, the
Second Supplemental Indenture, dated as of September 22, 2004, among the
Company, Ainsworth Engineered, Ainsworth USA and the Trustee, and the Third
Supplemental Indenture, dated as of January 10, 2005, among the Company, the
Prior Guarantors and the Trustee (as supplemented, the "Indenture");

     WHEREAS, the Indenture provides that under certain circumstances a
Subsidiary providing a Subsidiary Guarantee shall execute and deliver to the
Trustee a supplemental indenture pursuant to which such Subsidiary shall
unconditionally guarantee all of the Company's Obligations under the Notes and
the Indenture on the terms and conditions set forth herein (the "Subsidiary
Guarantee"); and

     WHEREAS, pursuant to Section 9.01 of the Indenture, the Trustee is
authorized to execute and deliver this Supplemental Indenture.

     NOW THEREFORE, in consideration of the foregoing and for other good and
valuable consideration, the receipt of which is hereby acknowledged, the parties
mutually covenant and agree for the equal and ratable benefit of the Holders of
the Notes as follows:

     1. CAPITALIZED TERMS. Capitalized terms used herein without definition
shall have the meanings assigned to them in the Indenture.

     2. AGREEMENT TO GUARANTEE. The Guaranteeing Subsidiary hereby agrees as
follows:

          (a) Along with all Guarantors named in the Indenture, to jointly and
     severally unconditionally guarantee to each Holder of a Note authenticated
     and delivered by the Trustee and to the Trustee and its successors and
     assigns, irrespective of the validity and enforceability of the Indenture,
     the Notes or the obligations of the Company hereunder or thereunder, that:

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          (i) the principal of and interest, premium and Special Interest, if
          any, on the Notes will be promptly paid in full when due, whether at
          maturity, by acceleration, redemption or otherwise, and interest on
          the overdue principal of and interest on the Notes, if any, if lawful,
          and all other obligations of the Company to the Holders or the Trustee
          hereunder or thereunder will be promptly paid in full or performed,
          all in accordance with the terms hereof and thereof; and

          (ii) in case of any extension of time of payment or renewal of any
          Notes or any of such other obligations, that same will be promptly
          paid in full when due or performed in accordance with the terms of the
          extension or renewal, whether at stated maturity, by acceleration or
          otherwise. Failing payment when due of any amount so guaranteed or any
          performance so guaranteed for whatever reason, the Guarantors shall be
          jointly and severally obligated to pay the same immediately.

          (b) The obligations hereunder shall be unconditional, irrespective of
     the validity, regularity or enforceability of the Notes or the Indenture,
     the absence of any action to enforce the same, any waiver or consent by any
     Holder of the Notes with respect to any provisions hereof or thereof, the
     recovery of any judgment against the Company, any action to enforce the
     same or any other circumstance which might otherwise constitute a legal or
     equitable discharge or defense of a guarantor.

          (c) The obligations of the Guaranteeing Subsidiary under this
     Subsidiary Guarantee are independent of the obligations guaranteed by the
     Guaranteeing Subsidiary hereunder, and a separate action or actions may be
     brought and prosecuted by the Trustee on behalf of, or by, the Holders,
     subject to the terms and conditions set forth in the Indenture, against the
     Guaranteeing Subsidiary to enforce this Subsidiary Guarantee, irrespective
     of whether any action is brought against the Company or whether the Company
     is joined in any such action or actions.

          (d) In the event of a default in payment of principal (or premium and
     Special Interest, if any) or interest on a Note, whether at its stated
     maturity, by acceleration, purchase or otherwise, legal proceedings may be
     instituted by the Trustee on behalf of, or by, the Holder of such Note,
     subject to the terms and conditions set forth in the Indenture, directly
     against the Guaranteeing Subsidiary to enforce the Subsidiary Guarantee
     without first proceeding against the Company or any other Guarantor. If,
     after the occurrence and during the continuance of an Event of Default, the
     Trustee or any of the Holders are prevented by applicable law from
     exercising their respective rights to accelerate the maturity of the Notes,
     to collect interest on the Notes, or to enforce or exercise any other right
     or remedy with respect to the Notes, the Guaranteeing Subsidiary shall pay
     to the Trustee for the account of the Holder, upon demand therefor, the
     amount that would otherwise have been due and payable had such rights and
     remedies been permitted to be exercised by the Trustee or any of the
     Holders.


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          (e) The following is hereby waived: diligence presentment, demand of
     payment, filing of claims with a court in the event of insolvency or
     bankruptcy of the Company, any right to require a proceeding first against
     the Company, protest, notice and all demands whatsoever.

          (f) This Subsidiary Guarantee shall not be discharged except by
     complete performance of the obligations contained in the Notes, the
     Indenture and this Supplemental Indenture, and the Guaranteeing Subsidiary
     accepts all obligations of a Guarantor under the Indenture.

          (g) If any Holder or the Trustee is required by any court or otherwise
     to return to the Company, the Guarantors (including the Guaranteeing
     Subsidiary), or any custodian, trustee, liquidator or other similar
     official acting in relation to either the Company or the Guarantors, any
     amount paid either to the Trustee or such Holder, this Subsidiary
     Guarantee, to the extent theretofore discharged, shall be reinstated in
     full force and effect.

          (h) The Guaranteeing Subsidiary shall not be entitled to any right of
     subrogation in relation to the Holders in respect of any obligations
     guaranteed hereby until payment in full of all obligations guaranteed
     hereby.

          (i) As between the Guaranteeing Subsidiary, on the one hand, and the
     Holders and the Trustee, on the other hand, (x) the maturity of the
     obligations guaranteed hereby may be accelerated as provided in Article 6
     of the Indenture for the purposes of this Subsidiary Guarantee,
     notwithstanding any stay, injunction or other prohibition preventing such
     acceleration in respect of the obligations guaranteed hereby, and (y) in
     the event of any declaration of acceleration of such obligations as
     provided in Article 6 of the Indenture, such obligations (whether or not
     due and payable) shall forthwith become due and payable by the Guaranteeing
     Subsidiary for the purpose of this Subsidiary Guarantee.

          (j) The Guaranteeing Subsidiary shall have the right to seek
     contribution from any non-paying Guarantor so long as the exercise of such
     right does not impair the rights of the Holders under this Subsidiary
     Guarantee.

          (k) Pursuant to Section 10.02 of the Indenture, after giving effect to
     all other contingent and fixed liabilities that are relevant under any
     applicable Bankruptcy or fraudulent conveyance laws, and after giving
     effect to any collections from, rights to receive contribution from or
     payments made by or on behalf of any other Guarantor in respect of the
     obligations of such other Guarantor under Article 10 of the Indenture, this
     new Subsidiary Guarantee shall be limited to the maximum amount permissible
     such that the obligations of such Guaranteeing Subsidiary under this
     Subsidiary Guarantee will not constitute a fraudulent transfer or
     conveyance.

          (l) This Subsidiary Guarantee shall remain in full force and effect
     and continue to be effective should any petition be filed by or against the
     Company for liquidation, reorganization, should the Company become
     insolvent or make an assignment for the benefit of creditors or should a
     receiver or trustee be appointed


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     for all or any significant part of the Company's assets, and shall, to the
     fullest extent permitted by law, continue to be effective or be reinstated,
     as the case may be, if at any time payment and performance of the Notes
     are, pursuant to applicable law, rescinded or reduced in amount, or must
     otherwise be restored or returned by any obligee on the Notes and
     Subsidiary Guarantee, whether as a "voidable preference", "fraudulent
     transfer" or otherwise, all as though such payment or performance had not
     been made. In the event that any payment or any part thereof, is rescinded,
     reduced, restored or returned, the Note shall, to the fullest extent
     permitted by law, be reinstated and deemed reduced only by such amount paid
     and not so rescinded, reduced, restored or returned.

          (m) In case any provision of this Subsidiary Guarantee shall be
     invalid, illegal or unenforceable, the validity, legality, and
     enforceability of the remaining provisions shall not in any way be affected
     or impaired thereby.

          (n) This Subsidiary Guarantee shall be a general unsecured obligation
     of such Guaranteeing Subsidiary, ranking pari passu with any other future
     senior Indebtedness of the Guaranteeing Subsidiary, if any.

          (o) Each payment to be made by the Guaranteeing Subsidiary in respect
     of this Subsidiary Guarantee shall be made without set-off, counterclaim,
     reduction or diminution of any kind or nature.

     3. EXECUTION AND DELIVERY. The Guaranteeing Subsidiary agrees that the
Subsidiary Guarantee shall remain in full force and effect notwithstanding any
failure to endorse on each Note a notation of this Subsidiary Guarantee.

     4. GUARANTEEING SUBSIDIARY MAY CONSOLIDATE, ETC. ON CERTAIN TERMS.

          (a) Except as otherwise provided in Section 10.05 of the Indenture,
     the Guaranteeing Subsidiary may not sell or otherwise dispose of all or
     substantially all of its assets to, or consolidate, amalgamate with or
     merge with or into (whether or not such Guaranteeing Subsidiary is the
     surviving Person) another Person other than the Company or another
     Guarantor unless:

          (b) immediately after giving effect to that transaction, no Default or
     Event of Default exists; and

          (c) either:

               (1) the Guaranteeing Subsidiary is the surviving Person, or the
          Person acquiring the property in any such sale or disposition or the
          Person formed by or surviving any such consolidation, amalgamation or
          merger assumes all the obligations of the Guaranteeing Subsidiary
          under the Indenture, this Subsidiary Guarantee and the Registration
          Rights Agreement pursuant to a supplemental indenture satisfactory to
          the Trustee and completes all other required documentation; or

               (2) the Net Proceeds of such sale or other disposition are
          applied in accordance with the provisions of Section 4.10 of the
          Indenture;


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          (d) In case of any such consolidation, amalgamation, merger, sale or
     conveyance and upon the assumption by the successor Person (where
     applicable), by supplemental indenture, executed and delivered to the
     Trustee and satisfactory in form to the Trustee, of this Subsidiary
     Guarantee endorsed upon the Notes and the due and punctual performance of
     all of the covenants and conditions of the Indenture to be performed by the
     Guaranteeing Subsidiary, such successor Person shall succeed to and be
     substituted for the Guaranteeing Subsidiary with the same effect as if it
     had been named herein as a Guaranteeing Subsidiary. Such successor Person
     thereupon may cause to be signed the Subsidiary Guarantee to be endorsed
     upon all of the Notes issuable hereunder which theretofore shall not have
     been signed by the Company and delivered to the Trustee. The Subsidiary
     Guarantee so issued shall in all respects have the same legal rank and
     benefit under the Indenture as the Subsidiary Guarantees theretofore and
     thereafter issued in accordance with the terms of the Indenture as though
     all of such Subsidiary Guarantees had been issued at the date of the
     execution hereof.

          (e) Except as set forth in Articles 4 and 5 of the Indenture, and
     notwithstanding clauses (a) and (b) above, nothing contained in the
     Indenture or in any of the Notes shall prevent any consolidation,
     amalgamation or merger of a Guaranteeing Subsidiary with or into the
     Company or another Guarantor, or shall prevent any sale or conveyance of
     the property of the Guaranteeing Subsidiary as an entirety or substantially
     as an entirety to the Company or another Guarantor.

     5. RELEASES.

          (a) In the event of a sale (including by way of merger, amalgamation
     or consolidation in compliance with Section 5.01 of the Indenture) of all
     the capital stock of the Guaranteeing Subsidiary to a Person that is not
     (either before or after giving effect to such transaction) the Company or a
     Restricted Subsidiary then the Guaranteeing Subsidiary (in the event of a
     sale or other disposition, by way of merger, consolidation or otherwise, of
     all of the capital stock of such Guaranteeing Subsidiary) will be released
     and relieved of any obligations under this Subsidiary Guarantee; provided,
     that the sale complies with Section 4.10 of the Indenture. Further, if the
     Company redesignates any Restricted Subsidiary that is a Guarantor as an
     Unrestricted Subsidiary in accordance with Section 4.17 of the Indenture
     then the Guaranteeing Subsidiary will be released and relieved of any
     obligations under this Subsidiary Guarantee. Upon delivery by the Company
     to the Trustee of an Officers' Certificate and an Opinion of Counsel to the
     effect that such sale or other disposition was made by the Company in
     accordance with the provisions of the Indenture, including without
     limitation Section 4.10 of the Indenture, the Trustee shall execute any
     documents reasonably required in order to evidence the release of the
     Guaranteeing Subsidiary from its obligations under this Subsidiary
     Guarantee.

          (b) The Guaranteeing Subsidiary not released from its obligations
     under this Subsidiary Guarantee shall remain liable for the full amount of
     principal of and interest on the Notes and for the other obligations of the
     Guaranteeing Subsidiary under the Indenture as provided in Article 10
     thereof.


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     6. NO RECOURSE AGAINST OTHERS. No past, present or future director,
officer, employee, incorporator, shareholder or agent of the Guaranteeing
Subsidiary, as such, shall have any liability for any obligations of the Company
or any Subsidiary under the Notes, any Subsidiary Guarantees, the Indenture or
this Supplemental Indenture or for any claim based on, in respect of, or by
reason of, such obligations or their creation. Each Holder of the Notes by
accepting a Note waives and releases all such liability. The waiver and release
are part of the consideration for the issuance of the Notes. Such waiver may not
be effective to waive liabilities under the federal securities laws and it is
the view of the Commission that such a waiver is against public policy.

     7. THE LAWS OF THE STATE OF NEW YORK SHALL GOVERN AND BE USED TO CONSTRUE
THIS SUPPLEMENTAL INDENTURE, THE INDENTURE, THE NOTES AND THE SUBSIDIARY
GUARANTEES.

     8. COUNTERPARTS. The parties may sign any number of copies of this
Supplemental Indenture. Each signed copy shall be an original, but all of them
together represent the same agreement.

     9. EFFECT OF HEADINGS. The Section headings herein are for convenience only
and shall not affect the construction hereof.

     10. THE TRUSTEE. The Trustee shall not be responsible in any manner
whatsoever for or in respect of the validity or sufficiency of this Supplemental
Indenture or for or in respect of the recitals contained herein, all of which
recitals are made solely by the Guaranteeing Subsidiary and the Company.

     11. SUBROGATION. The Guaranteeing Subsidiary shall be subrogated to all
rights of Holders of Notes against the Company in respect of any amounts paid by
the Guaranteeing Subsidiary pursuant to the provisions of Section 2 hereof;
provided, however, that, if an Event of Default has occurred and is continuing,
the Guaranteeing Subsidiary shall not be entitled to enforce or receive any
payments arising out of, or based upon, such right of subrogation until all
amounts then due and payable by the Company under the Indenture or the Notes
shall have been paid in full.

     12. BENEFITS ACKNOWLEDGED. The Guaranteeing Subsidiary acknowledges that it
will receive direct and indirect benefits from the financing arrangements
contemplated by the Indenture and this Supplemental Indenture and that the
guarantee and waivers made by it pursuant to this Subsidiary Guarantee are
knowingly made in contemplation of such benefits.

     13. SUCCESSORS. All agreements of the Guaranteeing Subsidiary in this
Supplemental Indenture shall bind its Successors, except as otherwise provided
in Section 2(k) hereof or elsewhere in this Supplemental Indenture. All
agreements of the Trustee in this Supplemental Indenture shall bind its
successors.


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     IN WITNESS WHEREOF, the parties hereto have caused this Supplemental
Indenture to be duly executed, all as of the date first above written.

                                        Ainsworth Lumber Co. Ltd.


                                        By:
                                            ------------------------------------
                                        Name: Catherine E. Ainsworth
                                        Title: Chief Operating Officer


                                        By:
                                            ------------------------------------
                                        Name: D. Michael Ainsworth
                                        Title: Executive Vice-President


                                        Ainsworth Engineered Corp.


                                        By:
                                            ------------------------------------
                                        Name: Catherine E. Ainsworth
                                        Title: Secretary


                                        Ainsworth Engineered (USA), LLC


                                        By:
                                            ------------------------------------
                                        Name: Catherine E. Ainsworth
                                        Title: Secretary


                                        Ainsworth Engineered Canada Limited
                                        Partnership


                                        By:
                                            ------------------------------------
                                            Ainsworth Lumber Co. Ltd., as
                                            General Partner
                                        Name: Robert Allan
                                        Title: Chief Financial Officer


                                        Ainsworth Corp.


                                        By:
                                            ------------------------------------
                                        Name: Catherine E. Ainsworth
                                        Title: Chief Executive Officer


                                        The Bank of New York, as Trustee


                                        By:
                                            ------------------------------------
                                            Authorized Signatory


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