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EXHIBIT
4.15
  (AINSWORTH LOGO)
    
    
    
    GP2
project
 ainsworth
lumberCo.
ltd,
 Contract
No. C-001
 DEMAC MANAGEMENT LTD.
  TABLE
OF CONTENTS
 AgreementScope of WorkSchedulesA. Contract SumB. Unit PricesC. Mill Standards and Preferred ComponentsD. Contract ScheduleE. Alberta ContentF. Key PersonnelG. Labour RelationsH. Safety ManualGeneral ConditionsSpecial ConditionsSpecifications




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(AINSWORTH LOGO)
    
    
    
    GP2 project
 ainsworth lumber ltd,
 Contract
No. C-001
 AGREEMENT
 AGREEMENT FOR
CONTRACT NO. C-001
General Contracting Services for the GP2 Project
 THE AGREEMENT th
 BETWEEN:
    
    AINSWORTH LUMBER COMPANY LIMITED#3194 Bentall FourP.O. Box 49037  1055 Dunsmuir StreetVancouver, B.C. V7X 1L3(hereinafter called Owner)AND:
    
    DEMAC MANAGEMENT LTD.133 Glacier StreetCoquitlam, B.C. V3K 5Z1(hereinafter called the Contractor)
 WITNESSETH THAT:
    
    the Owner and the Contractor, for the considerations set forth herein,
undertake and agree as follows:
 ARTICLE
1    CONTRACT DOCUMENTS
  a)
    
    this Agreementb)
    
    Scope of Workc)
    
    Schedules
 A.
    
    Contract SumB.
    
    Unit PricesC.
    
    Mill Standards and Preferred ComponentsD.
    
    Contract ScheduleE.
    
    Alberta ContentF.
    
    Key PersonnelG.
    
    Labour RelationsH.
    
    Safety Manual
 c)
    
    General Conditionsd)
    
    Special Conditionse)
    
    Specifications
 Agreement DOC
    
    PAGE 1 OF 5




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(AINSWORTH LOGO)
    
    
    
    GP2 project
 ainsworth lumber Co. ltd,
 Contract
No. C-001
 AGREEMENT
   ARTICLE
2    ENTIRE AGREEMENT
   ARTICLE
3    THE WORK
 nd
   Agreement DOC
    
    PAGE 2 OF 5




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(AINSWORTH LOGO)
    
    
    
    GP2 project
 ainsworth lumber Co. ltd,
 Contract
No. C-001
 AGREEMENT
 ARTICLE
4    CONTRACT SUM / PAYMENT
    ARTICLE
5    ENUREMENT
  ARTICLE
6    RECEIPT OF AND ADDRESS FOR NOTICES
  Contractor:
    
    DEMAC MANAGEMENT LTD.Contractor:
    
    133 Glacier StreetCoquitlam, B.C. V3K 5Z1ATTN: Mr. Mike McBrideTEL:  (604)941-1735FAX: (604)941-1800
 Agreement DOC
    
    PAGE 3 OF 5




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(AINSWORTH LOGO)
    
    
    
    GP2 project
 ainsworth lumber Co. ltd,
 Contract
No. C-001
 AGREEMENT
 and to OWNER:
    
    AINSWORTH LUMBER COMPANY LTD.#3194 Bentall FourP.O. Box 49037  1055 Dunsmuir StreetVancouver, B.C. V7X 1L3ATTN: Mr. Douglas AinsworthTEL: (604) 661-3210FAX; (604) 661-3201
   ARTICLE
7   JOINT AND SEVERAL LIABILITY
  ARTICLE
8   ENGINEER
 1. Engineer for the Contract is:
    
    NGM InternationalRob ZatzoffLangley, BC CanadaPH: (604) 533-4437FX: (604) 533-4458FX: (604) 533-4458
 Agreement DOC
    
    PAGE 4 OF 5




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(AINSWORTH LOGO)
    
    
    
    GP2
Project
 ainsworth lumber Co. ltd.
 Contract
No. C-001
 AGREEMENT
 IN WITNESS WHEREOF
  [ILLEGIBLE]Signature of Signing Officer or Authorized Representative
 Douglas Ainsworth  Senior VP/Project Director

Name and Position (typed)
 [ILLEGIBLE]

Witness
  [ILLEGIBLE]Signature of Signing Officer or Authorized Representative
 Mike McBride  Project Construction DirectorName and Position (typed)
 [ILLEGIBLE]Witness
 Agreement DOC
    
    PAGE 5 OF 5