The interest-bearing account is jointly administered by a management committee made up of representatives of both governments. One of the key features of the account is that the funds are in addition to, rather than a replacement of regular government funding. Projects can be undertaken on any productive lands in the Queen Charlottes committed to long-term forest management. Priority for operational forestry enhancement is given to those projects and treatments that provide the best combination of increased timber productivity and employment. In September of 1994, the B.C. Ministry of Forests and Natural Resources Canada approved a four-year extension, to March 31, 2000.
Total employment includes indirect employment through business sectors such as the service industry.
This account was established in 1988 to provide for the acquisition of third-party forest interests associated with the establishment of the South Moresby National Park Reserve. The compensation settlement issue with MacMillan Bloedel Limited, the final claimant, is currently before the courts. All three levels support training in forest improvement techniques, while developing a more community-based approach to contracting. The entry and bridging levels are funded jointly under cooperative arrangements with the ministries of Skills, Training and Labour, and Social Services. Income-assistance recipients represent 70 per cent of the participants.