Lease Portfolio

The Port Authority manages over 100 lease and land exchange agreements, which generate upwards of $500,000 in annual revenues. The Port Authority manages foreshore leases on behalf of the Federal Crown and Province of British Columbia. The majority of the Port’s foreshore leases are for log storage in the Provincial portion of the harbour. The Port Authority’s primary log storage leasees include forestry sector corporations such as Western Forest Products and Island Timberlands, and Catalyst Paper.

On the uplands fronting the Federal portion of the harbour, the Port Authority leases land and/or facilities to a variety of marine related businesses.

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