FFT Budget for 2014/15 and Allocation Overview Provincial Meeting March 27, 2014 Al Powelson and Monty Locke

Budget Allocation Process versus Prioritization Process 2

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4 LBIS Goals: The 2014/15 goals of the Land Based Investment Strategy are to: Strategically direct funding allotted to Land Base Investment to the highest priorities among a broad range of potential investment options across the natural resource sector. Actively manage natural resources to maintain and enhance their value. Mitigate impacts from catastrophic disturbances to the economic, social and environmental benefits of natural resources. Act on strategic priorities to enable the use of B.C.’s natural resources and contribute to the achievement of economic, social and environmental objectives of government.

FFT Investment principles Funds will be allocated to activities based on their potential contribution to the goals, strategic objectives, and priorities outlined in the Land Based Investment Strategy. A.Allocation of investments will be based on consideration of the following factors [1] (in order): [1] i.magnitude of the impact in addressing the goals, strategic objectives, and priorities resulting from the activity; ii.activities that address timber supply; a)Maintain adequate growth rates on existing government funded land based investments [2]. [2] b)address critical mid-term time periods when second growth timber must be available in sufficient quantities and size to meet supply demands, c)reforest catastrophic disturbance where mid and long-term timber supply has been impacted iii.activities that are dependent on a specific biological window where delays could result in lost opportunities; iv.the ability to leverage funding from other sources; v.additional benefits that can be achieved from the activity B.Each activity must consider how climate change has affected, or will affect, resource values and their associated goals, objectives and targets. 5

If FFT funding requests exceed the available budget, then all attempts will be made to fund projects in priority 1 units followed by those in priority 2 and then priority 3 units. Some FFT funding, however, will also be provided to reforest burnt, other NSR non-obligation areas, and constrained timber in other parts of the province. 6

7 Triage the process of determining the priority of patients' treatments based on the severity of their condition In an advanced triage process the injured are sorted into categories. Conventionally there are five classifications with corresponding colours and numbers. Red / Immediate (FFT priority 1): They require immediate life-saving intervention, and have first priority; they "cannot wait" but are likely to survive with immediate treatment. Yellow / Observation(FFT Orange –priority 2): Their condition is stable for the moment but requires watching and frequent re-triage, will need care (and would receive immediate priority care under "normal" circumstances). Green / Wait (walking wounded) (FFT Yellow – Priority 3): They will require care soon but not immediately, may wait for treatment. White / Dismiss (walking wounded):They have minor injuries; care is not required. Black / Expectant: They are so severely injured that they will die of their injuries regardless of intervention.

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How Government’s social objectives fit into the planning process 9

10 LBIS Goals: The 2014/15 goals of the Land Based Investment Strategy are to: Strategically direct funding allotted to Land Base Investment to the highest priorities among a broad range of potential investment options across the natural resource sector. Actively manage natural resources to maintain and enhance their value. Mitigate impacts from catastrophic disturbances to the economic, social and environmental benefits of natural resources. Act on strategic priorities to enable the use of B.C.’s natural resources and contribute to the achievement of economic, social and environmental objectives of government.

11 The magnitude of the Forest vulnerability index indicates the vulnerability of each local area to potential downturns in the forest sector – a community is vulnerable if its forest sector dependence is high and its diversity is low.

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Allocation Letters –Ministry Delivered Area level with service line, funding, activity target Copies to Region and District staff –BCTS Delivered Provincial Allocation letter Funds Recovered through JVs –Recipient/Licensee Allocation to PwC with funding and activity target PwC to follow-up with recipient or licensee 17

Contract Approval process for 2014/15 18

FFT budget for 2015/16 and 10 million allocation 19

Questions? Info: FFT web-page Contacts: Al Powelson Monty Locke 20