To support forest management activities undertaken or managed by Westwind, different sources of funding are used. There are two main areas which require funding: Operations and Silviculture.
For work not related to silviculture – e.g. a large portion of forest management planning, compliance, communications and education – Westwind uses its core funding that is provided by the companies harvesting in the forest. A Management Fee is paid each quarter by each company holding an overlapping licensee agreement with Westwind. The amount each company pays is based on the proportion of the harvest share they hold. (e.g. a company that has rights to 10% of the available harvest volume would pay 10% of the operations budget).
For silviculture work, Westwind may access two sources of funding: Forest Renewal Trust (FRT) and Forestry Futures Trust (FFT). The MNRF website https://www.ontario.ca/page/forest-renewal-trust-and-forestry-futures-trust can be consulted for more information and current rates.