John Hancock Canadian Holdings Ltd, Canada.
Comox Timber Ltd, Prince Edward Island, Canada.
The Maritime Life Assurance Company, Canada.
*Hancock Natural Resource Group - Managing forestlands in British Columbia.
several thousand acres on Vancouver Island and Denman Is. in 1995, pretended
to consult with the community for a couple of years, acknowledged our
community's desire for a Community Forest
managed by ecological
In June 1997, without even telling us they sold 4000 acres
on Denman to a middle man, Don Larkin, who held the land for a week
or 2 and then sold it to a reknowned clear-cut logger, Mike Jenks and
his partner, Charles Kim in the name of their numbered company 4064
Investments. Mr. Kim is a new Canadian from Korea who also has Trans-Pac
Denman Is. very dirty and is only interested in maximizing their investments.
They are very ruthless. The person we dealt with was John Davis and
Mason (sorry, I can't remember his last name). They only have 1 biologist
who does field work and are famous for promising results, but stall
and then do nothing. On Denman we have several biologists and biodiversity
scientists, so in my opinion, Hancock sensed the community was smarter
than they were used to dealing with, so they dumped us in order to send
the message to the neighbours of their other lands: don't get any ideas
about eco-system based community forestry, because we will sell to the
worst possible clear-cut loggers that will make Hancock look good in
On Denman they
had a 10 year liquidation plan, but the loggers they sold it to have
destroyed most of the forest in less than 3 years. On account of Hancock
being here, our community has created Sustainable Logging Bylaws
and at this point in time, 4064 is challenging those bylaws and previously
sued 13 locals (SLAPP suit) against publicizing violations of the bylaws.
sure dealt our community an economic/ecological blow by selling this
forest. I was interested in hearing that Hancock was withdrawing as
a sponsor of the Olympics, because of the moral ethical problem of association
with such a bunch of swindlers. Well, I can tell you that they are a
bunch of swindlers
who care nothing about the land. Their new CEO of timber operations
is Clark Binkley, the former Dean of Forestry of University of British
Columbia who I heard speaking on the radio about how he wants to
invest pension funds in growing trees (plantations). His major advice
to BC was to privatize the crown lands and let corporations do a "better
Another thing which
I wished we had followed up on is that Hancock was being sued by the
Campbell Group (who managed us for them) because Hancock had fired them.
Unfortunately no one has researched this (or if it had any connection
to us). We have been so busy trying to save this forest from total destruction
by Jenks and Kim.
Oh yes. Hancock
doesn't actually own the forests they buy and manage. They create investment
units consisting of forests and sell the units typically to pension
funds. We think Hancock is vulnerable to campaigns directed to the beneficial
owners who are the people paying into the pension funds. (If their managment
practices are not morally defencible.) We understand that teacher's
pension funds are among the investors. You can imagine that teachers
are not going to want "the ongoing destruction by Hancock of unique
old growth and cool temperate rainforest in the Strzelecki Ranges, located
about 200 km east of Melbourne " as a result of their pension fund's
activities, being brought up in class!