Related Party Transactions |
6 Months Ended |
|---|---|
Jun. 30, 2026 | |
| Related Party Transactions [Abstract] | |
| Related Party Transactions | Note 11. Related Party Transactions For the three and six months ended June 30, 2026, services from the Company’s 20% owned logging and chipping operation were $596 and $2,991, respectively (2025 – $805 and $3,774) and as of June 30, 2026, the Company had a balance to the operation of $19 (December 31, 2025 – of $1,077).
For the three and six months ended June 30, 2026, services from the Company’s 26% owned wood purchasing operation were $3,939 and $5,292, respectively, (2025 – $3,434 and $5,662) and as of June 30, 2026, the Company had a balance to the operation of $154 (December 31, 2025 – $nil).
The Company maintains a commercial surety bond facility to support its mass timber project bidding and contract performance requirements with an entity owned by a major shareholder of the Company. Under the terms of the arrangement, the Company pays standard commercial premiums to the entity upon the issuance of any surety bonds. As of June 30, 2026, the facility provided up to $30,000 dollars in total bonding capacity of which a nominal portion was utilized. |