 In January 2013, Western Forest Products announced that it has entered into a conditional agreement for the sale of its former Woodfibre Pulp Mill site for the purchase price of $25.5 million.The site, consisting of 212 acres of industrial waterfront land, is located at the head of Howe Sound, southwest of Squamish, British Columbia.The net proceeds from the sale are expected to be approximately $17 million 

In 2015 the site is undergoing an environmental assessment for use as a liquefied natural gas plant.