Abstract
The influence of the risk of fire loss is important in forest valuations. Risks of loss which cannot be covered by insurance are usually provided for in the interest rate used in calculations of the forest's value.The simplest estimate of the risk of loss from forest fire is the actual average annual burning rate for the Forest area. If this specific information does not exist for the area to be evaluated or is not readily available, this method of appraisal of risk is of little use.The author suggests how to estimate roughly the forest fire risks for different types of forests in different parts of Canada on the basis of the published work on forest fire protection standards by Mr. H. W. Beall, Federal Forestry Branch. The report shows how the estimate of risk may be incorporated in the interest rate used in the evaluation of the forest.
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