================================================================================ SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 (Amendment No. 1) --------------------------- LONGVIEW FIBRE COMPANY (Name of Issuer) COMMON STOCK, $1.50 ASCRIBED VALUE, AND RIGHTS TO PURCHASE COMMON STOCK 543213102 (Title of class of securities) (CUSIP number) ALAN V. DEAN BCE PLACE 181 BAY STREET, SUITE 300 TORONTO, ONTARIO M5J 2T3 (416) 363-9491 WITH A COPY TO: S. WADE ANGUS, ESQ. SIMEON GOLD, ESQ. WEIL, GOTSHAL & MANGES LLP 767 FIFTH AVENUE NEW YORK, NEW YORK 10153 (212) 310-8000 (Name, address and telephone number of person authorized to receive notices and communications) APRIL 20, 2007 (Date of event which requires filing of this statement) If the filing person has previously filed a statement on Schedule 13G to report the acquisition which is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the following box [_]. Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule 13d-7(b) for other parties to whom copies are to be sent. * The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page. The information required on the remainder of this cover page shall not be deemed to be "filed" for the purposes of Section 18 of the Securities Exchange Act of 1934 (the "Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). -------------------------------------------------------------------------------- CUSIP No. 543213102 SCHEDULE 13D Page 2 of 5 pages -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- 1 NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) BROOKFIELD ASSET MANAGEMENT INC. -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [_] (b) [X] -- Joint Filing -------------------------------------------------------------------------------- 3 SEC USE ONLY -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* OO -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e) [_] -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION ONTARIO -------------------------------------------------------------------------------- 7 SOLE VOTING POWER 6,643,555 SHARES OF COMMON STOCK NUMBER OF ---------------------------------------------------------------- SHARES 8 SHARED VOTING POWER 0 BENEFICIALLY OWNED BY ---------------------------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER 6,643,555 SHARES OF COMMON REPORTING STOCK PERSON WITH ---------------------------------------------------------------- 10 SHARED DISPOSITIVE POWER 0 -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 6,643,555 SHARES OF COMMON STOCK(1) -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [_] -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 10.1% OF THE OUTSTANDING SHARES OF COMMON STOCK -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* CO, HC -------------------------------------------------------------------------------- (1)On April 20, 2007, the Merger referred to under Item 4 of this Schedule 13D was consummated and Longview Fibre Company became a wholly-owned indirect subsidiary of Brookfield Asset Management Inc. -------------------------------------------------------------------------------- CUSIP No. 543213102 SCHEDULE 13D Page 3 of 5 pages -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- 1 NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) PARTNERS LIMITED -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [_] (b) [X] -- Joint Filing -------------------------------------------------------------------------------- 3 SEC USE ONLY -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* AF -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e) [_] -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION ONTARIO -------------------------------------------------------------------------------- 7 SOLE VOTING POWER 0 NUMBER OF ---------------------------------------------------------------- SHARES 8 SHARED VOTING POWER 6,643,555 SHARES OF COMMON STOCK BENEFICIALLY OWNED BY ---------------------------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER 0 REPORTING PERSON WITH ---------------------------------------------------------------- 10 SHARED DISPOSITIVE POWER 6,643,555 SHARES OF COMMON STOCK -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 6,643,555 SHARES OF COMMON STOCK(2) -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [_] -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 10.1% OF THE OUTSTANDING SHARES OF COMMON STOCK -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* CO, HC -------------------------------------------------------------------------------- (2)On April 20, 2007, the Merger referred to under Item 4 of this Schedule 13D was consummated and Longview Fibre Company became a wholly-owned indirect subsidiary of Brookfield Asset Management Inc. -------------------------------------------------------------------------------- CUSIP No. 543213102 SCHEDULE 13D Page 4 of 5 pages -------------------------------------------------------------------------------- This Amendment No. 1 to Schedule 13D (this "Amendment") is filed with the Securities and Exchange Commission (the "Commission") with respect to Longview Fibre Company (the "Company") by the undersigned to amend the Statement on Schedule 13D, filed by the undersigned on March 29, 2007 (the "Original Filing"). Unless otherwise indicated, all capitalized terms shall have the same meaning as provided in the Original Filing. Any reference to "this Schedule 13D" in the Original Filing or in this Amendment shall refer to the Original Filing as amended by this Amendment. ITEM 4. PURPOSE OF TRANSACTION. Item 4 is hereby amended and supplemented by the addition of the following paragraph: On April 20, 2007, the Company filed with the Secretary of State of Washington Articles of Merger, and the Merger was consummated. Also on April 20, 2007, the Company requested that the Common Stock no longer be quoted on the New York Stock Exchange and a Form 15 was filed with the Commission on behalf of the Company to commence the procedure to terminate the registration of Common Stock and the Company's reporting obligations under the Securities Exchange Act of 1934. ITEM 5. INTEREST IN SECURITIES OF THE ISSUER. Item 5 is hereby amended and supplemented by the addition thereto of the following: On April 19, 2007, the shareholders of the Company approved the Merger Agreement and the Merger at the special meeting of shareholders of the Company held on April 19, 2007. The Merger closed on April 20, 2007. On April 20, 2007, the Company filed a Certificate of Merger with the Secretary of State of Washington. Pursuant to the Merger Agreement, each share of the Common Stock was cancelled at the effective time of the Merger and converted into the right to receive $24.75 per share in cash, without interest, and the Company, the surviving entity of the Merger, became a wholly-owned indirect subsidiary of Brookfield. -------------------------------------------------------------------------------- CUSIP No. 543213102 SCHEDULE 13D Page 5 of 5 pages -------------------------------------------------------------------------------- SIGNATURE After reasonable inquiry and to the best of the undersigned's knowledge and belief, each of the undersigned certifies as to itself that the information set forth in this amendment is true, complete and correct. Dated: April 20, 2007 BROOKFIELD ASSET MANAGEMENT INC. By: /s/ Alan V. Dean ------------------------------------ Name: Alan V. Dean Title: Senior Vice-President and Secretary PARTNERS LIMITED By: /s/ Loretta M. Corso ------------------------------------ Name: Loretta M. Corso Title: Secretary