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Degroot, 45, allegedly fired on police after they showed up to investigate a dispute between two people — possibly over the condition of animals he was keeping.
When police returned fire, Degroot fled into the woods, prompting officers to lock down the village and evacuate schools and homes.
News of Degroot's death comes after police spent five days searching the heavily-forested area and its rugged terrain.
The Independent Investigations Office has confirmed it has been deployed to Slocan to investigate the death.
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