The Bank of Canada says inflation is still too high at 3.1%, but strip out mortgage costs and it’s pretty much on target. In other Business news: American Forest & Paper Association CEO urges New York to veto the Deforestation-Free Procurement Act; Mississippi is on pace for a record timber harvest; Canada told to end its obsession with trade diversification; and green technology funding given to Origin Materials should benefit Canada’s forest industry.
In Forestry/Climate news: researchers say wood products and managed forests are necessary for climate mitigation; scientists are teaming up to restore the Whitebark pine; wildfires are on the rise across the eastern US; a new book on why US forests need more fire, not less; and more coverage of Biden’s move to protect old-growth forests under federal management plans.
Finally, as Canadian Christmas tree farmers retire, who will take over?
Kelly McCloskey, Tree Frog Editor