BC announced it will convene a softwood summit to address lumber tariffs and industry struggles. In other Business news: the log fire at Domtar’s Meadow Lake mill is still smouldering; International Paper Savannah mill closure is having an impact; UPM reported reduced earnings; Canada’s exports dropped 7.5% in Q2; the Bank of Canada cut its interest rate to 2.25%; lumber futures dropped to a 7-week low; and US homebuilders continue to struggle. Meanwhile: TAPPI appoints Lawton Roberts president and CEO.
In Forestry news: BC First Nation pushes back on North Cowichan’s support for logging; Jim Stirling opines on the gap between Quebec and BC land use planning efforts; a BC community forest takes hold in Quesnel; Indiana employs fire to maintain forest health; and a new report says wildfires are taking an increasing toll on Canadian’s health.
Finally, GHG reduction proponent Bill Gates makes stunning claim about climate change.
Kelly McCloskey, Tree Frog News Editor