US financial markets pull back, oil prices surge and mortgage rates jump in response to Iran conflict. In related news: the Middle East crisis threatens Finland’s forestry exports, and US furniture importers. In Business news: Canada announced $13M in tariff funding for Kalesnikoff Lumber and 8 others; New Brunswick’s royalty rate change cost $45M; and Wisconsin seeks to strengthen its forest industry. Meanwhile: Canada signs aboriginal rights deal with Musqueam Indian Band encompassing Vancouver; and BC Premier Eby loses key staffer on DRIPA law.

In Wood Product news: Canada Wood Group highlights Premier Eby’s trip to India and other wood market news; University of BC opens six-storey mass timber Gateway Health building; and Oregon’s Mass Timber Coalition is featured on ‘All Access with Andy Garcia’. In Forestry news: WWF calls out Canada on biodiversity funding; Prince Edward Island’s auditor general gives province a failing grade on forest management; and BC truck drivers have the most injury claims—and driver fatigue is a contributing factor.

Finally, ERA’s Kevin Mason on forest product markets and tariffs post US Supreme Court-ruling.

Kelly McCloskey, Tree Frog News Editor