‘Absolutely worst situation’: B.C. forestry sector fears it will be hardest-hit by U.S. tariffs

By Jacqueline Gelineau
CBC News
August 25, 2026
Category: Business & Politics
Region: Canada, Canada West

BC’s forestry industry expects it will be one of the hardest-hit sectors by the United States’ new 50% tariffs on Canadian goods. …”This is clearly an attack on Canada,” said Derek Nighbor, president of FPAC. Nighbor said the most recent trade action by the US government captures more than $4 billion in Canadian lumber products that include not only raw materials, but also value-added and processed goods like fibreboard, particleboard, paper packaging, and wood moulding products. …David Elstone, a strategic advisor, “Unequivocally, this is the worst, absolutely worst situation we’ve ever been in.” …Kim Haakstad, CEO of COFI, said the lumber industry as a whole is deeply invested in developing international markets and relationships overseas, but cannot compete on a global stage. She said the high cost of Canadian lumber is driven by both federal and provincial harvesting regulations, making it difficult to diversify to markets beyond the US.

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