US President Trump has said he is “not looking to renew” the Canada-U.S.-Mexico Agreement (CUSMA). “I made the deal and the primary reason I made the deal is that NAFTA was the worst trade deal I’ve ever seen. Yeah. And I made it better. But I had the right to terminate.” …“We don’t need anything to Canada has, we don’t need anything that Mexico has, but they need everything that we have, and they have to treat us better.” …“With Mexico and Canada, we have trade deficits. We should have surpluses with them. We don’t need their cars. We don’t need their lumber. We don’t need their energy.” …CUSMA’s text allows each country the opportunity to extend the agreement for another 16 years or launch a series of annual reviews.
Related coverage by
- Ashleigh Fields in The Hill: Trump says he man not renew USMCA
- Mike Crawley in CBC News: Trump is unlikely to rip up CUSMA. Here’s why
- Oklahoma Farm Report: Agriculture Groups to Congress: USMCA Critical to Farmers
UK — A strong and reliable supply chain is essential to the continued growth of offsite construction in the UK, and the collaboration between West Fraser and 
Vancouver, BC — Canfor Corporation announced today that it has entered into an agreement with PinkWood Ltd. to purchase its I-joist business for $68.0 million, including working capital. Founded in 2009, PinkWood is the largest Ijoist facility in Western Canada, producing engineered wood joists for residential, multi-family, and commercial construction. Located in Calgary, AB, PinkWood has 120 employees, with production capacity of 46 million linear feet. The purchase price represents a 5 times EBITDA multiple based on current production levels and earnings, including identified synergies. … “PinkWood is a leading manufacturer of high-quality I-joists with a strong management team and stable returns,” said Susan Yurkovich, President and CEO of Canfor. “Canfor’s acquisition of PinkWood complements our operations in Western Canada by enhancing product diversification and supporting the continued expansion of our value-added manufacturing capabilities.
In addition to its attention-grabbing National Artificial Intelligence Strategy, last week the federal government launched its nationwide Forest Sector Action Plan. The premise behind these national plans and strategies is that individuals and businesses are incapable of managing their own affairs, and so need guidance from an all-wise federal government. …One excellent reason for skepticism about national government planning is given by the government itself. “Canada’s forest sector has faced crisis after crisis over the past 20 years,” it begins. Three sentences later, it says: “For decades, governments have delivered programs to promote investment, research, innovation, Indigenous involvement and market diversification in Canada’s forest sector.” If government forestry programs have produced crisis after crisis for decades, the idea that even more government planning will help is optimistic, to say the least. The action plan is full of central-planning interventions that have failed across industries for decades.
MILDMAY — The Ontario government is investing $1.6 million in Bernie McGlynn Lumber Ltd. to support a major expansion and modernization project at the company’s sawmill in Mildmay. The investment will more than double the company’s production space, increase output by 47 per cent, create five new good-paying jobs and support 13 existing positions. As part of its plan to protect Ontario forestry workers and businesses, the province is making strategic investments to help the forest sector adapt, compete and grow in the face of U.S. tariffs. …The government’s investment through the Forest Sector Investment and Innovation Program will support Bernie McGlynn Lumber’s $5.3 million project to construct a new 30,000-square-foot facility and install upgraded equipment, including a first-in-Ontario thermal-treating kiln system and a double-bladed bandsaw. 
Lumber climbed to $617 per thousand board feet, the highest level since October, as constrained supply outweighed subdued conditions in the housing market. The US lumber market remains tight, with domestic production failing to fully offset reduced imports from Canada following tariffs. Canada still supplies roughly 30% of US consumption, underscoring its continued importance despite trade barriers. The US Commerce Department has proposed lowering combined duties on Canadian lumber to 24.8% from 35.2%, but an additional 10% Section 232 tariff keeps the effective rate close to 35%. Supply pressures have been further intensified by wildfire damage and other production disruptions in Canada, prompting British Columbia to introduce emergency measures aimed at boosting timber availability after storms and fires threatened output. [END]
The Bank of Canada is leaving its benchmark interest rate unchanged as it tries to chart a course through global uncertainty. The central bank’s policy rate remains at 2.25 per cent today after its fifth consecutive hold. Bank of Canada governor Tiff Macklem says in prepared remarks that the economy was softer than expected in the first quarter of the year but global oil prices are also staying higher than first thought, which could keep the annual rate of inflation near three per cent for the next few months. The Bank of Canada can’t effectively respond to rising inflation and a weaker economy at the same time, so Macklem says leaving the policy rate unchanged balances those risks. The central bank sees a rebound in economic growth on the horizon but Macklem warns uncertainty is high around the war in Iran and US trade policy.
There have been consistent signs that the housing market is poised for a rebound. Russ Taylor has been tracking North American lumber markets for decades. The data, he said, keeps telling a different story. …”If things are unaffordable and there’s uncertainty and consumer confidence is weak, then nothing happens. People might be saving more money if they’re not spending it, but everyone’s worried about jobs and everything else, so they’re not spending.” The number Taylor keeps coming back to is lumber consumption. In 2016, the country consumed roughly 50 billion board feet. In 2025, the number was almost exactly the same. Ten years of demographic tailwinds, rising equity, and persistent housing shortage arguments, and consumption has not budged. …Housing starts have been declining every year since their 2021 peak, and Taylor expects 2026 to continue that trend. Repair and remodeling, which accounts for roughly 40% of US lumber consumption, has been similarly stagnant since the COVID period.
Three years ago, the Ontario Building Code required that any developer taking on a mid-rise wood-frame building had to construct stairwells out of non-combustible material. That was expensive. It made construction challenging, and, according to the 
Mississauga city staff are reviewing a proposal for a “wood recovery facility” and an associated office building near Winston Churchill Boulevard and Lakeshore Road near the Oakville border. Applications have been submitted to amend the official plan and zoning to permit the facility, which would recover wood material to be used as a fuel source, according to the city. …local councillor, Alvin Tedjo said the cement plant provides roughly a third of all the cement for the province but still uses coal, adding the proposed wood recovery plant would provide low-carbon fuels. “The idea is that this plant would then create and process the materials in order to be used in the cement process which would then significantly reduce the use of coal and actually is part of removing coal completely from the (cement) plant so that we can be fully coal-free in Mississauga,” Tedjo said in a June 4 interview.
The first eight wolves arrived through the Roosevelt Arch on the morning of 12 January 1995, in a horse trailer escorted by two park service patrol cars. The wolves had been live-trapped in three different packs in Jasper National Park and the surrounding wilderness of Alberta, Canada, weighed, fitted with radio collars, and flown south. Wyoming Farm Bureau Federation lawyers had obtained a stay from a federal appeals court before the plane landed, and the wolves spent the next several hours confined in their transport crates while the legal status of the project was resolved. The stay was lifted just after midnight. …What happened in the thirty years after 1995 has become one of the most-cited and most-contested case studies in contemporary ecology.
For two decades, Harold Larson helped battle wildfires across BC, Alberta, the US, often working shoulder-to-shoulder with structural firefighters. But at every one of those fires where he and his crew risked their safety alongside their municipal colleagues, there was one perplexing difference: According to the federal government, Mr. Larson was not classified as a firefighter at all. …It’s a holdover from wildland firefighting’s early decades, when the job wasn’t to protect homes, towns and lives – it was to protect timber values as part of the country’s forestry industry. …Canada’s wildland firefighters are seeking to join their municipal counterparts, a cause most recently championed by Vancouver Island MP Gord Johns. …As fire seasons continue to worsen, Mr. Larson said this only underscores the need for Ottawa to recognize that both structural and wildland firefighters are equally important when it comes to keeping people and communities safe. [to access the full story a Globe & Mail subscription is required]
Through the Forest Enhancement Society of BC, the Province is committing $20 million per year over three years. …This investment funds projects that reduce wildfire risk, restore forest ecosystems and improve the long-term health and resilience of B.C.’s forests. “The best wildfire is the one that never starts. The best way to protect communities is to work together to prevent them,” said Ravi Parmar, Minister of Forests. …This year, 60 forest enhancement projects are receiving funding. These projects not only reduce wildfire risk, they also support forest-sector jobs in rural and remote communities. The projects include creating landscape-level fuel breaks, removing residual fuels, carrying out prescribed burns, and making improvements to egress routes that are important in the event of an emergency or evacuation. …“These projects reflect the innovation and commitment we continue to see from proponents throughout BC,” said Jason Fisher, executive director, FESBC.
Mature and old-growth forests are vital for biodiversity, carbon storage, cultural traditions and economic activity. But in Alaska and British Columbia, these rich resources haven’t been reliably mapped, leaving much unknown about what land is protected. Now, University of Oregon researchers are leading a comprehensive mapping effort that sheds light on the location, makeup and conservation status of old-growth forests across the region. Their data show that more than 40% of mature and old growth forests in the study area are in places that lack permanent legislative protection. These forests also store the most carbon in the study area. …Old-growth forests in Alaska and British Columbia are protected through a range of land classifications, including national parks, national monuments and wilderness areas. But by far the greatest area of old-growth forest was found in “Inventoried Roadless Areas” in Alaska.
On the B.C. government website, you can read the following: “B.C. is a world leader in sustainable forest management”. …However, if you talk to BC forest ecologist Rachel Holt… or former B.C. Liberal MLA Mike Morris, you get a very different perspective. …The Council of Forest Industries says, “in BC. three to four tree seedlings are planted for every tree that is cut”. That does not solve the problem. In the last 40 years, the rate of cutting has sped up. That means there are many very young forests, not suitable for wildlife habitat and not suitable for logging. …Several groups in BC are pushing for less logging, protection of our remaining primary forests and more ecologically sound forestry practices. The down side? Large forestry companies make less profit. The upside? More jobs, healthy forests… fewer wild fires and fewer greenhouse gases.
Attend WPAC’s annual conference, September 22-23, 2026! This year’s theme, Building Canada Stronger: Navigating the Global Wood Pellet Transition, covers securing supply, resilient energy and next-gen bioenergy. Day 1, Tuesday, September 22, 2026, focuses on the global outlook, policy and supply foundations. …There are still sponsorship spots available for the conference—Canada’s largest gathering of our industry. This event brings together key decision-makers from across Canada and global markets, offering a unique opportunity to increase your visibility, connect with partners, and strengthen your position in the sector. It’s also an opportunity to support WPAC’s advocacy, safety initiatives and industry-wide technical leadership in Canada and around the world.