Edmundston, NEW BRUNSWICK – Acadian Timber Corp. announced Malcolm Cockwell has been appointed Interim President & Chief Executive Officer, effective immediately. Mr. Cockwell succeeds Adam Sheparski, who has stepped down as President & Chief Executive Officer and as a Director of the Company to pursue other opportunities. “On behalf of the Board of Directors, I would like to thank Mr. Sheparski for his contributions to Acadian,” said Mr. Cockwell. “Looking ahead, Acadian will continue focusing on operational excellence within our existing timberland assets in New Brunswick and Maine.” Mr. Cockwell is a Registered Professional Forester, who has served as Chair of the Company since August 2019. He is the principal of Macer Forest Holdings Inc., the largest shareholder of Acadian, and holds a PhD in forestry from the University of Toronto.







The head of the New Brunswick Forest Products Commission was in front of a legislative committee Thursday, answering MLA’s questions about the state of the industry. The commission is a liaison of sorts between the provincial government, saw and pulp mills and wood marketing boards. Tim Fox acknowledged the Commission has been working to try and help the industry through challenging times, but he said everyone has to work together. “There’s obviously our sawmills who are impacted by the tariff situation and that has spilled over into the private woodlot sector as well,” he said after the meeting. …Private producers have recently expressed frustration over how little support there’s been for woodlot owners to help them through the ongoing U.S. tariff situation. Countervailing and anti-dumping duties on softwood are almost a decade old, but U.S. President Donald Trump added another 10 per cent in the fall, bringing tariff totals to 45 per cent.


The unravelling of our trade relationship with the US compels us to act decisively. The chaotic diplomacy of the Trump Administration should encourage Canada to build up economic capacity where Canadians possess both agency and an existing industrial base to rely upon. This capacity‑building goal dovetails with the inherent purpose of the Sustainable Jobs Action Plan (SJAP). …Acting on these priorities, industry can direct its capital and follow its own strategic objectives, but it will do so in an environment that better reflects Canada’s long‑term economic goals. The SJAP can play a pivotal role. …One can look to the forestry sector. …Forestry faces an existential crisis from the 45% U.S. duties and tariffs imposed on Canadian lumber. …However, the sector also holds immense potential for manufacturing a variety of high value‑added products while also being a renewable resource key to decarbonizing construction.
KENORA — Ontario New Democrats and union leaders say government should find ways to keep mills in Ear Falls, Ignace and elsewhere open, but with more worker involvement. “The bottom line is that when things are run on the corporate bottom lines only, communities get left behind, workers lose jobs, profits go out and the problems stay in the community,” said Luke Hildebrand, president of the NDP’s Kenora–Rainy River constituency association. “So the only long-term solution is workers having a stake in the future and not just a paycheque.” Hildebrand noted a petition calling on governments to “take immediate action to reopen the Ear Falls sawmill and stop the shutdown of Ignace sawmill” has gathered about 300 signatures. It also calls for establishment of a “forestry job protection task force,” development of “a unified provincial–federal strategy to ensure that Canadian lumber is used in Canadian homes” and support for worker equity in mills.



EDMUNDSTON, New Brunswick – Acadian Timber reported financial and operating results for the three months ended December 31, 2025 as well as for the full 2025 fiscal year. “While 2025 brought a multitude of challenges, Acadian delivered steady operational performance in New Brunswick, helping to offset weather-related challenges, trucking constraints, and productivity issues in Maine,” said Adam Sheparski, President and Chief Executive Officer. …During the fourth quarter, Acadian generated sales of $22.0 million compared to $20.2 million in the fourth quarter of 2024. Acadian generated $5.2 million of Adjusted EBITDA and declared dividends of $5.3 million. During 2025, Acadian generated revenue from timber sales and services of $87.0 million, compared to $91.6 million in the prior year. The sale of 752,100 voluntary carbon credits contributed an additional $24.6 million to total sales in 2024 while no sales of carbon credits occurred in 2025. 


QUEBEC — A group of First Nations chiefs has filed a lawsuit claiming Aboriginal title over three large tracts of land. They say it’s to have more control over forestry but the implications go much further. For months, First Nations land defenders have been disrupting the logging industry on their traditional lands. It started in protest of Bill 97, the controversial forestry reform bill that Quebec scrapped in September. Nitassinan hereditary chief Dave Petiquay says the group of hereditary chiefs — from the Haute-Mauricie and Saguenay–Lac-Saint-Jean regions want the power to decide who can log on their lands and where. Lawyer Frédéric Bérard argues the Canadian constitution gives them that right. …The lawyer says, if successful, the suit would have repercussions for hereditary chiefs across the country and could impact future major infrastructure projects. The chiefs say they are willing to go all the way to the Supreme Court of Canada.
Montreal — An activist group calling itself Les Robins des ruelles has followed its recent Robin Hood-style grocery store heists in Montreal with a claim to have sabotaged planned logging operations in a forest in the Mauricie region. …Translated as the Robins of the Alleyways, the group’s name is intended to evoke the legendary English folk hero who robbed from the rich to give to the poor. The group says on social media that although it delivered the booty to community kitchens and low-cost housing complexes, the grocery heists were political statements against the current economic order. …The latest such move by the group seems to be an action intended to discourage logging in some old-growth forests of Mékinac, in the Mauricie region. In a statement … the Robins say they have “armed the forest by driving steel bars through the trees on the site.” …The president of Forex Langlois Inc., said he is taking the sabotage claims “very seriously” 

NEW BRUNSWICK — J.D. Irving approached a number of municipalities last fall, asking them to support its request to be able to log 32,000 hectares of protected areas on its Crown timber licence in exchange for conserving forest near those communities. At least nine municipalities signed a letter asking that Natural Resources Minister John Herron “give equal weight to the social and economic interests of local governments when seeking to balance the interests of multiple stakeholders across New Brunswick.” …Conservation groups, including the Conservation Council of New Brunswick, said the proposal is extremely concerning. Roberta Clowater questioned why protected areas would be treated as “a wood bank for industry.” …The proposal is in response to the government’s promise to increase conservation lands from 10% to 15% of the province’s landmass. That would mean protecting an additional 360,000 hectares, which the province hopes to source from a mixture of Crown and private land.




Strategically planting trees along the northern edge of Canada’s boreal forest could remove multiple gigatonnes of carbon dioxide from the atmosphere by the end of the century, according to a new study led by researchers at the University of Waterloo. The research, published in
The Quebec government says it’s pushing back its greenhouse gas reduction target by five years to protect the economy and jobs. Environment Minister Bernard Drainville announced today that the government will not meet its goal of reducing emissions by 37.5 per cent below 1990 levels by 2030. This target has now been set for 2035— a timeline the government describes as ambitious yet realistic. Drainville says in a news release that Quebec has reduced its greenhouse gas emissions by approximately 20 per cent since 1990. He says achieving the other half of the target in just five years would risk economic damage at a time of uncertainty and tariff threats from the US. In response, environment group Equiterre says the government is letting young Quebecers down.