The Forest Products Association of Canada (FPAC) released a new national research report, titled Canada’s Forest Economy: An Analysis of the National Supply Chain and Community Investment Impact, which underscores the forest sector’s vital contributions to Canada’s economy, rural development, and urban sustainability. Produced with the expertise of iTOTEM Analytics and in partnership with BC Council of Forest Industries (COFI) – the report highlights how 19 leading forest products companies in Canada are sustaining a network of 30,000 vendors spanning approximately 1,595 municipalities nationwide.
Together, these partnerships generated $14.9 billion in supply chain expenditures in 2022 alone, demonstrating a compound annual growth rate of 9.5% since 2020. In alignment with the First Nations Major Projects Coalition Conference Valuing Reconciliation in Global Markets happening this week, the forestry sector is deeply invested in partnering with Indigenous communities across the country and learning more on how reconciliation strengthens both commercial success & project sustainability.
“The forest products sector touches every corner of Canada,” said FPAC President and CEO Derek Nighbor. …Beyond supply chain expenditures, the study also revealed that between 2020 and 2022, the forest sector made $39.2 million in community investments – supporting over 2,000 organizations across 380 communities with funding for health, education, public amenities, and Indigenous initiatives. “As our sector continues to evolve, this research helps shine a light on the outsized and interconnected role that Canada’s forest sector, along with our commitment to growing the economy and building strong partnerships across rural and urban communities alike, plays in Canada’s national economy,” added Nighbor.
Statistics Canada says the Canadian economy shrunk in the month of February, but declines might not last long, as early signs for March point to moderate GDP growth. The agency says real gross domestic product decreased 0.2% in February. This follows previous growth in the month of January of 0.4% overall. While goods-producing industries pulled the economy up in January, Statistics Canada says it saw a decline of 0.6% overall for February. …Statistics Canada says 12 of the country’s 20 industrial sectors saw declines in February. But the manufacturing sector bucked the trend — that industry saw a 0.6% rise in February. …Advanced information from Statistics Canada indicates that real GDP increased by 0.1 per cent last month. The agency says the annualized growth rate for the first quarter of 2025 based on the March flash estimate is 1.5 per cent.
With the Southern Interior’s hottest months just around the corner, FortisBC is putting important safety measures into place to help protect communities and its electricity system against wildfires, which includes adding extra precautions that could result in power outages. To further enhance its wildfire safety practices, FortisBC has introduced a Public Safety Power Shutoff (PSPS) policy, a new precautionary measure where electricity is proactively shut off in selected areas in advance of extreme weather. FortisBC is advising its customers to be prepared for these potential outages that help reduce potential ignition sources. …According to FortisBC, customers should always be prepared to be without electricity for at least 72 hours, especially during wildfire season.
More than 80 per cent of the critical habitat for at-risk species in B.C. fails to meet federal protection standards, according to a government briefing document. The 
After we marked Earth Day last week, the significance of forests for conservation, community benefits and human health has never been more urgent to acknowledge. Forests play many critical roles for nature and people: they provide habitat for hundreds of species, act as water filters, reduce air pollution, and are places of community connection, recreation and refuge. However, many pressures, including severe storms and wildfires, invasive alien species and habitat loss threaten these ecosystems, the benefits they provide and the relationships they support. …The economic value of our forests is just as vital as their ecological importance. According to the Forest Products Association of Canada, more than 200,000 Canadians earn their livelihood directly from forestry, sustainable agriculture and eco-tourism, contributing an impressive $87 billion in annual revenue. …The call is clear: safeguarding Canada’s forests means safeguarding ourselves. Our natural resiliency, our economic prosperity and our health require us to do our part. 
…As northern B.C. sawmills have closed over the past few years, a common refrain has been in each company press release. Punishing tariffs, high log costs, lack of access to B.C.’s plentiful timber and uncertainty in permitting processes… Is this the opening we need to dispense with the notion we need to begin turning B.C. into one big park for the world to enjoy? …Although B.C. has lost many of our lumber manufacturing facilities, our main ingredients are still here – our forests, its trees and a workforce, which when combined, provides for some of the best quality forest products in the world. Despite the economic hit our rural communities and residents have sustained with the loss of our forest industry, it is only a temporary setback, if we treat it as such, and do not let our governments succumb to the “end the forest industry” ideology that is so prevalent today.
The 
The BC government says it will only meet half of its 2030 target to lower greenhouse gas emissions. In an annual 
VANCOUVER, BC — Svante Technologies, a leader in carbon capture and removal technology, announced that its joint carbon capture and storage project with Mercer International has advanced to the Front-end Engineering and Design Phase 2 (FEL-2). Also known as Pre-FEED, this phase involves engineering, cost estimation, and risk analysis to evaluate the project’s commercial viability. …The carbon capture project targets biogenic CO2 emissions from Mercer’s Peace River pulp mill, where the biomass is sourced from sustainably managed forests. Advancing to the Pre-FEED stage will support further development of the integrated design, cost estimates, and risk assessments—key steps toward a final investment decision and potential implementation. …Utilizing a Novel Carbon Capture Technology for Commercial Deployment, Svante’s second-generation capture technology maximizes low-grade waste heat from pulp mills, reducing energy consumption and increasing cost-effectiveness.
