The Forest Products Association of Canada responded to the federal government’s announcement to support and retool our forest sector to ensure it remains a pillar of national strength and prosperity. The Minister of Energy and Natural Resources, launched a national Calls for Proposals under Natural Resources Canada’s forest sector transformation programs, supported by a $500-million commitment. Eligible businesses and organizations can now apply for funding through:
- The Investments in Forest Industry Transformation program
- The Green Construction Through Wood program
- The Indigenous Forestry Initiative
- The Global Forest Leadership Program
“In a world where trade is getting more volatile, Canada has to focus on what we can actually control right here at home. These programs will help innovate our lumber and pulp and paper members’ operations. The forest products sector provides the building blocks for our country – from the lumber for our houses to the renewable energy we need to be self-reliant.” Derek Nighbor, FPAC President and CEO.
- Additional coverage: Video of the announcement can be watched on CPAC: Federal Government Announces Measures for Forest Sector
US President Trump’s point man on trade talks says Canada needs to accept that tariffs will be a part of any deal with the administration, including renewal of the Canada-US-Mexico Agreement (CUSMA). In interviews after Trump’s state of the union address, US trade representative Jamieson Greer suggested Canada can’t expect to land a trade agreement that is free of tariffs. …”If Canada wants to agree that we can have some level of higher tariff on them while they open up their markets to us on things like dairy and other things, then that’s a helpful conversation.” It’s the clearest signal yet from the Trump administration that it’s aiming for a fundamental rewrite of the free-trade deals that have existed since NAFTA took effect in 1994. …He also criticized Canada for failing to agree to US requests to back off from “practices that we think are unfair”.
President Donald Trump announced a temporary import duty under Section 122 of the Trade Act of 1974, shortly after the US Supreme Court struck down his tariffs imposed under the International Emergency Economic Powers Act. The Section 122 surcharge is scheduled to take effect February 24 and remain in place for up to 150 days. Under the proclamation, Section 122 duties do not apply to goods that are subject to Section 232 of the Trade Expansion Act of 1962 or that are USMCA compliant. The implications for wood products are as follows:
Delaware – President Trump’s announcement of a 15% tariff following last week’s Supreme Court ruling has created uncertainty in financial markets. While some retailers and consumer companies may benefit from reduced trade barriers, domestic lumber and packaging firms face increased competition from cheaper imports. …On Monday, domestic lumber companies saw their stock prices drop amid concerns that cheaper foreign imports could undercut their pricing power. The court’s tariff decision threatens to erode the competitive advantage that domestic packaging and lumber businesses previously held against lower-cost foreign competitors, industry analysts warn. RBC analysts identified potential negative consequences for companies including Clearwater Paper, Rayonier, Sylvamo, and Smurfit WestRock. A recent industry survey revealed that most U.S. purchasers reported declining containerboard prices in February, as increased European imports expanded supply and created additional pricing pressures. Monday trading saw Smurfit and domestic competitor International Paper decline by 7% and 6%, respectively.
US President Donald Trump just lost his biggest emergency tariff weapon at the US Supreme Court – but for Canadian exporters and long‑term investors, the real story is that the pressure has shifted to narrower, more strategic sectors that matter for jobs, growth and returns. …Trump reacted by promising new tariffs through other statutes. …Section 232 now defines Canada’s real exposure. …Softwood timber and lumber: 10 percent tariffs imposed last October, alongside US countervailing and anti‑dumping duties on Canadian lumber that the Commerce Department increased from 14.5 percent to 35 percent earlier this year. …Upholstered wooden furniture, cabinets and vanities: 25 percent tariffs since last October; a planned increase in January was paused. …Dominic LeBlanc, Canada’s minister for US–Canadian trade relations, told CBC News that “what’s hurting the Canadian economy are the sectoral tariffs under a different American law,” and said this “reminds us again of the importance of diversifying our trading relationships.” 
Join Bryan Yu, Chief Economist at Central 1 Credit Union, for a clear-eyed keynote on the economic forces shaping the year ahead. In his presentation, 2026 Macroeconomic Outlook he will examine trade uncertainty, global competition, and pressure at home. What’s ahead for BC and Canada’s economy? Hear what the outlook means for BC’s forest sector and the strategic decisions leaders will face in a rapidly changing economy. Mark your calendar for April 8 – 10, and register before March 6 to take advantage of Early Bird discounts.
Raw logs were being loaded for export at the shuttered Crofton pulp mill – just weeks after hundreds of local workers were laid off over a lack of wood fibre, and as about 120 sidelined Chemainus sawmill employees brace for their EI benefits to run dry. “I don’t want a handout, I want a job,” said Brian Bull, who was laid off from Western Forest Products’ Chemainus sawmill. …North Cowichan’s mayor says repeated appeals to federal officials to grant workers the additional 20 weeks of EI benefits promised by the Prime Minister in the summer of 2025 have gone unanswered. “There’s about 120 workers impacted at the Chemainus sawmill. The majority are set to lose their EI benefits next month. …So laid-off Chemainus sawmill workers are urging the provincial government to stop raw log exports. Elzinga said he fears their the Chemainus sawmill may never re-open, due a lack of fibre supply.
The Ontario Forest Industries Association is looking forward to welcoming you to our 83rd Annual Convention at One King West Hotel & Residence in Toronto, April 28 – 29, 2026. We are planning another high-impact event, and we want to ensure your visit is as smooth and enjoyable as possible. If you have not registered for the event, do so as soon as possible as limited spots remain. If you haven’t yet secured accommodations, we encourage you to do so as soon as possible. There are options at the One King West Hotel as well as several hotels within a short walking distance of One King West. The OFIA is a trade association representing Ontario’s sustainable forest industry and serves as a unified voice for forest products companies across the province — from timber producers to wood manufacturers — advocating on policy, market access, sustainability, and economic development issues. The Annual Convention is our flagship event, intended to bring together industry leaders, members, and stakeholders for networking, education, discussion, and celebration.
The Quebec government says it will hold a “mini-reform” of the province’s forest regime to provide relief for sawmills and other businesses pressured by cumulative U.S. tariffs. Jean-François Simard, Quebec’s minister of natural resources and forests, said that the changes aim to prevent plant closures and job losses which have surged in recent months. Simard said in a statement on Tuesday that 60,000 jobs are at risk. Quebec’s forestry and logging industry is the second largest in Canada in terms of employment, according to Statistics Canada. The forest regime dictates how Quebec’s forests are managed and harvested. The announcement comes days after a group of Indigenous land guardians and First Nations hereditary chiefs filed a lawsuit seeking formal recognition of their rights over a vast stretch of Quebec. Their legal challenge aims to curb industrial logging and ensure the protection of their traditional way of life.
Lumber futures fell toward $550 per thousand board feet, marking a six-week low, as a stagnant North American housing sector failed to absorb heavy seasonal inventories. Demand weakened as January data showed a 7% year over year drop in single family starts and an 8.4% decline in units under construction. High 6.25% mortgage rates and a 5.8% slump in Canadian home sales during January 2026 further stalled new project starts. On the supply side, regional inventory remained bloated. While BC curtailments continued harsh winter storms in the US South halted jobsite activity more than mill output, creating a distributor logjam and forcing aggressive dealer discounting to clear yard space. Additionally, while Trump’s administration 45% softwood duties were meant to buoy prices they instead stifled demand by adding nearly $17,500 to average home costs. This eroded the builder confidence needed to clear current supply.
The strong momentum and bull run of basic materials carried over into 2026 and appears poised to be the TSX’s top-performing sector for the second consecutive year. While mining heavyweights continue to lead the surge, lumber stocks are delivering market-beating returns. Stella-Jones, Canfor Corporation, and Doman Building Materials are worth watching right now. These companies offer operational leverage and have maintained resilience amid persistent price volatility and trade restrictions.
Prices of products manufactured in Canada, as measured by the Industrial Product Price Index (
It could take anywhere from six months to a year before a coalition of area First Nations can start logging following a timber acquisition deal made with the provincial government in January during a natural resources forum in Prince George. The wood, amounting to 1 million cubic metres, comes from a licence held by Canfor and was timber that the company was not logging itself. Called an ‘undercut’ because it amounts to less than what Canfor could cut, the timber will now be converted into a licence held by a coalition of Wet’suwet’en Hereditary Chiefs, the Witset First Nation, the Lake Babine Nation, and the Wet’suwet’en First Nation. When logging does start, the new licence will call for logging of 200,000 cubic metres a year for five years. Through regulations, an undercut can be transferred by the forests ministry from one entity to another.
PRINCE GEORGE – British Columbia’s Forests Minister Ravi Parmar has announced that changes to BC Timber Sales are beginning to yield positive results, particularly in the Prince George area. The province aims to boost job creation, support local mills, and enhance forest health through this updated approach. Following a 2021 review of BC Timber Sales, several recommendations were made, and since then, the province has reported an increase in timber sales across British Columbia. This includes the recent auction of two new commercial thinning sales in the Prince George area, marking a significant achievement for the region.
The mood was jubilant at Mount Washington Alpine Resort on Vancouver Island after a weekend storm saw 108 centimetres of snow blanket the resort. The snow was a welcome reprieve from the warm and wet weather that started the season… A 
Nearly 40 Indigenous land guardians, alongside hereditary and traditional chiefs, have filed a lawsuit seeking formal recognition of their rights over a vast stretch of Quebec. Their legal challenge aims to curb industrial logging and ensure the protection of their traditional way of life. The application, filed in Quebec Superior Court last week, covers a territory spanning between the St. Lawrence River, the Saint-Maurice River valley and the forested areas of northern Mauricie, according to the document. The plaintiffs are specifically asking the court to declare all supply guarantees and intervention permits granted to forestry companies null and void. This legal move follows a summer of tensions marked by numerous blockades across the ancestral lands of several Indigenous nations. These actions were spearheaded by MAMU First Nation — a collective of land guardians from the Atikamekw and Innu nations — to protest a proposed overhaul of the province’s forestry regime.
COWICHAN BAY, BC — Simon Fraser University researchers have uncovered concerning fibreglass contamination in a key estuary on Vancouver Island, raising concerns about how an as-yet overlooked contaminant could affect aquatic birds, marine life and coastal communities that rely on shellfish and seafood. A 