While Canada’s economy is far more reliant on exports to the US than vice versa, Canadian negotiators have crucial ammunition in their efforts to land a trade deal that reduces or eliminates tariffs imposed by US President Trump. …Canada’s attempts to negotiate relief from Trump’s tariffs on such exports as steel, aluminum, automobiles and softwood lumber are now wrapped into fresh talks on renewing the Canada-US-Mexico Agreement (CUSMA). …Barry Appleton, says Canada needs to shift its strategy by exerting its leverage as a crucial U.S. customer. …Inu Manak, says the US needs Canadian natural resources to achieve the industrial policy goals set out by the US administration. …Canada is among the top sources of foreign direct investment in the U.S., largely as a result of decisions by pension funds. …The US has repeatedly emphasized the importance of steady access to a reliable supply of critical minerals.

WASHINGTON — Every day more than $4 billion worth of goods cross the United States’ borders with Canada and Mexico. …Much of this bustling cross-border commerce is duty-free, thanks to the US-Mexico-Canada Agreement, or USMCA, that President Trump negotiated with America’s northern and southern neighbors during his first term. But the future of the USMCA , which took effect July 1, 2020, is cloudy as the three countries begin what could be a tempestuous attempt to renew the pact this year. The United States is demanding changes to the treaty. …Trump also suggested last fall that the United States could negotiate separate deals with Canada and Mexico, ending the three-country North American bloc that previous administrations saw as crucial to competing economically with China and the European Union. The talks kick off Monday between US and Mexican trade officials. …At stake is $1.6 trillion worth of annual trade in goods.
USW members voted overwhelmingly this winter to ratify a new four-year master agreement that provides significant annual wage increases and additional benefits for about 2,400 members of nine local unions at Domtar paper facilities across the United States. The contract, which runs through December 2029, followed months of member preparations and bargaining during a period of major changes in the company and across the paper industry. It was the first time USW members bargained a new agreement since Paper Excellence acquired Domtar in 2021 and then Resolute in 2023. …“With new ownership and leadership at the table, we knew this round of bargaining would be challenging,” said International Vice President Luis Mendoza, who oversees the union’s paper sector. …The agreement… included a signing bonus, a boost in pension payments, wage increases of more than 12% over the life of the contract, and continued affordable health care coverage.
If you want to understand why the American starter home seems to have gone extinct, don’t look at greedy developers, rapacious investors or discriminating banks. Look at the government policies that make building these homes all but impossible. New research puts hard numbers on one part of the problem — and they’re staggering. …Federal, state and local governments have accelerated this decline by increasing construction costs through several channels. …In some cities, such as Los Angeles, the time it takes to get building permits amounts to almost half the construction time. …Land in many localities is made artificially expensive by regulations that dictate home sizes, yard sizes, building setbacks, parking and more. …Federal policies pile on more costs. …Canadian lumber, for example, is roughly 80% of all US imports and is currently subject to “trade remedy” taxes of more than 25%. Similar duties cover a wide range of products that US homebuilders use every day.

METCALFE, Georgia — Plantation Pine Products officially opened their doors at the former site of Hood Industries, signaling an exciting new chapter in a timber mill with a storied history. …The $25 million investment is set to provide 100 jobs, with the first mill employees reporting for duty in July, when it will once again come alive. Operated by Steve Conner, Plantation Pine Products will be one of the many “bread and butter businesses” of Thomasville. …“Forestry is woven into the fabric of rural Georgia in a way that no other industry can match,” Michelle Shaw said for the Georgia Department of Economic Development. …The reopening of the mill comes at a crucial time following the devastation of Hurricane Helene in 2025 and reinforces the resiliency of timber producers across Georgia.
Mercer posted Q4 earnings per share (EPS) of -$4.61 against a consensus estimate of -$0.83, a miss that signals the commodity cycle has gone from painful to existential. The headline driver was a $238.7 million non-cash impairment charge, including a $203.5 million write-down on its Peace River hardwood pulp mill. …International Paper’s Q3 2025 losses look alarming on the surface, with a $1.01 billion impairment on its Global Cellulose Fibers business and $675 million in accelerated depreciation from mill closures. But adjusted EBITDA came in at $859 million, up 28% sequentially. IP is taking pain by choice. Mercer is absorbing pain it cannot control. …IP’s pivot to pure-play global packaging via DS Smith gives it pricing leverage and diversified end markets. Mercer’s mass timber order book, at roughly $163 million in contracts including data center projects, is a genuine bright spot, but it cannot offset a pulp business bleeding cash.
Lumber futures climbed past $600 per thousand board feet as stabilizing housing sentiment and tightening production capacity across North America reversed a two month downward trend. The NAHB Housing Market Index edged up to 38 in March with buyer traffic and future sales expectations showing marginal gains despite persistent economic uncertainty. While 37% of builders continue to offer price cuts to attract buyers the market is finding support from a 29.1% surge in multifamily housing starts and a 7.2% rise in total residential construction activity. On the supply side mill closures and elevated duties on Canadian imports are projected to remove over 1.3 billion board feet from the market this year. Geopolitical tensions in the Middle East further pressure the outlook as rising energy costs inflate transport and shipping expenses for global timber. These factors suggest a shift toward a supply constrained environment that offsets the impact of high mortgage rates.
Lumber increased to 602.00 USD/1000 board feet, the highest since February 2026. Over the past 4 weeks, Lumber gained 1.1%, and in the last 12 months, it decreased 9.51%.

WASHINGTON — Federal Reserve officials, convening in a wartime setting that began less than three weeks ago, are expected to hold interest rates steady on Wednesday even as a fresh jump in oil prices and data showing a rise in some aspects of inflation even before the start of the war with Iran may prompt them to recast the outlook for the U.S. economy, inflation and monetary policy. New projections to be released by the U.S. central bank at 2 p.m. EDT (1800 GMT) will show how policymakers assess the economic impact of President Donald Trump’s decision to launch an open-ended conflict in the Middle East, but the environment remained volatile even as they began the second day of their latest two-day policy meeting. …US producer prices rose in February by 3.4% on a year-over-year basis. Rising producer prices can feed into retail costs and signal higher future inflation.



OLYMPIA, WA — A new Washington state law aimed at expanding affordable housing options will make it easier to build small “kit homes” and backyard units across the state. Gov. Bob Ferguson signed Engrossed Substitute Senate Bill 5552 into law, following four years of work by Sen. Jeff Wilson. The measure directs the Washington State Building Code Council to develop rules specifically for kit homes under 800 square feet. Supporters say the legislation is intended to help address Washington’s housing shortage by reducing costs and simplifying the construction process for smaller homes. Wilson said standardized kit-home designs could allow plans to be approved once at the state level rather than requiring separate design reviews for each project. Kit homes typically include precut lumber delivered as a package that can be assembled on site. Modern versions often use prefabricated wall and roof panels to speed construction, and start at less than $10,000.
Vermonters are weighing the impacts of a federal bill — the
The invasive spotted lanternfly, which can cause damage to many plants, has been detected in a few Tennessee counties. …The adult female spotted lanternfly lays egg masses in September through November on host plants and other smooth surfaces, such as railroad ties, rocks, lumber, downed limbs and logs. Egg masses survive cold winter temperatures, and the first instar nymphs begin emerging in the spring. The nymphs mature through the spring and early summer before becoming adults in the beginning of June. The first, second and third instars feed on a variety of host plants. The fourth instars and adults prefer tree of heaven, grapes, black walnut, silver maple, red maple and willow. …“The best way to control spotted lanternfly outbreaks is to prevent them,” said Midhula Gireesh, University of Tennessee Extension specialist in the Department of Entomology and Plant Pathology. For more, refer to the UT Extension publication
A federal judge in Alaska
OREGON —
From the moment he became BC’s forests minister, Ravi Parmar has been under pressure to increase logging rates in the province. One way he has decided to do that is by expediting the logging of forests burned in recent wildfires. He issued the Fort Nelson First Nation a new licence to log 100,000 cubic metres of trees in burned forests in BC’s remote northeast corner. …A number of industry associations, including the Council of Forest Industries, asked him to set “definitive, aggressive timelines for completion” of plans to accelerate logging in burned forests. …But increasing “wildfire salvage” of forests, Parmar is travelling down the same road that has seen BC’s logging rates plummet by more than half since the heyday of the 1980s. …Accelerated logging of burned trees may help bend the curve, but history shows that it is short-lived and comes at the cost of degraded ecosystems and even sharper declines ahead.
Montana and the U.S. Forest Service announced last week they were moving ahead on a shared agreement between the two to do forestry work in large swathes of the state. Last summer, the state and Forest Service signed an agreement formalizing closer cooperation between federal forest management operations and the state Department of Natural Resources and Conservation. That came about two months after a Trump Administration executive order seeking to increase domestic timber production. On Friday, Gov. Greg Gianforte, DNRC Director Amanda Kaster and U.S. Forest Service Chief Tom Schultz said that two large areas have been selected for state and federal work. The focus of the work will be on approximately 213,910 acres in the Flathead and Kootenai National Forests and 200,000 acres within the Bitterroot National Forest. The project areas were selected due to wildfire risk and how close they are to being implemented.
Dismantling environmental protections is in vogue, even those enhancing safety and economic prosperity. But California is bucking the trend and now on the verge of modernizing how its 14 Demonstration State Forests are managed. Cal Fire manages these public lands, which span 85,000 acres and 10 counties. Redwoods and other trees are routinely logged to pay for operations, according to a 1947 law that mandates “maximum sustained yield” – that’s simply a euphemism for removing as much lumber as possible without shrinking the forest. This extractive agribusiness model prioritizes revenues, often contrary to the goals of demonstration, recreation and forward-looking research. …In February, Assemblyman Chris Rogers, a Democrat from Santa Rosa, introduced AB 2494, sponsored by the Environmental Protection Information Center, to modernize and align forestry management with the state’s broader goals. The new science-based approach prioritizes restoration and tribal co-management. It decouples funding from timber operations, financing it instead through an existing lumber tax.
In 2002, Crater Lake National Park ecologist Michael Murray thought the park’s majestic whitebark pine trees were as good as gone. An invasive fungus called white pine blister rust was killing the trees around the crater of the lake. …It was accidentally introduced to the U.S. in a shipment of infected nursery trees from Europe around 1900. Since then, it’s wiped out millions of whitebark pine trees and threatened the survival of the species. But Oregon scientist Richard Sniezko, a geneticist with the U.S. Forest Service, said some whitebark pine trees have natural resistance to the blister rust disease. …Murray took this science with him to his current job as forest pathologist for 
ANCHORAGE, Alaska – A federal judge has dismissed a lawsuit brought by timber industry groups and operators seeking to force increased old-growth logging in the Tongass National Forest, ruling the industry groups had no valid legal claim. U.S. District Judge Sharon L. Gleason granted the U.S. Department of Agriculture and U.S. Forest Service’s motion to dismiss and directed the clerk to enter final judgment for the federal defendants. “This ruling is a big victory for the Tongass’ old-growth forests. I’m relieved the court squarely rejected the logging industry’s rash attempt to force large-scale logging,” said Marlee Goska, Alaska attorney at the Center for Biological Diversity in a statement. “We need to leave the Tongass standing for the sake of wildlife, climate and local communities.” The case centered on how the Forest Service manages timber sales in the Tongass, the nation’s largest national forest and the world’s largest temperate old-growth rainforest.
Years after logging at his Mariaville woodlot, Bob Seymour expected to see new hardwood trees growing in the understory. In fact, he took it as a given after decades in the Maine woods that natural regrowth would crop up. Instead, almost all of the young trees in some sections are eastern white pines he had planted. He believes that’s largely because deer populations are growing and eating more hardwood saplings, which means fewer trees and less diversity in the future. …It’s one of the most concerning changes that Seymour, a retired UMaine silviculture professor, has seen in almost five decades of experience researching forest management. …Such challenges to understanding and managing the Maine woods have grown in recent years amid climate change, which has brought destructive new pests, fast-moving diseases, invasive plants that take over, and warmer winters that change growing, harvesting and wildlife conditions.
WASHINGTON — The Carbon Business Council announced the launch of the Direct Storage of Biomass (DSB) Coalition, a new industry working group bringing together leading companies to advance understanding, credibility, and responsible deployment of direct biomass storage as a carbon dioxide removal (CDR) pathway. Direct storage of biomass, also referred to as terrestrial storage of biomass, involves durably storing organic material such as waste wood from forests, agricultural residues like corn stover, biochar, or other plant and biological matter. Storing these organic residues allow the carbon previously absorbed by the biomass to be durably locked out of the active carbon cycle. The biomass can be safely buried, stored deep underground in sealed reservoirs, wells or other containers. DSB can deliver durable atmospheric carbon removal while leveraging existing forestry, agricultural, and biomass-handling infrastructure. …The DSB Coalition is part of the Carbon Business Council’s broader initiative to scale carbon removal across air, land, rock, and water.
President Trump has invited farmers and biofuels producers to the White House for a big event next week as the industry awaits the government’s announcement on mandates for the fuel additives. The “celebration of agriculture” event is scheduled for March 27. The invitation said: “Later this month, following National Agriculture Week, President Trump plans to host hundreds of farmers and ranchers from around the country on the South Lawn to shine a spotlight on the men and women growing our food, fiber, and fuel.” The US Environmental Protection Agency’s decision on biofuels is expected around the end of March. The renewable volume obligations, or RVOs, mandate how much biofuel, such as corn-based ethanol and biodiesel, must be blended into the nation’s fuel supply. Next week’s meeting could have an impact on the markets amid speculation on the RVO decision coming later this month.