Daryl Swetlishoff, at Raymond James, said that wildfires are just one of the many headwinds Quebec’s lumber industry is facing. “Quebec has challenges in their forest industry… there’s a shortage of wood fibre,” he said, citing the recent “terrible fires” in the province. …Interfor announced that it’s exiting the Quebec sector to focus on other parts of its business in Canada and the U.S. Another challenge Interfor is the fallout from an ongoing trade dispute between Canada and the U.S. over softwood lumber duty charges. “In August we saw the duties roughly doubling to 15% for Canadian (companies), on average, shipping to the U.S., and that’s been a big factor along with just the low lumber pricing environment that we’ve seen,” he explained. “Duties are set to double again by our estimates in August 2025, so they’re going to be running on average at 30%. We think there’s more closures to come in Canada, and more closures to come specifically in B.C. and Quebec.” [If embedded video below doesn’t show on your browser, please click the Read More link for full access on BNN’s website]