Donald Trump’s threat of a 25% across the board tariff would have a devastating impact on private timberland and sawmill owners in Canada, say the Canadian Forest Owners, which is appealing to federal and provincial governments for some shielding. “They would be extremely harmful to many of our members,” said Andrew de Vries, CEO of the Canadian Forest Owners. “We’re already on the ropes as the mills struggle with regulatory compliance in different areas and access to harvest.” …There 450,000 private forest landowners across Canada, including 22,500 small woodlots owners in B.C., de Vries said. Many own and operate small sawmills, and a big chunk of their market is the U.S. Overall, private ownership accounts for only 10% of Canada’s working forest land base, but provides 20% of Canada’s timber supply. …“We’re a small percentage of the land base, but we’re a critical part of the wood supply.”
In B.C., most of the privately owned timberlands are on Vancouver Island. Mosaic Forest Management is the largest owner-operator of private forests. Manulife also owns private forest land in B.C., de Vries said. Some First Nations in B.C. could also be considered private timberland owners, including treaty forest lands. Private forest landowners are subject to current softwood lumbers duties, despite the fact those duties are premised on the argument that Canada’s Crown ownership constitutes an unfair government subsidy of sorts. “Our view is that private forestland managers in Canada operate under the same conditions as private forest land managers in the United States,” de Vries said. But ownership may be irrelevant for Trump’s tariffs. If it’s made in Canada, it would be hit with tariffs, regardless of whether it comes from private or Crown lands.
Press release from Canadian Forest Owners: US Tariffs will harm Canada’s 450,000 forest owners
As industries increasingly adopt sustainability considerations across their value chains, the importance of environmental product declarations (EPD) cannot be overstated. By systematically assessing the environmental impacts of a product from cradle to grave, businesses can gain valuable insight into their supply chain, pinpoint areas for improvement, and make informed strategic decisions that align with both regulatory requirements and customer expectations. As stakeholders increasingly demand accountability and verifiable environmental performance, embracing EPDs becomes a cornerstone of a forward-thinking and resilient sustainability strategy.
Quebec’s premier is raising concerns about the potential impact of the tariff proposed by US president-elect on the province’s forest industry. In a statement posted to social media on Sunday, François Legault said high interest rates and existing duties on softwood lumber were already putting pressure on the sector, which he said accounts for more than 50,000 jobs in Quebec. “It will be important to protect our economy and our businesses in the coming months, and we are already working on our strategy with the relevant ministers within the government,” he wrote in French. “I have great admiration for all the workers in our forestry industry, whether they are in logging, transportation, sawmills or reforestation.” Legault’s comments echo those of BC Premier David Eby. …“Even before Mr. Trump’s announcement, we were working to support a Quebec industry that is already affected by tariffs in the US: the forestry industry,” Legault said.
RIDDLE, Oregon — Roseburg Forest Products laid off approximately 2.5% of its workforce across all North American locations early last month, while 120 positions are slated to be filled at Oregon facilities through 2026. “As we near the end of 2024, soft demand for wood products and broad-based pricing pressure continue to be a drag on our industry,” said Roseburg Forest Products spokesperson Sarah Smith in an email. “Looking into 2025, we do not expect near-term recovery in demand, and as a result, we are positioning to weather another challenging year.” Roseburg Forest Products manages 600,000 acres of timberland in Oregon, Virginia and North Carolina, according to the company website. Through the harvest of these timberlands, Roseburg Forest Products offers a variety of wood products including plywood, fiberboard and laminate products. …Smith said the move to eliminate these positions was a necessary one to cut “unnecessary costs.”
President-elect Donald Trump plans to implement a 25% tariff on all products from Mexico and Canada to target drugs, particularly fentanyl, and illegal immigration… Trump’s announcement of his plans has spurred questions about what tariffs mean for American consumers, as well as the products that may face additional fees. Oil and “billions worth of wood and paper” are imported from Canada to America, USA TODAY reported. …Congress has the authority to make U.S. tariff policy, and the legislative branch usually set tariff rates before the 1930s… However, Congress has “delegated extensive tariff-setting authority to the President” for decades. Through certain statutes, the president can impose or adjust tariffs, such as adjusting tariffs on imports that threaten U.S. national security or raise tariff rates when the U.S. International Trade Commission finds that an import surge has injured an American industry, according to the Congressional Research Service.
WASHINGTON, DC – The Fannie Mae Home Purchase Sentiment Index® (HPSI) increased 0.4 points in November to 75.0, continuing its sharp upward trend over the past year as consumers appear to be acclimating to the higher mortgage rate and home price environment. This month, a new record-high share of consumers indicated that they expect mortgage rates to decline over the next 12 months, while fewer respondents said they expect home prices to rise. While only 23% believe it’s a “good time to buy a home,” on net that component continued its upward trend, and is now notably higher than last November’s share of 14%. The share of respondents saying it’s a “good time to sell” remained flat month over month but is also up from last year. Year over year, the HPSI is up 10.7 points.
The U.S. exported 839,226.4 metric tons of wood pellets in October, down from 898,128.2 metric tons the previous month, but up from 835,490.8 metric tons in October 2023, according to the USDA Foreign Agricultural Service. The U.S. exported wood pellets to approximately a dozen countries in October. The U.K. was the top destination for U.S. wood pellet exports at 700,824 metric tons, followed by Denmark at 92,850.8 metric tons. The value of U.S. wood pellet exports fell to $154.72 million in October, down from $167.05 million in September and $155.41 million in October of last year. Total wood pellet exports for the first 10 months of 2024 reached 8.25 million metric tons at a value of $1.53 billion.
The Lane County Board of Commissioners voted Tuesday to approve a property tax exemption for Weyerhaeuser’s planned improvements to its Cottage Grove sawmill, a move officials say will help secure high-paying jobs in the region while ensuring the timber company remains competitive. Weyerhauser, a Seattle-based timber company, applied for the exemption to delay paying taxes on a planned $120 million upgrade to the sawmill, which it says currently employs 225 people. Under the agreement, Weyerhaeuser will save $7.2 million in property taxes over five years, but the company must make a 10% “community benefit payment,” which will be shared by the South Lane School District and the Cottage Grove Community Medical Center Foundation. Additionally, state law mandates Weyerhaeuser pay supplemental fees to the school district in the fourth and fifth years of the exemption.
Policymakers are looking out for indications of what President-elect Donald Trump plans to do to ease housing costs next year. …Trump has spoken frequently of his proposed 60% tariff on goods from China, which he has said would create more manufacturing jobs in the US. …But housing economists and other experts say that could be bad news for building more affordable housing. Selma Hepp, chief economist for CoreLogic, a financial services company, said tariffs are one of her main concerns about the effects of a second Trump term. “One of the biggest concerns is not just lumber [costs], but the overall cost of materials, which have been going up,” Hepp said. Kurt Paulsen, professor of urban planning in the department of planning and landscape architecture at the University of Wisconsin at Madison, said building costs are already high from tariffs on Canadian lumber.
Exports of Southern Pine lumber (treated and untreated) are running 17% ahead of 2023 through the first three quarters of 2024, according to September data from the USDA’s Foreign Agriculture Services’ Global Agricultural Trade System. Southern Pine lumber exports were down 10% in the third quarter of 2024 over the prior quarter but up 11% over the same period in 2023. Exports were up 3% over August and up 20.9% over September 2023. …When looking at the report by dollar value, Southern Pine exports between January and September 2024 are running 9% ahead of the same period in 2023 at $168.7 million, with Mexico leading the way at $46.6 million, followed by the Dominican Republic at $41.3 million, and India at $13.1 million. Treated lumber exports, meanwhile, are flat over the year at $103.1 million led by Jamaica with $17.6 million, the Leeward-Windward Islands at $16.1 million, and the Dominican Republic at $8.4 million.
The U.S. government is investing $265 million in 17 states to save private forests from development, while improving rural economies, mitigating wildfire threats and reconnecting wildlife. The U.S. Forest Service recently announced the grants in its latest batch funded by the Forest Legacy Program. The October awards were made through Inflation Reduction Act funds. These new grants will help protect some 335,000 acres of vital forest lands in 21 projects. …“Landowners face many pressures to convert forests to other uses and this investment is key to keeping the economic, social, and ecological benefits that these forests provide,” Agriculture Secretary Tom Vilsack said Oct. 29 in press statement about the recent round of grants. …The total allocation for 2024 will amount to nearly $420 million in grants to 47 projects to save 500,000 acres of forest land. Over the last three decades since the program began, the federal government has saved 3.1 million forest acres in 479 completed projects.
The U.S. Department of Agriculture’s Forest Service announced a new policy for monitoring national forests and grasslands. The policy aligns monitoring, partnerships, and information-sharing efforts to help land managers monitor changes related to climate change and other stressors affecting National Forest System lands and make timely, informed, science-based decisions within staffing and budget constraints. This policy is an important step in implementing the agency’s 2012 planning rule, which requires the agency use monitoring to inform adaptive management. The Forest Service monitors national forests and grasslands to gauge progress toward forest restoration, the effects of disturbance and climate on forests — such as the increasing frequency and intensity of wildfires, drought and floods — and to help people understand how forests are changing through time.
KALISPELL, Mont. — The Flathead National Forest and the Montana Department of Natural Resources and Conservation are working together to reduce wildfire risk through the Jackknife Project. The project is made possible by the Good Neighbor Authority, which allows the two agencies to plan and coordinate forest management projects. A Eureka company, Stoken Logging will harvest about 800 trees per acre and will leave about 100 to 250 trees per acre as part of a timber sale. The project spans over 1,000 acres on Good Creek Road and the harvest will allow residual trees to have more access to light water and nutrients. The reduction in trees will reduce the ability of wildfires to reach the top of trees, known as a crown fires.
J.P. Morgan Asset Management announced that institutional investors advised by the firm’s wholly-owned timber investment manager, Campbell Global, have led the acquisition of 40,800 productive acres of high-quality, commercial timberland located on the Olympic Peninsula in Washington state. The firm has named the property Tyee to acknowledge the Cascadia region’s indigenous Native American history. Campbell Global was acquired by J.P. Morgan Asset Management in 2021 and is recognized as a pioneer in timberland management, having managed more than five million acres worldwide for pension funds, foundations and other institutional investors since inception. Tyee will be continuously managed for both carbon capture and timber production to meet growing demand for sustainable building products and other uses. Some details of the property include 100% certified in accordance with Sustainable Forestry Initiative standards.
The value of U.S. tall oil exports to Finland and Sweden increased significantly last year, according to a report filed with the USDA Foreign Agricultural Service’s Global Agricultural Information Network. The increase is primarily attributed to increased demand for tall oil as an advanced biofuel feedstock. Both countries are expected to further expand their advanced biofuel production capacity over the next five years, and import demand for tall oil is forecast to grow accordingly. Tall oil is produced from back liquor generated by the pulping of wood.
America’s current approach to international climate policy is worth interrogating in light of President-elect Donald Trump’s victory. President Joe Biden put unprecedented resources behind this multilateral diplomacy approach, beginning with the appointment of former secretary of state John Kerry as the inaugural special presidential envoy for climate… Trump likely will again withdraw the United States from the Paris Agreement and possibly from the UN climate change framework governing it. Such a move would prevent the U.S. government from formally participating in the COP process, possibly making it difficult for future administrations to rejoin… The current U.S. approach to international climate action is not well optimized to meet a transformed world defined by industrial policy, intensified great power competition, and shifting views on globalization and supply chains.
SEATTLE — A pair of proposals to build wood pellet-manufacturing plants in Hoquiam and Longview would bring a growing but controversial global industry to Washington. Countries including the U.K. and Japan have subsidized the burning of such pellets to produce electricity. …But of concern is the industry’s operations elsewhere have revealed the use of whole logs, and even old growth forests in British Columbia, to manufacture them. …Drax and other wood pellet producers in the southeastern U.S. also vowed to use residual materials. But the Southern Environmental Law Center estimates that at least 100,000 acres of trees in the American south have been harvested for wood pellets. …The Times editorial board supports active management of working forestlands to improve their health, prevent wildfire and supply critical material for everything from utility poles to affordable housing. …But state leaders should be wary of these past examples. [to access the full story a Seattle Times subscription is required]