Blog Archives

Opinion / EdiTOADial

Setting the Record Straight On Softwood Lumber Trade between Canada and the United States

By Russ Taylor and David Elstone
Russ Taylor Global and Spar Tree Group
July 27, 2025
Category: Opinion / EdiTOADial
Region: Canada, United States

As trade talks intensify between the US and Canada, those in the forest industry await what will happen with that long-term irritant of a trade file – softwood lumber. The US Lumber Coalition’s (USLC) July 2, 2025 press release, “US Self-Reliance in Softwood Lumber Hamstrung by Canadian Unfair Trade” made several inaccurate claims about the Canadian industry and softwood lumber trade. With sensitive and critical US-Canada trade negotiations ongoing, as well as the potential outcomes of the US Section 232 investigation on lumber imports, it is important to make sure there is correct information and understanding available to support both countries with meaningful dialogue. As industry consultants based in British Columbia, we are compelled to correct a number of the USLC’s claims made which provide misleading perspectives of the Canadian forest industry and its softwood lumber exports to the US market. Our goal is to apply facts against these claims together with additional commentary that we believe will provide a more accurate assessment of the US and Canada softwood lumber situation. [go to Spar Tree Group Inc. or Russ Taylor Global for full list of ‘claims and responses’, or click Read More below]

…The longer-term objective of making the US more self-reliant on domestic lumber is only a notional strategy at this point. Canada is already the high-cost supplier to the US market – in part from US import duties – and imposing higher duties (and tariffs) on imported Canadian lumber will only increase lumber prices to US consumers for years to come. It is unfortunate that the USLC makes so many unsubstantiated claims, which are designed to simply evoke emotional reactions. A clear and supported analysis of the facts with defined assumptions is a much better way to improve the dialogue and create accurate communication. The US and Canada need to work together to grow their collective share of wood products in the North American market and not to push for short-term, non-market duties and tariffs that will have potentially long-term consequences. Efforts to promote wood over steel and concrete are a much better longer-term strategy.

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Business & Politics

Canada-US trade negotiations ‘may not conclude’ by Aug. 1, Carney says

By Holly Cabrera
CBC News
July 30, 2025
Category: Business & Politics
Region: Canada, United States

Prime Minister Mark Carney confirmed earlier on Wednesday that trade negotiations have not been finalized just two days ahead of the deadline. “It is possible that [negotiations] may not conclude by the first of August,” Carney said at a news conference on Wednesday. Trump set an Aug. 1 deadline for Canada to reach a trade deal and has threatened to impose a 35 per cent tariff on goods that don’t comply with the Canada-U.S.-Mexico Agreement (CUSMA). …”The president has been very clear … that there are certain sectors that are strategic, in their judgment, to the United States’ economy: aluminum steel, automobiles, pharmaceuticals, semiconductors and lumber,” Carney said. The prime minister previously hinted that the Canadian government is in no rush to finalize a deal by Friday, saying last week that his objective is “not to reach a deal whatever it costs.”

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BC asks PM Carney to keep softwood on radar as tariff deadline looms

By Wolfgang Depner
The Canadian Press in Global News
July 30, 2025
Category: Business & Politics
Region: Canada, United States

David Eby

BC Premier David Eby says the federal government cannot forget about the fate of British Columbia’s softwood lumber industry as the deadline for a trade deal between the United States and Canada is hours away. Aug. 1 is the deadline the United States has set for a trade deal with Canada, and Eby says he hopes his province’s softwood lumber industry remains on the “radar” of Prime Minister Mark Carney as Ottawa continues negotiations.  told an unrelated news conference that the industry has been the “canary in the coal mine” signalling American protectionism, saying Canadian softwood exports have been subject to “unfair duties” for the “better part of almost two generations,” well before the current trade dispute triggered by U.S. President Donald Trump. But Eby says the dispute’s long-standing nature does not mean the industry “should be ignored,” and resolving it could actually help broker a larger deal.

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US Lumber Coalition Comments on Canadian Reaction to US Trade Law Enforcement

The US Lumber Coalition
July 29, 2025
Category: Business & Politics
Region: Canada, United States

WASHINGTON, DC — A number of organizations and individuals in Canada who have a long history of strongly advocating for Canadian industry have made statements about the increased dumping rate. These statements continue to ignore the fact that the dumping rate went up because Canada intensified its unfair trading behavior – simple as that. These Canadian statements demonstrate a complete misunderstanding of the US trade laws, while continuing to regurgitate misinformation along with Canada First allies in the US such as the National Association of Homebuilders. …Canada ignores the fact that it engages in unfair trade and that antidumping and countervailing duty deposit rates are simply a reflection of Canadian unfair trade behavior. …Canadian officials, such as BC Forest Minister Ravi Parmar, have a fundamental misunderstanding of the US trade laws, and instead focus on political rhetoric and advancing misinformation. Messrs. Russ Taylor and David Elstone published an opinion piece highlighting their inability to consider all facts as they strongly advocate for the interests of the BC lumber industry.

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Free trade carveouts key in potential deal between US and Canada

By Sammy Hudes
The Canadian Press in CP24 News
July 29, 2025
Category: Business & Politics
Region: Canada, United States

Business leaders and academics say they hope to see Canada and the US maintain free trade protections for most goods once an agreement is reached, even if the negotiations can’t stave off certain sectoral tariffs. It’s unclear if the two countries will stick to the Aug. 1 deadline for wrapping up talks. Prime Minister Mark Carney said negotiations were in an “intense phase,” but US President Donald Trump told reporters last week that Canada wasn’t a priority. Canadian Federation of Independent Business president Dan Kelly said his organization’s members feel “a good chunk” of trade must remain tariff-free in order for talks to be considered successful. …Kelly said he would not consider it a win for Canada if its trade agreement ends up looking similar to the EU deal. He said the goal should be to keep zero tariffs on products that are currently protected under the CUSMA.

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A Canadian Conservative Icon Advises Carney to Pull Back From US

By Brian Platt
Bloomberg Politics
July 28, 2025
Category: Business & Politics
Region: Canada, United States

Stephen Harper

Stephen Harper calls himself the most pro-American prime minister in Canadian history. But the advice he gave recently to Mark Carney’s government was to take a different path — and reduce the country’s close integration with the US. …The relationship between the two longstanding allies simply can’t be the same after months of threats from Trump, Harper told an audience in the western city of Saskatoon. …He said he believes free trade will live on even as the US runs away from it under Trump. “The idea of using tariff barriers to raise revenue and comprehensively relocate industries, this is a failed economic policy where it has been tried,” he said. …Harper says Canada needs to quickly diversify its export markets for energy, critical minerals, and other strategic goods in response to President Donald Trump’s hostile trade actions. [to access the full story a Bloomberg subscription is required]

Related coverage in:

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Canadian government needs to stand up for lumber workers, says United Steelworkers union

United Steelworkers
July 29, 2025
Category: Business & Politics
Region: Canada, United States

BURNABY, BC – The United Steelworkers union (USW) District 3 and the USW Wood Council are calling on the federal government to take urgent action in response to the latest escalation in the softwood lumber trade dispute. …“This latest increase, along with other threatened tariffs, is yet another blow to workers, communities and the long-term sustainability of our industry,” said Scott Lunny, USW Western Canada Director. “We represent thousands of loggers and mill workers… and their families, are at risk – governments need to act now.” …“It’s a constant attack on our industry and our workforce from the US administration. ….In addition to calling for a deal on softwood lumber to be a priority for Canada in trade talks with the US. …“These duties are unfair and will only drive up housing costs for U.S. consumers, while putting thousands of Canadian jobs at risk,” said Jeff Bromley, USW Wood Council Chair.

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US Department of Commerce Announces Final Results of Softwood Lumber Antidumping Duty Administrative review

US Department of Commerce
July 25, 2025
Category: Business & Politics
Region: Canada, United States

WASHINGTON, DC The US Department of Commerce announced its final decision in the sixth administrative review of the antidumping duty order on softwood lumber from Canada. …This review covers imports of softwood lumber from Canada that entered into the United States during the period of January 1, 2023, to December 31, 2023. The Department of Commerce determined that softwood lumber from Canada was being dumped into the United States at rates ranging from 9.65% to 35.53%. These final rates are, on average, larger than the final antidumping rates determined in the previous administrative review but in line with Commerce’s preliminary results from March 2025. Notably, the final rate for non-selected companies, which applies to most Canadian companies, increased to 20.56%, up from 7.66% determined in the previous administrative review. …Commerce is scheduled to announce the final decision in the administrative review of the countervailing duty order, covering calendar year 2023, on August 8, 2025.

Responses captured on July 25, per Tree Frog’s BREAKING NEWS:

  • Council of Forest Industries (COFI): COFI strongly condemns today’s decision by the US Department of Commerce to once again increase anti-dumping duties on Canadian softwood lumber.
  • US Lumber Coalition: The US Lumber Coalition applauds Trump Administration’s strong enforcement of the US trade Laws against egregious levels of unfair trade by Canada in softwood lumber.
  • BC Lumber Trade Council (BCLTC): The BCLTC is deeply disappointed by today’s final determination by the US Department of Commerce to raise anti-dumping duties on Canadian softwood lumber to 20.56%.

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BC’s independent wood manufacturers decry retroactive US softwood duties

By Chuck Chiang
The Canadian Press in CTV News
July 26, 2025
Category: Business & Politics
Region: Canada, United States

BC’s independent wood product makers say hundreds of small- and medium-sized manufacturers may be forced to shut down in light of the latest decision from the US to raise anti-dumping duties on Canadian softwood… [which] includes a requirement for Canadian companies to retroactively remit duties for products shipped to the US since Jan.1, 2023. Association chair Andy Rielly says that requirement could not only force small BC producers to shut down, but may also threaten operators’ personal assets as they may have to risk using their homes as collateral to secure bonds to pay. …Association executive director Brian Menzies describes independent wood product producers as “collateral damage” in the trade war.” …“We acquire logs and lumber at ‘arm’s length’ from various suppliers on the open market, just like claims made by members of the US Lumber Coalition, and yet our Canadian companies along with U.S. consumers must pay these unfair and costly duties.”

See the Independent Wood Processors Association of BC press release: New softwood lumber duty forces Canadian producers to pay for already shipped products

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BPWood expands supplier network for thermally modified wood product

By Larry Adams
Woodworking Network
July 30, 2025
Category: Business & Politics
Region: Canada, Canada West, International

PENTICTON, BC — BPWood is expanding its distribution network to accelerate the prompt availability of LDCwood ThermoWood across the U.S. and Canada. The new partnerships, all with established regions, will bring ThermoWood to more markets and customers. LDCwood, based in Belgium, produces ThermoWood. Each of these carefully aligned BPWood distributors brings deep regional reach and market knowledge to the growing ThermoWood movement: American Lumber, Edmund Allen, Excelsior Wood, Hewn Elements, Issaquah Lumber, Noltco, OrePac and Westwood Lumber Sales. …“We’re known as the nimble innovators and we’re ‘woody’ by nature, so we are thrilled to welcome these respected partners to our growing North American distribution family map,” said Paul Bouchard, founder and CEO of BPWood. “Each brings deep ‘woodiness,’ regional strength and customer relationships that will help us meet growing demand for ThermoWood products.”

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Years of warnings ignored as US slaps B.C. forestry with punishing new duties

By Rob Shaw
Business in Vancouver
July 28, 2025
Category: Business & Politics
Region: Canada, Canada West, United States

BC’s forestry sector would have been brought to its knees Friday by new American duties on Canadian softwood lumber, if it wasn’t already flat on its back from being hammered by years of provincial government policies. …But even before the new duties, B.C.’s forestry sector was in a crisis. Annual harvest volumes are down by tens of millions of cubic metres, lumber production and exports have shrunk dramatically, export revenues have fallen, thousands of jobs have been lost, and dozens of mills have been curtailed or shuttered. The industry has blamed various BC NDP policies, including new old-growth logging deferrals…  and extraordinarily long permitting delays. …If New Democrats are serious about saving the industry from ruin, now would seem to be the time to shelve the never-ending reviews and actually do something. The government could spin a pivot to pro-forestry policies not as a retreat, but as a made-in-BC response to American trade aggression.

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BC Forest Minister’s statement on US antidumping duties

By Minister of Forests, Ravi Parmar
The Government of BC
July 25, 2025
Category: Business & Politics
Region: Canada, Canada West, United States

Ravi Parmar

“US President Trump has made it his mission to destroy Canada’s economy, and the forestry sector is feeling the full weight of this. The sector has faced years of uncertainty, driven by ongoing trade disputes, global market pressures, and the compounding effects of climate change. Now, we face further challenges, with rising unfair and unjust duties imposed by the US. These duties are nothing more than a tax on middle-class Americans trying to build or rebuild a home. They are hurting people on both sides of the border, with the forestry sector being unfairly targeted. Let me be clear: we will not stand by while Donald Trump tries to rip paycheques out of the hands of hard-working people in B.C. …I have appointed former deputy minister to the premier, Don Wright, as a strategic advisor, to ensure BC’s interests are well represented, and to help us align with federal and cross-provincial efforts.”

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Cascades invests over $5.3 million in its Granby, Quebec plant

Cascades Inc.
July 30, 2025
Category: Business & Politics
Region: Canada, Canada East

KINGSEY FALLS, Quebec — Cascades announced recent investments of over $5.3 million at its Granby, Quebec tissue plant to increase the capacity of two strategic production lines and enhance product quality. A new packer and higher-performance case packer have been added to the machine that produces bathroom tissue for the Cascades PRO Away-from-Home product line. These additions will increase production by 20% by the end of 2025. Moreover, additional improvement investments have been made in another machine producing retail bathroom tissue. …These changes will also increase production by 20% by the end of 2025. …Acquired in 2011, the Granby tissue plant currently serves the residential, commercial and business markets for hygiene solutions and tissue paper. The Granby plant currently has over 200 employees.

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Kruger Not Tipping Hand on Negotiations Regarding Future of Corner Brook Pulp and Paper

VOCM News Now
July 28, 2025
Category: Business & Politics
Region: Canada, Canada East

Negotiations are now underway to try to secure the long-term future of Corner Brook Pulp and Paper. Last week, parent company Kruger revealed a $700 million dollar plan to revitalize the mill and expand its operations, but said the plan required the “alignment” of government and NL Hydro among others. The company is proposing to diversify its operation in Corner Brook, including modernization of the paper mill, a new storage facility, and chip handling and receiving equipment among other things. It’s also planning to spend on the Deer Lake and Watsons Pond hydro facilities, and develop a private wind farm to support mill operation. Kruger VP Darren Pelley, says he’s not at liberty to detail what kind of a role the province could play, citing ongoing negotiations. …“But we certainly need to get to the final pieces so that the project is able to move forward.”

Related news in Saltwire: Unifor officials and Corner Brook mayor think Kruger’s plan for Corner Brook Pulp and Paper is a good thing

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Ontario Condemns US Decision to Raise Softwood Lumber Tariffs

By James Murray
Net News Ledger
July 25, 2025
Category: Business & Politics
Region: Canada, Canada East, United States

THUNDER BAY – Ontario’s government is pushing back against the US’ latest move to increase tariffs on Canadian softwood lumber, calling the decision a blow to workers, families, and the housing market on both sides of the border. US President Trump continues his tariff battles against Canada. …Although Trump does not realize it, it is American consumers who end up paying the higher prices his tariffs cause. In a joint statement, Ontario’s Associate Minister of Forestry Kevin Holland, Minister of Natural Resources Mike Harris, and Minister of Economic Development Vic Fedeli criticized the U.S. Department of Commerce’s decision to hike duties on Canadian exports, stating: “These duties disrupt industries, drive up costs and put our shared competitiveness at risk… Continued duties on Canadian softwood lumber exports are an unjust burden which limit productivity, raise construction costs and make homes less affordable for American families.”

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US, EU agree to framework for trade deal that puts 15% tariff on European goods

By Andrew Gray and Andrea Shalal
Thomson Reuters in CBC News
July 27, 2025
Category: Business & Politics
Region: United States, International

The United States has struck a framework trade deal with Europe, imposing a 15% US import tariff on most EU goods and averting a spiralling row between two allies who account for almost a third of global trade. The announcement came after European Commission President Ursula von der Leyen travelled for talks with U.S. President Donald Trump at his golf course in western Scotland to push a hard-fought deal over the line. …The deal also includes $600 billion US of EU investments in the United States and significant EU purchases of US energy and military equipment. However, the baseline tariff of 15% could be seen by many in Europe as a poor outcome compared to the initial European ambition of a zero-for-zero tariff deal, although it is better than the threatened 30% rate. The deal mirrors parts of the framework agreement the United States clinched with Japan last week.

Related coverage in: 

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Boise Cascade workers strike in Billings, Montana

By Darrell Ehrlick
The Daily Montanan
July 30, 2025
Category: Business & Politics
Region: United States, US West

Members of Teamsters Union Local No. 190 in Billings officially went on strike against Boise Cascade on Tuesday, demanding fair wage increases and improved healthcare benefits after months of stalled contract negotiations. The 20 workers cited management’s refusal to offer a fair contract. The strike follows a breakdown in talks after the company failed to address workers’ concerns over stagnant pay and inadequate healthcare coverage. …Teamsters Local No. 190 has been engaged in contract negotiations with Boise Cascade for several months. Despite efforts to reach a fair agreement, the company has not made a serious offer addressing core issues, according to union officials. …Officials at Boise Cascade’s headquarters were not available for comment… However, according to the end-of-the-year report, Boise Cascade showed that sales decreased 2% and earnings per share fell 21%, driven in large part by a cooling in the US residential housing market.

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‘We Have All the Trees We Need.’ Trump Wants to Revive the Lumber Industry

By Ryan Dezember
Wall Street Journal
July 27, 2025
Category: Business & Politics
Region: United States, US West

SKAMANIA COUNTY, Washington — Sawmills have been closing across the Pacific Northwest over the past 30 years. There is just one left in Skamania County, down from six during its logging heyday. Limited log supply from the region’s national forests has cut off their raw material, while cheap lumber from Canada has taken market share for their finished product. Owners of the remaining mills have high hopes that President Trump will deliver relief by increasing logging in national forests and raising trade protections against Canadian exports. Although the latter can be achieved with a stroke of the president’s pen, meaningfully boosting the federal timber harvest could take years and be impeded by litigation and red tape. …US sawyers have argued successfully in trade cases that their Canadian competitors are supplied with subsidized government logs, and that they offer two-by-fours over the border for less than they sell them at home. [to access the full story a WSJ subscription is required]

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Georgia-Pacific CEO Announces Retirement, Company Announces Mark Luetters Interim CEO

Georgia-Pacific
July 30, 2025
Category: Business & Politics
Region: United States, US East

Mark Luetters

ATLANTA – Georgia-Pacific announced that Christian Fischer, president and CEO is retiring from the company at the end of October and will work to transition his responsibilities beginning in August. Christian joined Georgia-Pacific in 1989 and has held numerous leadership roles. He was named president and CEO in 2017. Mark Luetters, currently executive VP of Koch, with responsibility overseeing several Koch companies, including Georgia-Pacific, will continue in that role while serving as Georgia-Pacific’s president and CEO. Luetters joined Koch in 1989 and Georgia-Pacific in 2006 and, among other roles, was executive VP of Georgia-Pacific building products for nine years prior to returning to a role in another Koch company in 2018. “I want to thank Christian for his 35 years of significant contribution to Georgia-Pacific. “I look forward to… ultimately naming a new, long-term GP president and CEO at some point within calendar year 2026.”

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Forestry veteran Daniel DeArmond joins University of Arkansas at Monticello as assistant professor of wood production

The Magnolia Reporter
July 28, 2025
Category: Business & Politics
Region: United States, US East

Daniel DeArmond

The University of Arkansas at Monticello is welcoming Daniel DeArmond, a faculty member with roots as deep as the redwoods he once logged. DeArmond joins the College of Forestry, Agriculture, and Natural Resources as the new assistant professor of wood procurement/marketing. With more than 20 years’ experience in both industrial forestry and international forest research, DeArmond brings a global perspective and hands-on expertise to the classroom. A native of Humboldt County, California, DeArmond holds a bachelor of science in forestry from Humboldt State University, and both a master’s and doctorate in tropical forest science from the National Institute of Amazonian Research in Brazil. …Having experience with both temperate and tropical forest systems, DeArmond offers UAM students a rare global perspective on wood production and forest operations.

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Finance & Economics

US Publishes New Antidumping Duties for Canadian Softwood Lumber

FEA – Forest Economic Advisors
July 29, 2025
Category: Finance & Economics
Region: Canada, United States

On Tuesday, July 29, the US Department of Commerce published the new antidumping duties for the sixth administrative review (AR6) of imports of Canadian softwood lumber products in the Federal Register, thereby making them effective. The DOC first announced the final AR6 antidumping determinations on July 27. The rates are summarized in the table below:

Total deposits on Canadian lumber shipments to the US are now 27.30%, up from 14.40%. The final results of the countervailing duty for AR6 are currently scheduled to be released on August 8. Based on the preliminary countervailing determination released earlier this year (14.38%), lumber duties may approach nearly 35% once both final AR6 rates are published.

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Why The United States Needs Canada More Than You Think

By Eugenio Catone
Seeking Alpha
July 29, 2025
Category: Finance & Economics
Region: Canada, United States

I am surprised at how President Trump is gradually succeeding in his goal. …Canada, along with China, is the only country standing up to the US, but it is inevitable that if no agreement is reached, the chances of a recession will increase. …Canada needs the US to avoid the worst, but the point of the article is different: how much does the US need Canada? My impression is that this issue is often underestimated. …We don’t need their lumber. But is that really the case? …Why Canadian lumber is essential. …The first and probably most important reason is that US forests are mainly privately owned (by companies or families). …Becoming less dependent on Canada is extremely complicated for the US due to the usual logistical challenges. …This industry has been in gradual decline for decades, and wanting to save it in order to be less dependent on Canada is a waste of resources.

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Canada Housing Market Braces for Extended Pricing Slump

By Paul Vieira and Robb Stewart
The Wall Street Journal
July 29, 2025
Category: Finance & Economics
Region: Canada

OTTAWA—Home buyers and builders in Canada are in retreat, adding to the woes of an economy struggling under the weight of President Trump’s tariffs. Housing helped spur growth in Canada just prior to, and after the worst of, the Covid-19 pandemic. …Data this month indicated existing-home sales climbed modestly for three straight months as of June. But economists and real estate agents are far from convinced it signals recovery after a tariff-fueled slowdown. They note the sales rebound was the result of sellers cutting their listing price. Housing affordability remains stretched in Canada, according to the Bank of Canada data. …For builders, prices for new homes are failing to cover higher costs for labor, loans and taxes and fees set at the municipal level. The Canadian Home Builders’ Association said its own confidence index is at historically pessimistic levels. [to access the full story a WSJ subscription is required]

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Conflict over Canadian lumber duties Claims and counter claims: Barking up the wrong tree?

HBS Dealer
July 28, 2025
Category: Finance & Economics
Region: Canada, United States

The US Lumber Coalition (USLC) has aggressively promoted strong enforcement of US trade laws and railed against “unfair Canadian trade practices.” …The USLC’s arguments have been challenged by a pair of Canadian independent consultants — Russ Taylor Global and Spar Tree Group:

  • The USLC release: “Canada’s built-for-export excess softwood lumber production capacity is huge and unsustainable, at around 8 billion board feet,” said Miller. “And Canada’s focus on maintaining its U.S. market share at any cost is hugely detrimental the profitability and growth of the U.S. softwood lumber industry.”
  • The Canadian consultants: “Canada’s focus on maintaining its US market share?” To the contrary, Canada’s market share has been trending downwards for approximately thirty years, and Canada’s 2024 share of US softwood lumber consumption was 23.6% according to WWPA data. This trend is due, in part, to the closure of 53 sawmills in BC alone since 2005. In terms of sawmill profitability, the US South has been the highest margin region in North America.

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Canadian Lumber Duties Jump Above 25% — With Higher Levies to Come Soon

The National Association of Home Builders
July 28, 2025
Category: Finance & Economics
Region: Canada, United States

The U.S. Commerce Department has announced it is nearly tripling its anti-dumping duties on Canadian lumber imports from 7.66% to 20.56% following its annual review of existing tariffs. The anti-dumping duties are in addition to current countervailing duties set at 6.74%, which would bring the total lumber duties above 27%. However, the countervailing duty rate is expected to move higher on Aug. 8. Commerce issued a preliminary determination on countervailing duties earlier this year that would raise the countervailing duty rate to 14.38%. Moreover, President Trump’s Section 232 [investigation] could result in higher lumber tariffs. …For years, NAHB has been leading the fight against lumber tariffs because of their detrimental effect on housing affordability. In effect, the lumber tariffs act as a tax on American builders, home buyers and consumers. …We are also urging the administration to move immediately to enter into negotiations with Canada on a new softwood lumber agreement that will… eliminate tariffs altogether.

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Homebuilders navigate higher material costs, uncertain supply chains amid trade war

By Sammy Hudes
The Canadian Press in the Times Colonist
July 27, 2025
Category: Finance & Economics
Region: Canada

As a tariff storm blew in from south of the border earlier this year, many industries in Canada, including the home building sector, feared the unknown ahead of them. With stakeholders already keenly aware of the need to rapidly scale up housing supply and improve Canada’s housing affordability gap, blanket tariffs and more targeted material-specific levies meant additional unwelcome obstacles to overcome. That included a potential need to slow down the pace of construction as supply chains shifted and key construction parts became more expensive. …About six months after US President Trump’s return to the White House, many in the home construction sector say unpredictability persists around the cost and timing of obtaining the materials they need. For Geranium Homes, a residential developer in southern Ontario, that’s meant having to pivot on the fly when it comes to the supply chains it’s long relied on.

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Smurfit WestRock reports Q2, 2025 net loss of $25 million

Smurfit Westrock plc
July 30, 2025
Category: Finance & Economics
Region: United States, International

DUBLIN — Smurfit Westrock announced the financial results for the second quarter ended June 30, 2025. Highlights include: Net Sales of $7,940 million; Net Loss of $26 million, and Adjusted EBITDA 1 of $1,213 million. Tony Smurfit, President and CEO, commented: “I am pleased to report a strong second quarter performance as we continue to deliver in line with our Adjusted EBITDA guidance. This performance is driven by the significant improvement in our North American business… with an Adjusted EBITDA of $752 million as a result of our sharper operating focus and the benefit of our synergy program. “Our Latin American operations, which reported an Adjusted EBITDA of $123 million continue to benefit from strong market positions and improvement in our performance across the region.

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China, US Discuss Extending Trade Truce

By Phillip Inman
The Guardian
July 30, 2025
Category: Finance & Economics
Region: United States, International

US and Chinese negotiators have agreed in principle to push back the deadline for escalating tariffs, although America’s representatives said any extension would need Donald Trump’s approval. Officials from both sides said after two days of talks in Stockholm that while had failed to find a resolution across the many areas of dispute they had agreed to extend a pause due to run out on 12 August. Beijing’s top trade negotiator, Li Chenggang, said the extension of a truce struck in mid-May would allow for further talks, without specifying when and for how long the latest pause would run. However, the US trade representative Jamieson Greer stressed that President Trump would have the “final call” on any extension. …Trump is on course to impose extra tariffs on Mexico and Canada from Friday, barring last-minute deals.

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US Homeownership Rate Declines to Lowest Level Since 2019

By Na Zhao
NAHB Eye on Housing
July 28, 2025
Category: Finance & Economics
Region: United States

The latest homeownership rate declined to 65% in the second quarter of 2025, marking its lowest level since late 2019, according to the Census’s Housing Vacancy Survey (HVS). With mortgage interest rates remaining elevated and housing supply still tight, housing affordability is at a multidecade low. Compared to the peak of 69.2% in 2004, the homeownership rate is currently 4.2 percentage points lower and remains below the 25-year average rate of 66.3%. …Householders aged 45-54 experienced the largest drop. …The national rental vacancy rate inched down to 7% for the second quarter of 2025, after steadily increasing since 2021. Meanwhile, the homeowner vacancy rate stayed at 1.1%, remaining near the survey’s 67-year low of 0.7%.

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PotlatchDeltic Reports Q2, 2025 net income of $7.4 million

PotlatchDeltic Corporation
July 28, 2025
Category: Finance & Economics
Region: United States, US West

SPOKANE, Washington — PotlatchDeltic reported net income of $7.4 million on revenues of $275.0 million for the quarter ended June 30, 2025. Net income was $13.7 million on revenues of $320.7 million for the quarter ended June 30, 2024. …”Our overall financial results were solid in the second quarter, even amid ongoing economic and trade policy uncertainty,” said Eric Cremers, President and CEO. “This quarter our Timberlands and Real Estate businesses performed well, while our Wood Products segment continued to be impacted by soft demand across lumber markets. 

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Wood, Paper & Green Building

Feds give $10M to Canada’s first carbon capture cement plant, in Mississauga

By Abdul Matin Sarfraz
The National Observer
July 29, 2025
Category: Wood, Paper & Green Building
Region: Canada, Canada West

Canada’s first commercial carbon capture cement facility is now under construction in Mississauga Ont., backed by $10 million in federal funding. The project is part of the country’s effort to reduce industrial emissions. The project, led by Calgary-based startup Carbon Upcycling in partnership with Ash Grove Cement, aims to capture carbon dioxide from cement production and turn it into a low-carbon material that can replace part of traditional cement. Minister Evan Solomon, … said “These collaborative projects supporting our climate goals and enhancing our global competitiveness”. The facility will use Carbon Upcycling’s technology to mix captured CO2 with steel byproducts like slag to create a powder similar to cement used in construction. Carbon Upcycling CEO Apoorv Sinha said the system could reduce emissions from cement by up to 40%. …Sinha said the new facility will store up to 150 kilograms of carbon dioxide in every tonne of low-carbon cement it produces.

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Milwaukee is building contemporary timber towers. What about Chicago?

By Edward Keegan
The Chicago Tribune
July 27, 2025
Category: Wood, Paper & Green Building
Region: United States, US East

CHICAGO — …Milwaukee, our neighbor to the north has become a hotbed for the development of timber towers — tall buildings that use relatively new mass timber technologies that can replace the steel and concrete traditionally used to support such structures. Since 2022, Milwaukee has been home to the tallest timber tower in the world — the 25-story Ascent MKE at 284 feet in height. That’s no Sears Tower, but when you consider that most wood-framed buildings are one to four stories tall, it’s quite an achievement. …For all the stunning achievements that Chicago architects and engineers have accomplished over the last century and a half, there’s still a deeply conservative streak that runs through the city’s building culture. Fire, through several key historical events, is at fault. …So, perhaps it’s not surprising that we now lag many places in the development of new construction with mass timber.

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Forestry

On Being Canadian: Seeing the Forest

By Derek Nighbor, FPAC President and CEO
Canadian Politics and Public Policy
July 24, 2025
Category: Forestry
Region: Canada

Canada is home to nearly 347 million hectares of forest, which account for about 9% of the world’s forests. As I travel this week across the northern boreal to visit mill and woodlands employees and local community leaders, I’m reminded of the vastness of our forests, the 200,000 direct jobs and families that rely upon them, and how the resilience of those workers is part of both an ever-evolving story and my sense of self as a Canadian. Our connection to our forests has also informed our role in the world beyond commerce, and beyond symbols. …As we endure another devastating wildfire season across Canada, there is more discussion at the community level about turning to more active forest management as a solution. …In a world in which Canada’s exportable natural assets are being besieged by avoidable uncertainty, Canada’s forests are our most sustainable, renewable resource. …To me, being Canadian means having a privileged relationship with nature, especially with our trees and forests. 

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Forestry isn’t a side industry

By Ward Stammer, MLA
CFJC Today Kamloops
July 27, 2025
Category: Forestry
Region: Canada, Canada West

Ward Stammer

BC Premier Eby’s Mandate Letter to Forests Minister Ravi Parmar ordered the ministry to help the forestry sector achieve a harvest target of 45 million cubic metres per year – a staggering 50% increase over last year’s total. That sounds good on paper. But it’s not going to happen. And when it doesn’t, you can already hear the excuses. …Now there’s talk of Ottawa imposing quotas on Canadian softwood exports to the US, a move that would add even more uncertainty. And you can bet this NDP government will use it as another excuse to stand back and let the annual allowable cut continue to slide further. Well, we don’t have the luxury of pretending. Even if the total harvest is only 30 million cubic metres, BC Timber Sales should still be producing at least six million. Instead, it’s on track to deliver less than three.

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An Interview With Lori Daniels: On Controlling Fire, New Lessons from a Deep Indigenous Past

By Nicola Jones
Yale Environment 360
July 24, 2025
Category: Forestry
Region: Canada, Canada West

Lori Daniels

Climate change is extending the season during which hot and dry weather encourages fire across North America. At the same time, a long post-settlement history of stamping out wildfires has changed much of the continent’s landscape: …Forest ecologist Lori Daniels, at the University of BC, has found evidence in tree rings for surprisingly high rates of fires before the early 1900s, thanks to the Indigenous use of fire to manage huge swaths of forest. In BC, after European settlers put an end to burning, much of the forest changed dramatically: In one study site, Daniels and her colleagues have documented 200 to 775 trees per hectare — more than four times the historical average of 50 to 190 trees. North America, researchers say, is running a “fire deficit.” Daniels is one of many ecologists now advocating for a return of more beneficial fire to the landscape in order to break up the forest and prevent catastrophic wildfires. 

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Forest service firefighters use drones with ping pong balls to fight California wildfire

By Jessica Skropanic
Redding Record Searchlight
July 25, 2025
Category: Forestry
Region: United States, US West

REDDING, California — In firefighting, drones get used to see hot spots in the dark, map the size of fires and look for damage. But the recent Green Fire also proves the flying robots also are effective in starting backfires on terrain firefighters cannot safely get to in the Shasta-Trinity National Forest. “If the mission is dull, dumb or dangerous, send the drone,” said John Schuler, a firefighter and US Forest Service spokesperson on the Green Fire. Drones can go where no firefighter can: Into remote areas that are difficult to impossible for crews to reach, and where manned aircraft have trouble flying due to smoke or other safety concerns. Firefighters like those on the Green Fire in the Shasta-Trinity National Forest are using drones to check fire size and directions wildfires are moving. They do the latter by dropping ping pong balls full of chemicals, said Schuler.

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Drop in state funding for Washington’s work to prevent severe wildfires is stoking concerns

By Emily Fitzgerald
Oregon Public Broadcasting
July 27, 2025
Category: Forestry
Region: United States, US West

The state’s top public lands official is urging lawmakers to restore the spending to previous levels after they cut it by about half this year. If state funding for forest health and wildfire prevention isn’t ramped back up in the next legislative session, it could hinder efforts to prevent severe fires in the coming years, Washington’s top public lands official and others warned this week. The state Legislature approved House Bill 1168 in 2021, which committed $500 million over eight years to the state Department of Natural Resources for wildfire preparedness and response. State spending had largely kept up with that target until this year, with the department receiving $115 million in the last two-year budget and $130 million in the one before that. Then this year, as lawmakers confronted a budget shortfall, they slashed the wildfire preparedness funding to just $60 million for the next two years. 

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Proposed changes to EU deforestation law will boost illegal Russia timber trade, NGO warns

By Eleonora Vasques
Euronews
July 29, 2025
Category: Forestry
Region: International

Proposed changes to the EU deforestation law supported by a majority of member states will boost the potential for illegal trade of Russian and Belarusian timber, according to an NGO. In May 18 EU member states sent a letter to the European Commission proposing to simplify the EU Deforestation Regulation, the bloc’s legislation that aims to reduce the EU’s impact on global deforestation. …The European Commission decided to postpone its implementation to 30 December 2025. …The regulation boosts controls over illegal imports of timber by introducing more mandatory border checks and compulsory geolocation of timber. …“For so-called ‘no-risk’ countries, they would be exempt from geolocation requirements, and there would also be no obligation for authorities to carry out a minimum number of checks on those countries,” Ganesh said. …“NGOs have shown that wood, not just from Russia, but also from other high-risk tropical countries and deforestation hotspots, is regularly laundered through countries like China.

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Carbon, Climate & Bioenergy

Can the US Timber Industry and Forest Carbon Credit Programs Coexist?

By Xanders Peters
Time Magazine
July 30, 2025
Category: Carbon, Climate & Bioenergy
Region: United States

The climate crisis is forcing society to rethink existing technological and ecological systems. At the nexus of this challenge is how the US values and manages forests. Over the past 16 years, start-up carbon credit companies have been buying up hundreds of thousands of acres of American forestland to capture and store CO2. …So far, carbon storage policies or programs are underway in at least half of US states. …In 2021 the industry was worth $2 billion; by 2030 it’s projected to balloon up to $35 billion. …Some experts worry that forest carbon programs will someday threaten US wood supply, with the percentage of forests available for timber shrinking while the amount preserved as a climate mitigation tool increases. …And as the volume of harvested timber shrinks regionally, so do local economies in rural localities. …Analysts, like Russell, say “The world is wide enough for timber industry and natural capital markets to coexist”.

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Forest Fires

Wildfires rage in Greece and Turkey as extreme heat persists

By Nikos Papanikolaou & Emily Atkinson
BBC News
July 27, 2025
Category: Forest Fires
Region: International

Greece continued to battle major wildfires across the country amid a severe heatwave, but firefighters have brought many outbreaks under control. Extreme heat persisted, with temperatures reaching 42.4C (108.32F) in central Greece on Sunday. Firefighters were working on five major fire fronts late on Sunday in the Peloponnese area west of Athens, as well as on the islands of Evia, Kythira and Crete. Meanwhile, neighbouring Turkey has recorded its highest ever temperature as fires raged in several regions. Turkey’s forestry minister, Ibrahim Yumakli, said on Sunday that areas affected by fires were “going through risky times” and that he thought it would be several days before they were fully contained. On Saturday, Turkey’s environment ministry said meteorologists had recorded a reading of 50.5C in the south-eastern city of Silopi, surpassing the previous heat record of 49.5C.

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