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Today’s Takeaway

Lumber industry at a tipping point as Trump calls for more tariffs

The Tree Frog Forestry News
October 27, 2025
Category: Today's Takeaway

Canada’s lumber industry is at a tipping point, as Trump calls for more tariffs in response to Ontario’s Reagan TV ad. In related news: industry leaders say the additional tariff is uncalled for; Carney distances himself from provincial ads; Trump declines to meet Carney; West Fraser’s James Gorman says BC’s system needs reform; Greg Stewart explains Sinclar’s production reductions; and trade-expert John Weekes says don’t count on USMCA negotiations resolving the matter. Meanwhile: US inflation ticks up; US cabinet sales decline; and Fannie Mae’s GDP forecast rises.

In Forestry news: BC’s Forest Advisory Council says changes are needed; Quebec’s Safety Board releases report on skidder-operator  death; Nova Scotia debuts the Fairy Creek documentary; and Oregon seeks input on Public Lands Rule. Meanwhile: World Resources Institute says wildfires are burning at twice the rate of 20 years ago; BC Forest Professionals and Nova Scotia Woodlot Owners focus on wildfire prevention; and the US government shutdown is impacting wildfire mitigation in Oregon.

Finally, after 16 years, BC Forest Safety Council CEO Rob Moonen is retiring in March 2026.

Kelly McCloskey, Tree Frog Editor

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Opinion / EdiTOADial

US Duty Calculations on Canadian Lumber Are Flawed

By Alice Palmer, freelance writer, researcher and consultant
Sustainable Forests, Resilient Industry Substack
October 21, 2025
Category: Opinion / EdiTOADial
Region: Canada, United States

Alice Palmer

On October 14, the US began charging a Section 232 (“national security”) tariff of 10% on imports of Canadian softwood lumber, on top of the duties that were already being charged. The premise that imports of Canadian 2x4s, sofas and bathroom vanities are somehow a threat to America’s national security is so ludicrous it hardly deserves rebuttal (although you can read a good analysis here). …The duties, in contrast, have been promoted as being carefully calculated responses to Canadian wrongdoing. The US Lumber Coalition outlines how the duty investigations by the US Department of Commerce take over a year to complete. Even the duty rates, calculated to the hundred of a percent, give off an aura of precision and accuracy.

Nevertheless, the duty rates are every bit as ridiculous as the new tariffs; this ridiculousness is just more cleverly hidden. For example, the argument that Canadian companies pay less for their logs than American companies do has been shown to be inaccurate: cost comparisons by analysts such as Forest Economic Advisors show that Canadian mills’ log costs are often higher than those of their US neighbours. Similarly, the argument that Canadian logs are “dumped” into US markets is based on biased calculations, due to the US Commerce Department’s use of zeroing in its calculations. …Selectively including some export sales while excluding others from the calculations – biases the results against importers and yields an imposed competitive advantage to the US domestic mills. …Graphically, we can see that the higher-priced US transactions no longer balance out the lower-priced transactions, because the higher-priced transactions have been “zeroed out” (ignored in the calculations). There is an obvious bias to this calculation method!

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Business & Politics

Canada Believes Tariffs Will Continue Despite Upcoming Hearing

By Tom Robinson
Western Iowa Today
October 25, 2025
Category: Business & Politics
Region: Canada, United States

President Trump said that he, personally, wants to attend next month’s Supreme Court hearing on his tariff policies. The U.S. Supreme Court will hear oral arguments, beginning on November 5th, whether the president can unilaterally impose tariffs under emergency powers and is acting legally in his bypassing of Congress. The case involves the import tariffs against Canada, Mexico, and China, over allegations of fentanyl trafficking, as well as Trump’s reciprocal tariffs. …Canada is suffering under some of the toughest US tariff actions for some of its largest export sectors — the auto industry, along with steel, aluminum, and Canada’s softwood lumber. …John Weekes, one of the chief Canadian negotiators of the original North American Free Trade Agreement said a lot of Canadians seem to be holding onto hope that Trump’s tariff war will disappear when the USMCA is renegotiated next year. To that, John Weekes says don’t bet on it.

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Industry leaders say new U.S. tariffs ‘unfortunate’ and ‘uncalled for’

By Robin Della Corte
CTV News
October 26, 2025
Category: Business & Politics
Region: Canada, United States

Industry leaders say they are disappointed with the additional 10% tariff on Canadian goods announced Saturday by US President Trump… over Ontario ad. Jean Simard of the Aluminum Association of Canada said that this announcement is “very unfortunate and uncalled for.” …“I don’t think it’s going to add anything to the situation that the U.S. will be facing moving into the fall season with prices that will be increased by these stacked up tariffs on everything that moves into the U.S.” A $75-million television ad from the Ontario government, featuring remarks by former US President Reagan on tariffs is what prompted Trump to announce he was ending trade discussions with Canada. …“We might see the same phenomenon that unfolded in the course of the months of July and August, where our metal started moving towards Europe instead of the U.S,” Simard said. 

Related coverage:

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Trump says trade talks with Canada terminated over anti-tariffs ad

By Osmond Chia and Maia Davies
BBC News
October 24, 2025
Category: Business & Politics
Region: Canada, United States

US President Donald Trump has announced an immediate end to all trade negotiations with Canada over an advert critical of the tariffs he has imposed on the nation. The advert, sponsored by the province of Ontario, quoted Trump’s predecessor, Ronald Reagan saying tariffs “hurt every American”. …In the minute-long advert published last week… the video excerpts a 1987 national radio address by Reagan that focused on foreign trade. …The Ronald Reagan Foundation said the advert “misrepresents” the former president’s address, without specifying why, and accused the Ontario government of not seeking permission to use and edit the remarks. The foundation said it was “reviewing its legal options”. Trump referenced this statement, and said the video was designed to “interfere with” the US Supreme Court’s upcoming decision in November on whether Washington’s sweeping tariffs on many nations’ products are legal.:

Related coverage by:

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BC opens new forest trade office in London, England

By Ministry of Forests
Government of British Columbia
October 27, 2025
Category: Business & Politics
Region: Canada, Canada West

Efforts are underway to diversify and strengthen British Columbia’s forestry sector with a new office in London, England. The office will be a hub for BC’s forestry sector to expand its market share across Europe and the United Kingdom. “British Columbia is the second largest exporter of softwood lumber in the world, and with US President Trump’s continued attacks on our forestry workers and economy, we are not sitting idly by,” said Ravi Parmar, Minister of Forests. BC’s Crown corporation, Forestry Innovation Investment (FII), will be expanding its presence to the U.K. to work with the forestry industry there, around Europe, and eventually, select markets in the Middle East and northern Africa, to grow BC’s forestry sector footprint internationally. This new office will give B.C.’s forestry sector a representative to help expand growing wood markets in the UK and Europe. …This is the newest FII office, joining offices in China, India and Vietnam, and industry-led offices in Japan and South Korea.

Related in

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Forestry faces 45% headwind, West Fraser’s Gorman warns

Resource Works
October 24, 2025
Category: Business & Politics
Region: Canada, Canada West

James Gorman

At the B.C. Business Summit 2025, James Gorman, Senior VP at West Fraser, offered a clear-eyed view of the challenges facing Canada’s forest sector and the policy choices that could restore its competitiveness. “We’ve been in a softwood lumber dispute with the US since 2016,” he said. …Gorman noted that only about 3% of total Canadian mill capacity is needed to serve the home market. “We’re therefore highly dependent on U.S. housing demand,” he said. “Flat markets can’t take these high duty rates, and the result is significant headwinds for Canadian producers.” Gorman said BC still has one of the world’s most robust forest resource bases. But the system that allocates and prices fibre needs reform. “First Nations are receiving more decision-making power, but not meaningful revenue sharing,” he said. “It should be 50–50. That would unlock fibre, create stability, and bring First Nations fully into the forestry economy.” 

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Sinclar Group Forest Products reduces production at three lumber operations

The Prince George Daily News
October 23, 2025
Category: Business & Politics
Region: Canada, Canada West

Greg Stewart

Sinclar Group Forest Products will implement a significant reduction in production across its three lumber operations—Apollo Forest Products (Fort St. James), Nechako Lumber Co. (Vanderhoof), and Lakeland Mills (Prince George)—effective Monday, October 27. Each facility will reduce output by approximately 40%. The significance of this action should not be underestimated. These production curtailments are equivalent to the closure of one full mill. This decision comes in response to a confluence of external pressures—from an unsustainable provincial policy landscape and persistent uncertainty around fibre supply to deepening economic challenges, all made worse by punitive duties and additional tariffs on Canadian lumber entering the United States, according to the company. “The decision to curtail operations deeply affects our employees, their families, and the communities we serve,” said Sinclar President Greg Stewart. “The challenges facing the forest industry in BC are significant and compounding. We must take action to sustain our operations.”

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B.C. hits Domtar mill with another wave of environmental penalties

By Stefan Labbé
Business in Vancouver
October 22, 2025
Category: Business & Politics
Region: Canada, Canada West

The B.C. government has hit a Kootenay pulp and paper mill with a third wave of environmental penalties this year following a series of permit violations. In an October 15 decision released to the public this week, director of the Environmental Management Act Jennifer Mayberry penalized Domtar’s Skookumchuck mill a combined $62,950 for failing to comply with air pollution limits, monitor the release of contaminants and maintain critical equipment. “Skookumchuck was aware of the requirements and had some degree of control,” she wrote. …In the province’s latest decision, Mayberry noted the ministry had issued the mill seven warnings in the past five years, and eight penalties over the past decade. …Domtar has an opportunity to appeal within 30 days of the decision.

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Final plan for Tolko’s old mill site in Kelowna ready for public viewing

By Ron Seymour
The Kelowna Daily Courier
October 20, 2025
Category: Business & Politics
Region: Canada, Canada West

KELOWNA, BC — Industrial relics will add “fantastic” character to the redevelopment of Kelowna’s former downtown mill site, advocates of the property’s sweeping transformation say. An old tugboat, machine shop, railway platform, horse barns, and a massive lumber storage shed are among the Tolko mill features that remain and which will be repurposed on the 40-acre Manhattan Point waterfront property. The final plan for the massive redevelopment project, which envisions 20 high-rises with thousands of homes, will be released Wednesday. A public information session will be held from 4-8 p.m. at 1001 Manhattan Drive, at the corner of Guy Street. …In a video touting the redevelopment, Keith stands beside a tugboat named ’Stanley M’, named after Stanley M. Simpson, the Kelowna businessman who established the first sawmill on Manhattan Point in the 1930s.

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Legal-fees battle starts in title claim that will cost millions

By John Chilibeck
The Telegraph-Journal
October 22, 2025
Category: Business & Politics
Region: Canada, Canada East

The judges at New Brunswick’s highest court are wrestling with how to award costs in the first part of a massive and complex litigation that has entangled the province’s biggest landowners. The New Brunswick Court of Appeal heard arguments from three timber firms that successfully argued their case in preliminary motions in a lower court in the Wolastoqey Nation’s big title claim for about 60% of the province’s territory. …Lawyers for J.D. Irving, Acadian Timber, and H.J. Crabbe and Sons argued that because the case is so complex and important for the rights of all private properties in the disputed territory, they deserve a bigger payout. …The case is expected to cost millions over the years. This is one of the reasons the Liberals say they decided the government should settle the dispute. …The judge said the court would make its decision known at a later date.

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U.S. tariffs on lumber lands New Brunswick economy as one of the most vulnerable in the country: CIBC report

By Laura Brown
CTV News
October 23, 2025
Category: Business & Politics
Region: Canada, Canada East

Susan Holt

New Brunswick’s reliance on the United States for trade in the forestry sector has landed the province with an unfortunate distinction as one of the top provinces impacted by the ongoing tariffs. That’s according to a CIBC forecast on provincial trade, which outlined the provinces that are most exposed and at economic risk. “British Columbia and New Brunswick now appear more at risk, due to the sharp escalation of lumber tariffs, and are no longer expected to outperform the national average next year,” the report states. “Provinces in the rest of Atlantic Canada and the prairies have been more insulated from US trade policy, although Chinese tariffs have been impacting agricultural exports from central Canada.” …New Brunswick Premier Susan Holt has reiterated how much the country needs Canadian lumber. But Holt warned job losses are on the horizon.

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Softwood lumber industry ‘frustrated,’ worried it’s being left out

By Adam Huras
The Telegraph-Journal
October 22, 2025
Category: Business & Politics
Region: Canada, Canada East

Derek Nighbor

The country’s softwood lumber industry is “frustrated,” worrying it’s being left out of a potential trade deal with the US, says the head of the Forest Products Association of Canada. Derek Nighbor says despite the lumber industry being among the hardest hit by US tariffs, while warning of sweeping impacts to mill towns across the county, it feels relegated to the “kids’ table” in talks behind the interests of the steel, aluminium, and energy sectors. …The Association is hosting this week its annual forest policy conference in Ottawa. That’s in hopes to get softwood back to the forefront in trade talks. …Nighbor made a point in his Ottawa remarks to reference pulp and paper mills. “As some of our mills take down time, I’m hearing from pulp mills now that they’re not sure if they are going to be getting the chips they need to feed their mills “.

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Mercer Mass Timber to expand with $30M investment

By Karina Elias
The Spokane Journal
October 23, 2025
Category: Business & Politics
Region: United States, US West

SPOKANE, Washington — A state investment aimed at adding and retaining high-value manufacturing jobs complements a $30 million private investment for an expansion at Mercer Mass Timber in Spokane Valley, a move local leaders say will anchor the company’s future in the region and strengthen Washington state’s manufacturing industry. The $250,000 award, from the Governor’s Economic Development Strategic Reserve Fund, will be administered through Greater Spokane Incorporated. …Joey Gunning, director of economic development at GSI, says the funding will help Mercer install assembly line infrastructure at its 270,000-square-foot Spokane Valley facility. The state grant, he adds, is intended to ensure the manufacturer remains in Washington state as it evaluates future production options and to support job growth in a sector viewed as central to the region’s clean-manufacturing economy. “These funds from the governor’s office need to meet specific industry requirements,” Gunning says. 

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Ohio hardwood industry asks Trump to include them in farmer tariff relief package

By Samantha Hendrickson
The Columbus Dispatch
October 23, 2025
Category: Business & Politics
Region: United States, US East

The hardwood industry that crafts much of our homes’ interiors says it’s suffering under the Trump administration’s trade war and wants the same relief promised to the country’s farmers. Over 450 loggers, manufacturers and distrubutors of hardwood, including 54 from Ohio, are asking for inclusion of the U.S. hardwood sector in any tariff relief programs. The industry, they argue in a letter to the Trump administration, plays a “critical role” in rural economies and communities and has lost billions since the first trade war between the U.S. and China in 2018. …The Ohio forest products industry has a state economic impact of over $30 billion per year, according to the Ohio Forestry Association. There are approximately 8 million acres woodlands in Ohio, much of which is hardwood, and around 50,000 people are directly employed in forest products manufacturing and services in Ohio.

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Choctaw County, Mississippi celebrates Southeastern Timber Products mill expansion

By Veronica Mejia
WTVA.com
October 22, 2025
Category: Business & Politics
Region: United States, US East

ACKERMAN, Mississippi — A major player in Mississippi’s timber industry is investing resources and capital in Choctaw County. Southeastern Timber Products—an STP-TOLKO Partnership—held a ribbon-cutting ceremony on Wednesday for an expansion at its facility in Ackerman. The $120 million expansion project included a new sawmill line, new dry kilns and storage facilities. This led to the creation of 40 new jobs. Gov. Tate Reeves attended Wednesday’s ceremony. “The great thing about these timber products businesses, they also buy a lot of timber from landowners…over 15 counties,” the governor explained. “So people all over north and north-central Mississippi are going to benefit from this capital investment made by Southeastern Timber Products. I couldn’t be more excited for the county, for the region and for our entire state.” Southeastern Timber manufactures southern yellow pine lumber, timber and decking products.

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Arkansas timber industry in crisis as market demand plummets

By Andrew Mobley
KATV Arkansas
October 23, 2025
Category: Business & Politics
Region: United States, US East

LITTLE ROCK — Arkansas’ leading industry, agriculture, is facing a crisis. But it’s not just row-crop farmers that are struggling — the forestry industry is as well. The market for timber has become so bad that mills are closing and loggers are getting out of the business. “This is devastating to the timber industry in South Arkansas. Eight of the last 11 weeks, we have experienced mill closures in Arkansas, some permanent, some temporary,” said John Dawson, president of Arkansas Pulpwood Co. in Camden. “We’re seeing loggers drop out. Lifelong families that are two, three, four generations of loggers are getting out of the business. Banks in South Arkansas are moving away from loaning money to loggers,” Dawson said. As you’d expect, demand for paper has plummeted. …But demand for lumber is down too. …There’s simply too much supply for the diminishing demand.

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The Society of Plastics Engineers and the Plastics Industry Association are merging

By Don Loepp, Editor
Plastics News
October 23, 2025
Category: Business & Politics
Region: International

For decades, we’ve said that the plastics industry needs to speak with a unified voice. …But let’s be honest: It hasn’t always been easy to achieve. Different sectors of the industry have different priorities. …But when cooperation is possible it can elevate the entire industry. That’s why I believe the planned merger of the Society of Plastics Engineers and the Plastics Industry Association is a smart, strategic move. …This isn’t just about cost savings or operational efficiency, although those benefits will come. It’s about mission alignment. The plastics industry is under intense public and political scrutiny, and frankly, it can’t afford fragmented messaging or siloed outreach efforts. By bringing together the technical expertise and global reach of SPE with the advocacy and policy influence of the Plastics Industry Association, the merged organization has a chance to advance shared goals.

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Finance & Economics

What Lumber And Steel Futures Are Telling Flatbedders As We Wrap Up 2025

By Adam Wingfield
FreightWaves
October 27, 2025
Category: Finance & Economics
Region: Canada, United States

Let’s keep this simple: lumber and steel are two of the biggest drivers of flatbed freight in this country. …So where are we right now, closing out 2025? Lumber futures are sliding off their highs and steel demand is soft with some pockets still running hot. That combination is sending a pretty clear message to flatbed haulers: expect mixed demand instead of broad “every lane is on fire” demand. Some regions will stay busy. Some will get quiet. …Lumber futures have fallen back into the $590–$610/mbf range, down double digits from that August spike, and recently touched the lowest levels in weeks. …There are two main reasons for that weakness: Housing affordability is still brutal. Inventory is sitting. So instead of steady flatbed freight — lumber from mill to yard, yard to jobsite, jobsite to next jobsite — you get pauses. …Lumber and steel tell the truth before the broader market does. 

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Lumber futures tumbled toward $590 per thousand board feet

Trading Economics
October 23, 2025
Category: Finance & Economics
Region: Canada, United States

Lumber futures tumbled toward $590 per thousand board feet, a near one-month low, as weakening US housing activity and pre-tariff front-loading left wholesalers awash with stock while stacked US duties on Canadian imports and trade uncertainty pushed prices lower. US homebuilding has slowed, with housing starts falling 8.5% in August to a 1.307 million annualized pace and building permits drifting lower. Many US buyers front-loaded inventories ahead of expected import tariffs earlier this autumn, leaving distributors to work down excess stock before fresh order flow returns. On the supply side, a 10% Section-232 tariff added in mid-October atop roughly 35% in existing duties lifted border costs above 45% for many Canadian shipments, forcing sellers to find new markets or accept lower domestic prices. Producers like Interfor have trimmed output since mid-October, but the cuts are too recent to significantly reduce inventories or regional log supply.

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West Fraser Timber reports Q3, 2025 net loss of US$240 million

West Fraser Timber Co. Ltd.
October 22, 2025
Category: Finance & Economics
Region: Canada, United States, International

VANCOUVER, BC — West Fraser Timber reported the third quarter results of 2025. Third quarter sales were $1.307 billion, compared to $1.532 billion in the second quarter of 2025. Third quarter earnings were $(204) million, or $(2.63) per diluted share, compared to earnings of $(24) million, or $(0.38) per diluted share in the second quarter of 2025. Third quarter Adjusted EBITDA was $(144) million compared to $84 million in the second quarter of 2025. …”There’s no escaping that supply and demand imbalances persist for many of our wood-based building products in an environment where elevated mortgage rates continue to impact housing affordability. And this challenging backdrop has now been joined by increased duty rates and new Section 232 tariffs on Canadian softwood lumber,” said Sean McLaren, West Fraser’s CEO. …Several key trends that have served as positive drivers in recent years are expected to continue to support medium and longer-term demand for new home construction in North America.

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September inflation report muddies the water for the Bank of Canada

By Craig Lord
The Canadian Press in BNN Bloomberg
October 21, 2025
Category: Finance & Economics
Region: Canada

OTTAWA — Some economists say surprisingly strong September inflation figures will give the Bank of Canada pause ahead of its interest rate decision next week. Annual inflation accelerated to 2.4% last month, Statistics Canada said Tuesday. That’s a jump of half a percentage point from 1.9% in August and a tick higher than economists’ expectations. …The September inflation report will be the Bank of Canada’s last look at price data before the central bank’s next interest rate decision on Oct. 29. The central bank lowered its benchmark interest rate by a quarter point to 2.5% at its last decision in September. The Bank of Canada’s preferred measures of core inflation showed some stubbornness in September, holding above the three per cent mark. “This will make the Bank of Canada’s decision a bit more interesting next week than previously expected,” said BMO chief economist Doug Porter.

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US cabinet sales of were down 5.6% for September 2025 compared to 2024

Kitchen Cabinet Manufacturers Association
October 24, 2025
Category: Finance & Economics
Region: United States

Cabinet manufacturers in the US.reported total sales of $190.9 million in September 2025, marking a 5.6% decrease from $202.2 million in September 2024. The largest decline came from semi-custom cabinet sales, which dropped 6.7% to $107.4 million. Custom cabinet sales fell 5.5% to $53.8 million, while stock cabinet sales edged down 1.2% to $29.7 million. Total cabinet quantity shipped fell to 492.4 thousand units, an 8.7% year-on-year decrease, according to the Kitchen Cabinet Manufacturers Association. Cumulative sales for the first nine months of 2025 reached $1.76 billion, down 6.5% from $1.88 billion in the same period of 2024. Stock cabinet sales recorded the sharpest year-to-date drop at 12.7%, totaling $280.9 million. Custom sales decreased 5.8% to $476.8 million, while semi-custom sales declined 4.9% to $1 billion. …The association estimates the overall market for September at $1.83 billion in sales and 4.8 million cabinets.

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Fannie Mae Publishes October 2025 Economic and Housing Outlook

Fannie Mae
October 24, 2025
Category: Finance & Economics
Region: United States

The Fannie Mae Economic and Strategic Research (ESR) Group revised its forecast for real gross domestic product (GDP) growth to 1.9% in 2025 and 2.3% in 2026 on a Q4/Q4 basis, up from 1.5% and 2.1%, respectively, in the last outlook. The ESR projects the Consumer Price Index to rise 2.9% in 2025 and 2.7% in 2026 on a Q4/Q4 basis, down from 3.1% and up from 2.6% in September’s forecast, respectively. Core CPI is expected at 3.1% and 2.6% on the same basis, both slightly lower than prior forecasts. Mortgage rates are expected to end 2025 at 6.3% and 2026 at 5.9%, compared to 6.4% and 5.9%, respectively, in the prior forecast. Total home sales are projected at 4.74 million units in 2025, up from 4.72 million in the prior forecast, and 5.16 million in 2026, unchanged from before. The ESR now expects home prices to rise 2.5% in 2025 and 1.3% in 2026, compared to 2.8% and 1.1%, respectively, in its prior outlook.

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US inflation picks up in September showing tariff pressure on prices continues to materialize gradually

By Fan-Yu Kuo
NAHB Eye on Housing
October 24, 2025
Category: Finance & Economics
Region: United States

Inflation increased in September to the fastest pace since the start of the year, showing tariff pressure on prices continues to materialize gradually, according to the Bureau of Labor Statistics (BLS) latest report. …Meanwhile, shelter inflation remained unchanged from last month and continued its downward trend, though it remains higher than pre-pandemic levels. Though inflation is likely to remain elevated this year, the Fed is expected to continue easing given signs of labor market weakening. …During the past twelve months, on a non-seasonally adjusted basis, the Consumer Price Index (CPI) rose by 3.0% in September, the highest reading since January 2025. Excluding the volatile food and energy components, the “core” CPI increased by 3.0% over the past twelve months. A large portion of the “core” CPI is the housing shelter index, which increased 3.6% over the year, the lowest reading since October 2021. 

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Billerud reports positive Q3, 2025 earnings

Investing.com
October 23, 2025
Category: Finance & Economics
Region: United States, International

Swedish paper and packaging company Billerud reported Q3, 2025 earnings of SEK1,058 million, exceeding consensus estimates by 27% and showing improvement from the SEK912 million in the first quarter of 2025. The European segment delivered EBITDA of SEK652 million, surpassing analyst expectations of SEK481 million despite challenging market conditions, downtime, and oversupply issues. Third-quarter shipments totaled 624,000 tons, which represents a 9% decrease compared to the five-year average.North American operations contributed SEK467 million to EBITDA, beating consensus of SEK434 million, supported by solid conditions in graphic and label paper markets. U.S. tariffs have provided additional support for domestic producers.

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How COVID-19 Reshaped the U.S. Labor Market and Housing Demand

By Jing Fu
NAHB Eye on Housing
October 22, 2025
Category: Finance & Economics
Region: United States

Between February 2020 and June 2022, the US labor market experienced the deepest downturn on record followed by the fastest recovery in at least a century. The COVID-19 pandemic disrupted every corner of the economy. Yet, in just two years, the labor market rebounded with remarkable speed, marking a historic recovery that continues to reshape both employment trends and the broader economy. …The path of recovery varied widely across industries. Among all the major industries, the leisure and hospitality sector was hit the hardest, losing approximately 8.2 million jobs—nearly half their workforce—in just two months. …Construction lost around 1.09 million jobs but has experienced a robust recovery, now standing at 109% of the February 2020 level. …The mining and logging sector, which lost 145,000 jobs, continues to lag, with employment still at just 89% of its February 2020 level. These industries continue to face challenges in returning to their pre-pandemic workforce size.

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International Softwood Conference charts performance of European softwood markets

By Stephen Powney
The Timber Trades Journal
October 27, 2025
Category: Finance & Economics
Region: International

European softwood markets have endured another challenging year but there is renewed hope for 2026, delegates at the International Softwood Conference (ISC) have heard in Norway. The October 22/23 event in Oslo was the 73rd edition of the ISC and was hosted by the Treindustrien, which co-organized the event with the two usual partners: the European Organization of the Sawmill Industry (EOS) and the European Timber Trade Federation (ETTF). The event drew over 260 participants from around the world. An economic overview of the sector was delivered by Johan Freij, who stressed the exceptional uncertainty facing the world today, with many trends pointing to structural inflation affecting economies for the years to come. On the brighter side, he said injections of cash into the European economy could revive the European outlook. Key points mentioned by speakers included challenges in terms of log supply, but promising signs, including the potential to improve log yields.

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Metsä Group posts Euro 27 million operating loss as pulp demand weakens

Metsä Group in the Lesprom Network
October 23, 2025
Category: Finance & Economics
Region: International

Metsä Group reported a comparable operating loss of Euro 27 million for the first nine months of 2025, down from a Euro 170 million profit a year earlier, as deteriorating market conditions pressured its core businesses. Net sales increased to Euro 4.51 billion from Euro 4.27 billion, but operating profitability fell to -0.6% of sales. The drop was primarily driven by weak demand for pulp in Europe and China, and a slowdown in US paperboard orders following tariffs, according to Metsä Group. Demand for market pulp was particularly weak in China, where average sales prices declined by 7% from the previous quarter. …Looking ahead, the company expects softwood pulp demand to remain weak due to competition from hardwood pulp and subdued paper demand. Paperboard deliveries are expected to decline slightly in Q4. Demand for tissue remains stable, but uncertainty persists in greaseproof papers due to Chinese competition.

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Wood, Paper & Green Building

Ireland must realise ‘massive opportunity’ to build more with wood

By Kathleen O’Sullivan
AgriLand Ireland
October 22, 2025
Category: Wood, Paper & Green Building
Region: International

Ireland must realise the “massive opportunity” that exists as timber construction is set to triple market value and deliver climate action, Forest Industries Ireland (FII) said. The director of FII, Mark McAuley has welcomed a recent report from the Timber in Construction Steering Group which outlines a roadmap for the timber sector to become a central pillar in meeting Ireland’s urgent housing needs and Climate Action Plan targets. The report, Market Opportunities for Timber Construction in Ireland, projects significant growth in timber usage and details strategic steps necessary to transform the construction industry. Mark McAuley welcomed the report as a “signal to farmers of the potential value of planting trees on their land, with such high future demand for timber”. McAuley said: “We have a massive opportunity to build more with wood in Ireland.

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Forestry

North Cowichan mayor wants answers on timber harvesting

The Ladysmith Chemainus Chronicle
October 27, 2025
Category: Forestry
Region: Canada, Canada West

North Cowichan Mayor Rob Douglas has, again, sent a letter to Minister of Forests Ravi Parmar asking the province to help increase the amount of timber that the municipality’s saw and pulp mills have access to. Douglas said that three tree-farm licenses held by Western Forest Products supply much of the timber and fibre for local mills. He said that improving access to timber in these areas could help stabilize mill operations and reduce the impact of challenging market conditions and trade pressures. Douglas said Parmar’s mandate is to ensure a sustainable land base to enable the harvest of 45-million cubic metres of timber while the province is on track to harvest only 29-million cm this year. …The Domtar pulp mill in Crofton, along with Western Forest Products’ sawmills and remanufacturing plant in Chemainus and Cowichan Bay, collectively employ more than 670 workers and generate $7.7 million per year in property taxes for North Cowichan.

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How this ‘exceptional’ drought is changing Northwest Territories forests and fires

By Claire McFarlane
Cabin Radio
October 27, 2025
Category: Forestry
Region: Canada, Canada West

For the Northwest Territories government’s 2024 Forest Health Report, published last month, researchers were only able to survey about one third of the area they would normally study. Smoke from nearby wildfires reduced visibility for crews on the ground and in the air, making it difficult for researchers to do their work. Even so, one of the report’s findings is the sheer impact of a drought that has covered much the NWT since June 2022 – and its effect on forests. Of about four million hectares of forest surveyed by researchers in 2024, more than 220,000 hectares showed stresses from either the ongoing drought or the high water of 2020 and 2021, the report asserted. Because the survey work was limited by factors like smoke, researchers think the real extent of the issue “is likely substantially larger.” …Drought can contribute to tree and plant mortality, which in turn creates fuel for wildfires. 

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A documentary highlighting the 2021 Fairy Creek standoff makes its Nova Scotia debut

By Emily Baron Cadloff
The Canadian Press
October 26, 2025
Category: Forestry
Region: Canada, Canada East

HALIFAX – A documentary on BC’s Fairy Creek blockade is making waves in Nova Scotia. “Fairy Creek” covers a period of eight months in 2021, when thousands of activists blockaded logging roads leading to old-growth forests on Vancouver Island. …Now, it’s getting a Nova Scotia debut with screenings in Halifax, Tatamagouche, Inverness, Annapolis Royal and Wolfville. …Neal Livingston, a Nova Scotia filmmaker, says… “We don’t have a history of that (in Nova Scotia).” Livingston says the film is especially timely for Nova Scotians, as activists in Cape Breton say they have been targeted by recent legislation. …The province introduced an omnibus bill that would make blocking forest access roads illegal and come with a fine of up to $50,000 and/or six months in jail. This fine is a steep increase from the current $2,000 penalty.

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Fix Our Forests Act advances toward becoming law in US

By Hunter Bassler
Wildfire Today
October 21, 2025
Category: Forestry
Region: United States

The bipartisan Fix Our Forests Act passed out of the Senate Agriculture Committee on Tuesday morning, marking the first advancement of the bill since it previously stalled in committees under both the Biden and the previous Trump administration. The Act would create an interagency Fireshed Center focused on wildfire prediction and tracking, establish fireshed management areas in forests with high wildfire risks, and expedite the review of wildfire-related forest management projects under the National Environmental Policy Act. The act has gained support from lawmakers on both sides of the aisle, along with numerous environmental and wildfire-focused organizations. Critics of the Act claim it would further open up forests to logging and allow a large-scale rollback of the Endangered Species Act, National Historic Preservation Act, and National Environmental Policy Act.

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Bureau of Land Management Seeks Public Input on Proposal to Rescind Public Lands Rule Affecting Western Oregon Forests

By John Oliver
Grants Pass Tribune
October 26, 2025
Category: Forestry
Region: United States, US West

OREGON — The Bureau of Land Management is seeking public comments on its proposal to rescind the Conservation and Landscape Health Rule, adopted in 2024. The rule was designed to elevate conservation as a recognized use of federal lands, placing it on equal footing with traditional uses such as grazing, recreation, and timber harvesting. …The Rule aimed to modernize how the BLM manages its 245 million acres nationwide, emphasizing ecological health, habitat restoration, and the use of science and Indigenous knowledge in planning decisions. Supporters of the rule have described it as an effort to ensure the long-term sustainability of public lands amid growing challenges such as wildfire risks. However, its implementation drew opposition from some state and local officials in the West, including timber industry representatives and rural county leaders, who warned that the new policy could restrict economic activities on public lands and diminish local control over forest management.

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Plan that settled ‘timber wars’ faces new test

By Mark Heller
E&E News by Politico
October 22, 2025
Category: Forestry
Region: United States, US West

EUGENE, Oregon — With the Trump administration poised to rewrite forest management policy, groups are on guard for changes to climate and lumber harvesting sections. Travis Joseph has a message for environmental groups worried that the Pacific Northwest’s oldest trees are about to fall to loggers: Timber companies don’t really want to cut them down. Joseph, who heads a timber industry group and is a former aide to ex-Democratic Rep. Peter DeFazio of Oregon, made that proclamation. …“I love these trees, too,” said Joseph, CEO of the American Forest Resource Council (AFRC). “But they’re at risk. Let’s save them. Let’s come in here and protect them.” Joseph’s group says the threat to big trees in western Oregon — these giants were 5 or 6 feet across at the trunk — isn’t logging. It’s wildfire that’s becoming a bigger menace as climate change makes summers hotter and reduces the winter snowpack. [to access the full story a subscription is required]

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Montana sawmill adapts to industry changes

By Evan Charney
KTVH Helena Montana
October 20, 2025
Category: Forestry
Region: United States, US West

CLANCY, Montana — Healthy forests depend on a strong forest products industry. Sawmills help support thousands of Montana jobs, reduce wildfire risks, and provide a renewable resource. Despite recent mill closures in Missoula and Seeley Lake, Marks Lumber in Clancy continues to carry on. …Both Roseburg Forest Products in Missoula and Pyramid Mountain Lumber in Seeley Lake closed last year. Marks Lumber has been open for 36 years, and they have adapted to industry changes before. “ …In light of the recent closures, they have made some changes, including shifting to more board production (processed wood) rather than the raw tree, which is more expensive to manufacture, and slowing down on how much logging they do. Marks Lumber also had to change where their sawdust and chips go. Roseburg used to buy that material, but now they send them to Weyerhaeuser Forest Products in Columbia Falls.

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Carbon, Climate & Bioenergy

Crews working to extinguish fire inside wood pellet dome at Port of Pascagoula

WLOX TV
October 21, 2025
Category: Carbon, Climate & Bioenergy
Region: United States, US East

PASCAGOULA, Mississippi — A fire is burning inside one of the wood pellet domes at the Port of Pascagoula. The fire started Monday afternoon inside one of the two Enviva domes at the port. Jackson County Emergency Management Director Earl Etheridge said there is no danger of explosion. Jackson County firefighters are on scene to assist Enviva and port crews. The fire started Monday afternoon inside one of the two Enviva domes at the port. …Etheridge says that Enviva is injecting the dome with pressurized nitrogen to suppress the fire. The fire is contained to the dome. Crews are working to offload the 20,000 metric tons of wood pellets.

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Google expands climate strategy to target methane and other superpollutants

ESG Post
October 21, 2025
Category: Carbon, Climate & Bioenergy
Region: International

Google has announced plans to address greenhouse gases beyond carbon dioxide by purchasing credits to support the emerging market for removing short-lived but highly potent “superpollutants.” The company will buy up to 25,000 tonnes of superpollutant-destruction credits by 2030 from two organisations, Recoolit and Cool Effect—equivalent to about one million tonnes of CO₂ removal over the long term. While carbon dioxide remains a key focus, Google said gases such as methane, hydrofluorocarbons (HFCs), chlorofluorocarbons (CFCs) and nitrous oxide have a much greater near-term warming impact. “It’s the right thing to do for the planet,” said Randy Spock, Google’s carbon credits and removals lead. “CO₂ is obviously very important… but if we think only about CO₂, then we’re just looking at one piece of the puzzle.” …Sam Abernethy, a climate scientist at Spark Climate Solutions, said: “Superpollutants only get a few percent of climate finance… that’s a misallocation given their importance.”

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Record-breaking CO₂ rise shows the Amazon is faltering — yet the satellite that spotted this may soon be shut down

By Paul Palmer and Liang Feng, University of Edinburgh
The Conversation UK
October 21, 2025
Category: Carbon, Climate & Bioenergy
Region: International

Atmospheric carbon dioxide (CO₂) rose faster in 2024 than in any year since records began. …Our new satellite analysis shows that the Amazon rainforest is struggling to keep up. And worryingly, the satellite that made this discovery could soon be switched off [due to proposed NASA budget cuts.]. Systematic measurements of CO₂ in the atmosphere began in the late 1950s. …Across six decades of measurements, CO₂ has gradually increased.  …The largest change was over the Amazon, where much less CO₂ is being absorbed. Similar slowdowns also appeared over southern Africa and southeast Asia, parts of Australia, the eastern US, Alaska and western Russia. Conversely, we detected more carbon being absorbed over western Europe, the US and central Canada. …It’s not yet clear whether 2023-24 is a short-term blip or an early sign of a long-term shift. But evidence points to an increasingly fragile situation, as tropical forests are stressed by hot and dry conditions.

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