Ken Kalesnikoff & David Eby
BC Wood announced that Premier David Eby will open the 22nd Annual Global Buyers Mission (GBM) and deliver the welcoming remarks on Friday, September 5th, before the tradeshow begins. This shows the significance of the GBM to British Columbia’s forestry and value-added wood industry, with the Premier joining us to explore the tradeshow floor and engage directly with the delegates. Premier Eby’s presence highlights the critical role of BC’s wood and forestry sector in driving innovation, sustainability, and economic growth. As one of the largest events of its kind in Canada, the GBM brings together over 700 delegates from around the globe, fostering connections that generated over $34 million in new business last year alone. For 22 years, the GBM has been a staple for generating business for Canada’s wood manufacturers. This showcases to international delegates, Canada’s wood manufacturing capabilities as some of the finest in the world.
The US and Canada are fighting about lumber once again. The neighbors have feuded over softwood lumber since the 1980s. The US has periodically put in place duties to counteract what it claims are unfair subsidies and sales of lumber priced below market value. …Canada has long resisted changing its trade practices on lumber. But as the Trump administration has become more bellicose about its trade relationship with Canada, the country’s stance may be softening. On July 16, BC Premier Eby said that Canadian officials are now open to putting a quota on the amount of lumber exported to the US. The increased fees will benefit foresters in the US South… but the US would struggle to offset the lumber it gets from Canada in the short-term, potentially driving up housing prices. Here’s what to know about the commodity that has long dominated US-Canada trade tensions. [to access the full story a Bloomberg subscription is required]
Since Feb. 1, 2025, Canada has been plunged into a major trade war, triggered by U.S. President Donald Trump. …These measures threaten thousands of jobs and destabilize the deeply integrated supply chains between the two countries. This is not the first time Canada has faced such a threat. In 2018, similar tariffs were imposed by the same president but lifted in 2019 with the conclusion of the CUSMA. The difference today is the far greater scale and scope of the trade war. …The USW calls for a robust industrial strategy to reduce Canada’s dependence on U.S. trade. Priority must be given to steel, aluminum, wood and materials manufactured in Canada in all government-funded projects. Public money must be used to support Canadian jobs. The union is also calling for a tax credit to encourage the procurement of Canadian-manufactured goods, as well as the creation of strategic reserves of critical minerals to stabilize demand and secure supply chains.
The US lumber industry says new financial support pledged by Canada to domestic forestry companies risks deepening the neighbors’ long-running trade dispute, and may result in yet more import taxes. Last week Prime Minister Mark Carney promised as much as C$1.2 billion in loan guarantees, grants and contributions for Canadian sawmills to pursue product development and market diversification — in response to what he said were unjustified US import taxes. Three days later, US Department of Commerce separately confirmed it would more than double combined anti-dumping and countervailing duties on Canadian softwood lumber. …“We will absolutely be asking Commerce to look at whether companies received a distortive benefit from this package,” said Whitney Rolig, who acts as lead attorney for the US Lumber Coalition. …The Quebec Forest Industry Council said that “even the Department of Commerce has long since ceased to consider loan guarantees as subsidies,” and the aid package also aims to boost domestic demand.
It will take time to fully understand the implications of a landmark court ruling that appears to place Aboriginal title in British Columbia above standard private property rights. But already, there’s a fierce political debate. The BC Supreme Court ruled that the Cowichan Tribes holds title over federal, city and private land in Richmond that it historically used as a fishing village. This title sits higher in the legal hierarchy than fee simple land rights of other current owners. The ruling could set a precedent that fundamentally changes the security of standard private property in B.C. …Eby’s comments hit at the core of the fallout — that with most of British Columbia identified by First Nations as traditional territory, the court ruling could scare away not only the general public but businesses considering investing in the province. …But Justice Young appeared to set a new precedent by calling Aboriginal title the “senior interest in land vis-a-vis the fee simple titles.”
As of mid-2025, the global tariff environment has grown increasingly unpredictable. The United States has reinforced its protectionist stance with new and expanded duties aimed at key trade partners. Most notably, a 50% tariff on imports from Brazil was enacted, targeting a wide range of products. Wood pulp and certain industrial inputs were explicitly exempted, though lingering confusion around the policy’s scope has led companies to reassess sourcing strategies. …Many of the early US tariffs implemented—such as those targeting Canadian softwood lumber, Chinese finished goods, and EU paperboard products—remain in place. …In response to this complex tariff environment, companies are increasingly focusing on supplier diversification, regional trade agreements, and nearshoring strategies to reduce risk. While some nations—like Mexico and Chile—have emerged as viable alternatives for sourcing pulp, packaging, and paper products, the reshuffling of trade lanes is still underway. 
The pieces might be falling into place for Wyoming’s timber industry to make a strong comeback, legislators and land management officials said. The volume of timber being cut in Wyoming might outpace the state’s few remaining sawmills to meet the demand. The increase in demand coincides with tariffs being placed on Canadian lumber. …Long-term success of expanding the Wyoming timber industry hinges on building back the “local timber industry,” instead of trucking logs to mills in other states, Bighorn National Forest Supervisor Andrew Johnson said. Wyoming timber products could include “finger-jointed two-by-four” boards, as well as wooden posts and poles, he said. Johnson made his remarks before the Wyoming Legislature’s Select Federal Natural Resources Committee. He and other land management officials gave optimistic reports as they informed the committee about the outlook for logging and lumber milling in Wyoming, due to recent state and federal policy changes.
Lumber futures fell toward $610 per thousand board feet, retreating from the May-2022 high of $695.5 seen August 1st as weakening demand, recovering supply and tariff-driven trade distortions jointly sapped pricing power. Demand has cooled sharply with US single-family starts slipping to an 11-month low and building permits plunging, a direct consequence of elevated mortgage rates that curbs the core market for lumber. On the supply side, sawmills remain under-utilized but production has stabilized and Canadian mills are ramping output off a curtailment-heavy base, Statistics Canada shows production and shipments recovering into mid-2025, keeping physical availability ample. Tariffs meant to restrict Canadian flows are, in this oversupplied environment, simply redirecting trade and encouraging inventory build rather than creating scarcity, so inventories remain high and limit upside even as duties rise.
VANCOUVER, BC — Conifex Timber reported results for the first quarter ended March 31, 2025. EBITDA was negative $3.2 million for the quarter compared to EBITDA of $4.9 million in the first quarter of 2025 and negative $7.1 million in the second quarter of 2024. Net loss was $8.3 million for the quarter versus net income of $0.6 million in the previous quarter and net loss of $9.7 million in the second quarter of 2024. …Lumber production in the second quarter of 2025 totalled approximately 35.3 million board feet, representing operating rates of approximately 59% of annualized capacity. Second quarter production was negatively impacted by operating the sawmill on a four-day configuration, necessitated by reduced log availability.
OTTAWA — Canada’s housing crisis may get worse before it starts to show much relief, as new projections say that the number of housing starts will actually decrease this year and next. These new estimates, from both public and private sector housing forecasts, contradict political promises from all levels of government to boost supply of homes across the country. The Canada Mortgage and Housing Corporation (CMHC) forecasts that the total number of housing starts in Canada this year will be about 237,800, down from 245,367 in 2024. CMHC, a Crown corporation that acts as Canada’s national housing agency, also forecasts a drop to no more than 227,734 next year and 220,016 in 2027. Those forecasts are all below the 267,000 annual output for housing starts from 2021-22 and less than half the 480,000 that the CMHC says Canada needs to add each year over the next decade.
Box demand touches nearly every industry, from flat-screen TVs to packaged food, all of which see sales fluctuate based on how flush shoppers feel. …Sales of corrugated cardboard used to make boxes are slumping, signaling that retail demand across industries may be due for a correction. US box shipments fell to the lowest second-quarter reading since 2015, with companies like International Paper Co. and Smurfit Westrock Plc reporting drops in box shipments. The drop in packaging demand appears to be tied to President Donald Trump’s mixed messaging on tariffs, with companies not stocking up on packaging while they wait to find out how the levies will affect costs and demand. [to access the full story a Bloomberg subscription is required]
US mills consumed more recycled paper in 2024 compared to 2023 while exports decrease. The American Forest & Paper Association (AF&PA) recently announced its annual paper recycling rates, with 60%-64% of paper and 69%-74% of cardboard available for recovery being recycled in the United States in 2024. Paper continues to be one of the highest recycled materials in America, supported by successful recycling systems throughout the country. In 2024 alone, 46 million tons of paper was recycled in the U.S., which equates to 125,000 tons of recycled paper being turned into new, essential products like cardboard boxes, paper packaging, and toilet paper every day. …US mills used 1.29 million more tons of recycled paper to make new products in 2024 – that’s 32.7 million tons compared to 31.3 million tons in 2023.
The impact of President Trump’s tariffs on consumer prices is just getting started, according to research by Goldman Sachs Group, adding more uncertainty to a Treasury market that has been gripped by shifting bets on the pace of interest rate cuts. US companies have so far taken the bulk of the hit but the burden will increasingly be passed on to consumers as companies hike prices, economists including Jan Hatzius wrote. Consumers in the US have absorbed an estimated 22% of tariff costs through June, but their share will rise to 67% if the latest tariffs follow the pattern of levies in previous years, they wrote. The net result: faster inflation. The core personal consumer expenditure index, one of the Federal Reserve’s favorite measures of inflation, will hit 3.2% year-on-year in December. They said underlying inflation net of tariffs would be 2.4%. The rate was 2.8% in June.
In 2024, 73% of new single-family homes started were built on slab foundations, according to NAHB analysis of the 
The sternly worded statements and letters are filled with indignation and outrage: Republican US lawmakers say Canada has done too little to contain wildfires and smoke that have fouled the air in several states this summer. …They’ve demanded more forest thinning, prescribed burns and other measures to prevent fires from starting. They’ve warned the smoke is hurting relations between the countries and suggested the US could make it an issue in tariff talks. But what they haven’t done is acknowledge the role of climate change — a glaring and shortsighted omission, according to climate scientists. It also ignores the outsized US contribution to heat-trapping gases that cause more intense heat waves and droughts, which in turn set the stage for more destructive wildfires, scientists say. …“I don’t think there’s much they can do,” said Michigan climate scientist Jonathan Overpeck. He noted that hotter temperatures are melting permafrost in northern Canada.
CALGARY, Alberta — Wildfire season is in full effect across much of Canada, and Canadians are facing significant impacts. …Corey Hogan, Parliamentary Secretary to the Honourable Tim Hodgson, announced $45.7 million in funding for 30 projects across Canada through Natural Resources Canada’s Build and Mobilize Foundational Wildland Fire Knowledge program. These projects are driving research focused on protecting Canadians from the growing threat of wildfires, strengthening wildfire risk assessments and improving mitigation and adaptive forestry practices. We are also helping Indigenous communities access the tools needed to lead on wildfire readiness in their communities and backing Indigenous-led projects that support fire stewardship.
The Trump administration wants to scrap a rule that protects tens of millions of acres of national forest from road-building and large-scale logging—but its zeal to log will face a reality check from government downsizing, possible litigation, and even a soft timber market. The US Forest Service is grappling with budget cuts and staffing shortages. At the same time, environmental groups are already gearing up for legal battles, arguing the so-called Roadless Rule safeguards endangered species, clean water, and biodiversity. “The administration can sprint and rescind the Roadless Rule, but then what?” said Murray Feldman, at Holland & Hart LLP in Boise. “It seems like a moonshot to try to reverse decades of national forest management plans by revoking one specific set of rules. But we’ll see.” …The Forest Service hasn’t taken any official steps to rescind the Roadless Rule since Rollins’ announcement in June. 
Cole Lindsay, the Oregon Department of Forestry aviation coordinator, said firefighters would typically have to hike into the dark canyon to check for new fires — a time-consuming and potentially dangerous task on a wildfire that had already roared to 23,890 acres in Wheeler County. But technology has advanced. Instead of sending people, Lindsay sent a drone equipped with an infrared camera to sweep across the canyon. “The cameras and sensors are so good that it would have seen something way before the human eye,” Lindsay said. …The Oregon Department of Forestry has 29 pilots. In 2024, ODF and its contractors flew 482 drone missions, 364 of which were for fire purposes. Out of 136 hours of flight time, 98.5 hours were on fire missions. So far in 2025, ODF, excluding its contractors, have flown 41 missions totaling 14 hours. Out of those 14 hours, 7.9 hours were for fire purposes. 
The First Minister has today opened a new £26 million facility to help grow more trees for Scotland’s forests and woodlands. Newton Tree Nursery, near Elgin, will support Forestry and Land Scotland to almost treble their tree production – from seven million to nearly 20 million trees per year by 2029. It will help support the sustainable management of Scotland’s national forests and land and help tackle the climate emergency, while also supporting the rural economy. Seedling operations at the redeveloped tree nursery began in March 2025 and 12 million trees have already been established within the glasshouse. The new nursery is the UK’s largest and most advanced tree-growing glasshouse and sets a new standard for bio secure, sustainable, and high-volume forest nursery production. The facility ensures that an adequate supply of high-quality trees is available to supply the publicly managed forests of Scotland with those forests supporting rural economies, providing flood mitigation, improving biodiversity and sequestering carbon.
VICTORIA — BC Wildfire Service said an out-of-control wildfire burning on Vancouver Island near Cameron Lake could generate smoke for the “coming weeks, and potentially the coming months.” The warning appears in a video that BCWS posted Sunday as part of a larger update on the Wesley Ridge wildfire. “The public will be seeing smoke at the height of land here on Wesley Ridge for the coming weeks, and potentially, the coming months,” said operations sections chief Beau Michaud while seen standing on a temporary helicopter landing pad fashioned out of logs. But Michaud added that he does not expect the fire to impact Highway 4 connecting communities along the western shore of Vancouver Island with communities on the eastern shore.
Fires, storms and the potential for near-record high temperatures across the western US are in the offing for the coming week. The Gifford Fire, about 125 miles northwest of Los Angeles, had burned 113,648 acres and was 21% contained through Saturday, according to Cal Fire. So far, 809 people have been evacuated and the Los Padres National Forest was closed because of the flames. There are 3,935 fire crews and support staff on the scene, and at least seven have been injured, according to a joint statement by Cal Fire, the US Forest Service and several local agencies. The Gifford blaze is the largest of 14 fires across the state. …Large wildfires in Colorado have also caused air quality to drop there, the U.S. National Weather Service said. …Meanwhile, smoke from forest fires in Canada has once again crossed into the US, causing air quality alerts to be posted in Minnesota and parts of Wisconsin.
At least three people have died in a scorching heatwave that is fuelling dozens of wildfires across parts of southern Europe, forcing thousands of people from their homes. Red heat alerts have been issued in parts of Italy, France, Spain, Portugal and the Balkans, warning of significant risks to health as temperatures push above 40C (104F). Spain’s weather service Aemet said temperatures could reach 44C (111.2F) in Seville and Cordoba, while southern Portugal could also hit 44C. In Spain, an equestrian centre employee died after suffering severe burns in Tres Cantos, near Madrid, where winds over 70km/h (43mph) drove flames near homes, forcing hundreds to flee. In Spain’s north-western region of Castile and Leon, almost 4,000 people were evacuated and more than 30 blazes were reported. Another 2,000 people were evacuated from hotels and homes near the tourist hotspot of Tarifa. …In neighbouring Portugal, firefighters battled three large wildfires.