Blog Archives

Special Feature

How to save Canada’s troubled forestry industry

BY Tom Browne, Warren Mabee and Peter Milley
The Globe and Mail
February 18, 2026
Category: Special Feature
Region: Canada

The past few years have been tough for Canada’s forest industry. …In response to US tariffs and as a partial solution to our continuing housing crisis, Prime Minister Carney has made a commendable move, providing support for the lumber industry and setting a target of doubling housing starts. He’s also announced the Canadian Forest Sector Transformation Task Force. Achieving Mr. Carney’s targets for the forestry sector will require transformation of our wood products and construction industries. …When a log is cut up for lumber, about 40% of the tree is converted to residual chips, and without demand for wood chips to make paper, production of lumber will not be viable. New, alternative uses for those residuals become essential. One option would be to replace a number of idled pulp mills with a couple of large, modern mills.

…New pulp mill designs act as biorefineries, making a range of products. Heat can be exported to district heating plants and power to the grid. Methanol, also known as wood alcohol, can be used in various industrial processes. Currently, methanol is made largely from natural gas, so replacing this product with wood-based spirits offers a carbon advantage. Lignin extracted from pulp mills can be used to displace petroleum-based incumbents in a range of products such as plywood glues and polyurethanes. Currently, because of the steep decline in demand for our pulp and paper products, we are only cutting half the wood that provincial forest ministries deem sustainable. This leaves large amounts of biomass in the forests, which can amplify the threat of wildfires. Reinvesting in our forest sector can help us to lower the risk of catastrophic fires going forward. [to access the full story a Globe and Mail subscription is required]

Read More

Business & Politics

U.S. lumber group expands list of complaints against Canadian softwood producers

By Brent Jang
The Globe and Mail
February 19, 2026
Category: Business & Politics
Region: Canada, United States

The US Lumber Coalition has expanded its list of complaints against Canadian softwood producers. The group has presented nine “new subsidy allegations,” claiming that Canadian producers benefit from federal government programs, including one that offers refundable tax credits for clean technology such as solar power. …The Commerce Department is investigating the nine new allegations put forward by the group. Canada has repeatedly rejected American arguments that Canadian producers benefit from subsidies and also denies dumping. …One of the group’s complaints targets a federal program in Canada, open to eligible forestry companies, that provides refundable tax credits for carbon capture, utilization and storage. In addition, the group’s allegations name provincial programs in BC, Alberta, Ontario and Quebec. …The Commerce Department deferred a potential probe, suggested by the Coalition, into cases pertaining to alleged subsidies for long-term timber tenures in BC and Alberta. [to access the full story a Globe & Mail subscription is required]

Read More

Penticton’s Structurlam bankruptcy fight over $80M US Walmart claim returns to court

By Brennan Phillips
The Summerland Review
February 12, 2026
Category: Business & Politics
Region: Canada, United States

Almost three years after declaring bankruptcy, and more than two years under new owners, legal proceedings for Penticton’s Structurlam are continuing through the courts as it fights with the company that sent it into bankruptcy in the first place. In January, the case returned to the BC Supreme Court in Vancouver to order two Canadian engineering firms to produce documents and reports for the proceedings as Structurlam faces $80 million US in claims from Walmart, according to a decision published on Feb. 11. In 2023, Structurlam began bankruptcy proceedings after Walmart ended its contract to build the company’s new home office campus in Arkansas. …In July, Walmart filed a claim for over $80 million US for allegedly defective, nonconforming, rejected, nondelivered, or returned goods that it had paid for and alleged costs to replace said goods. The January 2026 B.C. Supreme Court decision orders two engineering firms to provide their documentation.

Read More

Six House Republicans defy Trump to block his Canada tariffs

By Sarah Ferris and Veronica Stracqualursi
CNN Politics
February 11, 2026
Category: Business & Politics
Region: Canada, United States

WASHINGTON, DC — In a vote that GOP leaders fought hard to avoid, a half dozen Republicans sent a blunt message to President Trump that they do not support the tariff regime that he has made the centerpiece of his second term. Six Republicans joined with Democrats in the vote to effectively repeal the president’s tariffs on Canada, the culmination of months of consternation in the GOP over the president’s trade war that has quietly rattled even some of his staunchest loyalists in Congress. …The Senate has already passed a similar measure to cancel Trump’s tariffs on Canada, which — unlike most measures — can be passed with a simple majority rather than 60 votes. But even if the Senate does agree to this same House measure, Trump would still have the power to veto it. The House did not secure enough votes to protect a veto override.

In related coverage: 

Read More

Reopening of trade negotiations a sign of hope for Canadian businesses

By Adrian Ghobrial
CTV News
February 11, 2026
Category: Business & Politics
Region: Canada, United States

WINDSOR, Ontario — For months, trade negotiations between Canada and the United States have been stalled. This week that all changed when US President Trump announced negotiations were back on. During his social media tirade about Windsor, Ontario’s Gordie Howe Bridge, and a list of other perceived transgressions, Trump wrote… we will start negotiations, IMMEDIATELY.” While Trump’s political speed bump threatens to derail the planned opening of the commercial corridor, some industry leaders see an opening to accelerate negotiations. “Trade conversations have now restarted, a few weeks ago conversations weren’t happening. I see this as a positive,” says Canadian Association of Moldmakers Nicole Vlanich. …With Trump restarting trade negotiations that he once brought to a screeching halt, business leaders in Windsor hope this will be an important first step towards paving a clearer picture for economic growth for both the Canadian and US economies.

In related coverage:

Read More

Canfor secures naming rights for Whitecourt’s new Culture and Events Centre

By Brad Quarin
The Whitecourt Star
February 19, 2026
Category: Business & Politics
Region: Canada, Canada West

WHITECOURT, Alberta — The new culture centre being built adjacent to Festival Park in Whitecourt will be called the Canfor Culture and Events Centre, after the company Canadian Forest Products which obtained naming rights, according to the Town of Whitecourt. “We’re proud to support the communities where we operate,” Tom Thompson, Canfor Alberta region general manager, said. …Thompson said Canfor supported the centre through its Good Things Come from Trees Foundation. …The Town of Whitecourt began offering naming rights for the new facility and parts within it in the spring of 2025. …Canfor Corporation moved into Whitecourt in 2022 after completing its purchase of Millar Western Forest Products’ lumber operations and wood products assets.

Read More

CN Rail corridor through 100 Mile House reportedly saved

By Misha Mustaqeem
The Clearwater Times
February 18, 2026
Category: Business & Politics
Region: Canada, Canada West

The CN railway running through 100 Mile House will not be discontinued after all. District of 100 Mile House Mayor Maureen Pinkney said that the consultant hired to assess the rail line’s future had told her, and around 87 other stakeholders in the region between North Vancouver and Prince George, that removal of the rails was off the table. …CN Rail announced it would be discontinuing service between Squamish and 100 Mile House… and that rails and ties are removed after discontinuance. …Potentials for the new use of the rail tracks include the return of passenger rail to 100 Mile House. …Pinkney said that there could be opportunities from the saved rail line to make up for lost tax revenue from the closure of the West Fraser Mill, as well as the OSB plant. 

Read More

B.C. Budget: LNG a bright spot, but red ink dismays business groups

By Derrick Penner
The Vancouver Sun
February 17, 2026
Category: Business & Politics
Region: Canada, Canada West

Brenda Bailey

For all the measures touted as keys to unlocking BC’s resource sector, such as speeding up permits for mining activity, Finance Minister Brenda Bailey’s budget includes additional tax hits. …The ministry of forests will see its budget go from $1.3 billion in 2025-26 to $910 million in fiscal 2026-27 to $860 million in 2027-28. …The budget includes some new measures for BC’s beleaguered forestry sector, such as $50 million in new and reallocated federal funds to support for Indigenous scholarships, the purchase of equipment to aid in wildfire fighting and refunding the province’s Fire Smart program. However, Bailey’s document doesn’t make specific mention of measures Forests Minister Ravi Parmar alluded to at the BC Truck Loggers Association. …BC had set a target to harvest 45 million cubic metres of timber, but the document shows the 2025-26 harvest at 29 million cubic metres, with the number expected to stay at that level through the three-year financial plan.

Read More

B.C. budget supports growth but falls short for many workers, says United Steelworkers

United Steelworkers
February 17, 2026
Category: Business & Politics
Region: Canada, Canada West

The United Steelworkers union found positives in a difficult BC budget. …Recognizing the uncertainty created by US trade policy… USW Western Canada Director Scott Lunny said… “Today’s budget advances the government’s work towards long-term economic stability, including BC’s goal of securing $200 billion in private-sector investment over the next decade in sectors including mining, forestry and manufacturing”. …USW noted positives, including: a continued commitment in funding to strengthen permitting capacity in resource industries; a $400- million Strategic Investments Special Account to leverage federal government dollars for investment and job creation in key sectors like value-added forestry, responsible mining, manufacturing and clean energy; and unprecedented investment in skilled trades funding as well as a training grant to encourage apprenticeships. …”While we welcome the $20 million to help workers and employers in tariff-impacted sectors like steel and forestry, there is still a missing commitment to stabilizing and sustaining the primary forestry sector,” said Lunny.

Read More

B.C. forecasts upswing for natural gas and tough times in forestry as deficit soars

By Brent Jang
The Globe and Mail
February 17, 2026
Category: Business & Politics
Region: Canada, Canada West

The BC government is forecasting that the natural gas industry will play a larger role as the top driver of provincial resource revenue, while warning about tough times in the former economic powerhouse of forestry. Natural gas royalties are expected to ring in at nearly $1.3-billion for the 12 months ending March 31, 2027, up 38%. …The government is anticipating $521-million in forestry revenue for the 2026-27 fiscal year, up 3%, but still down sharply when compared with several years ago. …In the 2020-21 fiscal year, forestry revenue surpassed $1.3-billion and natural gas royalties reached $196-million. …Tuesday’s budget introduces a temporary Stumpage Payment Deferral Program in an effort to ease the cash crunch for companies. The voluntary program covers the first 11 months of 2026. …The government anticipates that the trend of depressed annual volumes of tree harvesting will continue over the next several years, restricting the production of softwood lumber. [to access the full story a Globe & Mail subscription is required]

Read More

B.C. budget includes tax increases, job cuts and $13B deficit

By Justin McElroy
CBC News
February 17, 2026
Category: Business & Politics
Region: Canada, Canada West

Brenda Bailey

The BC government’s 2026 budget announced a series of tax increases, capital project delays, and a reduction of 15,000 public sector jobs over three years. Despite this, major deficits are still forecasted for the indefinite future. “This budget is different from our past budgets, because this moment is different,” said Finance Minister Brenda Bailey in her speech to the legislature on Tuesday. The speech blamed the province’s economic condition on challenges such as US tariffs and a cooling housing market. “It’s time to take a pause on some of the things we want to do to focus on the things we need to do.” A $13.3 billion deficit is forecast for the 2026-27 fiscal year, up from $9.6 billion for this year. …The government announced a diverse range of tax increases that it said would primarily impact higher-income earners, causing an average increase of $76 a year. 

In related coverage by:

Read More

Truck loggers feeling the effects of a lagging B.C. forest industry, critic says

By Brendan Shykora
Nanaimo Bulletin
February 13, 2026
Category: Business & Politics
Region: Canada, Canada West

Ward Stamer

As BC’s forestry industry licks its wounds following a series of recent mill closures, BC’s forest critic says truck loggers are hurting, too. Kamloops-North Thompson MLA Ward Stamer attended the TLA’s convention last month, and came away with a dire picture of how these BC workers are feeling in terms of their job security. …Stamer lamented the closing of the Atli Chip mill near Port McNeill, announced last month. He said the closure was unexpected, but not altogether unsurprising given the domino effect set in motion by a previous Crofton pulp mill closure on Vancouver Island. He said “we never heard a peep” about the Atli Chip mill closure in the week before it happened, “but that’s what happens when you get something like a pulp mill that goes down, it can drag anywhere between four to six solid mills with it.” 

Read More

Customs duties: mixed reactions in Quebec after Supreme Court decision

By Frédéric Lacroix-Couture
The Canadian Press in City News
February 20, 2026
Category: Business & Politics
Region: Canada, Canada East

The decision by the US Supreme Court to invalidate many of President Trump’s tariffs has been met with mixed reactions in Quebec, as the steel, aluminum and lumber sectors remain subject to US tariffs. Economy Minister Jean Boulet said, “its effects for Quebec seem limited,” noting that Quebec exports in accordance with CUSMA were already exempt. “American tariffs on lumber and other key sectors remain in place,” Boulet stressed. …Stakeholders from Quebec’s economic and union sectors pointed out that Friday’s ruling is far from putting an end to the trade war with our southern neighbors. …“While this decision is great news for free trade, its impact on Canada remains limited and we are not out of the woods yet,” said senior public policy analyst Gabriel Giguère in a statement. Moreover, the review of the USMCA planned for this year still looms over Canada-US relations.

In related coverage:

Read More

Mill manager eulogizes final paper reel in Thunder Bay, Ontario

Northern Ontario Business
February 20, 2026
Category: Business & Politics
Region: Canada, Canada East

The last reel of newsprint produced at Thunder Bay Pulp and Paper on Feb. 19 became a photo op moment and a time of reflection for its manager of paper operations. Shane Moscrip eulogized the closing of an era that reaches back to the 1920s in the northwestern Ontario city’s industrial history. “For more than a century, this mill has converted wood, water, steam, and skill into paper. Generations have stood on five paper machine floors, listening to the cadence of the wire, the draw through the presses, the steady breath of the dryers. They measured their days by tonnage, quality, and uptime,” Moscrip wrote. “These paper machines have run through wars, recessions, ownership changes, grade transitions, rebuilds, and countless shutdowns and startups. It has been the industrial heartbeat of this town.” …The landmark mill, which dominates Thunder Bay’s skyline, will continue to operate as a single-line softwood kraft mill.

Read More

Irving Paper to get up to $45 million in Holt tariff relief funds

By Adam Huras
The Telegraph Journal
February 18, 2026
Category: Business & Politics
Region: Canada, Canada East

NEW BRUNSWICK — The Holt government is dipping into one of its tariff relief funds to provide Irving Paper with up to $45 million it says will maintain jobs at New Brunswick’s only remaining paper mill. It comes after the Saint John manufacturer of paper used for magazines, catalogues and newsprint announced roughly a year ago it was cutting 140 jobs, while criticizing the impact of “soaring electricity costs” and blaming “management issues” at NB Power. That’s while it suggested a subsidy wasn’t the answer as all New Brunswickers and the province’s industry were grappling with the challenge of climbing electricity bills. The money is part of a $54.3-million package for a total of seven New Brunswick companies announced by Opportunities NB. Last spring, Premier Susan Holt announced a $40-million “competitive growth program” that she said would be aimed at stabilizing larger New Brunswick companies that are export-intensive.

Read More

Several Local Leaders in Forestry recognized by Forest Nova Scotia

989 XFM
February 13, 2026
Category: Business & Politics
Region: Canada, Canada East

At the recent Forest Nova Scotia AGM, Antigonish County’s Ralph Stewart of RES Sustainable Forestry received a Forest Stewardship Certificate. A post on Forest Nova Scotia’s Facebook Page states the event help recognize the year’s leaders in safety and stewardship across the forestry industry. When asked why he made a career of forestry, Stewart said it stems for his childhood, working on the family farm and out in the woods with his parents and siblings. When working on the wood lot, he said they were always taught to think about what’s next for the lot and how to sustain it. Stewart said he feels the forestry industry is going in the right direction and working towards implementing the Lahey Forestry Report, which includes a number of forestry objectives.

Read More

US to stop collecting duties deemed illegal by Supreme Court

By David Lawder
Reuters in CTV News
February 23, 2026
Category: Business & Politics
Region: United States

The US Customs and Border Protection agency said it will halt collections of tariffs imposed under the International Emergency Economic Powers Act at 12:01 a.m. EST on Tuesday, more than three days after the US Supreme Court declared the duties illegal. The agency said in a message to shippers on its Cargo Systems Messaging Service that it will de-activate all tariff codes associated with US President Trump’s prior IEEPA-related orders as of Tuesday. The IEEPA tariff collection halt coincides with Trump’s imposition of a new, 15% global tariff under a different legal authority to replace the ones struck down by the Supreme Court on Friday. CBP gave no reason why it was continuing to collect the tariffs days after the Supreme Court’s ruling. The message noted that the collection halt does not affect other tariffs imposed by Trump under the Section 232 national security statute and the Section 301 unfair trade practices statute.

Read More

New tariffs, new uncertainty

Think.ing.com
February 22, 2026
Category: Business & Politics
Region: United States

It took only a few hours after the US Supreme Court had ruled against the US administration’s emergency tariffs from ‘Liberation Day’, before President Trump announced a new round of tariffs. As expected, the US administration is invoking Section 122 of the 1974 Trade Act, which allows tariffs of up to 15% for as long as 150 days to quickly address “international payment problems”. The tariffs would expire after 150 days unless Congress extends them. …However, the use of Section 122 could bring new legal problems for Trump. …It’s a trade instrument that has never been used in practice, as the fixed exchange rate regime had come to an end when the 1974 Trade Act was finally approved. …We don’t think that President Trump will use the ruling to back down on his tariff agenda. On the contrary. …Uncertainty is back, and given the latest muscle-flexing by European leaders, the risk of escalation is now higher.

In related coverage:

 

Read More

Supreme Court rules that Trump’s sweeping emergency tariffs are illegal

By John Fritz
CNN
February 20, 2026
Category: Business & Politics
Region: United States

John Roberts

The Supreme Court on Friday ruled that President Trump violated federal law when he unilaterally imposed sweeping tariffs across the globe, a striking loss for the White House on an issue that has been central to the president’s foreign policy and economic agenda. The decision is arguably the most important loss the second Trump administration has sustained at the conservative Supreme Court. …Chief Justice John Roberts wrote the majority opinion and the court agreed 6-3 that the tariffs exceeded the law. The court, however, did not say what should happen to the more than $130 billion in tariffs that has already been collected. “The president asserts the extraordinary power to unilaterally impose tariffs of unlimited amount, duration, and scope,” Roberts wrote. “In light of the breadth, history, and constitutional context of that asserted authority, he must identify clear congressional authorization to exercise it.” The emergency authority Trump attempted to rely on, the court said, “falls short.”

In related coverage:

Read More

Nation’s Home Builders Elect Leadership for 2026

The National Association of Home Builders
February 18, 2026
Category: Business & Politics
Region: United States

Bill Owens

Members of the National Association of Home Builders elected four senior officers to top leadership positions within the federation during this week’s NAHB International Builders’ Show in Orlando. …Taking the helm as NAHB’s Chairman of the Board this year is Bill Owens, a Worthington, Ohio-based, remodeler and home builder with more than 40 years of experience in the residential construction industry. …Also moving up on the association’s leadership ladder during NAHB’s Leadership Meetings was Bob Peterson, a Fort Collins, Colorado-based home builder and remodeler. He was elected as First Vice Chairman of the Board. …Gary Campbell, a Lowell, Massachusetts-based real estate developer and remodeler was elected as Second Vice Chairman of the Board. …Jim Chapman joined the NAHB leadership ladder with his election as Third Vice Chairman of the Board. An Atlanta-based real estate developer. …2025 NAHB Chairman Buddy Hughes remains on the leadership ladder as the 2026 Immediate Past Chairman.

Read More

Decorative Hardwoods Association Supports EPA’s Updated Formaldehyde Risk Calculation

Decorative Hardwoods Association
February 12, 2026
Category: Business & Politics
Region: United States

DHA officially commended the U.S. Environmental Protection Agency for its rigorous and transparent reassessment of formaldehyde risks in the agency’s updated draft risk calculation. DHA supports EPA’s revision of its formaldehyde inhalation risk evaluation to reflect the best available science, directly address recommendations from scientific peer reviewers, and align with the statutory mandates of the Toxic Substances Control Act. DHA’s comments on EPA’s Draft Risk Calculation for Formaldehyde, dated January 30, 2026 is available here.

Read More

Sustainable timber manufacturing offers hope to Oregon community

By Ezra Kaplan
WOWT News
February 13, 2026
Category: Business & Politics
Region: United States, US West

Chris Evans

PHILOMTH, Oregon — A shuttered sawmill that left more than 100 people without jobs has found a new life as a mass timber manufacturing facility, offering hope to a rural community. The US Forest Service says many of the millions of acres of American forests are overcrowded with smaller trees, increasing wildfire risk, and recommends tree-thinning projects that support rural economies. …In 2024, the Interfor mill in Philomath, Oregon, closed, eliminating the only mill within city limits in the town of just under 6,000 people. Six months later, the Portland-based company Timberlab purchased the facility to manufacture mass timber products. “When that Timberlab news came in, I think there was a sort of breath of new life, like, ‘Oh, wow, OK, this isn’t over yet,’” Christopher McMorran, Philomath’s mayor, said. …While the exact number of returning jobs remains unclear, local officials are optimistic about the model’s potential. 

Read More

Domtar Launches Installation of New High-Speed Tissue Converting Line in Calhoun, Tennessee

Domtar Corporation
February 16, 2026
Category: Business & Politics
Region: United States, US East

FORT MILL, South Carolina — Domtar’s Calhoun, Tennessee site has begun installation of a new, world-class high-speed tissue converting line designed to increase operational output, enhance efficiency, and support long-term scalability. The advanced equipment will help better align the mill’s tissue production capacity with its converting capabilities, strengthening overall operational performance to better service the US tissue market. To complement the new line, the mill is also expanding its existing warehouse space for parent tissue rolls. This additional capacity will support improved inventory management and provide greater operational flexibility. “This investment underscores the Company’s continued commitment to operational excellence and future growth in the US tissue market,” said Tony Sanders, vice president of sales and marketing. The upgraded converting technology will elevate product quality while the expanded warehousing will ensure the infrastructure needed to support future business and production needs.

Read More

Bell Lumber & Pole Expands Manufacturing Facility in De Queen, Arkansas

By Bell Lumber & Pole
Arkansas Inc.
February 13, 2026
Category: Business & Politics
Region: United States, US East

DE QUEEN, Arkansas – Bell Lumber & Pole is expanding its manufacturing facility in De Queen, Arkansas to accelerate the production of Southern Yellow Pine utility poles in the southern region of the United States. This facility represents a meaningful, long-term capital investment and is expected to create 12 new jobs in De Queen over the next two years. …This investment allows us to expand capacity, strengthen our regional presence, and create opportunities that support both our customers and the people who make this work possible,” said Tom Bell, President. The facility – the company’s first in Arkansas – focuses on the peeling, conditioning, and interior storage of utility poles. Bell Lumber & Pole currently has 17 full-time employees at the De Queen facility. …Governor Sanders said, “By producing utility poles here at home, this project will strengthen domestic supply chains and infrastructure and bring new opportunity to rural Arkansas communities.” 

Read More

Plastic lumber manufacturer will invest $50 million in facility

By Larry Adams
The Woodworking Network
February 12, 2026
Category: Business & Politics
Region: United States, US East

MONTGOMERY, Illinois – Plastic lumber maker, Tangent Technologies, is expanding and consolidating its US manufacturing operations in Illinois. As part of the company’s decision to expand in Illinois, it will invest $50 million to relocate its operations – currently in Canada and Aurora, Illinois – to Montgomery, Illinois, as it increases capacity and creates 110 new full-time jobs. Tangent Technologies is a manufacturer of sustainable, high-density polyethylene (HDPE) plastic lumber for outdoor, marine, and structural applications. A portfolio company of The Sterling Group, it has grown through strategic acquisitions, including Home & Leisure and Vinyl Tech in 2019, to become a top innovator in eco-friendly, durable wood-alternative materials. …As part of the Economic Development for a Growing Economy (EDGE) agreement with the State, Tangent Technologies has committed to making a $50 million investment, creating 110 new full-time jobs, and retaining 485 jobs.

Read More

Fibre Excellence may soon close pulp mills in France

By Simon Matthis
Pulp and Paper News
February 12, 2026
Category: Business & Politics
Region: International

FRANCE — Fibre Excellence is facing severe financing problems in France. According to Euwid, the company may soon have to idle two pulp mills in the country, Saint Gaudens and Provence. Fibre Excellence says that it is doing everything possible to avoid insolvency and to preserve the sites and jobs. The reason to this is the weakness the pulp market and high costs. From October 17 to November 24, 2025, production was suspended at the Saint Gaudens pulp mill, as a preventive measure in response to the downturn in the European pulp market. This shutdown enabled operations to resume under favorable conditions. A partial activity plan was then put in place for the site’s 271 employees in order to minimize the impact of this suspension. According to Paper Excellence, the pulp market is experiencing a marked slowdown, particularly in Asia, which is reducing demand and putting pressure on prices.

Read More

Finance & Economics

CIBC warns overstated housing starts mask economic weakness in Canada

Canadian Mortgage Trends
February 18, 2026
Category: Finance & Economics
Region: Canada

The bank said in a new report Wednesday that the housing market is too soft to encourage builders to break ground on new homes at the pace needed to lift the economy and deliver a long overdue supply injection. “I think that we are in the early stages of this correction when it comes to the impact on the economy,” said CIBC deputy chief economist Benjamin Tal in an interview. Housing makes up a significant portion of Canada’s economy, and Tal said the run-up in prices and heightened real estate investment over the past two decades have only increased its weight on gross domestic product. The Canada Real Estate Association expects home sales to climb 5.1% this year after trade uncertainty drove a market slowdown in 2025. “The way to describe the housing market at this point is that houses are still too expensive to buy, not expensive enough to build,” Tal said.

Read More

Canfor announces asset write-down and impairment charge

Canfor Corporation
February 17, 2026
Category: Finance & Economics
Region: Canada, United States

VANCOUVER, BC – Canfor Corporation announced today that it will record a non-cash asset write down and impairment charge totaling approximately $321 million in its fourth quarter of 2025 results. Of this amount, $215 million relates to the Company’s lumber segment and $106 million relates to its pulp and paper segment. In the lumber segment, the impairment is associated with the Company’s European operations and reflects ongoing log supply pressures in the region, which have resulted in significant increases in log costs and reduced asset carrying values. In the pulp segment, the impairment reflects sustained declines in global US-dollar pulp list prices as well as continued challenges in securing economically viable fibre necessary to support operations. This impairment charge is non-cash in nature and does not affect Canfor’s liquidity position, cash flows or day-to-day operations.

Read More

Canada’s annual inflation rate edged down to 2.3% in January with decline in gas prices

By Jenna Benchetrit
CBC News
February 17, 2026
Category: Finance & Economics
Region: Canada

Canada’s annual inflation rate edged down to 2.3% in January, Statistics Canada said on Tuesday, driven downward by a decline in the cost of gasoline. Economists were largely expecting the rate to remain unchanged from December’s 2.4%. Pump prices put pressure on the headline rate, having fallen 16.7% in January compared to the same period last year. With gas excluded, January’s inflation rate came in at 3%. The Bank of Canada’s preferred measures of core inflation, which strip away volatility from one-time tax changes and gas prices, all ticked down in January — bringing those rates closer to the central bank’s two per cent inflation target. “Overall, this is an encouraging result for the Bank of Canada, with inflation finally nearing the [2%] target on a broader basis,” wrote Douglas Porter, chief economist at Bank of Montreal. ›

Read More

CMHC reports further slowing of housing starts with no turnaround in sight

The Canadian Press in CP24 News
February 16, 2026
Category: Finance & Economics
Region: Canada

The pace of homebuilding in Canada continues to slow with no near-term signs of a turnaround, said Canada Mortgage and Housing Corp. on Monday. The national housing agency said the seasonally-adjusted annual pace of housing starts declined 15% in January. Housing starts can vary considerably month-to-month as big projects get started, but the agency’s six-month moving average for annual starts also showed a 3.5% decline. “The six-month trend has decreased for the fourth consecutive month,” said CMHC deputy chief economist Tania Bourassa-Ochoa in a news release. “We expect new construction to continue trending lower going forward as trade and geopolitical uncertainty, high construction costs, weaker demand, and rising inventories continue to constrain developer activity.” She said a near-term turnaround is looking unlikely, and reflects what the agency has been hearing from developers over recent months. The pullback comes amid a variety of pressures, including lower immigration numbers and US trade policy.

Read More

In defence of hewers of wood and drawers of water

By The Editorial Board
The Globe and Mail
February 15, 2026
Category: Finance & Economics
Region: Canada

It’s been nearly a century since political economist Harold Innis popularized the phrase “hewers of wood and drawers of water” in decrying Canada’s dependence on natural resources. …Underpinning that cry is the (wrongheaded) assumption that natural resources such as mining, agriculture and energy are second-grade economic activity, less desirable than manufacturing. …That mistake is the foundation for many public policy blunders over many decades. The numbers demolish that myth, and tell a very different story, one in which energy, mining and other natural resources sectors create enormous economic value and are globally competitive. …The federal government needs to get itself out of the way of some of the strongest parts of the Canadian economy. Stop subsidizing inefficient sectors. Stop raising protective tariffs that harm other parts of the economy. Focus on rolling back unjustified regulatory barriers that harm the ability of the entire economy, particularly globally exposed natural resources sectors, to compete. And, most of all, stop the undervaluing Canada’s great natural advantage in natural resources. [to access the full story a Globe & Mail subscription is required]

Read More

Mercer reports Q4, 2025 net loss of 308.7 million

Mercer International Inc.
February 12, 2026
Category: Finance & Economics
Region: Canada, United States, International

NEW YORK, New York — Mercer International reported fourth quarter 2025 Operating EBITDA of negative $20.1 million compared to positive $99.2 million in the same quarter of 2024 and negative $28.1 million in the third quarter of 2025. In the fourth quarter of 2025, net loss was $308.7 million compared to net income of $16.7 million in the fourth quarter of 2024 and a net loss of $80.8 million in the third quarter of 2025. The net loss in the fourth quarter of 2025 included total non-cash impairments of $238.7 million. This included non-cash impairments of $203.5 million recognized against long-lived assets at our Peace River mill due to the continued down-cycle environment of hardwood pulp markets, $12.2 million against certain obsolete equipment and $23.0 million against pulp inventory due to low prices and high fiber costs. …Mr. Juan Carlos Bueno, CEO: “We continue to prioritize improving liquidity and working capital, committing to rebalancing our asset portfolio and maintaining operating discipline.”

Read More

Interfor reports Q4, 2025 net loss of $104.6 million

Interfor Corporation
February 12, 2026
Category: Finance & Economics
Region: Canada, United States

BURNABY, BC — Interfor recorded a net loss in Q4, 2025 of $104.6 million, compared to a net loss of $215.8 million in Q3’25 and a net loss of $49.9 million in Q4’24. Adjusted EBITDA was a loss of $29.2 million on sales of $600.6 million in Q4’25 versus an Adjusted EBITDA loss of $183.8 million on sales of $689.3 million in Q3’25 and Adjusted EBITDA of $80.4 million on sales of $746.5 million in Q4’24. …During and subsequent to Q4’25, Interfor completed a series of financing transactions. Taken together, these transactions significantly enhance Interfor’s financial flexibility, bolster liquidity and provide meaningful additional runway as the Company continues to navigate volatile lumber market conditions. …Lumber production of 753 million board feet was down 159 million board feet versus the preceding quarter. …Interfor’s strategy of maintaining a diversified portfolio of operations in multiple regions allows the Company to both reduce risk and maximize returns on capital over the business cycle.

Read More

Value of Canadian building permits increased 6.8% in December

Statistics Canada
February 11, 2026
Category: Finance & Economics
Region: Canada

In December, the total value of building permits issued in Canada increased $821.3 million (+6.8%) to $12.8 billion. The increase was led by the residential sector (+$533.5 million) and supported by the non-residential sector (+$287.8 million). On a constant dollar basis (2023=100), the total value of building permits issued in December grew 6.6% from the previous month and was down 6.3% on a year-over-year basis. …On an annual basis — weak single family and industrial construction intentions drive declines in residential and non-residential permit values. …The residential sector decreased $1.0 billion to $86.6 billion in 2025. This decline was driven by single-family construction intentions, falling 7.0% to $29.6 billion, the lowest annual level in the series. Conversely, the multi-family component increased $1.2 billion to $57.0 billion in 2025, the second-highest level in the series.

Read More

West Fraser reports Q4, 2025 loss of $751 million

West Fraser Timber Co. Ltd.
February 11, 2026
Category: Finance & Economics
Region: Canada, United States

VANCOUVER, BC — West Fraser Timber reported their fourth quarter results of 2025. Fourth quarter sales were $1.165 billion, compared to $1.307 billion in Q3, 2025. Fourth quarter earnings were $(751) million, compared to earnings of $(204) million in Q3, 2025. Fourth quarter Adjusted EBITDA was $(79) million compared to $(144) million in Q3, 2025. Full year sales were $5.462 billion, compared to $6.174 billion in 2024. Full year earnings were $(937) million, compared to earnings of $(5) million. Full year Adjusted EBITDA was $56 million compared to $673 million in 2024. …”The fourth quarter of 2025 was another challenging period for West Fraser, marked by elevated softwood lumber duties and tariffs, southern yellow pine lumber and OSB oversupply, and tempered demand for many of our wood-based building products, much of which can be attributed to housing affordability constraints that have continued into early 2026. Notwithstanding this environment, we made great advances with some of our major capital investments,” said Sean McLaren, President and CEO. 

Read More

Acadian Timber reports Q4, 2026 adjusted net income of $5.2 million

Acadian Timber Corp.
February 11, 2026
Category: Finance & Economics
Region: Canada, Canada East

EDMUNDSTON, New Brunswick – Acadian Timber reported financial and operating results for the three months ended December 31, 2025 as well as for the full 2025 fiscal year. “While 2025 brought a multitude of challenges, Acadian delivered steady operational performance in New Brunswick, helping to offset weather-related challenges, trucking constraints, and productivity issues in Maine,” said Adam Sheparski, President and Chief Executive Officer. …During the fourth quarter, Acadian generated sales of $22.0 million compared to $20.2 million in the fourth quarter of 2024. Acadian generated $5.2 million of Adjusted EBITDA and declared dividends of $5.3 million. During 2025, Acadian generated revenue from timber sales and services of $87.0 million, compared to $91.6 million in the prior year. The sale of 752,100 voluntary carbon credits contributed an additional $24.6 million to total sales in 2024 while no sales of carbon credits occurred in 2025. 

Read More

International Paper: The Great Split and the 80/20 Transformation of a Packaging Giant

By Finterra
Financial Content
February 23, 2026
Category: Finance & Economics
Region: United States

International Paper stands at a historic crossroads. Long considered the titan of the North American pulp and paper industry, the company is currently navigating the most aggressive structural transformation in its 128-year history. Under the relatively new leadership of CEO Andrew Silvernail, International Paper is pivoting from a broad-based fiber conglomerate into a streamlined, “pure-play” packaging leader. The company is currently in focus due to a massive strategic pivot: the geographic separation of its North American and European operations into two independent public companies. Following the complex £5.8 billion integration of DS Smith in 2025, IP is now working to unlock “conglomerate-hidden” value by splitting its assets, a move that has captured the attention of institutional investors and analysts alike. …While the billion-dollar impairment charges related to the DS Smith acquisition initially rattled the market, the underlying strategy of focusing on core North American operations while spinning off European assets appears sound.

Read More

What the Supreme Court tariff ruling means for construction

By Sebastian Obando
Construction Dive
February 20, 2026
Category: Finance & Economics
Region: United States

Contractors in certain niches can expect some meaningful materials price reductions after the Supreme Court struck down most of President Trump’s tariffs Friday. The court rejected Trump’s claim to authority to impose reciprocal tariffs. That would drive “a modest but meaningful reduction in materials price escalation” for specialty equipment, HVAC and electrical systems and fixtures, said Anirban Basu, chief economist at Associated Builders and Contractors. …But the administration quickly signaled plans for alternative tariff methods shortly after the ruling. AGC also noted other materials-specific tariffs on lumber, steel, aluminum and copper products are unaffected by Friday’s decision. Taken together, that means the Supreme Court decision “could be short-lived and completely counteracted,” said Basu. That back-and-forth tends to stall construction activity as owners and contractors weigh whether the decision will hold. …AGC has told builders not to hold their breath waiting for refund checks.

In related coverage:

Read More

Why We’re Skeptical About That Surprising December Housing Starts Report

By Chris Versace
The Street Pro
February 18, 2026
Category: Finance & Economics
Region: United States

Wednesday’s data for Housing Starts, like a few other pieces of late, catches us up on the tail end of 2025. What we see in the headline figure for November and December points to a rebound in total housing starts. ..Peering into that breakdown, we see the greater increase came in the multi-family category. And then when we look at some other data in the report, namely the number of single-family housing units under construction at the end of December and the number of housing units authorized but not started at the end of December, we see a different picture. This points to slow levels of single-family housing construction and weaker order levels, which explains the continued fall in single-family housing units not started amid the falling number of units under construction. …Meanwhile, the recent bout of severe winter weather is going to throw a wrench into housing construction in the current quarter.

Read More

US Housing Starts Rise to Five-Month High in Broad Increase

By Michael Sasso
Bloomberg Economics
February 18, 2026
Category: Finance & Economics
Region: United States

New residential construction in the US rose to a five-month high in December, as homebuilders boosted production to take advantage of lower borrowing costs. Housing starts increased 6.2% to an annual pace of 1.4 million homes in December, according to figures released Wednesday by the government, which were delayed by fall’s federal shutdown. …The advance was broad-based, with both single-family home starts and apartment projects rising at year’s end. The number of one-family homes started was the highest since February. The stronger construction numbers suggest that builders were growing more confident at year’s end even as they continued to sell off a bloated inventory of new houses. For the full year, however, starts notched a fourth-straight annual decline …In December, building permits, which point to future construction, rose 4.3% to an annualized pace of 1.45 million, the highest since March, government data show. Single-family permits fell slightly. [to access the full story a Bloomberg subscription is required]

Read More

NAHB Expects Remodeling Growth in 2026 and Beyond

The National Association of Home Builders
February 18, 2026
Category: Finance & Economics
Region: United States

The remodeling market is poised for growth in the coming years as many structural tailwinds, including an aging housing stock, the persistent lock-in effect and the trend for older home owners to age-in-place, will not be changing quickly, according to industry experts at a panel hosted by the National Association of Home Builders (NAHB) during the International Builders’ Show in Orlando. This positive outlook is reflected in the NAHB/Westlake Royal Remodeling Market Index (RMI). …The RMI has registered a reading above the break-even point of 50 for 24 consecutive quarters, showcasing a post-pandemic resiliency. The remodeling sector is also outpacing the single-family and multifamily housing markets when comparing their respective sentiment measurements over the past five years. …NAHB Economist Eric Lynch explained that the remodeling sector is continuing to become a larger share of the residential construction market, especially when looking at the number of firms and overall construction spending.

Read More

Total US Housing Starts Inch Lower in 2025. Single-Family Starts Fell 6.9%

The National Association of Home Builders
February 18, 2026
Category: Finance & Economics
Region: United States

Total housing starts for 2025 were 1.36 million, down 0.6% from the 1.37 million total in 2024. Single-family starts in 2025 totaled 943,000, down 6.9% from the previous year. Multifamily starts ended the year up 17.4% from 2024. “Single-family home building dipped in 2025 because of ongoing affordability challenges, fueled by high housing price-to-income ratios and elevated financing and construction costs,” said Buddy Hughes, a home builder and developer from Lexington, North Carolina. “NAHB expects single-family starts will move slightly higher this year, as mortgage rates are expected to moderate.” “Multifamily construction was down in high-density markets but up in the low-rise sector,” said Jing Fu, NAHB senior director of forecasting and analysis. “Multifamily starts are anticipated to fall 5% in 2026 to an annual pace of 392,000 units and decline an additional 6% in 2027 to a 367,000 rate, leveling off near pre-pandemic levels.”

Read More

How Rising Costs Affect Home Affordability in the US

By Na Zhao
NAHB Eye on Housing
February 17, 2026
Category: Finance & Economics
Region: United States

Housing affordability remains a critical issue, with 65% of U.S. households unable to afford a median-priced new home in 2026. When mortgage rates are elevated, even a small increase in home prices can have a big impact on housing affordability. NAHB’s latest priced out analysis shows how many households are already priced out of homeownership at the median home price and how sensitive affordability is to further price changes. At a median home price of $413,595 and a 30-year mortgage rate of 6%, roughly 88.2 million households are priced out of the market. If the median new home price goes up by just $1,000, the monthly mortgage payment increases by about $6, and the required minimum income rises by nearly $300 per year. This small change alone will price an additional 156,405 households out of the market. Rising prices are increasingly squeezing for middle-income households, not just those at the lower end of the income distribution. 

Read More

US Builder Sentiment Edges Lower on Affordability Concerns

By Robert Dietz
NAHB Eye on Housing
February 17, 2026
Category: Finance & Economics
Region: United States

Builder confidence in the market for newly built single-family homes fell one point to 36 in February, according to the NAHB/Wells Fargo Housing Market Index (HMI). Persistent affordability challenges, including high housing price-to-income ratios and elevated land and construction costs, helped push builder confidence lower for the second straight month to start the year. Housing affordability remains an ongoing challenge at the start of 2026. …On the positive side, easing inflation should continue to allow lower interest rates for mortgages and builder loans. …Although demand for new construction has weakened, remodeling demand has remained solid given a lack of household mobility, per comments from builders in the HMI. …The HMI index gauging current sales conditions held steady at 41 from January to February, the index measuring future sales fell three points to 46 and the gauge charting traffic of prospective buyers fell two points to 22.

Read More

Tariffs: The high price homebuilding pays for protectionism

By D. Dowd Muska
Pacific Research Institute
February 13, 2026
Category: Finance & Economics
Region: United States

Reality-television stars are rarely consulted on matters of public policy. But in April, Realtor.com asked Tarek El Moussa to comment on the White House’s “Liberation Day” tariffs. The Southern California entrepreneur, who rose to fame on the popularity of HGTV’s Flip or Fop franchise, warned that higher import taxes would harm “new-home builders” and “first-time buyers” the most — after all, “luxury buyers” could absorb greater costs. Aspiring homeowners, he averred, are “usually strapped for cash,” and “doing everything they can just to buy a house.” Now that the second Trump administration has passed its one-year anniversary, all evidence indicates that El Moussa understands his industry well. There is little doubt that his trade war erects a sizable obstacle before those looking to find a place of their own. …The types of wood available in the US are not always the same as what’s available from Canadian imports.

Read More

US consumer prices rose 2.4% annually in January, less than expected

By Jeff Cox
CNBC News
February 13, 2026
Category: Finance & Economics
Region: United States

The cost of goods and services rose at a slower annual rate than expected in January, providing hope that the nagging U.S. inflation problem could be starting to ease. The consumer price index for January accelerated 2.4% from the same time a year ago, down 0.3 percentage point from the prior month, the Bureau of Labor Statistics reported Friday. That pulled the inflation rate down to where it was the month after President Donald Trump in April 2025 announced aggressive tariffs on U.S. imports. Excluding food and energy, the core CPI was up 2.5%. Economists surveyed by Dow Jones had been looking for an annual rate of 2.5% for both readings. On a monthly basis, the all-items index was up a seasonally adjusted 0.2% while core gained 0.3%. …Though the category accounted for much of the CPI gain, shelter costs rose just 0.2% for the month, bringing the annual increase down to 3%. 

Read More

US Job Growth Starts Year on Strong Note: However, 2025 Revisions Offer Caution

By Jing Fu
NAHB Eye on Housing
February 11, 2026
Category: Finance & Economics
Region: United States

The US labor market began 2026 at a surprisingly strong pace, while newly released benchmark revisions show that job growth in 2025 was considerably weaker than previously reported. Nonfarm payrolls increased by 130,000 jobs in January, and the unemployment rate edged down to 4.3%. January’s job gains were concentrated on health care, social assistance, and construction, while federal government and financial activities experienced job losses. …Excluding recession years (2008, 2009, and 2020), 2025 now stands as the weakest year of employment growth since 2003. Wage growth was unchanged in January, with average hourly earnings rising 3.7% year-over-year. This pace is 0.3 percentage points lower than a year ago. Importantly, wage growth has been outpacing inflation for nearly two years, which typically occurs as productivity increases.

Read More

Clearwater Paper reports Q4, 2025 net income of $38 million

By Clearwater Paper Corporation
Business Wire
February 18, 2026
Category: Finance & Economics
Region: United States, US West

SPOKANE, Washington — Clearwater Paper, an independent supplier of bleached paperboard to North American converters, reported financial results for the fourth quarter and year ended December 31, 2025. …Net sales were $386 million for the fourth quarter of 2025, flat compared to fourth quarter 2024 net sales of $387 million. Net income for the fourth quarter of 2025 was $38 million, compared to $199 million for the fourth quarter of 2024, which included a $307 million of gain on sale of the tissue division ($218 million after tax). Adjusted EBITDA from continuing operations was $20 million, compared to $9 million in the fourth quarter of 2024. For the full year 2025, net sales of $1.6 billion… and net loss from continuing operations of $53 million. 

Read More

Louisiana Pacific reports Q4, 2025 net loss of $8 million

Louisiana Pacific Corporation
February 17, 2026
Category: Finance & Economics
Region: United States, US East

NASHVILLE, Tennessee — Louisiana-Pacific reported its financial results for the fourth quarter and year ended December 31, 2025. …During Q4 2025, the Company reported net sales of $567 million, representing a decrease of $114 million from last year. Siding revenue rose by $23 million. OSB net sales decreased by $132 million. The Company reported a net loss of $8 million for the quarter is $70 million lower than last year. …In 2025, net sales dropped year over year by $233 million to $2.7 billion. …Net income declined year over year by $275 million to $146 million. The primary drivers behind this decrease were a $252 million reduction in Adjusted EBITDA. 

Read More

Rayonier reports Q4, 2026 net income of $25.9 million

Rayonier Inc.
February 11, 2026
Category: Finance & Economics
Region: United States, US East

WILDLIGHT, Florida — Rayonier reported fourth quarter net income attributable to Rayonier of $25.9 million on revenues of $117.5 million. This compares to net income attributable to Rayonier of $327.1 million on revenues of $650.5 million in the prior year quarter. The fourth quarter results included $6.3 million of costs related to the merger with PotlatchDeltic. Excluding this item and adjusting for pro forma net income adjustments attributable to noncontrolling interests, fourth quarter pro forma net income was $32.1 million. …Full-year net income attributable to Rayonier of $474.4 million, pro forma net income of $89.2 million, and Adjusted EBITDA of $248.0 million. …Our full-year 2025 performance highlights the resilience of our diversified portfolio,” said Mark McHugh, President and CEO.

Read More

Wood, Paper & Green Building

Embodied Carbon—Regulating to Reduce

By Aurélia Crémoux
Canadian Architect
February 16, 2026
Category: Wood, Paper & Green Building
Region: Canada

As Denmark has recently tightened its standards for new construction with the aim of reducing embodied carbon, what lessons can Canada draw from this experience? In 2023, the Danish Building Code made life-cycle assessment (LCA) mandatory for all new buildings over their first fifty years. …The government also mandated researchers to provide practitioners with a list of generic material data for cases where an Environmental Product Declaration (EPD)—required to perform an LCA. When the regulation came into force in 2023, the entire construction industry was opposed to it, recalls Thomas Graabaek. “ And then slowly there was a movement within architects and engineers that actually we need to have even stricter demands.” …“Unfortunately, in Canada, [architects] have been educated only around operations, [not on its entire life cycle],” explains Kelly Alvarez Doran. He advocates for the establishment of embodied-carbon targets at different regulatory scales. 

Read More

Ontario teachers union’s new mass timber HQ

By Rich Christianson
The Woodworking Network
February 17, 2026
Category: Wood, Paper & Green Building
Region: Canada, Canada East

TORONTO — The new headquarters for the Ontario Secondary School Teachers’ Federation is a state-of-the-art mass timber structure designed by Moriyama Teshima Architects. The 124,000-square-foot building prioritizes sustainability and wellness, utilizing abundant natural light and a structural connection to natural elements. The architectural approach allows the cross-laminated timber and glue-laminated timber to serve as the defining elements of the interior. A clean, monochromatic palette was chosen specifically to highlight the natural beauty of the exposed wood. Key design features include: Exposed Structure: To keep the wooden ceilings visible. …Interior finishes—such as neutral carpet tiles and stone-like textures—were selected to harmonize with the timber and evoke the surrounding ravine landscape. …Acoustic Detail: The design incorporates walnut slat ceiling systems with integrated absorptive material to manage acoustics while maintaining the wood-forward aesthetic.

Read More

Both workers rescued after scaffolding collapses at Sacramento mass-timber complex

By Jake Goodrick
The Sacramento Bee
February 18, 2026
Category: Wood, Paper & Green Building
Region: United States, US West

SACRAMENTO, California — Two workers were rescued by emergency crews Wednesday after they were left dangling outside the upper floors of an eight-story midtown high-rise at 15th and Q streets. Firefighters responded to 1430 Q St., a the mass-timber complex with ground-floor businesses. Sacramento Fire Department spokesperson Capt. Justin Sylvia said… said the scaffolding supporting the workers collapsed on one side, leaving it tilted at a roughly 45-degree angle. “It looks like one end of their scaffolding had some type of failure that went down,” he said. The workers were installing a protective netting on the side of the building when the scaffolding malfunctioned, Costamagna said, with authorities suspecting an issue with either the motor or braking system. …The building was completed in 2020 and is uniquely one of the tallest cross-laminated timber high-rises in the US. The incident was expected to be reviewed by Cal-OSHA, the state’s occupation safety agency.

Read More

Factory-built housing hasn’t taken off in California yet, but this year might be different

By Ben Christopher
Cal Matters
February 16, 2026
Category: Wood, Paper & Green Building
Region: United States, US West

Building homes inside a factory has long been seen as a way to revolutionize the American housing industry, ushering in a new era of higher quality homes at lower price. That dream has never quite panned out. Can California finally make it happen? …For decades engineers, architects, futurists, industrialists, investors and politicians have been pining for a better, faster and cheaper way to build homes. Now, amid a national housing shortage, the question felt as pressing as ever: What if construction could harness the speed, efficiency, quality control and cost-savings of the assembly line? …What if the United States could mass-produce its way out of a housing crisis? …This year, state legislators in California believe the turning-point might actually be here. With a little state assistance, they want to make 2026 the Year of the Housing Factory. At long last. 

Read More

Massachusetts Weighs Bold Staircase Code Change

WBSM Massachusetts
February 20, 2026
Category: Wood, Paper & Green Building
Region: United States, US East

Massachusetts is considering changing state building codes to allow single staircases in multi-family residential buildings up to six stories. Advocates say the change would result in smaller buildings, space savings that could lead to 130,000 new housing units. Before changing the building codes, which currently require two exit stairways, Massachusetts Governor Maura Healey has signed an executive order establishing a technical advisory panel to study potential safety issues. “We’re all about making it easier to build more housing across our state to drive down costs for everyone,” Healey said in a statement. “While the double-stair requirement plays an important role in ensuring safety, it’s also holding us back from the type of housing construction we need to meet demand.” …New York City and Seattle, Washington have “permitted single-stair buildings up to six stories for decades,” the administration says…, as have the states of Tennessee, Montana, and Connecticut.

Read More

Forestry

The old dogma of industrial forestry no longer cuts it

By Mike Morris, former MLA, Prince George-Mackenzie
The Prince George Citizen
February 20, 2026
Category: Forestry
Region: Canada, Canada West

The forest industry and related associations, unions and community leaders have now coalesced behind the banner “forestry is a solution.” Their purpose, they say, is “to address the urgent challenges, from building affordable housing to reducing wildfire risks in our backyards” and to “rally British Columbians to support forestry workers and their families.” They will roll out the old dogma that BC practices the most sustainable forestry in the world. …The real purpose, I suspect, is that the coalition wants to continue the old model of intensive industrial forestry, despite the reality that our forests can no longer support this outdated model. In 2003, in an address at UBC, Pedersen, the chief forester of the day, stated that the forest industries’ plan was to harvest BC’s primary forests as quickly as possible and convert them into densely planted managed forests. Today, they have achieved that vision.

Read More

’Wuìk̓inux̌v Nation sues B.C. over timber licence extension amid final treaty talks

By Stefan Labbe
Business in Vancouver
February 17, 2026
Category: Forestry
Region: Canada, Canada West

A BC First Nation in the final stages of treaty negotiation is suing the province for allegedly breaching the “honour of the Crown” after an official extended an expiring timber licence in its traditional territory. Filed in a BC Supreme Court last week, the application for judicial review from ’Wuìk̓inux̌v Nation seeks to overturn an August 2025 decision… that gave Interfor a three-year extension to log an estimated 50,000 cubic metres of timber. The court application argues that allowing a third party to continue harvesting on the nation’s lands—without their consent and against their environmental concerns—is a step backward that the law no longer allows. The claim, which also names Interfor, arrives at a volatile moment for BC politics: by leaning on a landmark legal precedent set in December 2025, it lands squarely in the middle of a heated debate over how the province manages its natural resources in an era of reconciliation.

Read More

FireSmart funding changes raises concerns

By Dean Stoltz
Chek News
February 11, 2026
Category: Forestry
Region: Canada, Canada West

Fire departments across BC are concerned about changes to the FireSmart program and how funding is provided to communities as they plan for wildfires. The Ministry of Forests says it’s moving to a more “holistic approach” based on where risk is the highest but the fire chief who was at the centre of the Wesley Ridge wildfire on Vancouver Island last summer says the program is too important to change. Nick Acciavatti says funding from the provincial FireSmart program was instrumental in saving numerous homes in the Wesley Ridge fire. …The program provides funding to local fire departments that then go into local neighbourhoods to educate and undertake fire prevention work like brush clearing and cleaning properties of combustible materials. But that money may no longer be available to any fire department that applies for it is something Acciavatti is concerned about, considering the changing wildfire conditions here on Vancouver Island.

Read More

First Nations chiefs file lawsuit claiming title over forest land in Quebec

By Matt Gilmour
CTV News
February 19, 2026
Category: Forestry
Region: Canada, Canada East

QUEBEC — A group of First Nations chiefs has filed a lawsuit claiming Aboriginal title over three large tracts of land. They say it’s to have more control over forestry but the implications go much further. For months, First Nations land defenders have been disrupting the logging industry on their traditional lands. It started in protest of Bill 97, the controversial forestry reform bill that Quebec scrapped in September. Nitassinan hereditary chief Dave Petiquay says the group of hereditary chiefs — from the Haute-Mauricie and Saguenay–Lac-Saint-Jean regions want the power to decide who can log on their lands and where. Lawyer Frédéric Bérard argues the Canadian constitution gives them that right. …The lawyer says, if successful, the suit would have repercussions for hereditary chiefs across the country and could impact future major infrastructure projects. The chiefs say they are willing to go all the way to the Supreme Court of Canada.

Read More

University of Toronto forest conservation winter field camp marks 30 years with return to the woods

The Bay Today
February 19, 2026
Category: Forestry
Region: Canada, Canada East

TORONTO — The origins of one long-running University of Toronto field course trace back to a moment when debates over logging and white pine forests drew national attention. What began as a response to high-profile forestry protests south of Temagami in the mid-1990s has become an annual rite for forest conservation students: getting into the woods to see management practices firsthand. Thirty years on, the annual U of T Master of Forest Conservation Winter Field Camp still honours its original purpose: bringing students into the forest to learn from the land, forest professionals, and the connected communities. The 30th anniversary camp runs from today to Feb. 22 this year and will be based at the Mattawa Adventure Camp, near Mattawa. …At the time, concerns about forestry practices led to an invitation for local North Bay foresters to speak in Toronto. Instead of presenting there, North Bay foresters advised people to visit the site.

Read More

How Wildfires Can Be Leveraged to Increase Forest Resilience

The Nature Conservancy
February 18, 2026
Category: Forestry
Region: United States

New research from The Nature Conservancy, the University of California, Berkeley and the USDA Forest Service, published in the journal Forest Ecology and Management, details how wildfires could be leveraged to increase forest resilience to future high-severity fires across the Western United States. Wildfires can be a powerful regenerative force for nature. However, modern wildfires in forests across the Western US have become uncharacteristically destructive, largely due to climate change and more than a century of fire suppression. Mechanical thinning and prescribed fire are used to reduce wildfire size and severity, but compliance restrictions and logistical challenges, as well as agency staffing capacity and funding constraints, often limit the scale of their treatment. The paper recommends that forest managers work in and adjacent to recent wildfire footprints to increase the pace and scale of fuel treatments, including low-to-moderate-severity wildfires (beneficial wildfire), and outlines three pathways for effectively leveraging these footprints.

Read More

Roadless rule repeal risks more fires, study says

By Marc Heller
E&E News by Politico
February 18, 2026
Category: Forestry
Region: United States

A research paper questions a key rationale for expanding road access in national forests. Lifting restrictions on road construction in national forests could lead to more wildfires, according to a newly published study. The research led by a senior scientist at The Wilderness Society — which opposes the Trump administration’s proposal to reopen forests to new roads and logging — reinforces earlier studies finding that fire ignitions are more numerous near forest roads, including for fires started by lightning. The new research, published in the Jan. 29 edition of Fire Ecology, examined a broader area than previous work, covering the contiguous U.S. and considering both fire incidence and size. Areas within 50 meters of a forest road, or about 164 feet, are as much as four times more likely than roadless areas to see fire ignitions, the study said, since many fires are human-caused. The paper also cited the work of numerous earlier studies with similar conclusions.

Read More

“Biomass bottleneck” will doom the forest – and forested communities

By Peter Aleshire
The Payson Roundup
February 22, 2026
Category: Forestry
Region: United States, US West

ARIZONA — A coalition of local governments, timber industry representatives and environmental groups plans to tell congressional leaders and US Forest Service officials this week that Northern Arizona’s forests — and the timber industry that depends on them — face collapse without construction of a second, 30-megawatt biomass-burning power plant. The group will carry that message to Washington, DC, arguing that a “biomass bottleneck” threatens forest restoration efforts, watersheds and rural communities. Two concurring reports outline the concern: one issued by the Eastern Arizona Counties Organization and the Natural Resources Working Group in the White Mountains, and another from the Greater Flagstaff Forest Partnership (GFFP) and the Forest Biomass Coalition Working Group. …The report concludes that, while private industry may eventually develop products such as fiberboard or biochar from forest byproducts, only a second biomass-burning plant near Flagstaff or Winslow offers a proven, near-term solution.

Read More

Ponderosa Mountain Pine Beetle Task Force Appointees Announced

Colorado Governor Jared Polis
February 20, 2026
Category: Forestry
Region: United States, US West

Jared Polis

DENVER – Governor Jared Polis and the Colorado Department of Natural Resources announced appointments to the Ponderosa Mountain Pine Beetle Task Force, a new multi-agency task force created by Governor Polis through Executive Action to address a significant and expanding mountain pine beetle outbreak impacting ponderosa pine forests along Colorado’s Front Range. “Colorado is at the forefront of reducing the impact of wildfires, floods, and protecting Colorado communities. By assembling our team of forestry experts and state and local officials we are taking action to deal with the impact of mountain pine beetles and helping to protect our forest and key water sources, and equipping homeowners to better protect their homes,” said Governor Polis. The task force is charged with developing coordinated, science-based strategies to protect Colorado communities, forests, water resources, infrastructure, and the state’s outdoor recreation economy over the next decade.

Read More

Weyerhaeuser switching most of its Goshen log trucks to natural gas

By Zac Ziegler
KLCC Public Radio
February 18, 2026
Category: Forestry
Region: United States, US West

EUGENE, Oregon — The engines on some of timber company Weyerhaeuser’s log trucks driving around western Oregon may sound the same, but what is in their fuel tanks is definitely not the typical diesel that such trucks have long run on. The company has begun using 10 trucks that run on compressed natural gas and plans to grow that number, phasing out most of the diesel fleet running out of its Goshen facility, just south of Eugene. Company representatives said it is an early adopter of the technology, putting it at the vanguard of running trucks on alternative fuels. …“Ten trucks a year is kind of the plan,” said Travis Ridgway, Director of Harvest and Transportation for Weyerhaeuser. …Ridgway added that continued improvements to the truck’s range that will push them closer to 400 miles per tank of CNG will allow further use of the alternative fuel trucks.

Read More

Mountain pine beetle outbreak intensifies in Boulder County, threatening forests

By Por Jaijongkit
Boulder Reporting Lab
February 15, 2026
Category: Forestry
Region: United States, US West

COLORADO — Forest experts are warning that Boulder’s foothills could look markedly different this year as a mountain pine beetle outbreak intensifies, with potentially far-reaching impacts on recreation and fire risk. Landowners are urged to watch for signs of beetle infestation. The state has taken action: Gov. Jared Polis announced a task force in December aimed at protecting Front Range forests from mountain pine beetle over the next decade. Boulder County has seen increased beetle activity in several areas, including upper Lefthand Canyon and Jamestown. Years of drought, warmer temperatures and overcrowded forests have weakened trees, creating ideal conditions for beetles to spread rapidly and overwhelm remaining healthy stands. …The brood of beetles already in trees and poised to spread this summer is substantial, according to Colorado State Forest Service entomologist Dan West. “It’s kind of this cake that’s already being baked,” West told Boulder Reporting Lab.

Read More

Logging with Purpose: How SFI Training Is Growing Across the United States

By Jeff Jenkins, FRA Appalachian Regional Manager
The Forest Resources Association
February 19, 2026
Category: Forestry
Region: United States, US East

Walk into a forest near you, whether that is the rolling hardwoods of Tennessee or the towering pine stands of Minnesota, and something important is happening. …On the surface, it may look like everyday forest work. But behind the scenes, a much bigger story is unfolding. Loggers and forest professionals are participating in structured training and education programs through the Sustainable Forestry Initiative Logger Training and Education effort. This isn’t just about learning new skills. …It reflects a commitment to sustainable forestry that balances economic opportunity with environmental responsibility. This philosophy has guided SFI since its founding in the mid-1990s and continues to shape how training programs empower forestry professionals nationwide. What Exactly Is SFI Logger Training and Education… and Why Ongoing Training Matters.

Read More

Gov. Kemp, DNR announce 2026 Forestry for Wildlife Partners

Georgia Department of Natural Resources
February 10, 2026
Category: Forestry
Region: United States, US East

Governor Brian Kemp and First Lady Marty Kemp joined Georgia Department of Natural Resources leaders this week in recognizing four corporate forest landowners for stewardship and land management practices benefiting Georgia’s wildlife. Weyerhaeuser, Forest Investment Associates, Georgia Power and PotlatchDeltic – now called Rayonier – were named DNR’s Forestry for Wildlife partners for 2026. Forestry for Wildlife Partnership has promoted wildlife conservation and sustainable forestry as part of forest management for almost three decades. Partner projects are coordinated by DNR’s Wildlife Resources Division and focused on improvements supported by the Bobwhite Quail Initiative and State Wildlife Action Plan, two statewide strategies. Work varies from restoring habitat for red-cockaded woodpeckers to preserving wetlands used by rare amphibians and prairies with rare plants. The partnership also provides public recreation opportunities such as wildlife viewing, hunting and fishing.

Read More

BTG Pactual Timberland Investment Group Announces Acquisition of 107,000 Acres of Timberlands in Central Virginia

By BTG Pactual Timberland Investment Group
Business Wire
February 12, 2026
Category: Forestry
Region: United States, US East

NEW YORK — BTG Pactual Timberland Investment Group has acquired approximately 107,000 acres of sustainably managed timberlands in Central Virginia from the Weyerhaeuser Company. The acquisition represents one of the largest recent timberland transactions in Virginia, significantly expanding BTG Pactual TIG’s footprint in the region and bringing the firm’s total US portfolio to approximately 1.6 million acres under management. The property is Sustainable Forestry Initiative (SFI) certified, consisting primarily of loblolly pine, and will be well-integrated with BTG Pactual TIG’s existing regional operations. …The acquisition also enables BTG Pactual TIG to further expand conservation efforts in the region through its long-term collaboration with NatureVest, The Nature Conservancy’s (TNC’s) in-house impact investing and nature finance team. A preliminary assessment of the asset conducted by TNC found that 25% of the property falls within areas of high ecological and biodiversity value.

Read More

Bayer agrees to pay billions to settle Roundup lawsuits

By Mike Heuer
Reuters in Yahoo! Finance
February 17, 2026
Category: Forestry
Region: International

Officials for Germany-based Bayer have agreed to pay $7.25 billion to settle a class action filed by those who say its Roundup weedkiller caused them or their loved ones to develop cancer. The proposed settlement would create a fund to pay for existing and future claims filed by those who say the weed killer caused non-Hodgkin lymphoma. …Bayer filed the proposed settlement in the city of St. Louis Circuit Court on Tuesday that also would include a separate Durnell case that is before the Supreme Court. …Bayer subsidiary Monsanto will make annual payments into the settlement fund over the next 21 years. Monsanto officials do not admit to any wrongdoing and said they agreed to the settlement to end the tens of thousands of lawsuits filed against it and stop more from being filed. …Bayer’s shares slumped, wiping out the previous day’s gains, as investors questioned whether the settlement would mark a ‌decisive turnaround.

Read More

Carbon, Climate & Bioenergy

Trump’s EPA revokes scientific finding that underpinned US fight against climate change

By Matthew Daly
Oregon Public Broadcasting
February 12, 2026
Category: Carbon, Climate & Bioenergy
Region: United States

The Trump administration on Thursday revoked a scientific finding that long has been the central basis for US action to regulate greenhouse gas emissions and fight climate change, the most aggressive move by the president to roll back climate regulations. The rule finalized by the Environmental Protection Agency rescinds a 2009 government declaration known as the endangerment finding that determined that carbon dioxide and other greenhouse gases endanger public health and welfare. The endangerment finding by the Obama administration is the legal underpinning of nearly all climate regulations under the Clean Air Act for motor vehicles, power plants and other pollution sources that are heating the planet. …Legal challenges are certain for an action that repeals all greenhouse gas emissions standards for cars and trucks, and could unleash a broader undoing of climate regulations on stationary sources such as power plants and oil and gas facilities, experts say.

In related coverage by:

Read More

MPs call to halt Drax subsidy over sustainability doubts

By Jillian Ambrose
The Guardian UK
February 19, 2026
Category: Carbon, Climate & Bioenergy
Region: International

Ed Miliband

UK Secretary of State for Energy, Ed Miliband is under pressure from MPs to suspend subsidies worth £2m a day paid to the owner of the Drax power plant in North Yorkshire after court documents cast doubt on the company’s sustainability claims. …The politicians said they were “deeply concerned” that Drax may have been given “substantial billpayer subsidy” while the company “may have knowingly and consistently concealed information” about the green credentials of its wood sources. …The letter revealed that senior executives at Drax had privately raised concerns about the accuracy of its public sustainability claims, after allegations that it was burning wood from some of Canada’s most environmentally important woodlands. …Drax said: These allegations were investigated by our regulator, Ofgem, who concluded that they did not find any evidence that we had been issued with [subsidy certificates] incorrectly. …They also found no evidence of deliberate misreporting.”

Read More

Cepi challenges the EU on carbon, biomass and financing

By Faustine Loison
Print Industry News
February 17, 2026
Category: Carbon, Climate & Bioenergy
Region: International

With European manufacturing output down by up to 40% since 2018, and 200,000 industrial jobs lost last year, the European Confederation of the Paper Industry (Cepi) wants to put biomass, circularity and decarbonization financing back at the heart of the industrial debate. The trade organization relies on a report commissioned from Deloitte. According to this analysis… the use of biomass and efficiency in the circularity of materials are structural advantages for European industry in the face of imported fossil products. The report highlights the fact that the forestry and timber industry, which is already governed by national legislation, has to contend with over a hundred additional European regulations. In Cepi’s view, this overlap is holding back biomass-related industrial development. Moreover, paper collection and recycling remains fragmented across the member states. This heterogeneity complicates the optimization of secondary material flows, despite the fact that paper is one of the most recycled materials in Europe.

Read More

Health & Safety

Fremont plant fined nearly $148,000 by OSHA for fatal explosion last summer

By Aaron Bonderson
By Nebraska Public Media
February 10, 2026
Category: Health & Safety
Region: United States, US West

FREMONT, Nebraska — Fremont wood processor Horizon Biofuels will be fined up to $147,500 by the Occupational Health and Safety Administration for “willful and serious safety violations after a deadly explosion at the company’s Fremont facility in July 2025,” the US Department of Labor announced. Horizon has until Feb. 19 to decide whether it wants to appeal the citation, according to a spokesperson with the Kansas City OSHA office. …The explosion killed 32-year-old employee Dylan Danielson and his two daughters, both under the age of 12. The violations include “combustible dust buildup, failure to ensure equipment within the facility was protected from creating an ignition source and lack of fall protection for employees working at heights greater than four feet,” the Department of Labor said. …The Nebraska State Fire Marshal’s office also has a pending investigation. 

Read More

2nd worker dies after gas exposure at Woodland Pulp mill

By Sabrina Martin
The Bangor Daily News
February 17, 2026
Category: Health & Safety
Region: United States, US East

MAINE — A second person has died following a chemical release at Woodland Pulp mill in Baileyville last month. The worker, who has not been publicly identified, died from injuries sustained from the gas exposure, mill spokesperson Scott Beal confirmed. It was not clear Tuesday when the second worker passed away. Kasie Malcolm, a University of Maine junior interning at the mill, died the morning after the exposure on Jan. 27. The workers were exposed to hydrogen sulfide while in the facility’s bleach plant, officials have said. The bleach plant remains closed. Two federal agencies are investigating the deaths: officials with the Occupational Safety and Health Administration and the US Chemical Safety and Hazard Investigation Board. …In addition to the two fatalities, eight other workers were exposed to the chemical. …Although hydrogen sulfide is not an ingredient used at the plant, it can be a byproduct of the mill’s pulping process. 

Read More