Canada’s forest products sector strongly opposes the US administration’s decision to impose additional punitive tariffs not only on softwood lumber but also on derivative products, including furniture and kitchen cabinets. The targeting of Canada’s forestry products under Section 232 of the Trade Expansion Act is unjustified and disregards decades of evidence and cooperation that confirm Canadian forest products strengthen, rather than threaten, US national security. This broad action further undermines a deeply integrated North American supply chain that supports housing affordability, infrastructure, manufacturing, and shared prosperity and security on both sides of the border. …The new Section 232 tariffs pushes the total duty burden to over 45%. This compounds pressure, distorts markets, threatens jobs on both sides of the border, and escalates trade tensions. …This misguided move risks raising housing costs in the United States and undermines the integrated trade relationship that has provided jobs, investment, and prosperity in both countries,” said Nighbor.
President Trump on Monday ordered significant new tariffs on wood and various wooden products, including imported lumber, timber, kitchen cabinets and upholstered furniture – potentially adding costs to homebuilding and furnishing, which have surged in price in recent months. In a proclamation, Trump said the United States would begin charging a 10% tariff on foreign softwood lumber and timber, used in a wide variety of building materials. He also announced a 25% tariff on kitchen cabinets, vanities and upholstered wooden furniture. Those rates are set to go into effect October 14. On January 1, Trump will boost the tariff on cabinets to 50% and upholstered furniture to 30%. He first announced those new tariffs on Thursday. …“In my judgment, the actions in this proclamation will strengthen supply chains, bolster industrial resilience, create high-quality jobs, and increase domestic capacity utilization for wood products such that the US can fully satisfy domestic consumption while also creating economic benefits through increased exports,” Trump wrote.
Trade negotiations between Canada and the United States are set to drag on well past the initial hopes of an early resolution, with key players now calling mid-2026 an unlikely target and warning the process could slip into 2027. In an interview on The Hub’s Alberta Edge podcast, US Ambassador to Canada Pete Hoekstra and Alberta Premier Danielle Smith both acknowledged momentum around the Canada-US-Mexico Agreement (CUSMA) review has slowed. Hoekstra pointed to the formal comment period now underway, during which businesses and the public in both countries are submitting feedback on how the accord is working. He said this essentially eliminates any chance of a quick, major deal. Trade departments will then have to sift through the submissions and approach what he called the “painstaking” next stage. …The timeline collides directly with US midterm elections in 2026, making Senate ratification anything but a guarantee.
Canada aims to establish duty-free access for up to 95 per cent of its exports to Indonesia over the next eight to 12 months, International Trade Minister Maninder Sidhu said, after signing a trade agreement. The Comprehensive Economic Partnership Agreement is Canada’s first in the economically crucial Indo-Pacific region since 
THUNDER BAY, Ontario — The Ontario government is investing a further $30 million to support businesses, workers and communities dependent on the province’s forest sector. This funding will build and maintain more forestry access roads and provide immediate support for Ontario sawmills to find new markets for their woodchips. These investments will strengthen Ontario’s forestry sector, create jobs and increase the sector’s competitiveness in the face of increased US softwood lumber duties and the threat of tariffs. …An additional $20 million is being invested through the Provincial Forest Access Roads Funding Program, bringing the government’s total funding for the program to over $79 million this year. …The government is also providing immediate support to sawmills by investing $10 million in the Ontario Sawmill Chip Support Program. The funding provides immediate support to sawmills while they find new, innovative markets for their wood chips such as energy production or alternatives for single-use plastics.
NEW ZEALAND — News that US President Trump imposed a tariff of 10 percent on imported timber has come as a relief to industry, which expected a higher figure. Mark Ross, chief executive of the Wood Processors and Manufacturers Association, said it was a relief as they thought it would be higher. “We’ve been working through the essential impact of a tariff on our products since March this year so it wasn’t a shock because we were, at one point, expecting a 50% tariff. “So 10% is a bit of relief. It is still going to have a financial impact on the wood processing industry in New Zealand. …Ross said they were working with exporters to work out how to handle the extra costs. …Ross said the United States was New Zealand’s third-largest export market and continued to grow.
The Trump administration on Monday announced tariffs on imported wood products, targeting softwood lumber, timber, kitchen cabinets, vanities and upholstered furniture. …Trump’s proclamation said wood product imports were weakening the US economy, resulting in a persistent threat to the US supply chains and harming the domestic wood industry. “Because of the state of the United States wood industry, the US may be unable to meet demands for wood products that are crucial to the national defense and critical infrastructure,” the proclamation said. …Critics of the tariffs have voiced concern that the new duties will inflate costs for American consumers and builders. Former US Rep. Matt Cartwright, (D-Pennsylvania), said safety will suffer as a result of the new tariff on imports of trucks. …“A lot of these companies are already on shoestring budgets, and unfortunately the first thing that gets cut when costs go up is safety,” Cartwright said.
The Commerce Department in a shutdown contingency plan released Monday said it will continue “the necessary work to address the effect of imported articles on national security.” The contingency guidelines mark a subtle shift from the previous plan, which said investigations would continue with unexpired funds if Congress failed to approve additional spending by the end of the fiscal year on Sept. 30. By claiming a national security rationale for the investigations, the administration can continue work on probes being conducted under Section 232 of the Trade Expansion Act. That provision allows for the imposition of tariffs on goods deemed critical to national security. …Section 232 investigations could take on even greater weight if the Supreme Court strikes down Trump’s use of the International Emergency Economic Powers Act. [to access the full story a Bloomberg subscription is required]
Musser Biomass announces a new sustainability partnership with Trex Company, the world’s largest manufacturer of wood-alternative decking and a pioneer in recycled materials innovation. Musser Biomass operates one of the most advanced low-temperature drying systems in North America, reducing energy use and preserving the integrity of wood fiber. Through partnerships like this one with Trex, Musser Biomass is further extending the life cycle of valuable resources and supporting a circular economy. Through its NextTrex program, Trex Company recycles everyday plastic film materials, keeping them out of landfills and turning them into high-performance composite decking. The updated packaging will begin rolling out nationwide. Musser Biomass produces premium wood pellets and engineered bedding using cutting-edge drying and screening technology.
The Trump administration’s latest tariffs on housing materials could raise the average cost of building a single-family home by nearly $9,000, according to a report Tuesday from UBS. Research analyst John Lovallo said the new levies include “an incremental 10% Section 232 tariff on softwood timber and lumber imports, as well as 25% levies on kitchen cabinets, vanities and upholstered wood products.” UBS estimates the lumber tariff will add about $720 per home, while cabinet and vanity tariffs could tack on another $280. Upholstered wood products were not included in the calculation because they are generally purchased by homeowners rather than builders. “As a result, we now estimate the total tariff impact on the cost to construct an average home at approximately $8.9K,” Lovallo wrote. …“Importantly, we continue to believe this cost impact will be spread throughout the entire housing value chain, with the builders perhaps best positioned to push back on suppliers,” he said.
President Trump ordered fresh tariffs on softwood timber, lumber, and wood furnishings, even as housing groups warn the move could drive up construction costs and furniture-industry advocates said the levies would lead to US job losses. The tariffs may, however, prove more legally durable than Trump’s reciprocal country-by-country penalties because they fall under Section 232 of the Trade Expansion Act, the same legal tool the White House has used to justify duties on steel and aluminum. …The measures hit Canada especially hard because the country already faces duties of more than 35%, a result of recent but separate trade initiatives. Publicly traded lumber producers most directly exposed include Canada’s West Fraser Timber, Canfor, and Interfor. In the US, Weyerhaeuser, Boise Cascade, and Louisiana-Pacific are the closest listed peers, with stocks prices that often move in step with lumber tariffs and demand. US-based furniture retailers may also experience pain, with many dependent on foreign wood.
Canada’s GDP managed to grow for the first time in four months in July, even as the economic impacts of American tariffs began settling in, according to Statistics Canada. On Friday, the agency reported that the gross domestic product increased by 0.2% in July compared with the month prior. In addition, Statistics Canada gave a preliminary estimate for August’s reading to show that the economy was “essentially unchanged in the month.” July’s figure was slightly higher than the 0.1% increase most analysts polled were expecting. …“Canada’s economy is tracking very soft growth in Q3. While not a recession, it’s still an economy that’s bumbling along,” said Derek Holt at the Bank of Nova Scotia. “The combined effect leaves us tracking growth of only about 0.7 per cent at a seasonally adjusted and annualized rate in Q3 — that’s hardly much of any rebound from Q2.”
BURNABY, BC — Interfor announced that it has entered into an agreement with a syndicate of underwriters led by RBC Capital Markets and Scotiabank, under which the Underwriters have agreed to purchase, on a bought deal basis, 12,437,800 common shares of the Company at a price of $10.05 per Common Share for gross proceeds of $125 million. The Company has agreed to grant the Underwriters an over-allotment option to purchase up to an additional 15% of the Common Shares. …The Company intends to use the net proceeds of the Offering to pay down existing indebtedness and for general corporate purposes. …Proceeds of the Offering are expected to further enhance Interfor’s flexibility to navigate near-term market volatility. The Offering is scheduled to close on or about October 1, 2025.
Average mortgage rates in September trended lower as the bond market priced in expectations of rate cuts by the Federal Reserve. According to Freddie Mac, the 30-year fixed-rate mortgage averaged 6.35%, 24 basis points (bps) lower than August. Meanwhile, the 15-year rate declined 21 bps to 5.50%. Despite the recent drop, rates remain higher than a year ago as last September saw the lowest levels in about two years. The 30-year rate is currently higher by 17 basis points (bps), and the 15-year rate is higher by 24 bps, year-over-year. …Markets began pricing in rate cuts from the Fed at the start of the month, particularly after news that jobless claims rose while inflation remained modest. On September 17, the Federal Reserve announced a 25 bps cut to the federal funds rate, bringing the target range to 4.00% – 4.25%. Falling mortgage rates have already shown an impact on housing activity. 
The Trump administration is planning to close some US Forest Service offices in Alaska under a national reorganization announced this summer. Public comment on the reorganization is open through Tuesday. …A spokesperson for the USDA said “We recognize this may be difficult, but we are hopeful that affected employees will remain with us through this transition.” In July, US Agriculture Secretary Brooke Rollins said she intends to close the Forest Service’s nine national regional offices “over the next year” but “will maintain a reduced state office in Juneau, Alaska, and an eastern service center in Athens, Georgia.” Research stations, like the Juneau Forestry Science Laboratory in Auke Bay, will be closed and “consolidated into a single location in Fort Collins, Colorado.” Nationally, Rollins said she intends to scatter more than half of the Agriculture Department’s 4,600 Washington, D.C.-based administrators to five regional hubs; one each in Utah, Colorado, North Carolina, Missouri and Indiana.
WASHINGTON — Tribal lands in the Pacific Northwest are earning national recognition for something the US Forest Service has struggled to achieve: healthy, resilient forests. …Their success is rooted in thousands of years of stewardship and a willingness to act where federal policy too often stalls. Long before European colonization, Indigenous people actively managed forests through cultural burning and selective thinning. “In my neck of the woods, there was a five to 15 year fire return interval that was clearly from tribal management,” said Cody Desautel, of the Confederated Tribes of the Colville Reservation, which extends across Washington and into British Columbia, Oregon, and Idaho. …“When you’re not managing these forest types like they were previously managed, Mother Nature is going to have a course correction and reset the clock,” said Steve Rigdon, tribal partnership stewardship and resource manager at Sustainable Northwest. That course correction has arrived.
OREGON — George Sexton said he’s attended a couple dozen timber auctions during his 23 years as conservation director at KS Wild, an Ashland-based environmental group. But when he showed up at the Bureau of Land Management office in Medford on Sept. 25 for a timber auction, he, a lawyer and a reporter for Jefferson Public Radio were not allowed to enter. Sexton said that for years, he’s attended the auctions to observe and make sure BLM follows its laws and that bidders know about potential lawsuits. In this case, KS Wild is planning litigation to stop the “Take A Chance” timber sale, one of the four that was being offered. Sexton said the public has only been blocked from the meetings recently, coinciding with the Trump administration’s focus on increasing logging. BLM said closing timber auctions isn’t a new policy and that it was never intended as a “public meeting.”
IDAHO — After a slew of firings and deferred resignations last winter, the loss of federal workers left holes throughout the Northwest. “When we get to peak fire season, it’s kind of an all-hands-on-deck call, if you will,” said Jim Wimer, a fire prevention officer for the Nez Perce-Clearwater National Forests. US Forest Service employees who are normally in the office — like wildlife biologists or hydrologists — jumped in to help with fire information this summer, he said. …Workers even drove trucks with supplies to wildfires, often working overtime to help, he said. Not only does it help local fire efforts, but it also gets people out to other parts of the country to gain unique experiences and helps other forests that are in similar situations, Wimer said. …This year, there have been 364 fires on land the agency manages, but not a lot of acreage burned, he said.
INDIANA — The controversial and slow-moving forest management plan inside the Hoosier National Forest hit another roadblock last week. All related activities — including timber sales, prescribed burns, road construction — have been temporarily halted by a court order. The Houston South Project would have opened up about 13,500 acres of the Hoosier National Forest to prescribed burning, 4,000 acres to logging, 2,000 acres to herbicide application and 400 acres to clearcutting. Opponents of the Houston South Project say this ruling is a meaningful step in the right direction. …Groups like the Indiana Forest Alliance have argued that cutting, spraying and burning on the steep slopes could lead to pollution in the reservoir jeopardizing drinking water quality and public health for the 130,000 people in the Bloomington area. …Chief Judge Tanya Pratt halted the project after finding that the USFS violated the National Environmental Policy Act in failing to consider the potential environmental impacts of the plan.
SPAIN — This summer has been marked by particularly severe forest fires in the northwestern region of Galicia, and locals have called for the revival of a once-common practice of burning undergrowth in the winter, Reuters reports. Hotter, drier summers mean more widespread and destructive forest fires, and locals and experts have called for controlled burning and other forest management methods to prevent such large-scale fires. In southern Galicia, the summer of 2025 brought the worst forest fires in 30 years. …Just a few weeks ago, the flames destroyed 190 square kilometers around the village where Perez lives. …Forestry experts and political leaders have said that a lack of investment in forest management and fire prevention over the past two decades has made the situation so dire. Victor Resco, at Leiden University, said that a new approach was needed across Europe at a time when fires are increasingly occurring closer to populated areas.
