The BC Supreme Court’s decision in Cowichan v. Canada has drawn national attention. For the first time, a Canadian court has granted a declaration of Aboriginal title over privately owned lands. …But at the same time, the New Brunswick Court of Appeal in J.D. Irving v. Wolastoqey Nation ruled that the private lands held by timber companies were not subject to declarations of Aboriginal title. …We need to understand each ruling to understand the trajectory of Canadian law’s engagement with reconciliation. It’s clear that the rulings in fact point in just one direction, because Cowichan can be sustained only by rewriting the Supreme Court’s settled doctrine of Aboriginal title, while Wolastoqey, with one severable modification, remains faithful to it. Of the two decisions, only Wolastoqey offers an approach that is legally sound and clear in its application. …Wolastoqey demonstrates that proven wrongs can be addressed through compensation and negotiation without unsettling land titles or distorting the doctrine of Aboriginal title; Cowichan does the opposite. [to access the full story a Globe & Mail subscription is required]
Acadian Timber, one of Canada’s largest forest landowners, wants to close the performance gap between New Brunswick and its business in Maine, a goal its new interim CEO says is achievable despite labour and market challenges. …Malcolm Cockwell, who was named interim boss last month, said, “There are a lot of strong companies here that are investing in their facilities and running them pretty consistently even in challenging markets. Maine is a little bit more hit-and-miss with facilities not being as consistent with their operating schedule and a number of facilities dropping out over the last couple of years.” Acadian has just under 1 million hectares of land under management across New Brunswick and northeastern Maine, with approximately 313,000 hectares of freehold timberlands – privately owned forest land – in New Brunswick and 121,000 in Maine. …One way to make that happen in Maine is to improve Acadian Timber’s contractor base.
WASHINGTON STATE– Current and former employees are suing Western Forest Products’ Vancouver operation, alleging the company failed to give employees breaks and pay wages owed. …Western manufactures lumber at its Fruit Valley location and formerly operated a Columbia Vista sawmill that closed after a fire last year. …The group of current and former employees also allege Western Forest Products didn’t keep accurate payroll records. The complaint states about 40 employees could have been impacted by the alleged practices. Babita Khunkhun, spokesperson for Western Forest Products, said “While we cannot comment on the specifics of the allegations at this time, we take all employee concerns seriously,” Khunkhun said. The company is reviewing the lawsuit and will respond through the appropriate legal process, she added. Western Forest Products recently unveiled plans to expand its Fruit Valley manufacturing operation.
PENSACOLA, Florida — West Fraser is requesting a tax break from Escambia County as the lumber company prepares for a planned expansion at its McDavid sawmill. Escambia County staff prepared a draft ordinance proposing the Canadian-based lumber company receive a 70% ad valorem tax exemption for a period of five years. …West Fraser applied for an EDATE for the assessed value of certain improvements. If the exemption is granted… over the next five years, the estimate of the taxable value lost to the county if the exemption is granted is $70,252,000 improvements to real property. In 2023, the board adopted a resolution supporting West Fraser’s expansion and agreed to consider the lumber company’s EDATE application when it was submitted. The county is scheduled to vote March 26 at its board meeting on scheduling a public hearing to consider establishing an EDATE for West Fraser. 
At the Advanced Bioeconomy Leadership Conference, US Department of Agriculture Administrator J.R. Claeys announced the USDA is guaranteeing $115.2 million across eight states (
Lumber futures fell below $600 per thousand board feet as a slowdown in the North American housing market and rising financing costs outweighed persistent supply constraints. This downward pressure was driven by a 5.4% decline in building permits and a sharp 14.2% collapse in single-family housing starts, which signaled a cooling of construction activity as the spring season began. Additionally, 30-year fixed mortgage rates climbed to 6.22% following the Federal Reserve’s decision to hold interest rates steady, the market was further pressured by a sharp drop in crude oil prices that reduced the energy-heavy transport and production overheads. These factors effectively neutralized the marginal one-point gain in the NAHB Housing Market Index to 38, leaving 37% of builders reliant on deep price cuts to move a 2.4% increase in unsold inventory. Structural supply issues like the 45% combined duties on Canadian softwood and ongoing sawmill closures continue to provide a floor.
VANCOUVER, BC — Conifex Timber reported results for the fourth quarter and year ended December 31, 2025. EBITDA* from continuing operations was negative $12.6 million for the quarter and negative $27.5 million for the year, compared to EBITDA of negative $2.1 million in the fourth quarter of 2024 and negative $13.6 million for the year. Net loss was $35.7 million or negative $0.87 per share for the year versus net loss in the preceding year of $29.8 million. …Our lumber production was 147.9 million board feet in 2025 reflecting an annualized operating rate of 62%. Lumber production in 2025 benefited from higher operating rates in the first half of the year but was impacted by curtailments and modified operating configurations in the second half of 2025 in response to lower lumber prices and higher duty deposit rates and tariff impositions. Lumber production in 2024 was 134.8 million board feet, reflecting an annualized operating rate of 56%.
ONTARIO — Potential buyers across Ontario are poised to receive a significant tax discount on newly-built homes, but only for a limited time, as the Ford government looks to boost a sector struggling with a slump in sales. As part of his spring budget, Finance Minister Peter Bethlenfalvy is expected to announce that the provincial portion of the harmonized sales tax will be removed for anyone buying a newly-constructed home, rewriting a policy the government introduced just months ago. …Ontario’s pledge to waive its portion of the HST came shortly after a similar announcement by the federal government — allowing first-time homebuyers to save up to $130,000 on a new home under $1 million, and lower rebates for homes costing up to $1.5 million. But the offer failed to ignite the market, forcing the government to take a second pass at the policy, and offer the discount to a wider swath of purchasers. 
Economists have pulled up their risk assessments of a U.S. contraction amid heightened uncertainty over geopolitical risk and a labor market that for the past year has shown strains over the past year. “I’m concerned recession risks are uncomfortably high and on the rise,” said Mark Zandi, chief economist at Moody’s Analytics. “Recession is a real threat here.” Twin concerns about growth and unemployment have triggered talk of stagflation, a characterization that Fed Chair Jerome Powell has rejected. But the threat of a prolonged war, pressure on consumers and a labor market that, outside of health care, lost hundreds of thousands of jobs last year has kept concerns elevated.
The Trump Administration is scavenging for ideas to lower costs for home-buyers. One idea being considered is to ease credit checks for loans backed by Fannie Mae and Freddie Mac—that is, backed by taxpayers. Americans saw a version of this policy two decades ago, and it didn’t end well. Mortgage rates have dropped in the last year, but many Americans still can’t afford to buy a home. Enter the Mortgage Bankers Association, which is lobbying the Administration to let lenders underwrite mortgages based on a single credit report. The outfit says this would reduce borrower costs. Maybe, but taxpayers may pay a bigger price later if this results in more defaults. The Federal Housing Finance Agency currently requires lenders to pull three credit reports. …The real reason lenders want to eliminate the tri-merge requirement is so they can make more loans to borrowers with poor credit. [to access the full story a WSJ subscription is required]
According to a joint study from the American Institute of Architects, the Associated General Contractors of America, and ConstructConnect® News, tariff-driven cost increases are causing delays and cancellations for some projects across the country. …The NAHB has worked alongside Senators Jacky Rosen and Chris Coons to introduce legislation that would address the housing affordability crisis by creating an exemption process for building materials from tariffs. The Housing Tariff Exclusion Act would exempt many home building materials from President Trump’s current and future tariffs and allow importers to apply for tariff exemptions. …Though the Housing Tariff Exclusion Act has not been passed yet, it would be a boon to not only manufacturers, but also to the construction teams and homeowners across the country that have been unable to move forward with their projects due to the current leap in pricing. 
US stocks were set to surge at the opening bell Monday, after President Donald Trump announced that he was postponing all military strikes on Iranian power plants for a 5-day period. Iranian state media responded to Trump’s post by saying the US president has “backed down” after Iran’s firm response. Iran’s semi-official Mehr news agency also relayed a message from the nation’s foreign ministry that, “there is no dialogue between Tehran and Washington.” S&P 500 and Nasdaq futures initially soared about 3% on Trump’s post, but those gains faded to about 1.6% after the statements from Iranian media. …Oil prices also fell about 5%, with U.S. crude oil trading down to around $92 per barrel around 8:15 a.m. ET. International Brent crude oil fell to around $105 per barrel. Initially, oil prices had plummeted 10% on Trump’s post.
CONCORD, New Hampshire — A bill moving forward at the State House aims to address a decades-old discrepancy in how wood strength is rated. New Hampshire lawmakers approved Senate Bill 529, which gives preference to US-harvest lumber. The bill requires state-funded building projects to include design specifications for US-sourced spruce-pine-fir. …In the early 1990s, the U.S. and Canada developed separate systems to rate the strength of framing lumber. Canadian lumber is labeled SPF, while American lumber is labeled SPFs. SPFs ended up with a lower design strength value, even though the wood used on both sides of the border is nearly identical. …Over time, the difference in design specifications has given Canadian lumber a competitive advantage, putting Hampshire lumber at a disadvantage. While lawmakers can’t change international industry standards, they can influence how the state purchases lumber for its own construction projects.
A national organization is seeking people with experience in Canada’s forestry sector as they put together a working group that will examine ways to improve forest recovery following wildfires. Jessica Kaknevicius is the CEO of Forests Canada. She said last year the group reached out to tree planting organizations, to ask them how they are changing their planting practices after forest fires. “We got a lot of insight in terms of this kind of gap of knowledge with how should we be planting differently?” “That’s everywhere from looking at species selection, to looking at how densely are we planting, health and safety of planters, where are we planting, all those things,” she said. “From that dialogue last year, what really came about was the need to bring together a national working group to share best practices, identify gaps, to get better trees in the ground, and really focus on survivability.”
When the US announced plans to rescind a rule limiting roadbuilding and timber harvests on national forests, officials called the repeal necessary to prevent and manage wildfires. But as the USDA prepares to release its draft environmental impact statement for the rescission, that justification is unraveling. And many critics of the move see the claim that roads are needed to fight fires in remote forests as cover for a giveaway to the timber industry. …Wildfires on federal lands average about five times the size of those in the rest of the country, leading some land managers to argue that national forests are a front line for fighting the nation’s steep increase in wildland blazes. Yet a new study has fire scientists, frontline firefighters, legal experts and the agency’s own historical record saying that roads don’t reduce wildfire risk; they multiply it. [see 
Finland’s sawmill industry is warning of serious economic fallout if proposed restrictions on logging are implemented. According to industry representatives, between 3,000 and 4,000 jobs could be lost, while export revenues and overall economic activity may decline significantly. The debate follows calls from Finland’s climate and nature panels to reduce logging levels in order to meet climate and biodiversity targets. The proposal would cut annual harvest volumes by around 15 per cent by 2035. The industry group Sahateollisuus ry says the impact could be substantial. CEO Tino Aalto argues that limiting logging poses a direct threat to the sector. …He estimates that the total economic impact could reach around 3 billion euros, as both export revenues and income from timber sales decline. …At the same time, the sector is already under pressure. Rising raw material costs and weak demand have weighed on profitability. …The conflict between climate policy and industrial competitiveness is therefore set to continue.
BC has quietly eliminated its Climate Action Secretariat, the long-running agency that produced and implemented climate policy across government ministries. In an email to staff, Peter Pokorny, deputy minister of energy and climate solutions, said that “to align with key priorities” some secretariat staff would move to new subject matter, including supporting LNG, pipelines and gas fracking. …Other staff will be moved to a newly formed “climate solutions” division, which will also bring in staff from the now-folded “energy decarbonization division.” The new division will focus on some of the secretariat’s previous responsibilities, including emissions accounting and efforts to reduce emissions in sectors like buildings, transportation and industry. …Stand.earth, described the move as part of the “slow-motion death” of the province’s climate plan, CleanBC. …The Ministry of Energy and Climate Solutions pushed back on the idea that it had eliminated the secretariat, instead referring to the cuts as a “reconfiguration.”
Drax, the U.K. company that operates the world’s largest wood-fired power plant, recently made headlines when it said that it will stop using trees cut down in Canada as part of its feedstock. But the move, which has been hailed by some in the environmental community as a huge milestone, won’t make an iota of difference on the ground in Canada — or anywhere else for that matter. That’s because Drax is both a major consumer and producer of wood pellets, which are burned like coal, natural gas and oil in thermal power plants around the world to produce electricity. …The company will shift to sourcing those pellets from elsewhere. …One consequential but almost completely ignored aspect of the Drax story is that “switching” from coal to wood hasn’t made so much as a dent in global demand for coal — or greenhouse gas emissions. In fact, worldwide use of both wood and coal continues to rise.
For more than 30 years, the United Nations World Meteorological Organization has told us how terrible things are getting with global climate change. Their annual “State of the Climate” report is a compendium of climate change facts and figures collected throughout the previous 365 days. It’s an authoritative look at the state of our global climate and its increasingly precarious condition. …This year’s edition, covering 2025, is out today. The findings are stark, even frightening. But, like every year, it also feels like a bit of a rehash. …The fact that the past 11 years were the hottest on record? Yawn. The announcement that greenhouse gases in the air are at unprecedented levels for all of human history? Wake me when you’ve got something new to report. …The findings should be jarring reminders of planetary vital signs flashing red. But similar observations were made last year … and the year before that.
