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Business & Politics

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.

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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.

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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.

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Workers must come first: Unions issue urgent warning to Ottawa ahead of CUSMA review

By Robin MacLennan, Editor
Ontario Construction News
February 11, 2026
Category: Business & Politics
Region: Canada, United States

Some of Canada’s major labour organizations are urging Ottawa to put workers at the centre of any renegotiation of the Canada-US-Mexico Agreement as preparations begin for the pact’s mandatory 2026 review. Leaders met with Dominic LeBlanc, the federal minister responsible for Canada–US trade, for what they described as a high-level roundtable on the future of CUSMA amid rising trade tensions and renewed threats of U.S. tariffs. Canadian Labour Congress president Bea Bruske said unions delivered a “clear and urgent message” that Canada should not accept a revised trade deal that weakens domestic industry or costs Canadian jobs. …Bruske was joined by leaders from several large manufacturing and building trades unions representing sectors heavily exposed to trade policy decisions, including auto manufacturing, construction and resource-based industries. Bruske said the upcoming CUSMA review should strengthen Canadian industries and working-class communities, not “hollow them out” in the rush to renew the agreement.

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Unifor forestry delegates select Domtar as pattern bargaining target

Unifor Canada
February 6, 2026
Category: Business & Politics
Region: Canada

MONTREAL — Unifor delegates from across Eastern Canada kicked off bargaining preparations for the forestry industry by selecting Domtar as the target company for the upcoming round of pattern bargaining. “This is a critical moment for our forestry sector and for the members we represent across Eastern Canada,” said Unifor National President Lana Payne. “The industry is facing a number of serious challenges, but we have been through difficult times before and I have complete confidence in our local leaders to achieve fair collective agreements that make progress for workers.” …Key bargaining priorities were discussed at the conference including wage improvements, pension security, benefit coverage, Employment Insurance protections, and measures to support workforce stability and long-term sustainability of operations. …The pattern agreement reached with Domtar will serve as the template for negotiations with all other employers in the eastern forestry sector, including paper mills, sawmills, and forestry operations. 

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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. 

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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.” 

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Collapse of NDP-Green pact gives Eby one more excuse to call early election

By Rob Shaw
Business in Vancouver
February 10, 2026
Category: Business & Politics
Region: Canada, Canada West

The only thing more surprising than the collapse of the co-operation agreement between the BC Greens and NDP would have been if the two sides had agreed on a new deal. …The Co-Operation and Responsible Government Accord (CARGA)… didn’t seem to be meeting anyone’s needs. For the NDP, the deal was supposed to act as a safety net for a slim one-seat majority. …It worked for last year’s budget. But outside of that, the Greens refused to back the NDP on three other confidence matters. And for that, the government agreed to advance the Green causes… [including] an early review of CleanBC and another review of the forestry system. For the Greens …it was a mixed bag, at best. The NDP did launch reviews of CleanBC and forestry, but then didn’t accept the resulting recommendations. The documents seem destined for that dusty shelf in the legislature library where unwanted reports go to die.

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B.C. seeks to appeal DRIPA ruling in top court, says ‘core democratic values’ at risk

By Wolfgang Depner
The Canadian Press in Business in Vancouver
February 7, 2026
Category: Business & Politics
Region: Canada, Canada West

David Eby

VICTORIA — A First Nations leader says the BC government wants amendments that propose a “gutting” of its own reconciliation legislation. Robert Phillips, a member of the political executive of the First Nations Summit, says the First Nations Leadership Council has received and reviewed changes the province wants to make to the Declaration on the Rights of Indigenous Peoples Act, or DRIPA. Phillips said the details of the proposed changes are confidential for now. “But at this point, it’s pretty much almost gutting DRIPA out,” Phillips said of the proposed amendments. …The BC government said that it is asking the Supreme Court of Canada to hear an appeal of the landmark court ruling that found the province’s mineral claims regime were “inconsistent” with the law, while it would also be proposing amendments to the DRPIA Legislation in the coming session of the legislature. 

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Efforts to support laid-off workers ramp up after Crofton mill closure, Chemainus sawmill curtailment

By Jeff Lawrence
Chek News
February 8, 2026
Category: Business & Politics
Region: Canada, Canada West

Efforts to support forestry workers displaced by the closure of the Crofton pulp mill and the ongoing curtailment at the Chemainus sawmill are expanding, as local leaders press the federal government for clearer and more robust income supports. The District of North Cowichan says its Mill Closure Response Working Group met for the first time last week, bringing together municipal, provincial and federal representatives, along with labour, industry and impacted workers, to coordinate next steps. …“The stories we heard at the first working group meeting show how urgent this is,” North Cowichan Mayor Rob Douglas said. “This is why we’re continuing to press the federal government to extend employment insurance supports for all impacted workers and to release the forestry industry support funding announced last summer. People need income security while they plan their next steps.” Updates and resources for affected workers and businesses are available at northcowichan.ca/croftonmill.

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Potential reopening of B.C.’s Eskay Creek mine could become ‘powerhouse’ for northern economy

By Derrick Penner
The Vancouver Sun
February 7, 2026
Category: Business & Politics
Region: Canada, Canada West

Michael Goehring

News of another major mine inching closer to opening in BC’s northwest touched off a buzz in a region that has become more accustomed to absorbing job losses during a major downturn in the forestry sector. The mine proposal, Skeena Resources’s project to reopen the mothballed Eskay Creek gold mine, would mean more than 1,000 construction jobs to convert the underground mine to open-pit operations, then some 770 permanent jobs to run the facility. Eskay Creek environmental permit advances one of 24 major mine proposals across BC’s North. …BC’s main forest industry group, the Council of Forest Industries, has counted 21 permanent or indefinite sawmill closures since 2023 and 15,000 direct job losses in the sector since 2022. And while development of mining projects on the list is likely to unfold over decades, Association CEO Michael Goehring is confident “mining projects have the potential to offset or partially offset those job losses.”

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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.

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Smurfit Westrock to permanently close paper machine at La Tuque mill in Canada

Smurfit Westrock plc
February 9, 2026
Category: Business & Politics
Region: Canada, Canada East

LA TUQUE, Quebec — Smurfit Westrock announced it will permanently close one of the paper machines at its La Tuque, Quebec, mill. The machine’s annual production capacity of 127,000 tons of solid bleached sulfate (SBS) has faced ongoing scale and cost challenges. The change is part of the company’s commitment to strengthen its SBS portfolio and ensure the long-term competitiveness of its paperboard operations. Smurfit Westrock will also close the extrusion facility in Pointe-aux-Trembles, Quebec, which converts grades produced on the La Tuque machine. The closures will result in a limited workforce reduction of approximately 30 at La Tuque and approximately 60 at Pointe-aux-Trembles. …“This was a difficult but necessary decision to align with market realities and strengthen our long-term position,” said Laurent Sellier, president and CEO.

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J.D. Irving criticizes Holt Liberals for abruptly rejecting forestry proposal

By Adam Huras
The Telegraph-Journal
February 9, 2026
Category: Business & Politics
Region: Canada, Canada East

J.D. Irving, Limited has written a public letter criticizing the Holt government for abruptly torpedoing its pitch to conserve areas where it can currently harvest wood, including around municipal watersheds and tourism hot spots, in exchange for access to other already protected lands. It’s a swap the province’s largest forestry company contends has the support of several municipalities across the province that it spent months consulting. But it was quickly dismissed in a short public statement by Natural Resources Minister John Herron last week amid anger from environmental and Indigenous groups. That has now led JDI to call Herron’s response “the worst kind of reactive policy that puts investment, jobs and our economy at risk.” The company then also quotes Premier Susan Holt from her own recent state of the province address where she pledged a “steady hand” and no “rash decisions” as the province’s companies grapple with US tariffs.

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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.

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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. 

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Roseburg Rep responds to more Roseburg Forest Products layoffs

NBC News
February 9, 2026
Category: Business & Politics
Region: United States, US West

ROSEBURG, Oregon – Oregon lawmakers are reacting to another round of layoffs at Roseburg Forest Products. The company announced its third round of layoffs in six months on Wednesday, impacting approximately 146 positions at its Riddle plywood facility. The latest cuts bring Roseburg Forest Products’ total job losses to nearly 400 since September. Roseburg Republican State Representative Virgle Osborne, who worked for the company decades ago, said timber businesses have been forced to move away from what was once their core focus due to environmental regulations. “It has made timber more expensive. It has made the federal cut less, and we’re not able to be competitive as we used to be competitive. …Representative Osborne says the company has done what it can to adjust to the reality of the timber industry by moving toward engineered wood products and mass timber.

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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.” 

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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.

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Inside a high-tech Maine sawmill powering the state’s forest economy

By Scott McDonnell
WMTW ABC News 8
February 10, 2026
Category: Business & Politics
Region: United States, US East

ENFIELD, Maine — “Everything you see in back of us here is new,” said Jason Brochu of Pleasant River Lumber. Between this mill in Enfield and another in Dover-Foxcroft, Pleasant River Lumber produces about 130 million board feet of lumber each year. The operation employs around 300 Mainers with jobs tied to logging, trucking, cabinet-making and log home businesses. Reaching that level of production required a major investment. “Since 2018, we’ve put in about 100 now, probably $80 million on this site alone,” said Chris Brochu of Pleasant River Lumber. Inside the mill, the results are hard to miss. Advanced technology now drives nearly every step of the process. …For Pleasant River Lumber, owners say protection comes not just from forest management, but from trade policy. “Canada produces way more lumber than they need, so they’ve got to dump it somewhere. And we can’t compete with that,” Jason Brochu said.

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Hardwood built Kentucky. Now, the industry is at risk of collapse

By James Wells, GreenTree Forest Products
The Courier Journal
February 8, 2026
Category: Business & Politics
Region: United States, US East

On the ground in Kentucky, the consequences are devastating: sawmills shutting down nearly every week, skilled workers losing good-paying jobs and spreading ripple effects. …For much of the second half of the twentieth century, our mill and dozens of others across Eastern Kentucky produced Appalachian hardwood lumber used to make furniture, cabinets, flooring and countless other products that furnished American homes. Hardwood was not just a commodity; it was an economic engine, a cultural cornerstone for Kentucky. Today, it is hard to believe that this legacy industry is at real risk of collapse. …The offshoring of the US furniture industry roughly 25 years ago sharply reduced domestic demand for hardwoods. The 2008 recession deepened the damage, while cheaper substitute products steadily flooded the market. Then came the trade war with China — delivering a fatal blow to many family-owned sawmills and leaving the rest of the industry reeling.

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Boom or dust? How tariffs are helping this Maine sawmill but creating more uncertainty for others

By Emmett Gartner
The Maine Monitor
February 8, 2026
Category: Business & Politics
Region: United States, US East

Duties on Canadian imports are driving up domestic sales at some Maine lumber companies. …Protection from historically lower Canadian lumber prices has given Pleasant River Lumber the confidence to add an additional manufacturing shift in Enfield, according to co-owner Jason Brochu. Photo by Katherine Emery. …Historically Canadian companies have both outbid them for timber harvested in Maine and undercut American lumber prices when they export the finished lumber product back across the border. …An industry analyst and two other mill leaders said that inflation and a sputtering housing market make it unclear whether the tariffs will have a positive or negative effect on business in the long run. The effects of the tariffs will also vary based on the different products sawmills make. …Sawmills rely on certainty, said Alden Robbins, of Robbins Lumber, and neither the markets nor foreign trade relationships have been stable recently.

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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.

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Experts warn of pulp overcapacity in Finland

By Markku Björkman
Pulp and Paper News
February 11, 2026
Category: Business & Politics
Region: International

Finland’s forest industry could be forced to reduce capacity again as rising raw material costs and weaker market conditions weigh on profitability. That assessment comes from Juha Varis, senior portfolio manager at S-Bank. …The warning comes amid a more challenging environment for pulp and paper producers. Wood prices remain elevated while demand for several forest industry products has developed more weakly than expected, increasing investor expectations that production cuts may follow. …Björn Wahlroos said that a large and modern pulp mill in Finland could be forced to shut down due to a lack of raw material. His remarks triggered wider discussion within the sector. …Varis said overcapacity in the European forest industry is evident across several segments. He added that investors expect some reduction in capacity but that it remains unclear which companies or plants might be affected.

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Finance & Economics

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. ›

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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.

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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]

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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.”

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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.

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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.

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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. 

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Trade fears linger even as the Bank of Canada survey brightens outlook

By Liezel Once
The Canadian Mortgage Professional
February 10, 2026
Category: Finance & Economics
Region: Canada, United States

The Bank of Canada’s latest survey of financial-market participants pointed to a modestly brighter growth outlook than the central bank’s own projections, even as trade tensions with the US remain the dominant threat hanging over Canada’s economy and housing market. In the fourth‑quarter Market Participants Survey, 93% of respondents cited an “increase in trade tensions” as the top downside risk to Canadian growth, well ahead of tighter global financial conditions and weaker consumer spending. Participants still assign a 20% probability to a recession over the next six months, but their median forecast calls for real GDP growth of 1.6% by the end of 2026 and 1.9% by late 2027, slightly stronger than the Bank’s own projections of 1.1% and 1.5%. While the survey suggests some stabilization in expectations, it underscores that tariff policy remains the key macroeconomic swing factor. …PwC Canada’s latest survey among 133 CEOs showed that only 27% expect the domestic economy to improve over the next 12 months.

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Housing starts momentum to slow as economic uncertainty weighs on demand

By Kevin Hughes, Deputy Chief Economist
Canada Mortgage and Housing Corporation
February 10, 2026
Category: Finance & Economics
Region: Canada

Kevin Hughes

OTTAWA — Canada’s homebuilders will continue to face headwinds from higher costs, weaker demand and more unsold homes, particularly in the condominium market, as new home construction is set to decline through 2028. Geopolitical and trade uncertainty and slow population growth will continue to weigh on housing demand, but with pronounced regional differences across the country. This according to the latest Housing Market Outlook (HMO) released by Canada Mortgage and Housing Corporation (CMHC). …At the national level, housing demand is expected to remain low, with sales staying below historical averages and prices showing modest gains after falling in 2025. Elevated rental construction will continue to drive new supply but will moderate over the forecast period. However, regional housing markets vary significantly. Construction and home sales in Ontario and British Columbia will be weaker than their 10-year averages, while remaining above historical averages in the Prairies and Quebec.

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U.S. Lumber Coalition Applauds Treasury Secretary Bessent For Stating the Facts Regarding Softwood Lumber

The US Lumber Coalition
February 6, 2026
Category: Finance & Economics
Region: Canada, United States

Treasury Secretary Scott Bessent, during a recent Congressional hearing, stated the simple facts regarding softwood lumber prices: prices are at historical lows and are driven by supply and demand factors… they not driven by President Trump’s implementing additional tariff measures. …”It is unfortunate that the misleading campaign by the NAHB and Canada attacking President Trump’s enforcement and tariff measures, which are designed to help the US become self-sufficient in its lumber needs, continues to be echoed by others,” added van Heyningen. …The cost of lumber makes up less than 2% of the total cost of a new home, and hence never has and never will be a factor in housing affordability. …Canadian softwood lumber companies pay virtually all of the duties and tariffs, not U.S. consumers. …(note: approximately 93% of duty deposits paid through 2023, i.e., $5.8 billion, is slated to be liquidated into the US Treasury.)

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Lumber Futures Drop to Near 4-Week Lows

Trading Economics
February 5, 2026
Category: Finance & Economics
Region: Canada, United States

Lumber futures slipped below $590 per thousand board feet, the lowest level in nearly four weeks, as housing demand weakened and earlier restocking momentum faded. Demand softened as financing costs edged higher and housing activity cooled, with US pending home sales plunging 9.3% month on month in December 2025, removing a key source of construction and renovation related wood consumption ahead of the spring building season. At the same time, mills continued running to rebuild inventories after the winter squeeze, increasing physical availability while distributors reported quieter order books. The combination of softer demand and rising availability encouraged position unwinds after January’s rally, with falling volumes and open interest amplifying the price decline. [END]

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Western Forest Products reports Q4, 2025 net loss of $17.5 million

Western Forest Products Inc.
February 10, 2026
Category: Finance & Economics
Region: Canada, Canada West

VANCOUVER – Western Forest Products reported adjusted EBITDA of negative $6.2 million in the fourth quarter of 2025. In comparison, the Company reported Adjusted EBITDA of $14.4 million in the fourth quarter of 2024 and Adjusted EBITDA of negative $65.9 million in the third quarter of 2025, which included a non-cash export tax expense of $59.5 million related to the determination of final duty rates from the sixth Administrative Review. Net loss was $17.5 million in the fourth quarter of 2025, as compared to a net loss of $1.2 million in the fourth quarter of 2024, and net loss of $61.3 million in the third quarter of 2025. …For the full year 2025, the net loss was $82.4 million compared to to a net loss of $34.5 million in 2024. …“Despite more challenging markets and higher softwood lumber duties and tariffs in 2025, we enter 2026 with a significantly improved balance sheet to navigate the expected near-term market uncertainty,” said Steven Hofer, President and CEO of Western Forest Products.

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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. 

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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. 

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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.

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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.

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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%. 

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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.

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US Construction Costs on the Rise: Unpacking the Producer Price Index Price Surge

By Alex Carrick
Construct Connect
February 10, 2026
Category: Finance & Economics
Region: United States

The US Bureau of Labor Statistics (BLS) reports that as of December 2025, the year-over-year increase in consumer prices and construction bid prices both stood at 2.7%. While an annual price increase below 3.0% is generally considered manageable, several factors suggest construction material costs are more concerning than they may appear. …The international oil market has been relatively stable, with gasoline prices decreasing by 10.8% in the PPI and diesel fuel costs dropping by 8.2%. Additionally, the weak new homebuilding market has eased pressure on construction materials. Softwood lumber prices declined 8.2%, while plywood and gypsum saw slight gains of 0.6% and 0.5%, respectively. Particle board and oriented strandboard (OSB) prices retreated significantly, falling 28.5%. …Two key PPI sub-indices reveal broader trends in construction material prices. The “inputs to new construction” series rose 3.5% year-over-year, while the “construction materials special index” climbed a steeper 6.2%. These figures indicate that some materials are experiencing sharp price hikes, particularly those affected by tariffs.

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Weaker Demand, Unchanged Lending Conditions for Residential Mortgages in Fourth Quarter

By Eric Lynch
The NAHB Eye on Housing
February 10, 2026
Category: Finance & Economics
Region: United States

Lending standards for most types of residential mortgages were essentially unchanged but overall demand was weaker in the fourth quarter of 2025, according to the recent release of the Senior Loan Officer Opinion Survey (SLOOS). However, for commercial real estate (CRE) loans, lending standards for multifamily were looser, while standards for construction & development were essentially unchanged. Demand for construction & development loans was stronger, while demand for multifamily loans was essentially unchanged for the quarter. After three consecutive 25 basis point cuts to finish 2025, the Federal Reserve decided to maintain its key short-term interest rate (i.e., Federal Funds) unchanged during its first meeting of 2026. …Given the current macroeconomic landscape and a change in leadership at the Fed as Jerome Powell’s term as Chair ends in May, NAHB anticipates that any further rate cuts will occur in the latter half of this year.

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US Builders’ Top Challenges for 2026

By Ashok Chaluvadi
NAHB Eye on Housing
February 5, 2026
Category: Finance & Economics
Region: United States

The most significant challenge builders faced in 2025 was high interest rates, as reported by 84% of builders in the latest NAHB/Wells Fargo Housing Market Index survey. A smaller, albeit still significant share of 65% expect interest rates to remain a problem in 2026. The next four most serious issues builders faced in 2025 were buyers expecting prices/interest rates to decline (81%), concern about employment/economic situation (65%), the cost/availability of developed lots (63%), and negative media reports making buyers cautious (62%). Builders expect these challenges to persist with limited improvement in 2026. In addition to those top tier challenges, 54% to 61% of builders also reported facing serious problems in 2025 with cost/availability of labor (61%), rising inflation in the US economy (59%) gridlock/uncertainty in Washington (58%), impact/hook-up/inspection and other fees (57%), and local/state environmental regulations and policies (54%). Looking ahead at 2026, fewer builders expect high interest rates (65%) rising inflation in the US economy (46%) to be a significant problem.

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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.

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Suzano reports Q4, 2025 net income of $R116 million

Reuters in Trading View
February 10, 2026
Category: Finance & Economics
Region: International

Brazilian pulp maker Suzano posted a core profit and a net revenue for the fourth quarter above analysts’ expectations, while also announcing a new share buyback program and its market pulp strategy for the year. Core profit, or adjusted earnings before interest, taxes, depreciation and amortization (EBITDA), stood at 5.58 billion reais, down 14% year-on-year. Suzano attributed the core profit fall to a lower average net pulp price and the depreciation of the US dollar against the Brazilian real in the period. Net profit of 116 million reais reversed a 6.7 billion real loss, on the back of lower net financial expenses. Net revenue fell 8% to 13.1 billion reais. Volumes of pulp sold by Suzano rose 4% to 3.4 million metric tons; paper sales increased 10% to about 474,000 tons.

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Russia timber industry under pressure after 2.5% lumber output drop

Wood & Panel Europe
February 10, 2026
Category: Finance & Economics
Region: International

Russia’s lumber industry is entering a period of sustained pressure as production volumes continue to fall and regulatory risks increase. Official data shows that lumber output declined by more than 2.5% last year, reinforcing concerns across the forestry and wood processing sectors. According to Rosstat, Russia’s lumber production dropped from 29.2 million cubic metres in 2024 to 28.48 million cubic metres in 2025. Output remains well below historical highs. Current production is estimated to be 2 to 3 million cubic metres lower than the 2019 peak of roughly 32 million cubic metres. The downturn reflects structural challenges rather than short-term disruption. Domestic demand has weakened. Export markets have narrowed. Access to European machinery and technology has been reduced. These pressures are being felt across both logging and downstream processing operations. China now absorbs more than 70% of Russia’s lumber exports. …Softwood lumber production fell by 3.5% last year. Output declined to 25.7 million cubic metres. 

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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. 

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Sustainable and supportive timber and wood products

By Kelly Pau
The Architect’s Newspaper
February 10, 2026
Category: Wood, Paper & Green Building
Region: United States

As mass timber continues to grow in popularity in the US, manufacturers are evolving the scale and sourcing of wood production to meet rising demand. Mercer Mass Timber – Mercer Mass Timber recently helped complete the pictured Anthony Timberlands Center for Design and Materials Innovation, which uses Southern Yellow Pine CLT at its core. Mid-Atlantic Timberframes – For an addition to Pennsylvania’s Lancaster Airport, Mid-Atlantic Timberframes used Southern Yellow Pine LaminatedDecking to merge the new construction with glulam structures from the 1980s. …Sylva Thermally Modified Red Oak – This thermally modified wood cladding is sourced from abundant and sustainably grown U.S. forests, which helped make it a winner in the AN2025 Best of Products Awards. …Mass Timber Modules – Kalesnikoff designed cross-laminated-timber modules to build Integrated Design Cubed’s Knight Building, a 95-bedroom employee housing complex in Montana, which was constructed in 11 months thanks to this smart-timber design.

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Why Architects Are Returning to Timber: The Renaissance of Wooden Windows in High-End Home Design

FINE Magazine
February 8, 2026
Category: Wood, Paper & Green Building
Region: United States

Walk through any design-forward neighbourhood… and you’ll notice something the catalogues haven’t caught up with yet. The windows are changing. After decades dominated by vinyl, aluminium, and composite frames, timber is making a decisive return to high-end residential architecture. And the architects driving this shift aren’t motivated by nostalgia. They’re choosing wood because, for the homes they’re designing, nothing else performs quite the same way. The broader design world has been moving in this direction for several years. Mass timber construction, reclaimed wood interiors, rammed earth walls, natural stone — the 2025–2026 architectural conversation is dominated by what designers call “material honesty.” The idea is straightforward: use materials that are what they appear to be. No laminate pretending to be oak. …The knock against timber windows has always been practical: they need maintenance, they warp, they cost more. Two decades ago, much of that was fair. Modern engineered timber has changed the equation.

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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. 

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Wildfire home insurance under fire in Southern California

International Association of Fire and Rescue Services
February 5, 2026
Category: Wood, Paper & Green Building
Region: United States, US West

California’s wildfire insurance crisis intensified this week as major insurers faced renewed scrutiny over denied or delayed payouts, while regulators and lawmakers moved to address mounting consumer complaints. The Los Angeles Times reported that insurers defending their claims‑handling practices are under pressure after fire survivors said they were required to produce extensive documentation — including itemized inventories and receipts — before receiving payments, even when their homes were completely destroyed. Lawmakers criticized the practice as burdensome and insensitive to victims who lost everything in the fires.  According to the Guardian, the industry’s retreat from high‑risk regions has accelerated, with non‑renewals and steep premium increases affecting thousands of homeowners across Southern California. Some residents reported annual premiums rising into the tens of thousands of dollars as insurers adopted increasingly aggressive wildfire‑risk scoring models. 

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Michigan Awards $350K to Jump-Start Nine Mass Timber Building Projects

The Iron Mountain Daily News
February 7, 2026
Category: Wood, Paper & Green Building
Region: United States, US East

LANSING, Michigan – A state program to aid mass timber projects in Michigan has been extended for the Upper Peninsula after the region submitted no applications for funding in 2026. …A supplemental call for proposals makes available $50,000 through March 2. Those awards will be announced March 16. The awardees are:

  • Genesis, Highland Park: $60,000. Reuse of an existing 2-story apartment building.
  • CoHab House, Lansing: $60,000. Part of the larger Churchhill Gardens project.
  • Daniels and Zermack Architects: $45,000. Renovation and addition.
  • Sam Beauford Woodworking Inst: $45,000. Educational facility for skilled trades.
  • The Hive Building B, Detroit: $40,000. The Hive on Gratiot, six-story structure.
  • Bella Vita Condos, Traverse City: $25,000. A mixed-use, multistory development
  • Kent County Admin Building, Grand Rapids: $25,000. 
  • MSU Research Foundation, East Lansing: $25,000. New institutional project.
  • Mixed-Use Building, Mt. Pleasant: $25,000. Hybrid construction types.

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Takeaways from COP 30 for the building sector and next steps

By Roxana Dela Fiamor
US Green Building Council
February 9, 2026
Category: Wood, Paper & Green Building
Region: International

At COP 30 in Belém, Brazil, the 2025 United Nations climate conference was widely seen as an “implementation COP”. …Here, USGBC shares concrete initiatives from COP 30 for a people-centered transition of the buildings sector and what will shape the agenda in 2026. …Public procurement and low-carbon construction – The ICBC adopted a Global Framework for Action on Sustainable Procurement, recognizing that public spending, around 13–20% of GDP, can serve as a strategic lever to create demand for low-carbon construction materials and practices. By leveraging the purchasing power of national and local governments, policymakers can send the long-term market signals needed to shift the construction sector toward net zero, given that construction and infrastructure together account for the largest share of public authority budgets. Ministers and over 300 stakeholders also endorsed the Principles for Responsible Timber Construction, promoting bio-based, circular building practices and ensuring the sustainable management of wood resources as demand grows.

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Forestry

’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.

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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.

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FireSmart funding running dry has B.C. fire chiefs worried

By Jordy Cunningham
The Ladysmith Chemainus Chronicle
February 7, 2026
Category: Forestry
Region: Canada, Canada West

Surprised and devastated. That was West Kelowna Fire Chief Jason Brolund’s initial reaction to hearing about changes to the FireSmart program due to a lack of funding. The FireSmart Community Funding and Supports (FCFS) program closed its intake application on Jan. 30, according to the Union of BC Municipalities (UBCM). “To hear that the funding is abruptly not being replenished is really concerning for us,” said Brolund. “We know our community is no stranger to wildfire. We know the devastating effects that it can have.” The FireSmart Program is a provincially-funded initiative to increase the awareness of community-based planning and acitivies to reduce the risk of wildfire. …In lieu of this, UBCM president Cori Ramsey is asking for B.C. Premier David Eby to make renewing the FireSmart funding a priority while encouraging local governments and First Nations to write about the benefits they’ve gained from the program.

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“Task forces are where things go to die,” Public Workers of Canada Local 8 president

Byu Justin Baumgardner
My Cowichan Valley Now
February 9, 2026
Category: Forestry
Region: Canada, Canada West

NORTH COWICHAN, BC — A representative for mill workers in North Cowichan addressed council to oppose the idea of a special task force to identify why mills are closing in the region. Adrian Soldera, president of Public and Private Workers of Canada Local 8… said everyone already knows why the mills are closing and that a new task force would be a waste of time. …He said the Crofton mill is ending several jobs at its plant and that the Chemainus sawmill now faces extended curtailment efforts due to a fibre crisis. Soldera added that putting another group together to investigate why the mills are closing would be redundant. …“its like asking for a committee to study why a house is on fire while the roof is already collapsing,” Soldera said. “Every day this task force spends sitting in a boardroom another family in a mill town wonders if they can pay their mortgage.”

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BC Natural Resources Forum: A different economic consensus has emerged

By Jim Rushton
Resource Works
February 6, 2026
Category: Forestry
Region: Canada, Canada West

PRINCE GEORGE, BC — In the early 2010s, a shift back toward resources was underway. Today, that consensus has strengthened and broadened. At the BC Natural Resources Forum, both Premier Eby and Opposition Leader Trevor Halford placed strong emphasis on the projects underway and openly championed the North. They declared their support for the direction BC is taking on natural resources and infrastructure, though there remain tactical disagreements. … The big downer is forestry. …“The forest sector, without doubt, has been the hardest hit sector,” Premier Eby said. …He highlighted reforms under the Path 45 program, aimed at increasing the province’s actual timber harvest. …Kim Haakstad, president and CEO of the BC Council of Forest Industries (COFI), announced that “a coalition of forestry workers, community leaders, and industry representatives have organized an online petition asking the BC government for immediate changes to forestry policies that are making it difficult for companies to operate.” 

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BC report highlights forestry problems, but political will remains the barrier to real reform

Wildsight
February 8, 2026
Category: Forestry
Region: Canada, Canada West

The Provincial Forest Advisory Committee’s (PFAC) report on forest management acknowledges long-standing problems in BC’s forestry system, but ultimately fails to address the core reasons meaningful reform has stalled for decades, says Wildsight. While the report includes some positive recommendations — including support for a publicly accessible, LiDAR-based forest inventory and new regional, area-based planning structures — it does not confront the political barriers that continue to undermine forest protection, ecosystem health and public confidence. “The biggest obstacle is not a lack of data — it’s a lack of political will and leadership,” said Eddie Petryshen. “Decisions about old-growth protection are being delayed because the system still prioritizes perceived timber supply impacts over ecological health and the public interest.” …“Unless the PFAC report is followed up by broad-scale legislative change, it risks becoming yet another document that gives the illusion of progress, yet fails to deliver any real solutions.”

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BC’s latest forest study leading to more ‘land back’

By Tom Fletcher
The Western Standard
February 7, 2026
Category: Forestry
Region: Canada, Canada West

BC NDP Forests Minister Ravi Parmar avoided the usual political pledges to accept recommendations from the latest in-depth analysis of the province’s troubled forest industry. The NDP government’s appointed experts, the Provincial Forest Advisory Committee, tabled their findings on February 2 after a six-month review of an industry that is moving from decline to collapse. …Parmar took the NDP’s familiar path, rather than address the sweeping recommendations to restructure the entire forest land base… he said the mill closures that are devastating communities across the province are mostly Donald Trump’s fault. …The report calls this a “land care” system. Its recommendations give a careful nod to indigenous rights and title. Of course, the NDP government has already begun its own project to establish regional management areas… with Crown land control being quietly turned over to selected indigenous groups claiming title. It sidesteps a too-slow BC Treaty Commission and bypasses Canadian case law.

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Northward Shift of Boreal Tree Cover Confirmed By Satellite Record

By Chris Burns
NASA Scientific Visualization Studio
February 6, 2026
Category: Forestry
Region: United States

For the first time, researchers have been able to confirm that our planet’s boreal forests are on the move. Using nearly a quarter million Landsat satellite images spanning 36 years, scientists have confirmed for the first time that Earth’s boreal forest—the planet’s largest forested biome—is shifting northward, revealing unprecedented changes in this critical ecosystem that stores more than a third of the world’s forests and helps regulate our global climate. [5 min. video]

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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.

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Montana forester on timber lawsuits: ‘Judges shouldn’t be managing our forests’

By Duncan Adams
The Bozeman Daily Chronicle
February 10, 2026
Category: Forestry
Region: United States, US West

MISSOULA, Montana — Forester Sean Steinebach felt stunned when US District Court Judge Donald Molloy in Missoula vacated a federal magistrate judge’s favorable recommendations about the proposed South Plateau timber project. “Judge Molloy is a thorn in my side,” said Steinebach, outreach forester for Sun Mountain Lumber, based in Deer Lodge. …Molloy’s ruling was filed Dec. 11, vacating March 31 recommendations by Magistrate Judge Kathleen DeSoto that had allowed the project to proceed. Sun Mountain Lumber operates a sawmill in Deer Lodge and one in Livingston. …Steinebach said incessant lawsuits by environmental groups like the Alliance for the Wild Rockies, the Center for Biological Diversity and the Council on Wildlife and Fish sabotage timber projects, threaten sawmill communities, loggers and others. …One key issue for Judge Molloy was secure habitat for grizzly bears, but Canada lynx habitat was also a concern. Both are considered threatened species under the Endangered Species Act.

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University of Oregon research overturns long-held ideas about forest fires in the western Cascades

By Karen Richards
KLCC Public Radio
February 8, 2026
Category: Forestry
Region: United States, US West

University of Oregon Assistant Research Professor James Johnston said he was taught that when a large fire burned a moist, Western Cascade forest to the ground, and the area didn’t burn for hundreds of years afterward, that’s what created a complex, old-growth landscape. Instead, his study found that ancient tree stumps in the Mount Hood and Willamette National Forests had burn scars from multiple fires over their long lives. It’s the first time tree-ring scars have been used to document fire records in the region. Johnston said forests are complex because of—not in spite of—lower-severity wildfires which don’t kill many of the trees. …Johnston said to figure out the best ways to foster healthy forests, relatively recent upheavals also need to be considered. Those include clearcuts, human infrastructure at the margins of forests, and hotter and drier weather patterns.

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Washington plan to kill barred owls a futile waste of money

By Ann Donnelly, Clark Country Republican Party
The Columbian
February 7, 2026
Category: Forestry
Region: United States, US West

Quietly, garnering little public attention, armed federal agents of the US Fish and Wildlife Service are seeking to shoot every barred owl in Pacific Northwest forests. The grisly plan exemplifies government at its most misguided. Barred owls are being condemned for being invasive. But are they? They have been present in Pacific Northwest forests for 130 years. Barred owls are prolific and adaptable. The spotted owl is neither. It has been listed as a threatened species since 1990. Spotted owls have benefited from decades of restrictions. The limits have been costly for our region’s timber industry and rural communities. Yet the spotted owl population has not rebounded. …Exterminating the barred owl has been criticized as futile, inhumane and costly by bipartisan coalitions of Senate and House members, by animal rights advocates, and Audubon Society chapters. …Secretary Burgum should end the plan and preserve owl habitats and the timber industry.

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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.

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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.

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Carbon, Climate & Bioenergy

Canada eyes boosting fines for industrial emissions

By Anne Mulkern
E&E News by Politico
February 10, 2026
Category: Carbon, Climate & Bioenergy
Region: Canada

Mark Carney

Major Canadian factories and power plants could soon pay more for their planet-warming emissions. Prime Minister Mark Carney is pushing to strengthen a federal policy that forces many industrial, manufacturing and electricity-generating facilities to reduce their carbon intensity. The aim is, in part, to make up the emissions reductions lost when Carney ended a carbon tax on gasoline, diesel and natural gas consumption. Carney’s administration is already negotiating potential rule changes with oil-rich Alberta, a province responsible for about a quarter of the country’s greenhouse gas emissions. The two aim to agree on changes by April 1. But with many provinces using their own carbon-pricing system, changing the federal standards could be politically difficult, experts said. Canada’s 10 provinces and three territories regulate several hundred factories and power plants. [to access the full story an E&E News subscription is required]

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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.

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Trump EPA set to repeal scientific finding that serves as basis for US climate change policy

The Associated Press
February 10, 2026
Category: Carbon, Climate & Bioenergy
Region: United States

WASHINGTON — The Trump administration on Thursday will revoke a scientific finding that long has been the central basis for US action to regulate greenhouse gas emissions and fight climate change, the White House announced. The Environmental Protection Agency will issue a final rule rescinding a 2009 government declaration known as the endangerment finding. That Obama-era policy determined that carbon dioxide and other greenhouse gases endanger public health and welfare. …White House press secretary Karoline Leavitt said… the action “will save $1.3 trillion in crushing regulations,” she said. …The endangerment finding 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. It is used to justify regulations, such as auto emissions standards, intended to protect against threats made increasingly severe by climate change — deadly floods, extreme heat waves, catastrophic wildfires and other natural disasters.

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Global economy must move past GDP to avoid planetary disaster, warns UN chief

By Matthew Taylor
The Guardian UK
February 9, 2026
Category: Carbon, Climate & Bioenergy
Region: International

The global economy must be radically transformed to stop it rewarding pollution and waste, UN secretary general António Guterres has warned. Speaking to the Guardian after the UN hosted a meeting of leading global economists, Guterres said humanity’s future required the urgent overhaul of the world’s “existing accounting systems” he said were driving the planet to the brink of disaster. “We must place true value on the environment and go beyond gross domestic product as a measure of human progress and wellbeing. Let us not forget that when we destroy a forest, we are creating GDP. …In January, the UN held a conference in Geneva titled Beyond GDP attended by senior economists from around the world. …A report published by the group late last year argued that… the need for an economic transformation had become increasingly urgent.

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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. 

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Federal board investigates fatal chemical release at Baileyville, Maine pulp mill

News Center Maine
February 9, 2026
Category: Health & Safety
Region: United States, US East

BAILEYVILLE, Maine — Federal investigators are looking into a chemical release at the Woodland Pulp mill in Baileyville that killed one worker and injured nine others. The US Chemical Safety and Hazard Investigation Board said Monday it has opened an investigation into the January 27 incident at the facility. One of the injured workers remains hospitalized. The person who died was a 20-year-old University of Maine student taking part in an internship at the mill. According to the company, the release may have occurred when concentrated sulfuric acid mixed with sulfurous compounds within an enclosed sewer. The reaction can generate toxic hydrogen sulfide gas. The release occurred in the mill’s bleach plant area. Investigators will examine chemical handling practices, process safety systems, and the company’s emergency response. A team has already been sent to the site to collect evidence, conduct interviews, and review records. 

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