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.
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.
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.
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.
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.
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 
Montana’s forestry industry is entering this year with more questions than answers, from low lumber prices to high housing costs for workers to questions about tariffs, but there is room for strategic adaptation. That’s according to an economist who gave an update on the sector in the 2026 Montana Economic Report, put out by the Bureau of Business and Economic Research at the University of Montana. …Scott said the number of people employed in the private sector in forestry in Montana statewide has dropped in 2025. …His main points are that while timber harvests are down, the federal government is making a push to increase harvests. …He said the Trump administration’s tariff policy remains another wildcard. “A combination of lumber and trade-related tariffs has been implemented to bolster domestic demand, by raising the cost of Canadian lumber… it is still too early to tell whether these measures will meaningfully shift trade flows.”
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.
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.
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.”
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.
VANCOUVER, BC
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.
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]
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.
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. 
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%. 
When it comes to housing affordability, the logic of “build build build” is straightforward enough: Housing is too expensive. If there were more of it, prices would fall. …Homebuilders are even pushing a plan for a million new affordable houses. …Unfortunately, it’s not that simple. The problem of housing affordability is much bigger than insufficient supply; it’s a mismatch with demand. And that demand is driven by income inequality that has seen soaring income growth at the top and tepid growth (or even stagnation) in the middle. In other words: The way to improve housing affordability is to reduce income inequality. …What’s needed are policies that increase income for households at the bottom and middle. Rather than boosting the housing supply in the hope that they benefit, the answer is to fix the labor market to make sure that they do. 
Long-term mortgage rates continued to decline in January. According to Freddie Mac, the 30-year fixed-rate mortgage averaged 6.10% last month, 9 basis points (bps) lower than December. Meanwhile, the 15-year rate declined 4 bps to 5.44%. Compared to a year ago, the 30-year rate is lower by 86 bps. The 15-year rate is also lower by 72 bps. The 10-year Treasury yield, a key benchmark for long-term borrowing, averaged 4.20% in January – an increase of 8 bps from the previous month, but remained considerably lower than last year by 43 bps. While mortgage rates typically move in tandem with the treasury yields, the spread between the two narrowed during the month. Reports that the Trump administration encouraged Fannie Mae and Freddie Mac to expand purchases of mortgage-backed securities (MBS) boosted demand for MBS, pushing mortgage rates lower. However, treasury yields rose sharply in the final week of January from global and fiscal pressures. 
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. 
The federal government 
Imagine if we embraced wood as the primary solution for everything we are capable of building tall. As Canada and industry mobilize to scale our national housing stock under Build Canada Homes, I believe that the way we build in Canada is on the precipice of a pivotal moment. Optimizing mass timber for multifamily residential construction — a key pillar of the federal housing plan — presents a tremendous opportunity to bolster our forestry and manufacturing economies while gaining on national targets for emission reductions. On top of delivering urgently needed housing, prioritizing Canadian mass timber is also regenerative for our communities, our economies and our planet. …Having received Royal Assent in 2009, British Columbia’s Wood First Act was enacted to promote the use of wood in provincially funded buildings — a prime example of legislation that strengthened the provincial forestry industry and heavily influenced mass timber adoption across the province. 
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. 
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
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:
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.
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.
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.”
The Provincial Forest Advisory Committee’s (PFAC) 
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 
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]
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.
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.
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.
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.
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. 
Construction in New York City is one of the most dynamic and demanding industries in the country — but it’s also one of the most dangerous. …That’s why innovation in building materials and methods can have a real impact not only on efficiency and sustainability but also on safety. One such innovation, mass timber, is gaining traction. …Mass timber components are prefabricated in controlled factory settings. This approach greatly reduces the need for tasks like cutting, welding, or mixing concrete on-site — tasks that are commonly associated with jobsite injuries. …Additionally, since large panels arrive ready to install, crews spend less time working at height, which directly reduces the risk of falls — the leading cause of construction fatalities in the U.S., according to OSHA’s fall protection guidelines. …It also means a reduced need for powered hand tools and high-decibel equipment, lowering the risk of accidents related to hand injuries or communication breakdowns.