Susan Holt
OTTAWA — New Brunswick Premier Susan Holt said premiers had a “productive” meeting with Prime Minister Mark Carney on Monday, mainly to discuss the federal budget and progress on tariff talks with the United States. Noting the impact of US tariffs on New Brunswick, Holt told reporters the group spoke about the plight of the softwood lumber industry and Carney indicated a “significant” new package is coming from the federal government. Ontario Premier Doug Ford also hinted that an announcement on steel and softwood lumber will be coming in the next “week or so. …“We talked about the budget, which was positive,” Ford told reporters Monday. “Told him we’re light on the infrastructure but I believe that’s going to be coming, an announcement on steel and softwood lumber that affects Ontario in a big way.” …The virtual meeting Monday morning was the first since U.S. President Donald Trump halted trade talks.
In related news: Former New Brunswick premier says lumber industry crucial for province
Canada’s forestry industry plans to divert a significant share of its wood exports from the US to new international markets. …The aim to send some 1bn board feet to alternative markets underscores how Trump’s tariffs are starting to reshape some global supply chains, although tensions between the US and Canada over wood exports have simmered for more than half a century. …“The US simply needs to fact-check better before they end up with a large shortage of lumber that may cause further housing shortages,” said Rick Doman, chair of FII BC. …Zoltan van Heyningen for the US Lumber Coalition said the American timber industry could replace 1bn board feet of Canadian imports “without batting an eyelid”. …The NAHB says at just 64% of capacity it “will take years” for US domestic lumber production to expand to meet industry demands. …Mike McDonald, a UK-based consultant, acknowledged it would take time to establish confidence among European consumers. [to access the full story a FT subscription is required]
HONG KONG — It is an image that just a year ago would have seemed unfathomable: the Canadian and Chinese leaders standing side by side. …The tide began turning early last month… Prime Minister Carney and leader Xi Jinping met on the sidelines of the Asia-Pacific Economic Co-operation summit in South Korea – the first time leaders of the two countries had met in eight years. …That has since been followed by another ministerial visit to China. China also reinstated Canada to its approved travel list for tour groups. …But as leaders in Ottawa and Beijing signal it may be time to start doing business again, some experts warn China could be attempting to exploit Canada at a vulnerable moment. …Meanwhile, the US has increasingly ramped up its economic war on its northern neighbor. …Beijing has said it will drop the canola tariffs if Ottawa does the same for Chinese electric vehicles.
PRINCE ALBERT, Saskatchewan — The sale of a defunct Prince Albert pulp and paper mill from Domtar to the Ontario-based BMI Group has ended plans to re-open the mill and sparked a search for industrial business tenants for the site. “The site will never be a pulp mill again. That is for sure,” said Chris Rickett, BMI Group’s head of government and community relations. After eight months of negotiations, BMI purchased the former Weyerhaeuser Prince Albert pulp mill site and buildings from Domtar, Canada’s largest pulp and paper company. …The former Weyerhauser Prince Albert Pulp and Paper Mill ceased operations in 2006. Approximately 700 workers at the mill lost their jobs, with further indirect job losses in the forestry industry. A spokesperson for the One Sky Forest Products said it is gathering investors to build an oriented strand board (OSB) manufacturing plant on the former mill site. 
Members of the management team for West Fraser’s 100 Mile Lumber appeared in front of the District of 100 Mile House Council to answer questions about the permanent closure of their 100 Mile House mill by the end of December. …Mayor Maureen Pinkney began the meeting, noting that the closure is sad news and that she was surprised they were going straight to closure without any curtailment. …Rob Baron, West Fraser’s regional manager of operations, said “The conditions that precipitated the decision to go to permanent closure are really entirely related to long-term viability related to the high cost of saw logs coming to this mill”. …They’re currently getting their shutdown coordinator set up and have resources on site to help their employees through the transition. …Baron said West Fraser doesn’t have any plans for what they’ll be doing with the property in the future, but welcomes anyone interested in the facility to contact them.
EAR FALLS, Ontario — Northerners know what it means to put in an honest day’s work. …But in Ear Falls, that northern way of life is under threat. In October, Interfor announced the indefinite closure of the Ear Falls sawmill. Over 160 jobs have vanished, and the community is left waiting—hoping that leaders in Ottawa and Toronto will step up, restore these jobs, and fight for the future of Ear Falls. But Ear Falls did not just stand by, they united. Workers, families, municipal leaders, Unifor, and MPP Sol Mamakwa stood shoulder to shoulder to demand action. …But the response from Premier Ford and Prime Minster Carney? Deafening silence. The indefinite closure of Ear Falls’ sawmill, and the silence from Conservative and Liberal governments lay bare the legacy of under-development, under-investment, and under-representation that holds Northerners back.
The Consumer Price Index (CPI) rose 2.2% on a year-over-year basis in October, down from a 2.4% increase in September. The all-items CPI decelerated largely due to gasoline prices, which fell at a faster pace year over year in October (-9.4%) compared with September (-4.1%). Excluding gasoline, the CPI rose 2.6% in October, matching the increase in September. …The CPI rose 0.2% month over month in October. On a seasonally adjusted monthly basis, the CPI was up 0.1%. …Consumers paid more year over year in October for homeowners’ home and mortgage insurance (+6.8%) and passenger vehicle insurance premiums (+7.3%). Among the provinces, prices rose the most in Alberta for both measures, with a 13.7% increase in homeowners’ home and mortgage insurance and a 17.8% increase in passenger vehicle insurance premiums.
The US Census Bureau announced the following value put in place construction statistics. …Construction spending during August 2025 was estimated at a seasonally adjusted annual rate of $2,169.5 billion, 0.2 percent (±0.7 percent) above the revised July estimate of $2,165.0 billion. The August figure is 1.6 percent (±1.5 percent) below the August 2024 estimate of $2,205.3 billion. During the first eight months of this year, construction spending amounted to $1,438.0 billion, 1.8 percent (±1.0 percent) below the $1,463.7 billion for the same period in 2024. …Spending on private construction was at a seasonally adjusted annual rate of $1,652.1 billion, 0.3 percent (±0.5 percent) above the revised July estimate of $1,647.5 billion. …In August, the estimated seasonally adjusted annual rate of public construction spending was $517.3 billion, virtually unchanged from (±1.2 percent) the revised July estimate of $517.5 billion. 
The Supreme Court could decide on the legality of many of the Trump administration’s tariffs within months, but the ruling won’t impact many of the administration’s levies on imported construction materials such as lumber, steel, aluminum and copper. …Many construction materials imported into the US will remain subject to hefty tariffs regardless of how the Supreme Court rules. Some homebuilding leaders warn that home prices could increase by thousands of dollars beginning next year. …Cristian deRitis, at Moody’s Analytics, said “While importers of other building materials might experience some relief, this could be temporary. The administration may choose to expand the Section 232 tariffs as a fallback strategy if the reciprocal tariffs are invalidated,” deRitis said. …There hasn’t yet been an increase in lumber prices, but NAHB Chairman Buddy Hughes forecasted that the lumber tariffs “will create additional headwinds for an already challenged housing market by further raising construction and renovation costs.”
Logs are a familiar sight on the beaches along the coast of Vancouver Island and Haida Gwaii and are often viewed positively, as they can stabilize the banks, be used for firewood or act as benches by beach-goers. However, new research from the University of Victoria (UVic) shows that these logs are not as innocuous as they seem. According to a study published by UVic biologist Tom Reimchen and two of his students, free-floating logs that wash ashore, referred to as drift logs, are causing widespread destruction of rocky intertidal ecosystems communities along the coast of Western Canada. …While drift logs may seem rather stable to the casual observer, more than 90 per cent of logs are displaced annually, and log movement during storms is frequent and extensive. This movement disrupts the ecological environment in the intertidal zone—the stretch of beach between the highest high tide and the lowest low tide. …This research was published in 
BANFF, Alberta – Because of this importance of whitebark pine, Parks Canada is working across the mountain national parks of Banff, Yoho, Kootenay, Jasper, Revelstoke-Glacier and Waterton Lakes to try to give endangered whitebark pine a fighting chance. The higher elevation trees, which can live to be 1,000 years old, are dying off at an alarming rate. Climate change, more than a century of wildfire suppression and mountain pine beetle are all playing a role, but the biggest threat comes from white pine blister rust. …One clear sign of infection is orange blisters on the bark. McLellan said less than one per cent of whitebark pine are naturally resistant to the rust. …Charlie McLellan said last summer about 6,500 rust-resistant saplings were planted in the Banff National Park field unit and in Kootenay National Park – made up of whitebark pine and limber pine, another species recommended to be listed as endangered.
Forest Stewardship Council (FSC) has confirmed that Motion 30/2025 passed at its General Assembly in Panama. The motion establishes a roadmap for a digital information and volume-control system designed to strengthen the integrity of FSC claims and reduce the risk of false or fraudulent declarations within the supply chain. FSC says the measure will support greater transparency and traceability across certified products. …The Policy Motion reads: FSC shall gradually phase in a requirement for Certificate Holders to use a universal information and volume control system. This system shall be implemented using a risk-based, stepwise approach with full implementation no later than 2030. FSC should also establish supporting tools and services to ensure that all producers and companies can comply with the requirement.
The controversial law was supposed to come into force in December last year but the latest proposal would see its implementation delayed for a second time to late 2026. European lawmakers backed on Thursday a proposal to slash due diligence requirements for business operators under the European Union’s anti-deforestation law, after pressure from industry groups and countries outside Europe claimed the law was too burdensome. The ballot followed the European Commission’s announcement last month of an IT glitch that effectively delayed the law’s implementation until the end of 2026. …Under the new draft bill to simplify the law, lawmakers backed a Commission proposal that seeks to reduce the data load handled by the IT system linked to the EU’s anti-deforestation law and to cut the administrative burden for farmers, foresters and other economic operators. …While most member states back the delay to 2026, many others continue to hold divergent views.
BRAZIL — More than 30 years after the world first came together in Brazil to tackle climate change, global temperatures are still rising and so is impatience with talk over action. …For decades, protecting forests felt like an uphill struggle. Now, that’s changing. Forest nations and partners around the world are rewriting the economics of conservation, turning forest stewardship into an engine of prosperity and sustainable growth. In Guyana, our pioneering system for high-integrity carbon credits has shown how trees can be worth more standing than cut down. Brazil’s leadership on the new Tropical Forests Forever Facility (TFFF) is creating a predictable, long-term finance reward for countries to preserve their forests and direct proceeds to Indigenous Peoples and local communities. Across the world, investors are beginning to recognise that keeping forests standing is not just good for the planet, it’s good for their bottom line.