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Business & Politics

Canada Employs Unfounded Scare Tactics in Attempt to Attack President Trump’s Successful Trade Policies

The US Lumber Coalition
July 23, 2025
Category: Business & Politics
Region: Canada, United States

WASHINGTON — CNN published an article citing the Canadian Chamber of Commerce… claiming that tariffs on Canadian building materials, with an emphasis on lumber, will drive up the cost of housing for US consumers. This is incorrect. …”In order to continue seeing the massive growth of US softwood lumber production capacity that we have seen over the last nine years as a result of US trade law enforcement, it is essential that President Trump takes all necessary steps to downsizing Canada’s unsustainable 8 billion board feet of excess lumber capacity that is stifling continued US growth,” said Andrew Miller. …”Canadian softwood lumber companies, not U.S. consumers, directly pay the import duties through their U.S. subsidiaries. …”Canada is desperately trying to avoid paying their bill to the US taxpayers. …They are suggesting relieving Canada from having to pay future duties while continuing to dump their excess lumber into the US market,” added Zoltan van Heyningen.

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Canfor’s 77%-owned subsidiary, Vida AB, expands with Swedish Acquisition

Canfor Corporation
July 22, 2025
Category: Business & Politics
Region: Canada, United States, International

VANCOUVER, BC – Canfor announced today that its 77%-owned subsidiary, Vida AB, has entered into an agreement to purchase AB Karl Hedin Sågverk from Mattsbo Såg AB and certain minority shareholders for a purchase price of $164 million, including working capital of ~$39 million. AB Karl Hedin Sågverk operates three sawmills located in Central Sweden and will add approximately 230 million board feet to Vida’s annual production capacity. Following completion of this acquisition, Vida will have annual production capacity of approximately 2.1 billion board feet. Annual synergies of approximately $15 million are expected to be achieved within three years as a result of this transaction principally related to alignment of marketing programs as well as log procurement and operational practices. …These operations have access to exceptionally high-quality timber and are well positioned to complement Vida’s high-value product offering,” said CEO Susan Yurkovich. …The transaction is expected to close over the next several months.

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Carney to brief premiers on US trade discussions as Trump deadline bears down

By Catherine Lévesque
The National Post
July 22, 2025
Category: Business & Politics
Region: Canada, United States

Mark Carney

OTTAWA — Prime Minister Mark Carney will be offering his update on trade talks with the White House when he sits down with the premiers Tuesday, while discussing their concerns as an Aug. 1 deadline for more tariffs rapidly approaches. Carney is joining the provincial and territorial premiers during their summer gathering in Muskoka, Ontario. …On Monday, Quebec Premier François Legault said he will tell Carney he wants protection in negotiations for supply management for the dairy, egg and poultry sectors. BC Premier David Eby has said he hoped Carney would kick off trade discussions by trying resolve the softwood lumber issue, which has been a trade irritant between Canada and the U.S. for decades. Carney recently said he thought it unlikely that there wouldn’t be at least some tariffs in any deal struck before Aug. 1, though most of Canada’s trade with the U.S. is protected by the Canada-U.S.-Mexico Agreement.

Related coverage in:

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Investing in communities: Domtar puts vision into action

By Jennifer Johnson
Tissue Online
July 18, 2025
Category: Business & Politics
Region: Canada, United States

Through the Domtar Connects program, employees lead impactful local initiatives—ranging from education and environmental projects to support for Indigenous communities—reflecting a long-term, values-driven commitment to social responsibility. …With nearly 14,000 employees across more than 60 locations, Domtar’s footprint is large, but its approach is local. The Domtar Connects community investment program responds directly to the unique needs of each operating community, ensuring that support is tailored, meaningful and led by employee input. Recent highlights include: 

  • Scholarships for trade students near our Windsor and Ashdown mills that help encourage the next generation of skilled labor. 
  • Urban tree planting projects in Montreal that give employees an opportunity to work alongside local youth and educators
  • Emergency response equipment donations in rural towns that help improve safety resources for first responders
  • Support for Indigenous cultural programs that contribute to the preservation of language, history and community connections

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Why the US and Canada Are at Loggerheads Over Lumber

By Ilena Peng
Bloomberg Economics
July 18, 2025
Category: Business & Politics
Region: Canada, United States

The US and Canada… have feuded over “softwood” lumber since the 1980s. …Canada has long resisted changing its trade practices on lumber. But as the Trump administration has become more bellicose about its trade relationship with Canada, the country’s stance may be softening. On July 16, BC Premier Eby said Canadian officials are now open to a quota. …Any added fees from the US would likely further hamper an already struggling Canadian industry and benefit the US South. But the US would likely struggle to offset the lumber it gets from Canada in the short-term, driving up housing prices. …Though the US has some spare capacity to turn more timber into construction materials, a fully domestic supply chain would likely still require the construction of new sawmills and additional trained workers to operate the facilities. …Another factor for US suppliers and buyers is that US and Canadian lumber are not a perfect swap. [to access the full story a Bloomberg subscription may be required]

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Trade top of mind as Canada’s premiers are set to hold three-day meeting in Ontario

By Allison Jones
The Canadian Press in CTV News
July 20, 2025
Category: Business & Politics
Region: Canada, United States

Canada’s premiers’ summer gathering in Muskoka will also feature a meeting with Prime Minister Mark Carney, as trade talks with the US are expected to intensify. Most of what the premiers are likely to discuss stems from President Trump’s tariffs: trade negotiations, the direct impact on industries such as steel and aluminum, the increased pushes to remove interprovincial trade barriers and speed up major infrastructure and natural resource projects. …“Canada is not open to us,” he said. “They need to open their market. Unless they’re willing to open their market, they’re going to pay a tariff. Lutnick also said Trump intends to renegotiate the Canada-U.S.-Mexico agreement next year, when the pact is slated to undergo a joint review. Carney has said Canada is trying to get an agreement on softwood lumber exports included in the current round of negotiations with the United States.

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Trump could crush Canada’s softwood exports. Here’s how a new crisis could play out

By Tracy Moran
The National Post
July 20, 2025
Category: Business & Politics
Region: Canada, United States

The Canada-US softwood lumber trade relationship has dealt with ups and downs for decades. …Canadian firms will soon receive word from the US Commerce Department… with the rate expected to jump from around 14% to 34%. …“Canfor’s rate will be ~45%,” said Andrew Miller, chair of the US Lumber Coalition. …Then there’s the threat of tariffs from President Donald Trump’s ongoing national security investigation of Canadian lumber imports under Section 232 of the Trade Expansion Act. …The US Lumber Coalition is playing for keeps. …Miller isn’t shy about the goals: “A countrywide quota with no exemptions and no carveouts, and a single-digit market share” for Canadian lumber. …The coalition is pushing for a tariff rate from the Section 232 investigation that starts at 15 to 20% and goes higher from there. That, Miller explained, will incentivize U.S. sawmill owners struggling with thin margins to hire more people and invest in upgrades, bolstering U.S. production.

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Toxic effluent, repeated penalties plague BC Domtar mill

By Stefan Labbé
Business in Vancouver
July 21, 2025
Category: Business & Politics
Region: Canada, Canada West

SKOOKUMCHUCK, BC — A BC pulp and paper mill has once again been struck with environmental penalties after provincial inspectors found it had discharged acutely toxic effluent into the Kootenay River and failed to properly maintain equipment that treats the facility’s toxic waste. The three penalties to the Domtar’s Skookumchuck, BC, mill span 2022 to 2024 and totalled more than $56,000. They come just over a month after the Ministry of Environment and Parks penalized the mill north of Cranbrook for nearly two dozen failures to control the release of emissions. …Tests carried out on mill effluent in the summer of 2023 found it was toxic to trout. Domtar submitted that the toxicity only lasted for a short duration. Environmental Management Act Jennifer Mayberry determined the violations were of a medium severity. …A spokesperson for Domtar said the company planned to appeal parts of the decision.

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Province promises more wood heat, wood buildings in wake of Northern Pulp selling off assets

By Taryn Grant
CBC News
July 17, 2025
Category: Business & Politics
Region: Canada, Canada East

Days after Nova Scotia’s forestry sector was dealt a major blow, the province is promising to use more wood to heat and construct public buildings — although officials deny any connection between the two developments. Two cabinet ministers made the announcement Thursday at Ledwidge Lumber, a sawmill in Enfield, N.S. Public Works Minister Fred Tilley said every government department is being directed to look for opportunities to use wood products that are leftover after trees have been harvested and milled for lumber. The products could include mass timber, wood pellets, biomass and biofuels. Tilley said the move was driven by the province’s desire to become more self-reliant, reduce fossil fuel use and produce more locally-made construction materials. …Meanwhile, lawyers for Northern Pulp were in a British Columbia courtroom on Thursday where they received approval for a plan to extend creditor protection while preparations continue to auction off the outfit’s Nova Scotia assets.

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‘We want to see softwood on the table in these trade talks’: Premier Holt

By Adam Huras
The Telegraph-Journal
July 17, 2025
Category: Business & Politics
Region: Canada, Canada East, United States

Susan Holt

New Brunswick Premier Susan Holt says she’s part of a push to see a nearly decade-long softwood lumber standoff end as part of a larger new trade deal with the US. But the premier stopped short of saying whether her government supports the idea of a quota limit,” if that’s what it takes to finally reach a deal. …“The tariffs that are currently in place on softwood lumber are damaging to New Brunswick and the forecast that those tariffs are going to increase significantly has put a real chilling effect on a critical industry for our province.” …New Brunswick’s largest forestry company J.D. Irving, Limited currently pays a duty of 11.68%, while the province’s other softwood producers, including Arbec, H.J. Crabbe & Sons Ltd., Marwood, and Twin Rivers have been assessed a combined rate of 14.54%. The preliminary plans for higher duty rates are set to take effect by September.

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Are we suckers for giving out ‘job creating’ loans like Northern Pulp too easily?

By John DeMont
The Chronicle Herald
July 17, 2025
Category: Business & Politics
Region: Canada, Canada East

Stop me if you have heard this one before. A company from away lands and makes loud noises about hiring hundreds of people in a job-hungry rural part of Nova Scotia. Government puts up millions of our dollars to bring in a new industry it really doesn’t understand. …Sometimes it works, other times the receivers move in or the multi-nationals move out. Then the recriminations begin. They already have in the 58-year-long saga of Northern Pulp and its predecessor companies which limps to a conclusion in Nova Scotia. This province has had a few successful commercial transplants. …But it is our high-profile failures, like this week’s announcement that Northern Pulp not only wouldn’t build a mill on the South Shore but has started selling off its assets, that seem to stick. …Enough companies have gone bust, sometimes spectacularly so, that they should serve as cautionary tales.

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Cascades invests more than $3.5 million in its Kingsey Falls tissue plant

Cascades Inc.
July 17, 2025
Category: Business & Politics
Region: Canada, Canada East

Hugues Simon & Jérôme Porlier

KINGSEY FALLS, Quebec — Cascades announced it has recently invested $3,560,000 to upgrade a strategic converting line at its Kingsey Falls tissue plant. The investment involved replacing a packager and bagger with higher-performance equipment, which will result in two major benefits, namely optimizing the bathroom tissue packaging process and increasing productivity. The project is expected to increase the converting line’s production rate at the packaging level by 8% compared to current performance levels, as well as improve overall line throughput, specifically through improved availability and a faster average speed. …This investment exceeding $3.5 million—part of our continuous improvement efforts—demonstrates our commitment to driving our growth,” said Hugues Simon, President and CEO of Cascades. …Opened in 1977, the Kingsey Falls tissue plant currently serves the residential hygiene solutions market. 

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Dormant Grays Harbor pulp mill fined $2.3 million for toxic chemical spills

By Ann Duan
The Olympian
July 22, 2025
Category: Business & Politics
Region: United States

The Washington State Department of Ecology announced that it is fining a Cosmopolis pulp mill owner a total of $2.3 million for ecological damage caused by toxic chemical leaks from the defunct facility. The owner has 30 days to pay the fine or appeal to the Pollution Control Hearings Board. The Cosmo Specialty Fibers pulp mill, once a Weyerhaeuser specialty cellulose mill, shuttered its operations in 2022, but the facility’s non-operational storage tanks have leaked toxic chemicals ever since. …The site’s owner [Richard Bassett] has been issued several notices to address dangerous spills for almost a decade, but the Department’s request has consistently been met with inaction. …In April, Bassett said he intends to reconcile with the state after he reopens operations at the mill. …Bassett’s track record shows an interest in Northwest towns with decrepit pulp mills. His past ventures include an unsuccessful attempt 20 years ago to reopen the Port Alice mill in British Columbia.

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Trump’s Canada tariffs will enable China’s rise

By Daniel Dorman, Center for North American Prosperity and Security
The Washington Examiner
July 18, 2025
Category: Business & Politics
Region: United States

Daniel Dorman

The direct effects of President Trump’s tariffs on Canada are well known: the North American economy will suffer on both sides of the border, deeply integrated and productive industries such as energy and autos will be upended, and America will thwart its ambitions to bring about a manufacturing renaissance by cutting off the primary inputs from Canada (steel, lumber, and critical minerals) that would enable such onshoring. …Not only are these tariffs pushing Canada deeper into a relationship with China, but at the same time, they are also forcing the US economy into continued dependence on China for key resources. …Canadians should demand that Carney see through China’s charm offensive and continue to call out China as a pressing threat to Canadian sovereignty. Americans should call on Trump to recognize the danger of alienating allies in a world shaped by China’s global ambitions.

Related in CBC News: US commerce secretary dismisses question that free trade with Canada is dead

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AF&PA Appreciates US Efforts to Address Non-Tariff Trade Barriers

The American Forest & Paper Association
July 14, 2025
Category: Business & Politics
Region: United States

WASHINGTON – American Forest & Paper Association (AF&PA) President and CEO Heidi Brock today reacted to recent US-EU trade negotiations: “We appreciate President Trump and his administration’s efforts to further enhance fair and reciprocal trade with key partners like the European Union. Addressing tariff and non-tariff trade barriers is crucial to ensuring a positive trade relationship for the pulp, paper, packaging and tissue products manufacturing industry. “The EU’s deforestation free regulation (EUDR), which has been identified as a non-tariff trade barrier by the U.S. Trade Representative, risks over $3.5 billion in annual forest products exports to the EU. “We encourage President Trump and his administration to continue working towards a fair and reciprocal trade relationship with the EU that fixes this regulation while improving other aspects of trade for U.S. paper manufacturers.”

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US Trade Representative to investigate Brazil’s trade, ethanol and forestry market practices

By Joe Adamy
Michigan Farm News
July 17, 2025
Category: Business & Politics
Region: United States, International

Is Brazil playing fair when it comes to trade? An investigation launched July 15 by the Office of the United States Trade Representative (USTR) aims to find the answer. The Section 301 investigation will seek to determine whether acts, policies, and practices of the Government of Brazil related to a host of trade issues — including ethanol market access and forestry practices — are “unreasonable or discriminatory and burden or restrict U.S. commerce.” “Brazil has walked away from its willingness to provide virtually duty-free treatment for U.S. ethanol and instead now applies a substantially higher tariff on U.S. ethanol exports,” the USTR office wrote in announcing the investigation. The announcement also said Brazil appears to be failing to effectively enforce laws and regulations designed to stop illegal deforestation — which undermines the competitiveness of U.S. producers of timber and ag products.

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Lionel Landry, former SFPA President, died July 15. He was 85

Southern Forest Products Association
July 22, 2025
Category: Business & Politics
Region: United States, US East

Lionel Landry

Lionel Landry, a former president of the Southern Forest Products Association and the longest-serving director of the Forest Products Machinery & Equipment Exposition (EXPO) who worked at SFPA from 1966-2005, passed away Tuesday, July 15. He was 85. Lionel began his career with the Southern Pine Association (which became SFPA in 1970) in 1966 as office manager. He was promoted to corporate secretary and EXPO director three years later. …Lionel served as director of 18 EXPOs from 1967-2001, which included 10 in Atlanta and five in New Orleans. During that time, he assisted Keith Judkins on the 14th EXPO, then John Zin with the 15th and 16th EXPOs. Lionel succeeded Karl Lindberg as SFPA president in 2003 and retired December 31, 2005, at which time Digges Morgan took over. …Lionel also served as chairman of the International Association of Exhibitions & Events (IAEE) in 1973.

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Việt Nam’s wood industry faces market shifts, looks towards new horizons

Viet Nam News
July 19, 2025
Category: Business & Politics
Region: International

Amid global economic uncertainties and tightening trade policies, Việt Nam’s wood industry is navigating through significant headwinds. While long considered a strong export sector, local enterprises are now re-evaluating their strategies to not only sustain growth but also reposition Vietnamese wood products on the global trade map. According to Nguyễn Liêm, chairman of the Bình Dương Furniture Association, major shifts in trade policies among importing countries have been felt since early this year. …The US remains the largest market, accounting for nearly 50% of the industry’s export value. …Recently, the US Department of Commerce (DOC) initiated anti-dumping and countervailing investigations into plywood imported from Việt Nam. …Besides the US, the European Union has also implemented new technical and legal requirements. Regulations such as the EU Deforestation Regulation (EUDR), the Carbon Border Adjustment Mechanism (CBAM), and the Corporate Sustainability Reporting Directive (CSRD) are demanding more rigorous environmental and traceability standards.

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Finance & Economics

West Fraser Timber reports Q2, 2025 loss of $24 million

West Fraser Timber Co. Ltd.
July 23, 2025
Category: Finance & Economics
Region: Canada, United States

VANCOUVER, BC — West Fraser Timber reported the second quarter results of 2025. …Second quarter sales were $1.532 billion, compared to $1.459 billion in the first quarter of 2025. Second quarter earnings were $(24) million compared to earnings of $42 million in the first quarter of 2025. Second quarter Adjusted EBITDA was $84 million compared to $195 million in the first quarter of 2025. Highlights include: Lumber segment Adjusted EBITDA1 of $15 million; North America Engineered Wood Products (“NA EWP”) segment Adjusted EBITDA1 of $68 million; Pulp & Paper segment Adjusted EBITDA1 of $(1) million; and Europe Engineered Wood Products (“Europe EWP”) segment Adjusted EBITDA1 of $2 million. “Demand for many of our wood-based building products slowed in the second quarter as spring building activity fell short of our expectations. This was more acute in our NA EWP segment, which experienced further easing of demand as the quarter progressed, consistent with government data pointing to softer U.S. new home construction,” said CEO Sean McLaren.

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Canada tariffs could add $14,000 to the cost of building a home by 2027, report warns

By Samantha Delouya
CNN Business
July 22, 2025
Category: Finance & Economics
Region: Canada, United States

President Trump’s tariffs could have an unintended side effect: making homeownership even less affordable for many Americans. A new report from the Canadian Chamber of Commerce estimates that the average cost of building a US home could rise by an additional $14,000 by the end of 2027 if tariffs on Canadian imports remain in place, even as many experts estimate that America needs millions more affordable homes. In 2023 alone, Canada accounted for 69% of US lumber imports, 25% of imported iron and steel and 18% of copper imports, all key construction materials, the report said. The White House pushed back on the assertion that tariffs would increase costs for Americans. …The report underscores that Trump’s tariff policy, intended to support American industry, may instead worsen housing affordability. Taking into account tariffs first imposed during Trump’s first term, the total added cost from tariffs could reach $20,000 per home by 2027, the Canadian Chamber of Commerce found.

Related coverage in the Washington Examiner: Trump tariffs on Canada could increase domestic cost of homebuilding by $14,000

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Homebuilding alone won’t solve Canada’s housing crisis

By Jake Fuss and Austin Thompson
The Fraser Institute in National Newswatch
July 21, 2025
Category: Finance & Economics
Region: Canada

During April’s election campaign, the Carney government promised to double the pace of homebuilding in Canada by 2035—an unlikely outcome in light of Canada’s shortage of construction workers and investment dollars. But even if homebuilding were miraculously doubled, it would not solve Canada’s housing affordability crisis. That’s the sobering conclusion of a recent report from the Canada Mortgage and Housing Corporation (CMHC), which modelled what would happen if the rate of homebuilding between 2025 and 2035 were double what it is today. Even under this hypothetical decade-long homebuilding bonanza, average home prices would still rise by 20 per cent in Toronto (to $1.4 million) and eight per cent in Vancouver (to $1.6 million), while nationwide rents would climb by more than one-third. Housing affordability would gradually improve as incomes rise, but by 2035 it would only return to 2019 levels, when many renters and homebuyers were already struggling to afford a home.

In related Fraser Institute news: Alberta sets pace on new housing construction—rest of Canada should catch up

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Top 10 Builder Market Share Across Each of the 50 Largest US Markets

By Sarah Caldwell
NAHB Eye on Housing
July 22, 2025
Category: Finance & Economics
Region: United States

An earlier post described how the top 10 builders1 in the country captured a record 44.7% of new single-family closings in 2024. BUILDER Magazine has now released additional data on the top ten builders within each of the 50 largest new home markets in the U.S., ranked by single-family permits. It is important to note that this post does not focus on the top ten largest home builders nationally; instead, it analyzes the top ten list within each of the largest 50 new housing markets. The 2024 data show that the top 10 builder concentration in the 50 largest markets ranged from 38.9% in Kansas City, MO-KS to 97.8% in Cincinnati, OH. In 11 metro areas, the top ten builders’ market share exceeded 90%. Across all 50 metro areas, the average market share of the top 10 builders was 79.3%, up from 78.2% in 2023.  

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The Conference Board Leading Economic Index for the US Declined in June

The Conference Board
July 21, 2025
Category: Finance & Economics
Region: United States

The Conference Board Leading Economic Index® (LEI) for the US declined by 0.3% in June 2025 to 98.8 (2016=100), after no change in May. As a result, the LEI fell by 2.8% over the first half of 2025, a substantially faster rate of decline than the –1.3% contraction over the second half of 2024 “The US LEI fell further in June,” said Justyna Zabinska-La Monica at The Conference Board. “For a second month in a row, the stock price rally was the main support of the LEI. But this was not enough to offset still very low consumer expectations, weak new orders in manufacturing, and a third consecutive month of rising initial claims for unemployment insurance. In addition, the LEI’s six-month growth rate weakened, while the diffusion index over the past six months remained below 50, triggering the recession signal for a third consecutive month. 

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US Consumer Sentiment in July is Little Changed From June

The University of Michigan
July 20, 2025
Category: Finance & Economics
Region: United States

Consumer sentiment was little changed from June, inching up about one index point to 61.8. While sentiment reached its highest value in five months, it remains a substantial 16% below December 2024 and is well below its historical average. Short-run business conditions improved about 8%, whereas expected personal finances fell back about 4%. Consumers are unlikely to regain their confidence in the economy unless they feel assured that inflation is unlikely to worsen, for example if trade policy stabilizes for the foreseeable future. …Year-ahead inflation expectations fell for a second straight month, plunging from 5.0% last month to 4.4% this month. Long-run inflation expectations receded for the third consecutive month, falling back from 4.0% in June to 3.6% in July. Both readings are the lowest since February 2025 but remain above December 2024, indicating that consumers still perceive substantial risk that inflation will increase in the future.

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Slower Growth Projected For Remodelling Into Next Year

JCHS – Joint Center for Housing Studies of Harvard University
July 17, 2025
Category: Finance & Economics
Region: United States

CAMBRIDGE, Massachusetts – Annual expenditures for improvements and maintenance to owner-occupied homes are expected to soften in 2026, according to the Leading Indicator of Remodeling Activity (LIRA) released by the Joint Center for Housing Studies of Harvard University. The LIRA projects that year-over-year spending for home renovation and repair will increase by just 1.2 percent by the second quarter of 2026. “Weakness in the current housing market is expected to have a dampening effect on home improvement spending,” says Rachel Bogardus Drew, Director of the Remodeling Futures Program. “Slowing construction starts and remodeling permitting activity, which are key factors in predicting future remodeling expenditures, are also putting downward pressure on home improvement growth.” “It will be important to keep an eye on whether the housing market shows any sign of rebound in the second half of the year, to assess if this slowdown is the beginning of a more significant downturn,” says Chris Herbert.

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US Single-Family Starts Weaken in June but Multifamily Starts Increase More Than Expected

By Robert Dietz, Chief Economist
NAHB Eye on Housing
July 18, 2025
Category: Finance & Economics
Region: United States

Single-family housing starts declined in June to the lowest rate since July 2024 as elevated interest rates, rising inventories and ongoing supply-side issues continue to act as headwinds for the housing sector. Due to a solid increase in multifamily production, overall housing starts increased 4.6% in June to a seasonally adjusted annual rate of 1.32 million units, according to a report from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. The June reading of 1.32 million starts is the number of housing units builders would begin if development kept this pace for the next 12 months. Within this overall number, single-family starts decreased 4.6% to an 883,000 seasonally adjusted annual rate and are down 10% compared to June 2024. The multifamily sector, which includes apartment buildings and condos, increased 30% to an annualized 438,000 pace.

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Stora Enso beats quarterly profit view, flags challenging market conditions in 2025

Stora Enso
Reuters
July 22, 2025
Category: Finance & Economics
Region: International

Finnish forestry group Stora Enso’s quarterly operating profit beat estimates on Wednesday, but the company expects subdued and volatile demand to persist through the rest of 2025. Stora Enso expects an adverse impact of “around or somewhat above” 100 million euros on the full-year adjusted earnings before interest and taxes, due to the scaling up of a new consumer packaging board line at the Oulu site. The ramp-up had an impact of about 50 million euros in the second quarter. …The company’s adjusted operating profit, or EBIT, fell to 126 million euros ($147.8 million) in the second quarter, above analysts’ 122.7 million euro forecast, according to a poll by Vara Research. Its shares rose 5% in afternoon trading, while domestic peer UPM was up around 2%.

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Wood, Paper & Green Building

University of Oregon-led team named National Science Foundation Regional Innovation Engines semifinalist

By Thuy Tran, University Communications
University of Oregon
July 16, 2025
Category: Wood, Paper & Green Building
Region: United States, US West

A University of Oregon-led initiative to revolutionize the mass timber sector in the Pacific Northwest has been selected as a semifinalist in the highly competitive National Science Foundation Regional Innovation Engines program. “This significant step forward for the University of Oregon, and its project to build an even stronger mass timber industry in our state,” said U.S. Sen. Ron Wyden of Oregon. “Mass timber is revolutionizing the construction business with better and safer buildings. The U of O deserves major credit for earning this honor and I am confident it has both the capacity and talent to fully develop the employment and economic benefits of mass timber.” …The NSF Engine: Oregon Mass Timber Innovation Engine, led by principal investigator Judith Sheine, professor of architecture in the UO College of Design and director of design of the TallWood Design Institute, is among just 29 semifinalist teams nationally. 

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Forestry

‘Special circumstances’ allow contractor’s appeal notice to be filed

By Bob Mackin
The Penticton Herald
July 22, 2025
Category: Forestry
Region: Canada, Canada West

A contractor’s appeal of a B.C. Wildfire Service (BCWS) order to pay more than $1.8 million in compensation and penalties will be heard after a May 22 decision by the Forest Appeals Commission. Panel chair Ian Miller found “special circumstances” led to last summer’s two-day delay in filing a notice to appeal and granted the extension to Jaikle Contracting. “The delay was brief, the explanations and reasons are reasonable and credible, and there would be substantial prejudice to the appellant if the right to appeal is denied,” said Miller’s ruling. On July 12, 2024, designated decision maker Laurence Bowdige of BCWS issued a contravention order against Jaikle, under the Wildfire Regulation, for harvesting timber near Mackenzie in August 2021. “Specifically, that the appellant did not keep an adequate fire suppression system at the activity site while carrying out a high-risk activity within 300 metres of forest land,” said the Miller ruling.

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Vancouver Park Board staff seeks approval to advance Stanley Park tree removal

By Akshay Kulkarni
CBC News
July 21, 2025
Category: Forestry
Region: Canada, Canada West

Vancouver Park Board staff are seeking commissioners’ approval to proceed with the next phase of a tree removal project in Stanley Park due to an extensive looper moth infestation. Work has been underway to cut down thousands of trees in Vancouver’s biggest park since the summer of 2023, due to fire and public safety risks posed by dead and dying trees. …While the tree removal plan has faced sharp criticism staff say they have a plan that will see the least number of trees removed. “This aims to balance key public safety risks resulting from the hemlock looper outbreak while leaving a moderate extent of internal forest areas to undergo natural forest stand regeneration,” the staff motion says of its preferred approach. If commissioners approve of the staff plan, planning for tree removal and mitigation work would begin later this year and conclude in the first quarter of 2027.

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Wildfire, tornado researchers look for answers in Jasper’s charred forest

By Matthew Scace
The Canadian Press in the Prince George Citizen
July 21, 2025
Category: Forestry
Region: Canada, Canada West

Lori Daniels

ALBERTA — Lori Daniels and a team of researchers plan to let a hand-held GPS guide them to more than 100 spots in the charred forest around Jasper, Alberta. At each location… they’ll be asking: how bad was the fire? …”I’ve seen a lot of devastating fires across BC in the last decade. I’ve spent a lot of time in burnt forest,” said Daniels, a professor and co-director at the University of BC’s Centre for Wildfire Coexistence. “And I have to say, there are parts of the Jasper fire that were absolutely shocking.” …The researchers want to know whether more than 20 years of forest management affected the fire’s behaviour as it barrelled toward the townsite. Parks Canada had done extensive work to thin the overgrown forest surrounding the town during that two-decade period, said Daniels. She said she believes much of Jasper is still standing because of Parks Canada’s efforts, including prescribed burns and trimming trees.

Related coverage in The Albertan: Jasper, Parks Canada officials giving tours, remarks ahead of wildfire anniversary 

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Burlington recognized for the third time as a world wide forestry leader

The Burlington Gazette
July 21, 2025
Category: Forestry
Region: Canada, Canada East

BURLINGTON, Ontario — Burlington has once again been recognized as a tree city by the World Arbor Day Foundation and the Food and Agriculture Organization of the United Nations. This marks the third consecutive year that the city has received this honor, highlighting Burlington continued leadership in urban forestry and our commitment to protecting and enhancing tree canopy. Director of Roads, Parks and Forestry, Enrico Scalera, said… “These standards demonstrate a commitment to urban forestry and sustainable practices, which our forestry group exemplifies each and every day for our city. We also invest in our urban forestry and tree canopy: this year’s total forestry budget is $5.48 million.” …Rico Scaleri: : “We’ve embraced innovation such as the Middle Way conversion project along the Crosstown trail, and have a partnership with the University of Toronto to monitor forest health using drone technology.”

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Why are forest fires getting more frequent, intense in northern Ontario?

By Faith Greco
CBC News
July 21, 2025
Category: Forestry
Region: Canada, Canada East

As wildfires become more frequent and intense across Canada, fire officials are seeing stark differences between northwestern and northeastern Ontario. They say it all comes down to what’s burning, how it burns, and where. More than 2.2 million hectares have burned in Ontario’s northwest since 2015, compared with around 287,000 hectares in the northeast. “The three things that we need to consider are the weather, the fuels and the topography,” said Chelene Hanes, a wildland fire research scientist at the Great Lakes Forestry Centre in Sault Ste. Marie. Northwestern Ontario typically gets a minimal amount of rain, whereas the northeast has a wetter climate and vast peatlands, she explained. …”On the [northwest] side of the province, and moving into the prairies, they’ve experienced a bit more drought, which is influencing the moisture of the fuels. So that is causing more ignitions to happen as well, because it’s drier,” Hanes said.

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Canada Partners With Trees For Life to Grow Southern Ontario’s Urban and Suburban Canopy

Natural Resources Canada
July 17, 2025
Category: Forestry
Region: Canada, Canada East

WHITBY, Ontario — Ryan Turnbull, Parliamentary Secretary to the Minister of Finance… highlighted a $4-million federal investment for tree-planting projects in urban and suburban areas in southern Ontario. Trees For Life will collaborate with planting partners to plant an average of 24,000 trees annually over five years, for a total of 120,000 trees in communities across southern Ontario. The collaboration with Trees For Life is already ahead of target, supporting the planting of 83,000 trees in southern Ontario with 35,000 trees planted in 2024 and 48,000 trees planted across 40 projects in 2025 to date. This project builds on a successful regional model piloted in the Durham Region. 

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Potential Repeal of Roadless Rule Could Permanently Damage Midwest National Forests

By Sarah Mattalian
Inside Climate News
July 22, 2025
Category: Forestry
Region: United States

Brooke Rollins

Following the US Department of Agriculture’s rescission of a longstanding rule that protects thousands of acres of national forests against logging, experts say that the repeal would not only damage natural beauty, but also ignores the interests of Midwest residents and industries. …“This rollback of the rule harms all of the other uses of the national forests besides timber. It’s going to result in less wildlife habitat, less recreational opportunities for the American people, more sediment loading to surface waters. It’s just harmful all the way around, unless you’re in the logging industry or forest products industry,” said Andy Olsen, senior policy advocate at the Environmental Law and Policy Center. The rule still has to go through administrative procedures such as a public comment period and congressional hearings before it is officially repealed.

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Trump admin plans ‘sprint’ on lifting logging bans

By Marc Heller
E&E News
July 21, 2025
Category: Forestry
Region: United States

The Trump administration aims to end the prohibition on logging on tens of millions of acres of roadless areas in national forests by the end of next year, according to a draft schedule at the Forest Service. The draft timeline… sets a schedule for drafting the new policy, conducting public comment sessions and consulting with tribes before making a final decision in November or December of 2026. Agriculture Secretary Brooke Rollins has already said she’s decided to rescind the roadless-area protections, which have blocked road construction, timber harvesting. The rule applies on 58.5 million of the forest system’s 193 million acres, with Alaska’s Tongass National Forest having the most in any one place. In a June 23 statement, Rollins said, “Once again, President Trump is removing absurd obstacles to common sense management of our natural resources by rescinding the overly restrictive roadless rule.” [to access the full story an E&E News subscription is required]

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Governor Evers urges Trump to reverse course on cuts to staff, programs affecting Wisconsin’s forestry industry

WisPolitics
July 22, 2025
Category: Forestry
Region: United States, US East

Tony Evers

MADISON — Governor Tony Evers sent a letter to US Department of Agriculture Secretary Brooke Rollins and the Trump Administration urging immediate action to reverse the administration’s misguided cuts to key investments and staff at the USDA that will negatively impact Wisconsin’s forestry industry. The letter is the second in recent months that Gov. Evers has sent to the Trump Administration. …Gov. Evers strongly opposed reported reductions in US Forest Service programs that support states in order to cover the costs of purging USDA of its expert workforce. The letter comes after Wisconsin officials were recently warned by USFS officials to expect less funding from the Urban and Community Forestry grant program. …The move represents a twofold blow for states like Wisconsin that depend heavily on forests for economic success.

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USDA, Bighorn National Forest reexamining roadless areas

By Alex Hargrave
The Buffalo Bulletin
July 18, 2025
Category: Forestry
Region: United States, US East

WYOMING — The future of roadless areas in the Bighorn National Forest and other national forest system lands is uncertain after the Trump administration announced that it would rescind the 2001 roadless rule. …Of the Bighorn National Forest’s 1.1 million acres, 600,000 acres are managed as inventoried roadless areas. In these areas, road construction and reconstruction and timber harvesting are prohibited. Rollins’ action will require environmental analysis, compliance with the Endangered Species Act, tribal consultation and coordination with affected states, according to the U.S. Forest Service. So, at this point, how the proposal will impact forest management is uncertain. …Bighorn National Forest Supervisor Andrew Johnson said he planned to seek a technical correction to the forest’s roadless boundaries from Forest Service Chief Tom Schultz. Johnson said that roughly 50% of the forest’s suitable timber base is located in areas designated as roadless.

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A Sequoia Forest Grows in Detroit

By Michaela Haas
Reasons to be Cheerful
July 21, 2025
Category: Forestry
Region: United States, US East

Behind David Milarch’s desk in a large warehouse in rural Michigan grows the future of climate change solutions. Thousands of sequoias, coastal redwoods, oaks and a hundred other tree species form the Archangel Ancient Tree Archive (AATA), a living library of the world’s mightiest trees. These are not just any saplings — they all are descendants of so-called champion trees. …At 75, David Milarch is trying to save the world’s last old-growth forests from extinction — by using their DNA to help reverse climate change. …Cloning these giants is challenging. It involves scaling the trees to the high points where the newest growth sprouts, snipping off the most vital tips, and then coaxing them to root in a mix of soil and specialized hormones. While arborists believed it was impossible to clone redwoods older than 80 years because of their diminished vitality, Milarch proved them wrong.

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Carbon, Climate & Bioenergy

Maine Enacts New Reporting Requirement for Landowners Enrolled in Forest Carbon Credit Initiatives

By Brook Letterman & Joseph Ruggiero
The Law Review
July 20, 2025
Category: Carbon, Climate & Bioenergy
Region: United States, US East

On May 23, 2025, Maine’s Governor Janet Mills signed into law “An Act to Require Landowners to Report Their Participation in a Forest Carbon Program or Project”. The new law requires landowners enrolled in forest carbon credit programs or projects to report, on an annual basis, basic data on their participation in such programs to the state of Maine. …The purpose of the reporting requirement is to provide the state with visibility into the emerging carbon credit market and the amount of land in Maine enrolled in such programs. …However, a potential challenge arises if these credits are sold in external markets to offset emissions elsewhere. Maine’s robust forest products industry also has an interest in understanding how carbon credit project enrollment may impact the overall amount of land available for harvest.

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