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Special Feature

Forest Industry Leader Derek Nighbor Calls on Ottawa to Deepen Support for Japan Market Strategy

Kelly McCloskey, Editor
Tree Frog Forestry News
April 30, 2026
Category: Special Feature
Region: Canada, International

Derek Nighbor, President and CEO of the Forest Products Association of Canada, appeared before the Parliamentary Standing Committee on International Trade to outline the promise and complexity of growing Canadian forest sector exports to Japan — and to make a pointed case for sustained federal investment to make it happen. Canada currently ships roughly $1 billion annually to Japan, a figure Nighbor put in context: it reflects a century of Canadian forestry trade there and 50 years of work by the Canada Wood Group. “It’s a heavy lift,” he said. Against nearly $8 billion in annual softwood lumber exports to the United States — now facing combined duties and Section 232 tariffs in the 45% range — Japan is a real but incremental diversification opportunity. Canada holds 65% of Japan’s 2×4 dimension lumber market, built by actively developing a wood-building culture where one didn’t naturally exist. Holding and growing that share, Nighbor told the committee, requires sustained technical engagement on codes, standards, and the platform frame system — not simply shipping more product. He also flagged headwinds: declining Japanese housing starts, growing domestic Japanese lumber supply, aggressive European entry across lumber, pulp, and pellets, and tightening Japanese sustainability and traceability requirements.

Nighbor’s asks to the committee were specific. He called for dedicated multi-year funding for the Canada Wood Group to build on its export development work, and for doubling the funding of NRCan’s Global Forest Leadership Program. He asked for federal investment in market-entry infrastructure — spec alignment tools, testing labs, and distributor networks — applicable to both Japan and Korea. And he made the case for continued government-led trade missions, pointing to a BC and Alberta forestry-specific mission to Japan in November as the kind of targeted engagement that moves the needle. Beyond lumber, Nighbor identified mass timber and engineered wood — aligned with Japan’s housing renewal, decarbonization, and seismic resilience priorities — and bioeconomy products including biocarbon, biofuels, and biomass as the next frontier for Canadian forest exports to Japan.

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Business & Politics

U.S. Lumber Coalition Commends Actions to Combat Evasion of U.S. Trade Remedy Laws Involving Lumber Imports from Canada

By US Lumber Coalition
PR Newswire
May 5, 2026
Category: Business & Politics
Region: Canada, United States

The US Lumber Coalition applauds the U.S. Customs and Border Protection announcement of its determination that Coastal Forest Products (based in Bow, NH) has evaded the antidumping and countervailing duty orders on softwood lumber imports from Canada. In reaching its determination, CBP rejected Coastal Forest Products’ argument that the Canadian-origin merchandise “underwent ‘substantial transformation’ in New Zealand.” …As a result of CBP’s determination, Coastal Forest Products will be responsible for unpaid duties and will be required to post cash deposits on future entries of the covered merchandise. …CBP launched its investigation based on an allegation filed by the US Lumber Coalition. ….”The message to Canada is clear: transshipment of lumber into the United States via a third country to evade antidumping and countervailing duties is not tolerated, nor possible,” added van Heyningen.

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Government of Canada announces a $1.5 billion support program for tariff-impacted industries

By Innovation, Science and Economic Development Canada
Government of Canada
May 4, 2026
Category: Business & Politics
Region: Canada

Mélanie Joly

Evan Solomon

Canadian ministers Mélanie Joly and Evan Solomon announced $1.5 billion to support several of Canada’s tariffed industries. This includes the creation of a new $1 billion Business Development Bank of Canada (BDC) program available to industries that manufacture and export products containing steel, aluminum or copper. …The BDC program will provide financing at favourable terms to enable businesses to address immediate pressures. This new program aligns with the government’s priority to provide rapid liquidity to viable businesses facing significant economic challenges. In addition, the government is providing an additional $500 million through the Regional Tariff Response Initiative (RTRI) to support tariff-impacted businesses in all sectors of our economy. This funding, delivered by Canada’s regional development agencies (RDA), will help ensure that Small and Medium-sized Enterprises (SMEs) have access to the financing they need to enable strategic pivots through investments in market diversification and enhanced productivity that strengthen their competitiveness.

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Commerce starts Canada softwood lumber duty review, names firms targeted

The Lesprom Network
May 3, 2026
Category: Business & Politics
Region: Canada, United States

The US Department of Commerce is initiating administrative reviews of antidumping and countervailing duty orders with March anniversary dates, with the actions applicable May 4, 2026, and final results planned no later than March 31, 2027. …The companies listed for review are 10104704 Manitoba Ltd, Woodstock Forest Products; CWP—Montreal Inc.; and Norsask Forest Products Limited Partnership. For certain uncoated paper from Brazil, the antidumping review covers March 1, 2025, through February 28, 2026. The companies listed are Suzano S.A. and Sylvamo do Brasil Ltda/Sylvamo Exports Ltda. For certain uncoated paper from Portugal, the antidumping review covers March 1, 2025, through February 28, 2026. The company listed is The Navigator Company, S.A.

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Carney stakes out position on Cowichan case after months on the sideline

By Rob Shaw
Business in Vancouver
May 4, 2026
Category: Business & Politics
Region: Canada, Canada West

Mark Carney

After months of silence, Prime Minister Mark Carney has finally waded into the landmark Cowichan Nation title case currently gripping British Columbia politics. Carney surprised many last week when he answered a question from Richmond East—Steveston MP Parm Bains in question period. “Can the prime minister outline the government’s position and explain how the government is working collaboratively to uphold reconciliation while protecting private property rights for residents and businesses?” asked Bains. “Private property rights are fundamental, and this government, indeed, this house, will always protect them,” replied Carney. “This government fundamentally disagrees with the B.C. Supreme Court’s decision on Cowichan. We immediately appealed that decision, alongside the government of B.C., the City of Richmond and other Indigenous First Nations. …Carney has now basically adopted the position of Premier David Eby, who has warned the decision cannot stand because it imperils private property rights.

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Plenty of interest in buying Crofton mill

By Robert Barron
The Cowichan Valley Citizen
May 4, 2026
Category: Business & Politics
Region: Canada, Canada West

CROFTON, BC — Numerous companies and investors have expressed an interest in purchasing the Domtar pulp mill site in Crofton since the facility shut down operations earlier this year. Domtar said in a statement that it is exploring a variety of possibilities for the future of the waterfront site, and North Cowichan Mayor Rob Douglas said a number of interested parties have contacted the municipality directly looking to buy the site for a range of potential uses, including manufacturing, energy production, and other industrial purposes. …“Domtar has retained BMO Capital Markets to evaluate potential purchase proposals and expects to make a decision regarding the site’s future in the coming months.” Douglas said that as decisions about the site’s future use will ultimately rest with Domtar or a prospective new owner, and not the municipality, he is encouraging interested parties to contact Domtar directly.

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B.C. premier pushes back after softwood lumber left off list for tariff relief

By Emily Fagan
CBC News
May 4, 2026
Category: Business & Politics
Region: Canada, Canada West

Ottawa’s decision not to include softwood lumber among the industries that will benefit from $1 billion in tariff relief funding sparked frustration from BC Premier David Eby, who said softwood lumber in the province has been “decimated” by U.S. tariffs. “I don’t know what it’s going to take, really, to get the bureaucrats and the ministers in Ottawa to recognize that softwood lumber employs more people in Canada than steel and auto parts combined,” Eby said. …”I really feel like BC’s projects are not getting the attention they deserve.” …Eby said he does not know why the industry would have been overlooked, though he hopes a separate funding announcement just for softwood lumber is in the works. …Jeff Bromley, wood council chair with the United Steelworkers, said 150,000 workers across Canada make their living off forestry. “I wish they would have included a broader program that would have helped our forestry industry,” he said.

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Conifex to curtail Mackenzie sawmill operations for seven-weeks

Conifex Timber Inc.
May 1, 2026
Category: Business & Politics
Region: Canada, Canada West

MACKENZIE, BC — Conifex will temporarily curtail sawmill operations at its Mackenzie facility for about seven weeks starting May 19, 2026, with a target restart in July 2026. This planned sawmill curtailment is primarily driven by log inventory levels and fibre availability, in conjunction with seasonal logging breakup conditions impacting supply across the BC Interior. Logging operations are expected to resume in early June, subject to, among other things, weather conditions. The curtailment represents an approximately 25 million board feet supply impact. We continue to advance initiatives underway to broaden our available financing options. …Conifex restarted the Mackenzie sawmill in February after a four-week curtailment. The restart followed the completion of a $19 million secured term loan for its subsidiary Conifex Mackenzie Forest Products. 

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The Declaration on the Rights of Indigenous Peoples Act—DRIPA and its legal consequences

By Stuart McNish
The Vancouver Sun
May 1, 2026
Category: Business & Politics
Region: Canada, Canada West

Stuart McNish & Robin Junger

Premier David Eby, in response to the December court ruling, raced to amend the DRIPA act. …The case began with a challenge to the Mineral Tenure Act, which allows mineral explorers to make a mineral claim without acquiring agreement and consent by the First Nation to the area. The case upheld the miners’ position that consent was not required during the exploration phase. It was the first challenge to DRIPA. It was immediately appealed and in December of 2025, the B.C. Court of Appeal overturned the lower court ruling, stating, “The Declaration Act gives a statutory mandate and duty to take all measures necessary to bring B.C.’s law into alignment with UNDRIP.” …Junger of McMillan LLP joined a Conversation That Matters to outline exactly what DRIPA is and the legal ramifications of amending the legislation. [24 min video

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Minister says B.C. expects billions from feds for forestry if U.S. talks fail

By Wolfgang Depner
The Canadian Press in Victoria Times Colonist
April 30, 2026
Category: Business & Politics
Region: Canada, Canada West

Ravi Parmar

VICTORIA — British Columbia’s forests minister says he expects billions in additional federal support for the timber sector if future trade talks with the United States don’t benefit the softwood lumber industry. Ravi Parmer says BC will use every opportunity to remind Ottawa that the pending renegotiation of the Canada-U.S.-Mexico-Agreement on trade, better known as CUSMA, must include forestry. If it doesn’t, he says the province expects Ottawa to double or even triple the more than $2 billion in supports it has provided the sector nationwide since last August. Parmar says federal negotiators “must recognize that if they are unsuccessful” in addressing US duties and tariffs on timber, BC will need help. …He says Ottawa has been a strong partner so far and he is optimistic that the federal government will address CUSMA in a way that includes forestry.

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Supreme Court set to weigh in on huge New Brunswick title claim

By John Chilibeck
The Telegraph-Journal
May 3, 2026
Category: Business & Politics
Region: Canada, Canada East

The clock began ticking April 7 on one of the most important Supreme Court of Canada cases in New Brunswick’s history. That’s the date the country’s top court told law firms involved in the Wolastoqey Nation’s landmark title claim it would determine if it would allow “leave for appeal.” …On one side are logging firms and other private property owners who say they’re caught in the middle of a three centuries-old fight that had nothing to do with them. The Indigenous nation wants the Supreme Court to overturn a Court of Appeal decision last December. That ruling found the nation would have no chance of success in its lawsuit proving that it has Aboriginal title over privately held lands. …By that measure, the Wolastoqey Nation could sue governments but would have no means to take back control of most of their old territory. …If the appeal goes ahead, the Supreme Court could hear the case as early as this fall.

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Innovation, growth of region’s forestry explored

By Sandi Krasowski
The Chronicle Journal
May 1, 2026
Category: Business & Politics
Region: Canada, Canada East

The Northwestern Ontario Municipal Association (NOMA) 2026 conference and annual general meeting, served as a platform for the Thunder Bay Community Economic Development Commission (CEDC) Building Resiliency: The Future of Northwestern Ontario’s Forest panel discussion. Moderated by Jamie Taylor, of the CEDC, and Scott Jackson, for the Centre for Research and Innovation in the Bio-Economy (CRIBE), the panel explored the future of Northwestern Ontario’s forest sector. …Taylor called the forest sector a longtime cornerstone of Northwestern Ontario’s economy, and the panel conversation aimed to look ahead to what comes next in a changing economic landscape, which includes U.S.-imposed tariffs. …Taylor noted that building resilience requires ongoing innovation and a proactive approach to global competitiveness. …Jackson said “A successful transition isn’t just about developing novel and innovative products; it’s also about ensuring we have strong anchor mills and a solid foundation that we can build upon.

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Finance & Economics

Canfor reports Q1, 2026 net loss of $72.1 million

Canfor Corporation
May 6, 2026
Category: Finance & Economics
Region: Canada, United States

VANCOUVER, BC — Canfor Corporation reported its first quarter of 2026 results. …The Company reported an operating loss of $72.5 million for the current quarter, compared to an operating loss of $415.9 million for the fourth quarter of 2025. After taking into consideration a $20.0 million reversal of a previously recognized inventory write-down, the Company’s adjusted operating loss was $92.5 million for the first quarter of 2026, compared to an adjusted operating loss of $145.0 million for the fourth quarter of 2025. These results largely reflected improved performance in both the lumber segment and, to a lesser extent, the pulp and paper segment. Canfor’s President and CEO, Susan Yurkovich, said, “While we saw an improvement in results, largely due to a supply-driven uptick in North American lumber pricing and higher production levels, demand remained relatively subdued. …Global pulp markets continued to face significant headwinds during the first quarter, with pulp producer inventories remaining elevated.”

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Falling consumer confidence and a softer housing outlook signal weaker lumber demand, but tight supply should keep prices firm

By Kevin Mason, Managing Director
ERA Forest Products Research
May 4, 2026
Category: Finance & Economics
Region: Canada, United States

Kevin Mason

As the US–Iran conflict rumbles into a third month and the global economy faces myriad challenges (rising energy prices, slowing growth, swelling inflation, geopolitical fragmentation, etc.), it comes as little surprise that US consumer sentiment is also in freefall. The latest University of Michigan survey showed consumer sentiment plummeting toward record-low levels in April: down 3.5 points to 49.8. …Closer to our forest products universe, the National Association of Homebuilders/Wells Fargo Housing Market Index (HMI), a metric that tracks homebuilder confidence in the single-family housing market, declined by 4 points to a reading of just 34 in April. Builder confidence had shown signs of recovery through the second half of 2025; however, with this latest sharp decline, the index is nudging back toward record lows. 

…Based on the resilience shown in the US housing market last month, we are maintaining our full year 2026 U.S. housing start forecast of 1.325MM units. With our revised forecast for 2026 and given expectations for lumber demand from R&R to be flat (at best) this year, we now anticipate that overall North American lumber demand will decline by 350MMbf y/y in 2026 (we had previously forecast flat demand versus 2025). However, despite this deterioration, we believe North American markets will remain well balanced, and that overall lumber prices will stay quite strong this year relative to historical averages given declining supply in several regions (note that profitability for Canadian mills will be challenged by ongoing, elevated duties and tariffs).

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Atlas Engineered Wood Products reports Q4, 2025 net loss of $0.69M

Atlas Engineered Products
April 30, 2026
Category: Finance & Economics
Region: Canada

Nanaimo, BC — Atlas Engineered Products announced its financial and operating results for the fourth quarter and year ended December 31, 2025. …Revenue was $17,645,972 compared to revenue of $15,069,615 for the three months ended December 31, 2024, representing a 17% increase. Revenue has increased due to acquisitive growth for the quarter. …Net loss after taxes was $686,098 for the three months ended December 31, 2025 compared to net loss after taxes of $838,728 for the three months ended December 31, 2024. This improvement in net loss after taxes was mainly due to increased revenues, but offset by a reduction in gross margins. …AEP is nearing completion of the first truss robotic facility in Clinton, ON. The building is in the final stages of interior painting and office setup while the equipment has been shipped and is anticipated to be operational at the beginning of July 2026.

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Bank of Canada holds interest rate for fourth time but warns on oil shock, trade risks

By Paula Tran
The Financial Post
April 29, 2026
Category: Finance & Economics
Region: Canada

The Bank of Canada held its policy interest rate at 2.25 per cent for the fourth consecutive time on Wednesday, but warned that it would be closely watching the impact of rising oil prices on inflation in the coming months amid ongoing uncertainty caused by the war in Iran. …Inflation has been close to two per cent for over a year but rose to 2.4 per cent in March after slowing to 1.8 per cent in February. The central bank base case forecast is that inflation will peak in April at about three per cent before returning to the two per cent target in early 2027, but that is assuming global oil prices decline. U.S. tariff measures along with the uncertainty surrounding the Canada-United-States-Mexico Agreement (CUSMA) have also added to the uncertainty ahead of the July 1 CUSMA review deadline, especially since the Canadian government has not yet launched formal discussions with U.S. officials.

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Stella-Jones reports Q1, 2026 net income of $60 million

By Stella-Jones Inc.
Globe Newswire
May 6, 2026
Category: Finance & Economics
Region: Canada, Canada East

MONTREAL — Stella-Jones announced financial results for its first quarter ended March 31, 2026. Sales for the first quarter reached $791 million, versus sales of $773 million in the corresponding period last year. Excluding the impact of 2025 acquisitions of $42 million and the unfavourable currency conversion effect of $30 million, pressure-treated wood sales increased by $10 million, or 1%, largely driven by an increase in wood utility poles volumes. …Eric Vachon, President and CEO said “Our performance continues to be supported by disciplined operations. As part of our commitment to continuous improvement, we are advancing targeted initiatives across the business, with a current focus on optimizing our Railway Ties production network, enhancing efficiency and supporting future growth. We are also progressing our strategic growth priorities, notably with the finalization of the site selection for our new U.S. steel lattice manufacturing facility.”

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GreenFirst Forest Products reports Q1, 2026 net loss of $20.7 million

GreenFirst Forest Products Inc.
May 5, 2026
Category: Finance & Economics
Region: Canada, Canada East

TORONTO — GreenFirst Forest Products announced results for the first quarter ended March 28, 2026. Highlights include: Q1 2026 net loss from continuing operations was $20.7 million, compared to net loss of $32.8 million in Q4 2025. Adjusted EBITDA from continuing operations for Q1 2026 was negative $15.1 million compared to negative $21.7 million in Q4 2025. Benchmark prices saw increases during the quarter which resulted in an average realized lumber prices of $666/mfbm for Q1 2026 which was higher than the $654/mfbm pricing realized in Q4 2025. On January 21, 2026, the Company entered into a $30 million term loan under the Softwood Lumber Program announced by the Government of Canada. 

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Montreal Wood Convention Highlights: Oil Shock, Housing, and Trade Uncertainty

By Jennifer Ellson
Madison’s Lumber Reporter
May 1, 2026
Category: Finance & Economics
Region: Canada, Canada East

A panel of industry leaders at the recent Montréal Wood Convention examined key market drivers, including U.S. housing starts, mass timber growth, the repair and remodelling (R&R) segment, and ongoing trade uncertainty. Moderated by Mark Allison of Boscus Canada, the discussion featured Thomas Mende of Binderholz, Doug Robinson of Weston Forest, and Frédéric Verreault of Nordic Structures and Chantier Chibougamau. On the outlook for U.S. housing, panellists pointed to relatively flat activity in the near term. Robinson said current projections appear reasonable in the absence of further geopolitical disruption, while Mende said recent global tensions have already slowed momentum. Affordability remains a central issue, influencing both demand and how homes are built. Robinson said cost pressures, along with demographic shifts such as an aging population, are contributing to smaller homes and changing design preferences. …The panel also discussed recent policy measures in Ontario aimed at improving housing affordability. 

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Remodeling Growth to Slow Sharply in Early 2027

Joint Center for Housing Studies of Harvard University
May 5, 2026
Category: Finance & Economics
Region: United States

Annual spending on improvements and maintenance to owner-occupied homes is projected to slow sharply in early 2027, according to the latest Leading Indicator of Remodeling Activity (LIRA) from the Remodeling Futures Program at the Joint Center for Housing Studies of Harvard University. The new LIRA shows year-over-year growth in home renovation and repair spending of just 0.5% by the first quarter of 2027—a pace that remains positive in nominal terms but is less than overall inflation. “Growth in remodeling permits and retail spending on building products has been flat recently, signaling stagnant interest in home improvement,” said Rachel Bogardus Drew, Director of the Remodeling Futures Program at the Center. “Even so, homeowners are expected to maintain spending at roughly last year’s levels, with total improvement and repair expenditures edging up modestly to $523 billion in early 2027.” 

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NAHB Debuts New Resource that Estimates Quarterly Remodeling Spending by State

By Eric Lynch
May 5, 2026
Category: Finance & Economics
Region: United States

There is a research gap in localized remodeling data. To address this, NAHB is debuting a new economic resource: the State Projections of Remodeling (SPR). …SPR will provide a quarterly, state-level estimation of the market share and total dollar value of remodeling spending one month after the release of the NAHB Remodeling Market Index (RMI). …During the fourth quarter of 2025, remodeling spending at the national level came in at $280.1 billion on a seasonally adjusted annualized rate (SAAR), accounting for 37.7% of total private residential fixed investment. Even though spending fell for the second consecutive quarter from $282.6 in Q3 2025, remodeling spending has been larger than single-family construction spending for five straight quarters. California had the largest market share of remodeling spending at 7.9%, or $22.1 billion. This is followed by Texas (7.0%, or $19.7 billion), Florida (5.5%, or $15.3 billion), New York (3.9%, or $11.0 billion), and North Carolina (3.0%, or $8.4 billion).

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US Mortgage Rates Climb as Inflation Rebounds and Yields Rise

By Catherine Koh
NAHB Eye on Housing
May 4, 2026
Category: Finance & Economics
Region: United States

US mortgage rates continued to increase in April as ceasefire negotiations remain inconclusive. According to Freddie Mac, the 30-year fixed-rate mortgage averaged 6.34% in April, 16 basis points (bps) higher than March. The average 15-year rate also increased by 13 bps to 5.69%. Despite the recent increase, both rates remain lower than a year ago by 39 bps and 21 bps, respectively. The 10-year Treasury yield, a key benchmark for long-term borrowing, averaged 4.31%, up 7 bps from the previous month. Ongoing blockades in the Strait of Hormuz have kept oil prices above $100 per barrel. This has passed through to inflation which climbed to 3.3%, nearing a two-year high. Energy components led the increase with fuel oil prices rising 30.7% and gasoline up 21.2% in March. At its latest meeting, the Federal Reserve held the federal funds rates unchanged at 3.5% to 3.75% as inflation remains elevated alongside continued economic expansion. 

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Boise Cascade reports Q1, 2026 net income of $17.8 million

By Boise Cascade Company
Businesswire
May 4, 2026
Category: Finance & Economics
Region: United States, US West

BOISE, Idaho — Boise Cascade reported net income of $17.8 million on sales of $1.5 billion for the first quarter ended March 31, 2026, compared with net income of $40.3 million on sales of $1.5 billion for the first quarter ended March 31, 2025. …Building Materials Distribution (BMD) sales decreased $18.2 million, or 1%, to $1,388.9 million, from $1,407.1 million for the three months ended March 31, 2025. The decrease in sales was driven by net sales price decreases of 3%, offset partially by net sales volume increases of 2%. BMD segment income decreased $15.5 million to $32.9 million, from $48.4 million for the three months ended March 31, 2025. …Wood Products’ sales, including sales to BMD, decreased $17.6 million, or 4%, to $398.2 million for the three months ended March 31, 2026, from $415.8 million for the three months ended March 31, 2025. Wood Products’ segment income decreased $9.2 million to $8.5 million, from $17.7 million for the three months ended March 31, 2025.

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Weyerhaeuser reports Q1, 2026 net earnings of $156 million

Weyerhaeuser Company
April 30, 2026
Category: Finance & Economics
Region: United States, US West

SEATTLE — Weyerhaeuser Company reported first quarter net earnings of $156 million on net sales of $1.7 billion. This compares with net earnings of $83 million on net sales of $1.8 billion for the same period last year and net earnings of $74 million for fourth quarter 2025. Excluding an after-tax benefit of $79 million for special items, the company reported first quarter net earnings of $77 million. This compares with a net loss before special items of $67 million for fourth quarter 2025. Adjusted EBITDA for first quarter 2026 was $308 million, compared with $328 million for the same period last year and $140 million for fourth quarter 2025. …Weyerhaeuser anticipates second quarter earnings before special items and Adjusted EBITDA will be comparable to the first quarter.

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International Paper reports Q1, 2026 net earnings of $60 million

By International Paper
PRNewswire
April 30, 2026
Category: Finance & Economics
Region: United States, US East

MEMPHIS, Tennessee — International Paper announced results for the quarter ended March 31, 2026. Highlights include: Net sales of $5.97 billion Earnings from continuing operations of $76 million Adjusted EBITDA (non-GAAP) from continuing operations of $677 million Received $1.1 billion of net proceeds from the sale of the Global Cellulose Fibers business and paid down $660 million of debt. …International Paper Chairman and CEO Andy Silvernail said “We still have work to do to improve consistency and reliability, but the primary pressures this quarter came from a tougher macro environment, including ongoing inflation and the severe winter storm.” “Looking ahead,” Silvernail added, “We’re updating our outlook to reflect the volatile environment, with a strong focus on managing cost and cash flow.”

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Suzano reports Q1, 2026 net income Brazil Real (BRL) 4.3B

By Suzano
Business Wire
April 29, 2026
Category: Finance & Economics
Region: International

SÃO PAULO, Brazil — Suzano announced its results for the first quarter of 2026. In the first quarter, Suzano sold a total of 3.2 million tonnes, comprising 2.8 million tonnes of pulp and 378 thousand tonnes of paper. Net revenue amounted to BRL 11.0 billion, while adjusted EBITDA reached BRL 4.6 billion. Net income totaled BRL 4.3 billion in 1Q26. …Over the 12‑month period from April 2025 to March 2026, the company sold 12.7 million tonnes of pulp, the highest volume ever recorded in its history. During the same period, Suzano also sold 1.7 million tonnes of paper across the packaging, printing and writing, specialty, and tissue segments. This unprecedented sales level mainly reflects the increase in production capacity following the start‑up of the Ribas do Rio Pardo pulp mill.

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Forestry

SFI Tribute to Kathy Abusow: A Forestry Community Says Thank You

Kelly McCloskey, Editor
Tree Frog Forestry News
May 6, 2026
Category: Forestry
Region: Canada, United States

The opening event of day two of the SFI Annual Conference was a tribute to outgoing President and CEO Kathy Abusow, who has led the organization since 2007. Colleagues and board members gathered to mark the end of a tenure that has shaped sustainable forestry certification in North America — and the ceremony clearly caught Kathy off guard, with the surprise guest turning out to be her own daughter, Nina Andrascik, a forester and biologist early in her career. Speakers included SFI Board Chair Dan Lamb, who presented Kathy with a gift on behalf of the board; Lennard Joe, CEO of the BC First Nations Forestry Council; SFI President Jason Metnick; and Christine Leduc, SFI VP Canadian Operations and President of PLT Canada.

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SFI Panel: Challenging Times and New Opportunities in Forest Sector Markets

Kelly McCloskey, Editor
Tree Frog Forestry News
May 5, 2026
Category: Forestry
Region: Canada

The opening panel at the 2026 SFI Annual Conference in Montréal brought three senior executives to the stage under the moderation of outgoing SFI CEO Kathy Abusow. The conversation covered trade policy and tariffs, forest sector transformation, investment, and the role of certification in a period of structural change. Derek Nighbor is President and CEO of the Forest Products Association of Canada. Pete Madden is President and CEO of the US Endowment for Forestry and Communities. Lenny Joe is CEO of the BC First Nations Forestry Council. Abusow opened by noting that sector decline predates the current trade dispute, placing the scale of the problem on the table before the first question: 43 pulp and paper mill closures in the US — a figure she attributed to Madden — with 20 more expected, and 27 mill closures in Canada alongside 22 permanent sawmill shutdowns.

Abusow then turned to tariffs, asking Joe how trade policy and softwood lumber disputes uniquely affect First Nations. Joe said most First Nations operate as market loggers, with fibre moving through relationships with major licensees — meaning tariff-driven slowdowns hit rural communities, where most First Nations are located, directly and quickly. Nighbor noted that Canadian lumber volumes to the US dropped roughly 12% in 2025, with about eight percentage points of that loss being filled by European supply. He said he did not think it needed to be this way, and that the opportunity lies in growing the pie for the continent. Madden pointed to unintended consequences in rural communities, where mills trying to reinvest in their own infrastructure are finding imported machinery too expensive under the new tariff environment, causing capital projects to stall.

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SFI 2026 Conference Kicks Off in Montreal with Growth Theme and Call to Action

Kelly McCloskey, Editor
Tree Frog Forestry News
May 5, 2026
Category: Forestry
Region: Canada

Kathy Abusow

The Sustainable Forestry Initiative opened its 2026 annual conference in Montréal —titled The Next Ring of Growth—featuring a traditional welcome from Chief Stephen Angus McComber, Ratsénhaienhs of the Mohawk Council of Kahnawà:ke, followed by opening remarks from CEO Kathy Abusow, who reviewed three decades of organizational milestones including growth in certified forest area, Indigenous partnership, and youth education programs. SFI Board Chair and Arbor Day Foundation CEO Dan Lambe spoke to the theme of legacy in the sector, while Catherine Grenier, President and CEO of the Nature Conservancy of Canada and SFI board member, outlined concrete pathways — including Other Effective Conservation Measures, carbon revenue models, and spatial data tools — for the forestry sector to gain formal recognition and financial return for conservation outcomes already being delivered on certified lands.

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Trump Conditions on DEI, Immigration Threaten State Wildfire Funding

By Alex Brown
The Missoula Current
May 1, 2026
Category: Forestry
Region: United States

A new effort to force states to affirm the Trump administration’s views on DEI, transgender athletes and immigration when signing contracts with the U.S. Forest Service is threatening millions of dollars in wildfire grant funding and fire reduction projects on federal lands. Some liberal states can’t sign the documents because the policies clash with state law, forestry experts say. Already, at least one state is reporting that the new rules have stalled work to reduce wildfire risk and assist with projects on national forest lands. Other states say the requirements are so vague that they don’t know how to follow them. And some timber industry leaders believe the standoff could cut into their revenues. …The update to the requirements governing federal partnerships comes even as many Western states brace for a brutal wildfire season, following a winter that brought record high temperatures and a paltry snowpack.

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States across the wildfire-prone Western US are using AI for early detection

By Dorany Pineda and Brittany Peterson
The Associated Press in Vancouver is Awesome
May 1, 2026
Category: Forestry
Region: United States, US West

On a March afternoon, artificial intelligence detected something resembling smoke on a camera feed from Arizona’s Coconino National Forest. …One of dozens of AI cameras installed for the utility Arizona Public Service had spotted early signs of what came to be known as the Diamond Fire. Firefighters raced to the scene and contained the blaze before it grew past 7 acres. …Arizona Public Service has nearly 40 active AI smoke-detection cameras and plans to have 71 by summer’s end, and the state’s fire agency has deployed seven of its own. Another utility, Xcel Energy in Colorado, has installed 126 and aims to have cameras in seven of the eight states it serves by year’s end. “Earlier detection means we can launch aircraft and personnel to it and keep those fires as small as we can,” said Arizona’s John Truett. …“The AI that’s being run on the cameras is actually beating 911 calls,” he said.

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U.S. Endowment Calls for Balanced Forest Markets

By US Endowment for Forestry and Commu
Morning Ag Clips
May 4, 2026
Category: Forestry
Region: United States, US East

Pete Madden

GREENVILLE, South Carolina — As forest-sector leaders continue discussions about woody biomass, the US Endowment for Forestry and Communities is encouraging a broader conversation about the markets needed to keep working forests healthy and forest-reliant communities strong. Recent conversations have focused on whether expanded use of woody biomass could increase competition for fiber used by existing pulp and paper mills. That concern is important. Pulp and paper mills anchor local economies, provide markets for forest owners and produce essential products used every day. But the discussion must also account for the communities already living with the consequences of lost markets. Since 2015, more than 40 US pulp and paper mills have closed, removing tens of millions of green tons of annual wood demand. …“Working forests depend on working markets,” said Pete Madden, CEO. “Existing mills are essential to the forest economy, and their concerns about fiber affordability and competitiveness deserve careful consideration.

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Forest Service Chief fields questions on Milwaukee office closure, deep budget cuts

By Danielle Kaeding
Wisconsin Public Radio
May 4, 2026
Category: Forestry
Region: United States, US East

Tom Schultz

US Forest Service Chief Tom Schultz provided details to lawmakers Thursday on employees affected by the closure of its regional office in Milwaukee, as well as President Donald Trump’s budget that cuts 75 percent of the agency’s funding. Schultz fielded questions from members of a Senate appropriations subcommittee. Last month, the Forest Service announced it would close 57 research facilities in 31 states and close nine regional offices, including in Milwaukee. The agency is proposing to shift operations to Madison as one of six nationwide hubs. Wisconsin Democratic US Sen. Tammy Baldwin, noted she had written to Schultz about the Milwaukee office closure as Senate Democrats have demanded answers on the reorganization. Schultz told Baldwin. …“We are proposing to move this to Madison, where we have the existing Forest Products Lab. We think it’s a better location,” Schultz said. “There’s been discussions over the last 10 years to relocate from Milwaukee to Madison.”

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Trump administration falls behind on wildfire prevention with risky fire season ahead

By Lauren Sommer
National Public Radio
May 4, 2026
Category: Forestry
Region: United States, US East

With wildfires already burning and drought persisting across much of the US, fire experts are bracing for what could be an extreme fire season. The U.S. Forest Service is going into it having done far less work than in recent years to manage the dry, flammable vegetation that can fuel catastrophic fires. In 2025, the Forest Service reduced vegetation on almost 1.5 million fewer acres than in 2024, according to an analysis of the agency’s data by NPR and firefighting experts. …The Forest Service said in a statement that the drop in prevention work is mostly due to staff being occupied with firefighting and because environmental conditions were not right for doing prescribed burns in the Southeast. The agency lost 16% of its workforce as of last summer, with 5,860 personnel leaving in the first six months of 2025 as part of the Trump administration’s efforts to reduce the size of government. 

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A roadmap to recovery – the U.S. timber industry

By Tom Laventure
Price County Review
April 30, 2026
Category: Forestry
Region: United States, US East

Scott Dane

HARRIS, Michigan — In his keynote address at the Great Lakes Timber Professionals Association’ Spring Celebration in Harris, Michigan on April 1, Scott Dane said the past 18 months has shown significant progress with the challenges of the logging and partnering wood products industries. Dane, the executive director at American Loggers Council, based in Washington, D.C., said this is the result of partnerships who have formed a bipartisan blueprint for the recovery of the U.S. timber industry. “The challenges within the industry really boils down to one simple common denominator, and that’s markets,” Dane said. …Dane said first the bad news… “Loggers are being crushed by a perfect storm of low demand, unpredictable quotas, volatile prices, rising costs, and shrinking markets,” Dane said, referencing an editorial he read. …Now the good news, he said. Encouraging opportunities include increased domestic lumber production, cross-laminated timber, and biofuels – both sustainable aviation fuel and biojet.

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NATO Intelligence Confirms Russian Timber Worst Hit by Sanctions

By Jason Ross
Wood Central Australia
May 5, 2026
Category: Forestry
Region: International

Russian timber and cellulose exports have collapsed by 50% between 2021 and 2025, the steepest fall of any sector tracked by NATO-frontline intelligence across four years of Western sanctions, with the same Latvian assessment revealing that sanctions have cost Moscow more than US$130 billion as it scrambled to source banned goods between 2022 and 2025. That is according to a new analysis published in April by the Constitution Protection Bureau (SAB), one of Latvia’s three security intelligence services, drawing on internal Russian institutional forecasts obtained through intelligence collection alongside SAB’s own assessment. Russia was the world’s largest softwood lumber exporter in 2021, ahead of its February 2022 invasion of Ukraine. …According to the analysis, Russia paid an additional US$32.5 billion each year to acquire sanctioned Western goods through intermediaries at inflated prices, excluding cases where no substitute was available. 

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Timber group calls EU Deforestation Regulation simplification inadequate in curbing “ramping bureaucrcacy”

By Stephen Powney
Timber Trades Journal
May 5, 2026
Category: Forestry
Region: International

Commission attempts to retrospectively curb “rampant bureaucracy” in the EUDR are “inadequate”, according to the German Sawmill and Timber Industry Association (DeSH). DeSH says the new simplification package for the EU Deforestation Regulation (EUDR) falls far short of the goal of genuine simplification and continues to create uncertainty rather than clarity in practice. Instead of solving structural problems, DeSH says the Commission is attempting to retrospectively curb the rampant bureaucracy with ever-new guidelines, FAQs, and exemptions. …Ms Möbus says the goal of the EUDR – to combat global deforestation – is correct and important. “However, the EU has taken a wrong turn on the way there. The regulation has developed into a bureaucratic behemoth that poses enormous challenges for the companies affected.” …“The association call  for a significant reduction in bureaucratic requirements, practical solutions for implementation in the supply chain, and genuine risk-based approaches that adequately consider regions without deforestation risk.”

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Carbon, Climate & Bioenergy

‘One of the most rapid transitions that I’ve seen’: NOAA forecaster on how this year’s El Niño could shatter records

By Sophie Berdugo
Live Science
May 1, 2026
Category: Carbon, Climate & Bioenergy
Region: Canada, United States, International

Our warming world is set to enter an El Niño period as early as May, with a high likelihood of southern North America experiencing supercharged temperatures. One of the three phases of the natural El Niño-Southern Oscillation (ENSO) cycle in the Pacific Ocean, El Niño events occur every two to seven years, driving up sea surface temperatures across the Pacific Ocean and increasing global temperature. The last El Niño partially explains why 2024 was the hottest year on record. The knock-on effects of past El Niño events have been profound, with studies linking them to famine in Europe; civil wars in tropical regions; and droughts, floods and forest fires around the world. …To get a better idea of what the upcoming El Niño will look like and what it could mean for Earth’s climate and weather, Live Science spoke with Nathaniel Johnson, a research meteorologist at NOAA Climate Prediction Center. 

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Octopus Energy Generation to invest $500 million to remove polluting CO₂ from the atmosphere

Octopus Energy
April 30, 2026
Category: Carbon, Climate & Bioenergy
Region: United States, International

LONDON and SAN FRANCISCO – Octopus Energy Generation, one of Europe’s leading renewables investors, is ramping up efforts to slash CO₂ pollution at scale – inking a major US deal that will help remove up to 50 million tonnes of carbon dioxide from the air. Octopus’s fund management team is set to invest $500 million in afforestation and reforestation projects in the US developed by public benefit and climate technology company Living Carbon. On top of that, Octopus has put nearly $13 million into Living Carbon’s fast-growing, cutting-edge carbon removal development business. …Across the US, roughly 130 million acres of land lie degraded and could be reforested. …The locations include old mining sites and worn-out farmland, transforming these spaces into CO₂-absorbing sinks that slash emissions and combat climate change. These projects will also have a host of additional benefits: restoring wildlife habitats, improving water quality, strengthening soils, and supporting local economies in rural communities.

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Finland’s Forestry Industry in 2026: Powering a Bioeconomy Under Pressure

By Kai Merivuori
ResourceWise Forest Products Blog
May 28, 2026
Category: Carbon, Climate & Bioenergy
Region: International

Finland’s economy has long been rooted in its forests—but in 2026, the sector sits at the intersection of energy transition, environmental regulation, and global market uncertainty. A glance at Finland’s real-time energy production reveals a system increasingly diversified across nuclear, hydro, and renewables. Yet beneath this transition lies a quieter but equally critical story: the evolving role of forestry in powering both industry and energy systems. Finland’s energy picture depends heavily on whether we look at electricity output or total primary energy consumption. …The broader energy balance tells a different story. When heat, fuels, and industrial energy are included, bioenergy remains Finland’s largest energy source, at roughly 135 TWh, ahead of nuclear energy at about 105 TWh. Oil remains significant at around 70 TWh, while hydro and wind contribute roughly 25 TWh and 20 TWh, respectively. This matters for forestry because forest-based energy remains central to Finland’s energy system, even as its role is slowly declining.

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