The government of British Columbia has announced plans to institute a “stumpage deferral program that keeps the lights on” for Canada’s softwood lumber producers, who continue to maintain massive excess capacity that has been devastating for US softwood lumber companies and workers. BC’s latest subsidy program will effectively inject between USD 124 million to USD 242 million of liquidity into the coffers of BC sawmills over the next 11 months. …”Canada is not entitled to the U.S. market, especially when it engages in unfair trade practices and maintains its disruptive levels of excess lumber capacity that it then dumps into the U.S. market,” explained van Heyningen, adding that “political attacks on the President’s trade policies backed by Canada First organizations in the United States will not help address the true causes of the housing affordability problem, such as the cost of land, regulatory costs, labor costs, and homebuilder profitability rates.”
US President Donald Trump just lost his biggest emergency tariff weapon at the US Supreme Court – but for Canadian exporters and long‑term investors, the real story is that the pressure has shifted to narrower, more strategic sectors that matter for jobs, growth and returns. …Trump reacted by promising new tariffs through other statutes. …Section 232 now defines Canada’s real exposure. …Softwood timber and lumber: 10 percent tariffs imposed last October, alongside US countervailing and anti‑dumping duties on Canadian lumber that the Commerce Department increased from 14.5 percent to 35 percent earlier this year. …Upholstered wooden furniture, cabinets and vanities: 25 percent tariffs since last October; a planned increase in January was paused. …Dominic LeBlanc, Canada’s minister for US–Canadian trade relations, told CBC News that “what’s hurting the Canadian economy are the sectoral tariffs under a different American law,” and said this “reminds us again of the importance of diversifying our trading relationships.” 
President Donald Trump announced a temporary import duty under Section 122 of the Trade Act of 1974, shortly after the US Supreme Court struck down his tariffs imposed under the International Emergency Economic Powers Act. The Section 122 surcharge is scheduled to take effect February 24 and remain in place for up to 150 days. Under the proclamation, Section 122 duties do not apply to goods that are subject to Section 232 of the Trade Expansion Act of 1962 or that are USMCA compliant. The implications for wood products are as follows:
The US Lumber Coalition has expanded its list of complaints against Canadian softwood producers. The group has presented nine “new subsidy allegations,” claiming that Canadian producers benefit from federal government programs, including one that offers refundable tax credits for clean technology such as solar power. …The Commerce Department is investigating the nine new allegations put forward by the group. Canada has repeatedly rejected American arguments that Canadian producers benefit from subsidies and also denies dumping. …One of the group’s complaints targets a federal program in Canada, open to eligible forestry companies, that provides refundable tax credits for carbon capture, utilization and storage. In addition, the group’s allegations name provincial programs in BC, Alberta, Ontario and Quebec. …The Commerce Department deferred a potential probe, suggested by the Coalition, into cases pertaining to alleged subsidies for long-term timber tenures in BC and Alberta. [to access the full story a Globe & Mail subscription is required]
Raw logs were being loaded for export at the shuttered Crofton pulp mill – just weeks after hundreds of local workers were laid off over a lack of wood fibre, and as about 120 sidelined Chemainus sawmill employees brace for their EI benefits to run dry. “I don’t want a handout, I want a job,” said Brian Bull, who was laid off from Western Forest Products’ Chemainus sawmill. …North Cowichan’s mayor says repeated appeals to federal officials to grant workers the additional 20 weeks of EI benefits promised by the Prime Minister in the summer of 2025 have gone unanswered. “There’s about 120 workers impacted at the Chemainus sawmill. The majority are set to lose their EI benefits next month. …So laid-off Chemainus sawmill workers are urging the provincial government to stop raw log exports. Elzinga said he fears their the Chemainus sawmill may never re-open, due a lack of fibre supply.
The CN railway running through 100 Mile House will not be discontinued after all. District of 100 Mile House Mayor Maureen Pinkney said that the consultant hired to assess the rail line’s future had told her, and around 87 other stakeholders in the region between North Vancouver and Prince George, that removal of the rails was off the table. …CN Rail announced it would be discontinuing service between Squamish and 100 Mile House… and that rails and ties are removed after discontinuance. …Potentials for the new use of the rail tracks include the return of passenger rail to 100 Mile House. …Pinkney said that there could be opportunities from the saved rail line to make up for lost tax revenue from the closure of the West Fraser Mill, as well as the OSB plant. 
The decision by the US Supreme Court to invalidate many of President Trump’s tariffs has been met with mixed reactions in Quebec, as the steel, aluminum and lumber sectors remain subject to US tariffs. Economy Minister Jean Boulet said, “its effects for Quebec seem limited,” noting that Quebec exports in accordance with CUSMA were already exempt. “American tariffs on lumber and other key sectors remain in place,” Boulet stressed. …Stakeholders from Quebec’s economic and union sectors pointed out that Friday’s ruling is far from putting an end to the trade war with our southern neighbors. …“While this decision is great news for free trade, its impact on Canada remains limited and we are not out of the woods yet,” said senior public policy analyst Gabriel Giguère in a statement. Moreover, the review of the USMCA planned for this year still looms over Canada-US relations.
The US Customs and Border Protection agency said it will halt collections of tariffs imposed under the International Emergency Economic Powers Act at 12:01 a.m. EST on Tuesday, more than three days after the US Supreme Court declared the duties illegal. The agency said in a message to shippers on its Cargo Systems Messaging Service that it will de-activate all tariff codes associated with US President Trump’s prior IEEPA-related orders as of Tuesday. The IEEPA tariff collection halt coincides with Trump’s imposition of a new, 15% global tariff under a different legal authority to replace the ones struck down by the Supreme Court on Friday. CBP gave no reason why it was continuing to collect the tariffs days after the Supreme Court’s ruling. The message noted that the collection halt does not affect other tariffs imposed by Trump under the Section 232 national security statute and the Section 301 unfair trade practices statute.
It took only a few hours after the 
The strong momentum and bull run of basic materials carried over into 2026 and appears poised to be the TSX’s top-performing sector for the second consecutive year. While mining heavyweights continue to lead the surge, lumber stocks are delivering market-beating returns. Stella-Jones, Canfor Corporation, and Doman Building Materials are worth watching right now. These companies offer operational leverage and have maintained resilience amid persistent price volatility and trade restrictions.
Prices of products manufactured in Canada, as measured by the Industrial Product Price Index (
VANCOUVER, BC – Canfor Corporation announced today that it will record a non-cash asset write down and impairment charge totaling approximately $321 million in its fourth quarter of 2025 results. Of this amount, $215 million relates to the Company’s lumber segment and $106 million relates to its pulp and paper segment. In the lumber segment, the impairment is associated with the Company’s European operations and reflects ongoing log supply pressures in the region, which have resulted in significant increases in log costs and reduced asset carrying values. In the pulp segment, the impairment reflects sustained declines in global US-dollar pulp list prices as well as continued challenges in securing economically viable fibre necessary to support operations. This impairment charge is non-cash in nature and does not affect Canfor’s liquidity position, cash flows or day-to-day operations.
US labor productivity in construction falls 30% from 1970 to 2024, while aggregate US labor productivity more than doubles over the same period, widening a long-running gap between construction and the wider economy. Since 1965, construction labor productivity falls by an average 0.6% per year, while economy-wide productivity grows about 1.6% per year, based on analysis by Goldman Sachs Global Investment Research. The analysis links part of the gap to limited innovation in construction equipment and processes after a period of faster adoption in the 1950s and 1960s. The share of industrial machines in total construction production costs rises from 4% in 1948 to 12% in 1968, then slips to 10% in the 1970s and stays near that level, while pre-fabrication’s share of new residential housing units falls from about one-third at its peak in 1960–1970 to 5%.
Contractors in certain niches can expect some meaningful materials price reductions after the Supreme Court struck down most of President Trump’s tariffs Friday. The court rejected Trump’s claim to authority to impose reciprocal tariffs. That would drive “a modest but meaningful reduction in materials price escalation” for specialty equipment, HVAC and electrical systems and fixtures, said Anirban Basu, chief economist at Associated Builders and Contractors. …But the administration quickly signaled plans for alternative tariff methods shortly after the ruling. AGC also noted other materials-specific tariffs on lumber, steel, aluminum and copper products are unaffected by Friday’s decision. Taken together, that means the Supreme Court decision “could be short-lived and completely counteracted,” said Basu. That back-and-forth tends to stall construction activity as owners and contractors weigh whether the decision will hold. …AGC has told builders not to hold their breath waiting for refund checks.
Massachusetts is considering changing state building codes to allow single staircases in multi-family residential buildings up to six stories. Advocates say the change would result in smaller buildings, space savings that could lead to 130,000 new housing units. Before changing the building codes, which currently require two exit stairways, Massachusetts Governor Maura Healey has signed an executive order establishing a technical advisory panel to study potential safety issues. “We’re all about making it easier to build more housing across our state to drive down costs for everyone,” Healey said in a statement. “While the double-stair requirement plays an important role in ensuring safety, it’s also holding us back from the type of housing construction we need to meet demand.” …New York City and Seattle, Washington have “permitted single-stair buildings up to six stories for decades,” the administration says…, as have the states of Tennessee, Montana, and Connecticut.
The forest industry and related associations, unions and community leaders have now coalesced behind the banner “forestry is a solution.” Their purpose, they say, is “to address the urgent challenges, from building affordable housing to reducing wildfire risks in our backyards” and to “rally British Columbians to support forestry workers and their families.” They will roll out the old dogma that BC practices the most sustainable forestry in the world. …The real purpose, I suspect, is that the coalition wants to continue the old model of intensive industrial forestry, despite the reality that our forests can no longer support this outdated model. In 2003, in an address at UBC, Pedersen, the chief forester of the day, stated that the forest industries’ plan was to harvest BC’s primary forests as quickly as possible and convert them into densely planted managed forests. Today, they have achieved that vision.
QUEBEC — A group of First Nations chiefs has filed a lawsuit claiming Aboriginal title over three large tracts of land. They say it’s to have more control over forestry but the implications go much further. For months, First Nations land defenders have been disrupting the logging industry on their traditional lands. It started in protest of Bill 97, the controversial forestry reform bill that Quebec scrapped in September. Nitassinan hereditary chief Dave Petiquay says the group of hereditary chiefs — from the Haute-Mauricie and Saguenay–Lac-Saint-Jean regions want the power to decide who can log on their lands and where. Lawyer Frédéric Bérard argues the Canadian constitution gives them that right. …The lawyer says, if successful, the suit would have repercussions for hereditary chiefs across the country and could impact future major infrastructure projects. The chiefs say they are willing to go all the way to the Supreme Court of Canada.
New research from The Nature Conservancy, the University of California, Berkeley and the USDA Forest Service, published in the journal Forest Ecology and Management, details how wildfires could be leveraged to increase forest resilience to future high-severity fires across the Western United States. Wildfires can be a powerful regenerative force for nature. However, modern wildfires in forests across the Western US have become uncharacteristically destructive, largely due to climate change and more than a century of fire suppression. Mechanical thinning and prescribed fire are used to reduce wildfire size and severity, but compliance restrictions and logistical challenges, as well as agency staffing capacity and funding constraints, often limit the scale of their treatment. The paper recommends that forest managers work in and adjacent to recent wildfire footprints to increase the pace and scale of fuel treatments, including low-to-moderate-severity wildfires (beneficial wildfire), and outlines three pathways for effectively leveraging these footprints.
A research paper questions a key rationale for expanding road access in national forests. Lifting restrictions on road construction in national forests could lead to more wildfires, according to a newly published study. The research led by a senior scientist at The Wilderness Society — which opposes the Trump administration’s proposal to reopen forests to new roads and logging — reinforces earlier studies finding that fire ignitions are more numerous near forest roads, including for fires started by lightning. The new research, published in the 
ARIZONA — A coalition of local governments, timber industry representatives and environmental groups plans to tell congressional leaders and US Forest Service officials this week that Northern Arizona’s forests — and the timber industry that depends on them — face collapse without construction of a second, 30-megawatt biomass-burning power plant. The group will carry that message to Washington, DC, arguing that a “biomass bottleneck” threatens forest restoration efforts, watersheds and rural communities. Two concurring reports outline the concern: one issued by the Eastern Arizona Counties Organization and the Natural Resources Working Group in the White Mountains, and another from the Greater Flagstaff Forest Partnership (GFFP) and the Forest Biomass Coalition Working Group. …The report concludes that, while private industry may eventually develop products such as fiberboard or biochar from forest byproducts, only a second biomass-burning plant near Flagstaff or Winslow offers a proven, near-term solution.
LITTLE ROCK, Arkansas — The Arkansas Department of Agriculture announced some of its forestry personnel will go to Oklahoma and Tennessee to help with wildfire suppression and winter storm response. Governor Sarah Huckabee Sanders authorized state forestry personnel to support wildfire suppression in Oklahoma and urban tree recovery in Tennessee. …Six wildland firefighters will go to Oklahoma for around two weeks. These firefighters will focus on attacking and suppressing new wildfires to prevent further spread. The Department is also sending four bulldozers and two pick-up trucks to help. Three urban forestry personnel will go to Tennessee to join an Urban Forest Strike Team, a specialized group of certified arborists, foresters, and urban forestry experts. Arkansas forestry personnel will help the UFST with tree damage and risk assessments, hazard mitigation planning, and technical expertise and training.
COWICHAN BAY, BC — Simon Fraser University researchers have uncovered concerning fibreglass contamination in a key estuary on Vancouver Island, raising concerns about how an as-yet overlooked contaminant could affect aquatic birds, marine life and coastal communities that rely on shellfish and seafood. A