Premier David Eby delivered the closing luncheon keynote at the 2026 COFI Convention on Friday, addressing a packed room of delegates and committing to a range of actions on fibre access, market diversification, value-added manufacturing, and reconciliation. The session, moderated by COFI President and CEO Kim Haakstad, included a substantive question-and-answer period. Eby opened by acknowledging both the challenges facing the sector and the role provincial policy has played in them — including restrictions around old growth and other policies that he said the government needs to do a better job of consolidating to ensure the fibre supply industry requires can actually be delivered. He described the conference theme of “Forestry is a Solution” as accurate across multiple dimensions — economic, environmental, and community — and said the province is committed to ensuring a sustainable forest sector for the long term. On tariffs, Eby said the US cannot produce enough wood to meet its own domestic demand and has been increasing imports from Europe and Russia to fill that gap — at higher cost to American consumers and at the expense of housing affordability.
The 2026 BC Council of Forest Industries Convention opened Thursday morning at the JW Marriott Parq Vancouver with a welcome session that set a clear tone for the two days ahead — forestry as both an industry under pressure and a source of solutions to some of British Columbia’s most pressing challenges. The session was anchored by Greg Stewart, President of Sinclar Group Forest Products and Chair of the COFI Board of Directors, who noted the convention was sold out. Speakers also included a territorial welcome from Squamish Nation Forestry Specialist Brian George, a civic address from City of Vancouver Councillor Lisa Dominato, and opening remarks from Kim Haakstad, President and CEO of COFI.
Four of BC’s leading forest sector CEOs delivered a frank and at times sobering assessment of the industry’s current state at the 2026 COFI Convention, telling delegates that conditions are among the most difficult any of them have encountered in careers spanning more than three decades. The session, moderated by Bridgitte Anderson, President and CEO of the Greater Vancouver Board of Trade, brought together Susan Yurkovich, President and CEO of Canfor; Sean McLaren, President and CEO of West Fraser; John Mohammed, President and Owner of A&A Trading Ltd.; and Steven Hofer, President and CEO of Western Forest Products. The panel was structured around questions, with the CEOs offering distinct perspectives shaped by their different roles across the sector’s value chain. …On current operating conditions, the panelists were unified in their assessment. Hofer said this is the most challenging business environment for a BC forest products company he has encountered in 33 years. …Yurkovich said BC used to be the last company standing in a downturn — with well-placed fibre, excellent sawmills, and skilled workers. That has changed. BC is now the first down.
The U.S. Department of Commerce plans to reduce duty rates for most Canadian softwood producers, but they would still need to pay hefty levies of 34.83%. US import taxes on softwood lumber currently total 45.16% on most Canadian producers, including combined countervailing and anti-dumping duties of 35.16% and tariffs of 10%. In its announcement on Thursday, the Commerce Department said it expects to decrease the anti-dumping duty rates to 10.66% from 20.53 %. Most Canadian producers also face paying 14.17% for countervailing duties, down slightly from 14.63%. The revised anti-dumping and countervailing duties equal 24.83%, and when combined with the tariffs, the levies total 34.83%. …Kurt Niquidet, of the BC Lumber Trade Council said, “These duties continue to make it more expensive to build homes at a time when both countries should be working together to improve housing affordability.” …New duty rates are intended to take effect by late summer of 2026, subject to further revisions in a final determination. [to access the full story a Globe & Mail subscription is required]
Mercer International’s bonds slumped after it sought to ditch rules requiring equal treatment for all creditors — a move that would give the struggling pulp producer the power to pick and choose which lenders to favor in a restructuring. The company asked owners of its bonds due in 2028 and 2029 to remove a provision that forces it to pay all lenders equally when it seeks to strike a debt deal, according to people familiar with the matter who asked not to be identified discussing private information. Separately, a group of Mercer’s creditors has organized in anticipation of debt talks with the company and plans to sign a cooperation pact binding them to act together. …Mercer is grappling with weak earnings and dwindling cash flow that’s left it struggling under the weight of its debt, which stood at about $1.6 billion at the end of last year. S&P Global Ratings downgraded the firm to CCC+ in February.
Ravi Parmar, Minister of Forests, issued the following statement in response to the US Department of Commerce’s release of preliminary results of the seventh administrative review of its anti-dumping and countervailing duty orders on Canadian softwood lumber: “BC stands with all those across Canada in our disappointment that the US has signalled that it will continue to impose unwarranted and unfair duties on Canadian softwood lumber products. “These duties serve only to damage both of our economies by harming BC and Canadian communities, and increasing the cost of housing and renovations for American families. “Duties on Canadian softwood lumber needlessly favour offshore imports that endanger North American jobs across the supply chain. Workers in BC, in Canada and in the US are worse off from duties on softwood lumber.
Global trade is being reshaped by escalating tariffs and geopolitical tensions, with the Nordic and European forestry industries directly affected. During 2025 and 2026, the United States introduced a series of trade measures that are altering the conditions for exports of timber, paper and pulp. …At the same time, the US has imposed steep tariffs on several major trading partners. Canada faces tariffs of 35%, although some products covered by the USMCA agreement are exempt. Brazil is subject to tariffs of up to 50% on paper and paperboard, while China continues to face high tariff levels. …Even where products are exempt from tariffs, trade is affected by higher supply chain costs, currency fluctuations and weaker demand. There is also a risk of trade diversion. If Canadian or Brazilian exporters face higher tariffs, they may redirect volumes to other markets, increasing competition in Europe. The broader trend points to a more fragmented global trading system.
Russia’s forest industry warns that up to 50% of companies could shut by the end of 2026 as lower export prices, higher transport costs and a strong ruble push producers deeper into losses. Regional lawmakers and industry participants ask First Deputy Prime Minister Denis Manturov to approve a three-year moratorium on creditor-initiated bankruptcy cases in the sector, along with tax deferrals and a pause on debt collection for liabilities accumulated by January 1, 2026, Russian Kommersant newspaper reports, citing a committee of the Arkhangelsk regional assembly. The draft says even large companies in the region have exhausted their financial reserves, are operating at a loss and are starting to miss tax and other mandatory payments. It puts total sector losses over the past three years at more than 15 billion rubles. State support for exporters also drops sharply, with compensation for forest export costs falling from 7.6 billion rubles in 2023 to 550 million in 2026.
If the US-Israeli ceasefire with Iran holds, it could offer the clearest hope of an end to the energy crisis since Iran’s Revolutionary Guards assumed control of the strait of Hormuz. …Even if the temporary detente manages to hold and hundreds of tankers stranded in the Gulf start to transit once more, analysts fear that will not be enough to return the flow of oil, gas, chemicals and other vital items to pre-crisis levels. An estimated 2,000 vessels have been trapped in the Gulf. …Shipping analysts predict operators will gain confidence once a ship owned by a large European company has safely made the crossing. However, they caution that it is a different matter for empty ships to decide to enter the strait to load up at the region’s ports, and it is unclear when this may start to happen. …Experts have said it could take months or years to fully restore the Gulf’s energy production.
In the first quarter of 2026, the NAHB/Westlake Royal Remodeling Market Index (RMI) posted a reading of 62, down two points compared to the previous quarter. Despite this decline, the overall reading has been solidly in positive territory since Q1 2020. Remodeler sentiment remained generally positive in the first quarter, even as many remodelers are still working to manage their customers’ cost expectations. Only a relatively small share report homeowners putting projects on hold due to economic and political uncertainty. Ongoing positive remodeler sentiment is consistent with NAHB’s outlook, given an aging housing stock and the lock-in effect of elevated mortgage rates keeping owners in the homes longer. In the first quarter, remodelers reported 21% of their projects were associated with home improvements made shortly after a purchase, while only 4% were for homeowners’ projected to ready a home for sale. 
The News-Review newspaper in Roseburg notified staff this week that it will stop printing and shutter its newsroom, the latest casualty in the long decline of local journalism. “Due to declining revenue, increasing print costs, and broader industry decline nationwide, The News-Review has reached a level of unsustainability that we can no longer overcome. As a result, The News-Review will be shutting down in its current form at the end of April,” the paper’s owner wrote. “As part of this transition, the editorial department will be discontinued and The News-Review brand will sunset”. The newspaper’s website lists 15 employees. …The News-Review traces its roots to the founding of the Roseburg Ensign in 1867. It took its current name in 1920, with the merger of the Umpqua Valley News and Roseburg Review. The paper serves a community south of Eugene that has been struggling for decades amid the protracted decline of Oregon’s timber industry.
LA RONGE, Saskatchewan — With Canada aiming to protect 30 per cent of land and water by 2030, a new study shows the federal government should pursue a conservation method which takes wildfires into account. That’s according to La Ronge’s Aaron Bell, who recently had a research paper published by the Ecological Society of America on March 30 as part of his PhD in Biology. The project, which includes experiments on 42 islands in the Lac La Ronge region, focused on testing competing ideas on how government’s design protected areas such as nature reserves, or provincial and national parks. …Bell proposing government’s use a pyrodiversity-biodiversity method, which promotes and maintains diverse plants and fauna and thereby generating diversity. …“I’m hoping it enables people in the North to say we’re not managing fires at all for biodiversity and maybe this is something we should think about moving forward,” he said. 
A non-replaceable forest licence has been awarded to Box Lake Lumber Products, enhancing its operations and the sustainable use of local timber. The opportunity is targeted to boost B.C.’s value‑added wood sector, putting to work unlogged timber. “A stable supply of wood to small-town forestry companies is a win for everyone in the community,” said Ravi Parmar, Minister of Forests. “This means more wood … for manufacturing companies, logging contracts for haulers and another boost to our value-added wood manufacturing sector. Our independent wood manufacturers put B.C. on the map as the global leader in high-quality wood products, and this licence is one more way to support that work.” A competitive opportunity provided specifically to value-added wood manufacturing companies, the non-replaceable forest licence will provide a consistent and stable supply of wood to Box Lake Lumber Products in the Kootenays.
Last week, the US Forest Service announced that it will be closing three-quarters of its research facilities as part of a reorganization. Now, experts are worried not only about the number of scientists who might be leaving the agency, but also about how the disruption could affect the gathering and dissemination of crucial wildfire and climate change data. The restructuring comes as parts of the US face what is expected to be a catastrophic wildfire season. The most recent wildland fire outlook shows that wildfire activity is already “well above average,” with more than 16,000 wildfires reported this year. Under the reorganization plan, the Forest Service will close 57 of 77 research facilities, as well as move its headquarters from Washington, D.C., to Salt Lake City, Utah. It will also close all nine of its regional offices; some states will then get their own offices, but others will be consolidated. 
For more than a year, the Trump administration has said it wants to harvest more timber from national forests. Now, officials are asking Congress to pay for the promise. The administration’s budget request would more than quadruple Forest Service spending on timber preparation and sales in the fiscal year beginning Oct. 1, even as many other agency priorities face steep reductions or elimination. The proposal calls for $175 million in the forest products account, up from $39 million this year. The administration didn’t ask for an increase a year ago, as it was settling in after taking the reins from the Biden administration. Spending on forest products has been flat for years, said Nick Smith, a spokesperson for the American Forest Resource Council, which represents companies harvesting timber from federal lands… saying the requested increase was a long-overdue investment in a programme that had operated at a small scale for decades. [to access the full story an E&E subscription is required]
COULTERVILLE, California – Teddy Roosevelt, John Muir and Gifford Pinchot are turning over in their graves as Donald Trump launches a devastating war against the conservation movement. “With the subtlety of a wrecking ball and the morality of a foreclosure notice the Trump administration announced the most devastating attack on the US Forest Service in the agency’s 121-year history. …The administration announced it would move the USFS headquarters out of Washington, D.C. to Salt Lake City, Utah. “They’re shuttering every single one of the 10 regional offices that have governed this agency and with them, the career professionals,” wrote Jim Pattiz. More than 50 research outlets across 31 states are set to close, labs that house decades of irreplaceable long-term science, “the kind you literally cannot restart once it’s gone,” Pattiz says. …Unfortunately, conservation groups like the Sierra Club built by John Muir have lost their focus and their power to bring change.
MONTANA — The U.S. Forest Service plans to create a logging unit across regional national forests, seeking to boost economic stability by committing to process timber only via local businesses. The new Sustained Yield Unit – a concept created by 1944 federal law – would include 22 Montana counties and all of Helena-Lewis & Clark and Beaverhead-Deerlodge national forests, as well as most of Custer Gallatin. …Speaking for the Governor’s Office, Amanda Kaster, director of Montana’s Department of Natural Resources and Conservation, expressed the state’s strong support. …The draft plan estimates that the unit would directly support 192 jobs per year over the next decade, plus an additional 225 jobs via economic ripple effects. But the Marks saw the yield unit’s harvest plan as inadequately ambitious. …Barb Cestero, Montana director at the Wilderness Society, feared that given the Forest Service’s recent staff cuts, a potential over-emphasis on logging could be problematic.
BOSTON — Urban forestry is a noble and necessary pursuit, yielding environmental and health benefits almost too numerous to count. …Urban forests, broadly speaking, also happen to be sources of large amounts of wood waste. The most recent estimates from the USDA Forest Service indicate that 46 million tons of sellable wood from urban areas is felled each year, most of which gets chipped, landfilled, or burned for energy. There is a missed opportunity afoot; not one of those pathways—with the possible exception of biomass power generation—involves making something of tangible value that’s inversely proportional to the amount of waste being generated. …Tridome Structures, a Massachusetts-based manufacturer of mass timber products, saw the gap in the Northeast market and acted accordingly. Only six months ago, the company opened a subsidiary mill operation called TimberWise in the town of Millis, a Boston suburb.