Blog Archives

Today’s Takeaway

US likely to narrow April 2 tariffs for now, focus on reciprocal levies

Tree Frog Forestry News
March 24, 2025
Category: Today's Takeaway

US tariffs on industrial sectors are now not expected April 2, but reciprocal levies on nations with trade imbalances are. In related news: Part II of a Tree Frog Special on Trump’s Re-emergence and Political Risk in the Canadian Forest Sector; Alberta council urges province to support its forest industry; and a US columnist says Canada stands accused of… subsiding Americans. Meanwhile: US remodelling soars but struggles to find labor; and Gene Wengert, the infamous Wood Doctor, has died at 82.

In Forestry/Wildfire News: Canada invests in wildfire training; whitebark pine restoration makes progress in BC and Alberta; ENGOs call for more conservation in BC; and US tree planting is cut due to DEI measures. Meanwhile: a new UK report on mass timber benefits; and Canfor partners in pursuit of formaldehyde-free wood adhesives.

Finally, Amazon faces a greenwashing lawsuit; while a Georgia jury fines Monsanto $2B.

Kelly McCloskey, Tree Frog Editor

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Special Feature

Trump’s Re-emergence and Political Risk in the Canadian Forest Sector – Part II

By Kelly McCloskey and Robert McKellar
Tree Frog Forestry News
March 24, 2025
Category: Special Feature
Region: Canada, United States

Kelly McCloskey

Robert McKellar

When we first reached out to political risk expert Robert McKellar in mid-2024, our goal was to spark a conversation the forest sector wasn’t yet having—about political risk and its growing influence on everything from trade policy to investment decisions. Robert’s op-ed in August, 2024 made the case that political risk is not just something that happens in volatile regions—it is the exposure of businesses to political forces, whether through government policies, trade dynamics, or geopolitical shifts. He identified major political forces impacting the Canadian forest sector—including the growing China-West rivalry and Canada-US trade friction—to help companies assess the relevance of political risk for themselves. In hindsight, his foresights were well placed.

After the election of President Trump and given how quickly the trade situation evolved, we reached out to Robert a few weeks ago to re-examine these dynamics. And given the complexities, we decided on a two-part approach. In Part I, in February 2025, Robert set the stage by looking at Trump’s leadership style and his approach to business, he outlined how forest product companies can assess and manage political risk, and then he focused on the most pressing risk to the sector—tariffs. The other risks—lumber duties, interference in Canadian-owned US-based industries, and the impact of US-China trade tensions on lumber sales—were left for Part II.  In that this is a long read, in the “READ MORE document” are the following hyperlinked-titles—should you wish to proceed directly to a given section:

  • Recap of Part I
  • Is Trump toying with Canada or is there a plan?
  • The latest on duties and tariffs
  • Are Canadian US-subsidiaries at risk?
  • US-China friction and lumber sales
  • How to plan and manage for political risk

This isn’t a typical industry commentary. It’s not about what government should do, or where markets might go next. It’s about what companies can do now to better anticipate, adapt to, and, at times, even leverage political disruption. [full disclosure, Robert McKellar is Tree Frog co-editor Sandy McKellar’s brother]

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Opinion / EdiTOADial

Strengthening Canada’s Forestry Sector with Canadian-Made Solutions

By Derek Nighbor
Canadian Politics and Public Policy
March 25, 2025
Category: Opinion / EdiTOADial
Region: Canada

Derek Nighbor

The current threat of an additional 25% US tariff facing Canada’s forest sector is an urgent wake-up call to improve our nation’s competitiveness and infrastructure, and to diversify export markets. …Our nation’s natural resources are Canada’s global competitive advantage. In recognition, the federal government has created integrated sector strategies for critical minerals, cement, and electricity. …These natural resource sector strategies are critical to a more secure, more sustainable, and more competitive economy. Forestry is an important part of that economy but has not been part of the underlying strategy.

Forestry needs a National Forest Sector Strategy to: build more homes using Canadian wood products;​ convert “wood waste” into biofuels for power;​ open new international opportunities for Canada’s wood products; and cut red tape and regulatory barriers. …FPAC advocates for the reinstatement of full funding for market expansion programs such as Canada Wood, which can open new international opportunities for Canadian forest products. …Finally, environmental and land-use policies must remain science-based and not impose unnecessary restrictions that hurt the creation of jobs, investment, and sustainable forestry operations. 

The unjust tariffs threatened by the American administration (in addition to the existing duties on softwood lumber) are a real risk to Canada’s forest sector and the broader economic relationship between the two countries. FPAC supports the federal, provincial and territorial governments in their swift tariff response, including firm countermeasures. However, for the forestry sector’s long-term health, the solution lies in domestic policy. With a robust response, Canada can mitigate the impact and emerge stronger. Expanding domestic wood use, advancing biomass and pulp market opportunities, strengthening trade resilience, and cutting regulatory barriers are critical steps in this journey. 

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Business & Politics

How Donald Trump’s trade war against Canada reveals tensions inherent in friendship

The Conversation Canada
March 25, 2025
Category: Business & Politics
Region: Canada, United States

US President Trump vowed to “tariff and tax foreign countries to enrich our citizens.” …Trump’s approach appears less about economic strategy and more about asserting dominance. …The celebrated Canada-U.S. friendship — further entrenched over the past three decades by the 1989 Canada-U.S. free-trade agreement — has long balanced underlying tension stemming from the two nations’ power differences. …But the rupture is… a reminder of how the relationship has always worked. The question now is not whether Canada can restore its friendship, but whether it can afford to continue believing in it on the same terms. …The challenge for Canada is to redefine its position in North America beyond the framework of mutuality and dependence. At the policy level, this means diversifying trade and diplomatic ties, resisting automatic alignment and asserting independent leadership in global affairs. At home, it means forging a national identity that is self-defined and free from the shadow of comparison.

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There is no easy way for Canada to de-escalate the trade war

By John Woodside
National Observer
March 25, 2025
Category: Business & Politics
Region: Canada, United States

As a federal election kicks off, the trade war with the US is casting a long shadow over voters’ choices, and whoever forms the next government will have the tall order of trying to draw this conflict to a close. …International trade experts say that will be much easier said than done. The two economies are more integrated than ever before, and President Donald Trump’s chaotic governing style makes it extremely difficult to know how to even begin to unravel this dispute. …Carney met with the country’s premiers and leaders from long-time allies in other countries to chart a short- and long-term response to the tariffs. He has conceded there’s a limit to how much Canada can do to respond. …Russell Williams at Memorial University said because Trump keeps threatening Canada’s existence, a political, rhetorical de-escalation is essential before any compromise on trade can be reached. 

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Canada Announces New Subsidies for Its Softwood Lumber Industry While Claiming that Canada’s Industry Is Not Subsidized

By The US Lumber Coalition
PR Newswire
March 24, 2025
Category: Business & Politics
Region: Canada, United States

WASHINGTON — Canada consistently claims that their softwood lumber producers are not subsidized and therefore should have unfettered access to the US market. Yet every Administration since the Reagan Administration has investigated the softwood lumber trade issue with the same conclusion: import duties are warranted because Canadian lumber producers engage in unfair trade practices that harm US companies and workers. …”Canada’s continuous feigned outrage at U.S. anti-subsidy measures is remarkable theater,” stated Andrew Miller of Stimson Lumber Company . “Just last week, Canada announced new subsidy programs for its softwood lumber producers.” …”The US lumber industry are the ones who should be outraged,” added Miller. …”The American lumber industry has the capacity to supply nearly all US lumber demand, and with the tariff measures being contemplated by President Trump, the US industry can, over time, supply 100% of the US softwood lumber need,” said Zoltan van Heyningen.

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Trump’s Re-emergence and Political Risk in the Canadian Forest Sector

Kelly McCloskey, Editor
Tree Frog Forestry News
March 25, 2025
Category: Business & Politics
Region: Canada, United States

Yesterday, we featured Part II of our in-depth Q&A with political risk expert Robert McKellar, a follow-up to an August 2024 op-ed that sparked a much-needed conversation in the forest sector. A few weeks ago, in Part I of our follow-up, we explored the return of President Trump, his leadership style, and why political risk—once seen as a problem for unstable regions—is now very real for Canadian forest companies. McKellar identified major political forces impacting the Canadian forest sector—including the growing China-West rivalry and Canada-US trade friction—to help companies assess the relevance of political risk for themselves.

Part II, just published, picks up where we left off. It tackles the latest developments on duties and tariffs, asks whether Canadian-owned U.S. subsidiaries are in Washington’s crosshairs, and examines how U.S.-China trade friction could shape lumber demand. Yesterday’s announcement, that Trumps tariffs may be more targeted than initially threatened, simply adds to the uncertainty. …This isn’t your typical policy commentary—it’s a practical guide for companies looking to anticipate, adapt to, and even leverage political disruption. Although it’s a long read, we think it’s an important one.

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Trump plans his tariff ‘Liberation Day’ with more targeted push

The Business Times
March 23, 2025
Category: Business & Politics
Region: Canada, United States

US President Donald Trump’s coming wave of tariffs is poised to be more targeted than the barrage he has threatened, aides and allies said. …The White House is narrowing its approach to take effect on April 2, likely omitting a set of industry-specific tariffs while applying reciprocal levies on a targeted set of nations that account for the bulk of foreign trade with the US. …The White House is still planning to unveil the reciprocal -tariff action on that day, though. …The fate of the sectoral tariffs, as well as tariffs on Canada and Mexico that Trump said were justified by fentanyl, remains uncertain. …The administration is now focusing on applying tariffs to about 15% of nations with persistent trade imbalances with the US… such as Australia, Brazil, Canada, China, the European Union, India, Japan, South Korea, Mexico, Russia, and Vietnam.

Related coverage in:

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Carney to call snap election as Canada faces trade war with US

By Ana Faguy
BBC News
March 20, 2025
Category: Business & Politics
Region: Canada, United States

Canada’s new Prime Minister Mark Carney is likely to call a national election for 28 April, potentially as soon as this Sunday, multiple news outlets report. With Canada’s businesses reeling from a trade dispute with the US, Carney – a former two-time central banker – is expected to pitch himself as the candidate best equipped to take on Donald Trump. …The prime minister’s announcement to call an election and request the dissolution of Parliament will kick off a five-week campaign for Carney and his political opponents. While the timing of the request to dissolve parliament is clear – the exact election date is not. …Some suggest a shorter campaign could work in Carney’s favour, since much of the current national discourse revolves around the ongoing trade war between the US and Canada, particularly after President Trump’s threats and actions.

Related coverage in:

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Donald Trump says US doesn’t need Canadian lumber. Here’s why that’s not true

By Derrick Penner
The Vancouver Sun
March 21, 2025
Category: Business & Politics
Region: Canada, United States

US builders pay a premium for the spruce, pine and fir (SPF) lumber that BC produces and could soon face additional tariffs after Trump’s proclamation that America doesn’t need the province’s wood. They like it, particularly for framing walls because SPF is lighter, stronger and tighter-grained than the more abundant southern yellow pine lumber that has a reputation for warping. …“There’s just this gap between what the U.S. can supply and what their demand is,” said Kurt Niquidet, president of the B.C. Lumber Trade Council. ..“There’s no way American supply, in the short-term, can do anything but rely on Canadian lumber,” Russ Taylor said. “Tariffs are just going to push the price up and create shortages,” Taylor said. “It’s just going to be market chaos, as it will be with OSB panels as it will be with pulp and newsprint.”

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Why this 46-year-old BC furniture company is packing up and moving to the US

By Gordon McIntyre
The Vancouver Sun
March 25, 2025
Category: Business & Politics
Region: United States

A 46-year-old Delta company is shutting its doors and will soon be running all of its operations out of its North Carolina plant. Prepac Manufacturing, founded in 1979 by Vancouver startup entrepreneur Steve Simpson, opened a plant in Whitsett, North Carolina in 2021, bringing manufacturing, warehousing and distribution together in one location. Only a year before, Prepac had expanded into a fourth building in Delta. …The current tariff war was not a consideration, CEO Nick Bozikis said. …”Unifor, the union representing the severed workers in Delta, questions the company’s claim that tariffs had nothing to do with the closure. …The union pointed out Prepac is the second known furniture maker to lay off workers since the onset of the trade war. South Shore, a furniture maker in Quebec, laid off 115 workers in February, citing the threat of tariffs.

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Trump’s Threat of ‘Secondary Tariffs’ Invents New Trade Tool

By Kevin Breuninger
Bloomberg in Yahoo! Finance
March 25, 2025
Category: Business & Politics
Region: United States, International

President Trump appeared to invent a new economic statecraft tactic by threatening what he dubbed “secondary tariffs” on countries that buy oil from Venezuela to choke off its oil trade with other nations. The threat… said countries could face 25% tariffs on trade with the US if they purchase oil and gas from Venezuela, which is already under heavy US sanctions. …The novel approach adds to a growing list of tools that Trump has been eager to deploy as leverage in achieving its foreign and domestic policy goals. …With the threat, Trump appeared to be inventing a combination of tariffs and what are known as secondary sanctions, the financial punishments that can be imposed on other countries or people for doing business with sanctioned entities. …“China is the main actor this is directed at because it’s essentially the black market for Venezuelan oil,” Monaldi said.

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Stumped By Stumpage: Canadians stand accused of … subsidizing hundreds of millions of Americans

By Kevin Williamson
The Dispatch
March 24, 2025
Category: Business & Politics
Region: United States

In seeking to justify his imbecilic trade war against Canada, Donald Trump complained on March 7 that “Canada has been ripping us off for years on tariffs for lumber.” You will not be surprised to learn that this claim is untrue, and that, until very recently, there were no Canadian tariffs on US lumber at all. The Canadian tariffs on US lumber that have been imposed since they were first considered in 2017 are retaliation for increases in US tariffs on Canadian lumber. As usual, Trump either doesn’t know what he is talking about or doesn’t care. The US-Canada dispute over trade in softwood lumber… has been “solved” at least two times in the past, producing the inevitable crop of initialisms: the SLA (Softwood Lumber Agreement), and CUSFTA (Canada-U.S. Free Trade Agreement) which begat NAFTA (North American Free Trade Agreement) which begat USMCA (United States-Mexico-Canada Agreement). [to access the full story a Dispatch subscription is required]

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Gene Wengert, the Wood Doctor, has died

By Larry Adams
The Woodworking Network
March 23, 2025
Category: Business & Politics
Region: United States

Gene Wengert, known for decades as The Wood Doctor who answered questions from wood professionals for the popular Wood Doctor column in Furniture Design & Manufacturing Components (FDMC) magazine, died March 17 from metastatic pancreatic cancer. He was 82. Wengert began his career in wood products in 1961. …He co-authored the USDA Handbook Drying Eastern Hardwood Lumber, a resource that continues to be used through the industry. …As a former professor and extension specialist at Virginia Tech, and researcher at the USDA Forest Products Lab, Wengert taught more than 30 practical wood processing classes. Wengert retired from the extension in 1998 and began his consulting company “The Wood Doctor’s Rx LLC.” He traveled extensively both abroad and domestically. Overall, he wrote eight books on wood processing, wrote hundreds of practical articles for the industry, and trained over 5,000 sawmill and wood drying employees. Wengert was born August 31, 1942, in Knoxville, Tennessee.

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Decorative Hardwoods Association comments on unfair trade practices

The Decorative Hardwoods Association
March 20, 2025
Category: Business & Politics
Region: United States, International

The Office of the U.S. Trade Representative requested country-by-country comments from industry experts to assist the agency in reviewing and identifying any unfair trade practices by other countries. In response, DHA has filed comments on non-reciprocal trade relationships and tariffs. DHA highlighted that our members have been harmed by unfair trade practices engaged in by countries, particularly in Asia. …DHA members, particularly hardwood plywood manufacturers and engineered wood floor manufacturers, have in recent years successfully pursued antidumping and countervailing duty trade cases against Chinese manufacturers. While helpful, these cases are time-consuming and expensive and do not solve the problem. Too often, Chinese companies are quick to transship through other Asian countries like Vietnam, Indonesia, or Malaysia. …In addition to banning all wood products made from Russian wood, USTR should consider increasing the tariff on wood products made with birch that often comes in at no tariff.

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Mike Haws of Sappi Paper is leading a $400 million investment in Somerset Mill in Maine

By Peter Van Allen
MaineBiz
March 24, 2025
Category: Business & Politics
Region: United States, US East

At Sappi’s Somerset Mill, we’re undertaking a monumental construction project to transform and expand Paper Machine No. 2. With an investment exceeding $400 million, this initiative — the largest rebuild project in Sappi Limited’s history — will double PM2’s production capacity and enable the mill to manufacture more sustainable SBS (solid bleached sulfate) paperboard for packaging products that are more environmentally sustainable alternatives to single-use plastics. The project builds on our earlier $200 million investment in 2018, which expanded Paper Machine No. 1 and upgraded the mill’s woodyard. The scale of this endeavor is staggering. For context, the Empire State Building rests on 210 foundation columns sunk 55 feet into Manhattan bedrock. In contrast, PM2’s new machine hall and winder are supported by 205 columns driven 80 feet into Maine’s granite bedrock. 

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Finance & Economics

Slight Decline in Rates Helps New Home Sales to Edge Higher in February

By Robert Dietz, Chief Economist
NAHB Eye on Housing
March 25, 2025
Category: Finance & Economics
Region: United States

A slight decline in mortgage rates and limited existing inventory helped new home sales to edge higher in February even as housing affordability challenges continue to act as a strong headwind on the market. Sales of newly built, single-family homes in February increased 1.8% to a 676,000 seasonally adjusted annual rate from a revised January number, according to newly released data from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. The pace of new home sales in February was up 5.1% compared to a year earlier.

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US Consumer Confidence fell to a 4-year low, expectations for the future to a 12-year low

By Fan-Yu Kuo
NAHB Eye on Housing
March 25, 2025
Category: Finance & Economics
Region: United States

US Consumer confidence fell for the fourth straight month amid growing concerns about the economic outlook and policy uncertainties, especially potential tariffs. Uncertainties continue to weigh on consumer sentiment as consumer confidence dropped to a 4-year low and expectations for the future economy fell to a 12-year low. The persistent decline in sentiment has raised recession concerns as consumers have grown pessimistic about economic conditions. The Consumer Confidence Index fell from 100 to 92.9 in March, the largest monthly decline since August 2021 and the lowest level since February 2021. …The Present Situation Index decreased 3.6 points from 138.1 to 134.5, and the Expectation Situation Index dropped 9.6 points from 74.8 to 65.2, the lowest level since February 2013. This is the second consecutive month that the Expectation Index has been below 80, a threshold that often signals a recession within a year.

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UK’s biofuels policy opens market for U.S. forest products

USDA Economic Research Service
March 25, 2025
Category: Finance & Economics
Region: United States, International

Since the UK formal departure from the European Union,” the UK’s renewable energy strategy has led to increased imports of biofuels like ethanol, biodiesel, and notably, wood pellets….This initiative has made the UK the world’s largest wood pellet importer, accounting for more than two-thirds of global imports since 2012. The United States has become the primary source of the UK’s wood pellet supply, providing 76% of total imports in 2024. Before 2010, wood pellets made up 1.6% of U.S. forest product exports, but by 2024, they accounted for 19.6%. Since 2012, the UK has imported 71% of U.S. wood pellets. The rise of U.S. wood pellet exports is a direct result of the UK’s initiative for more biofuel-based energy, creating a lucrative market for U.S. forest products. This chart first appeared in the USDA, Economic Research Service report, European Agri-Food Trade and Brexit: The First 3 Years of the EU-UK Trade and Cooperation Agreement.

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The construction materials most at risk for tariffs

By Sebastian Obando
Construction Dive
March 25, 2025
Category: Finance & Economics
Region: United States

Contractors are bracing for a new wave of tariffs set to take effect April 2, this time on certain material imported from Canada and Mexico — such as steel, aluminum and lumber. Though reports indicate the Trump administration could roll back the ultimate scope of this action, contractors say just the threat of tariffs can have an immediate impact on material costs. That’s why that looming deadline on Canadian and Mexican imports has already sparked concern across the construction industry, particularly around reinforcing and structural steel, curtainwall systems and Canadian lumber, said Steve Stouthamer, executive VP Skanska USA Building. Stouthamer talks about the materials most at risk, tariffs’ impact on budgets and negotiations and steps contractors can take to minimize financial exposure. …The Trump administration has indicated Canadian lumber will be included in the reciprocal tariffs. Lumber has already seen a significant increase, 10% to 15% in cost, in anticipation of this tariff.

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Remodeling soars to new heights but industry struggles to address labor shortages

JCHS – Joint Center for Housing Studies of Harvard University
March 20, 2025
Category: Finance & Economics
Region: United States

CAMBRIDGE – The US remodeling market soared above $600 billion in the wake of the pandemic and, despite recent softening, remains 50 percent above pre-pandemic levels. However, industry fragmentation, inflation, and a shortage of skilled trade labor jeopardize the ability of the industry to fully meet demand. According to Improving America’s Housing 2025, a new report out today from the Harvard Joint Center for Housing Studies, the extraordinary strength of the remodeling market has been supported by the aging of homes and households, as well as record-high property values, but far more investment is needed to address growing needs for energy efficiency and disaster resilience of the country’s 145 million homes. Five Takeaways from the 2025 report:

  • Pandemic Fuels Unprecedented Spending on Remodeling
  • Climate Change Necessitates Improvement Spending and Drives Up Insurance Premiums
  • The Housing Stock is Older than Ever and Substandard Conditions Must Be Addressed
  • Changing Demographics Affect Remodeling Spending
  • Fragmentation, Surging Costs, and Labor Shortages Hinder Remodelers

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The Conference Board Leading Economic Index for the US Fell Further in February

The Conference Board
March 20, 2025
Category: Finance & Economics
Region: United States

The Conference Board Leading Economic Index® (LEI) for the US declined by 0.3% in February 2025 to 101.1 (2016=100), after a 0.2% decline in January. Overall, the LEI fell by 1.0% in the six-month period ending February 2025, less than half of its rate of decline of –2.1% over the previous six months (February–August 2024). “The US LEI fell again in February and continues to point to headwinds ahead,” said Justyna Zabinska-La Monica at The Conference Board. “Consumers’ expectations of future business conditions turned more pessimistic. That was the component that weighed down most heavily on the Index in February. Manufacturing new orders, which improved in January, retreated and were the second largest negative contributor to the Index’s monthly decline. …We currently forecast that real GDP growth in the US will slow to around 2.0% in 2025.”

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US Existing Home Sales Increased in February

By Fan-Yu Kuo
NAHB Eye on Housing
March 20, 2025
Category: Finance & Economics
Region: United States

Existing home sales in February increased to the second highest level since March 2024, according to the National Association of Realtors (NAR). This rebound suggests buyers are slowly entering the market as inventory improves and mortgage rates decline from recent high in January. Despite rates easing, economic uncertainty may continue to constrain buyer activity. Total existing home sales, including single-family homes, townhomes, condominiums, and co-ops, rose 4.2% to a seasonally adjusted annual rate of 4.26 million in February. On a year-over-year basis, sales were 1.2% lower than a year ago. The first-time buyer share was 31% in February, up from 28% in January and 26% from a year ago. The existing home inventory level was 1.24 million units in February, up from 1.18 million in January, and up 17.0% from a year ago. 

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Tariffs Are Going to Make DIY More Expensive

By Karuna Eberl
Family Handyman
March 20, 2025
Category: Finance & Economics
Region: United States

There is a 20% tariff on products from China and 25% on many goods from Canada and Mexico. What is sure is that they will increase the cost of DIY projects and home renovations, says Pelin Pekgun, at Wake Forest University School of Business. …“While prices will not rise immediately, higher material costs, potential shortages and supply delays could result in tighter renovation budgets in the coming months.” …One of the most significant products the tariffs will impact is lumber. More than 25% of cement and concrete are imported from Canada and Mexico, so the cost of pouring foundations and flatwork, such as driveways and walkways, will likely increase. …Many other building materials will likely get more expensive, including flooring, cabinets, countertops and lighting. Though not a direct consequence of tariffs, labor costs are also a growing concern in the construction industry, says roofer Michael Green.

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UK construction sees increased pine supplies as timber mix evolves

By Stephen Powney
The Timber Trades Journal
March 24, 2025
Category: Finance & Economics
Region: International

The UK construction supply chain is seeing an increase in imports of European Redwood (Pine) as European sawmills face significant disruptions that are impacting the availability of European Whitewood (Spruce), according to Timber Development UK (TDUK). TDUK has issued a Trade Note on the subject, reassuring members that this does not mean there is a shortage of timber available to the UK, but simply that the mix of species being imported is changing. The UK construction industry heavily relies on coniferous timber, with about 65% of our requirements being met through imports. European Whitewood (Spruce) and European Redwood (Pine) are the dominant species, but recent Bark Beetle infestations, geopolitical factors and changing forest management priorities have seen some European sawmill lines temporarily closing.

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China’s property market edges toward an inflection point

By Evelyn Cheng
CNBC
March 20, 2025
Category: Finance & Economics
Region: International

BEIJING — UBS analysts became the latest to raise expectations that China’s struggling real estate market is close to stabilizing. “After four or five years of a downward cycle, we have begun to see some relatively positive signals,” John Lam at UBS Investment Bank. …“Of course these signals aren’t nationwide, and may be local,” Lam said. One indicator is improving sales in China’s largest cities. Existing home sales in five major Chinese cities have climbed by more than 30% from a year ago on a weekly basis as of Wednesday. The category is typically called “secondary home sales” in China, in contrast to the primary market, which has typically consisted of newly built apartment homes. UBS now predicts China’s home prices can stabilize in early 2026, earlier than the mid-2026 timeframe previously forecast. They expect secondary transactions could reach half of the total by 2026.

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Wood, Paper & Green Building

Canada and Quebec Invest in Sustainable Wood Construction

By Natural Resources Canada
Cision Newswire
March 20, 2025
Category: Wood, Paper & Green Building
Region: Canada, Canada East

OTTAWA — Steven Guilbeault, Minister of Canadian Culture and Identity, Parks Canada and Quebec Lieutenant, along with the Minister of Natural Resources and Forests of Quebec, Maïté Blanchette Vézina, announced a joint contribution of over $8.5 million for four projects that will promote green construction in Quebec, including the use of low-carbon Canadian wood to accelerate new building projects. The Government of Canada is investing more than $4.7 million, while the Government of Quebec is contributing $3.83 million. …Through these investments, the Government of Canada and the Government of Quebec are further accelerating the adoption of cutting-edge residential construction technologies to drive down costs and help the industry access the made-in-Canada products it needs to build more homes for Canadians.

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Canada Invests in Nova Scotia’s Local Mass Timber Industry

By Natural Resources Canada
Cision Newswire
March 20, 2025
Category: Wood, Paper & Green Building
Region: Canada, Canada East

EAST HANTS, Nova Scotia — The Honourable Kody Blois, Minister of Agriculture and Agri-Food, announced federal funding for MTC Mass Timber Company (MTC) to support its move to technology-driven manufacturing that will create high-value mass timber products in Nova Scotia. Through an investment of $500,000, MTC will advance the detailed design of Canada’s first large-scale, clear-span mass timber manufacturing structure that would house a new industrial plant. Once constructed, MTC will be Canada’s first vertically integrated mass timber manufacturer in Atlantic Canada, allowing further growth of the region’s offsite building construction sector and improving access to housing for Nova Scotians. MTC was also conditionally approved for $10 million in federal support, subject to the required due diligence measures, and the negotiation of a final agreement.

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Amazon Hit with Greenwashing Suit Over Paper Products

By Katie Rogers, and Gonzalo Mon
Kelley Drye & Warren LLP
March 23, 2025
Category: Wood, Paper & Green Building
Region: United States

Last week, consumers in four states filed a proposed class action against Amazon, accusing the company of greenwashing by misleading consumers about the sustainability of the company’s Amazon Basics line of paper products. Here are some of the key allegations: Amazon uses a Sustainability Leaf and a Climate Pledge Friendly logo to suggest that Amazon’s supply chain for Amazon Basics paper products uses sustainable forestry practices. …However, because Amazon sources its Amazon Basics paper products from suppliers who clearcut and burn centuries-old forests, Amazon is exaggerating any environmental benefits. …The Forest Stewardship Council (or ​“FSC”) requires companies to use different FSC logos to depict different levels of commitment to responsible forest management. Despite this, Amazon uses an unqualified Forest Stewardship Council logo. …This Complaint challenges an arguably very sustainably-minded company. We learned this week that Amazon announced the launch of a new carbon credit investment service.

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New fire maps put nearly 4 million Californians in hazardous zones. What does that mean for the people who live there?

By Ben Christopher
CALmatters
March 24, 2025
Category: Wood, Paper & Green Building
Region: United States, US West

CALIFORNIA — With the release of its fourth and final round of color-coded hazard maps this morning, California’s firefighting agency is showing just how much of the state is prone to wildfire — and how much that computationally-modeled danger zone has grown since the state issued its last round of local hazard maps more than a decade ago. With a few notable areas where the orange and red tide receded, like the hills above Berkeley and Oakland, territory deemed “high” or “very high” hazard exploded across the state, increasing by 168% since 2011. All told, the size of these orange and red patches on the new maps is 3,626 square miles. …That’s home to roughly 3.7 million people.  That means roughly 1-in-10 Californians are subject to an array of building code, defensible space and real estate disclosure rules, all of which could have lasting effects on how people live, communities plan and housing markets function. 

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Report on mass timber use highlights benefits

Institute of Materials, Minerals & Mining
March 24, 2025
Category: Wood, Paper & Green Building
Region: International

UK — The Measuring Mass Timber project presents research led by architecture practice dRMM, conducted in collaboration with Edinburgh Napier University and the Quality of Life Foundation. The methodology was developed with a goal to assess the quality of life and whole-life carbon impacts of five case study projects across different sectors. These are UK buildings for education, infrastructure, worship, residential and commercial uses. According to the report, mass timber is a readily available option to help achieve embodied carbon targets, while the quality of life assessment of the case study buildings show benefits healthwise. Each building was subject to detailed lifecycle analysis, internal environment monitoring and user consultation over the two-year study. dRMM believes this could be seen as a first step in building an evidence-driven case for timber construction using whole-life carbon and wellbeing metrics.

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Forestry

Canada Strengthens Wildfire Response Through Training

Natural Resources Canada
March 21, 2025
Category: Forestry
Region: Canada

OTTAWA — The Honourable Jonathan Wilkinson announced a $16.3 million investment over the next three years, starting in 2024–25, to support 25 projects through the Government of Canada’s Fighting and Managing Wildfires in a Changing Climate Program (FMWCC) – Training Fund. Through this investment, over 2,800 youth and community members in remote, rural and Indigenous communities across Canada will receive wildland firefighting training to enhance community capacity for responding to and managing wildfires. …Some of the projects funded through the FMWCC Training Fund include: $329,109 to the Keewaytinook Okimakanak’s project in Thunder Bay, Ontario… $499,330 to the Metis Settlements General Council’s project in Edmonton, Alberta… $946,330 to Prince Albert Development Corporation Management Co. Ltd.’s project in Prince Albert, Saskatchewan… and $1,999,999 to the Independent First Nations Alliance’s (IFNA) project in Sioux Lookout, Ontario.

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Canfor, area First Nations receive federal forestry funding

The Prince George Citizen
March 23, 2025
Category: Forestry
Region: Canada, Canada West

A Canfor operation in Prince George and three area First Nations have received federal funding to boost innovation in forestry. The $293,500 in local funding is part of more than $20 million the Canadian government is investing in 67 projects province-wide. The funds are part of a broader effort to enhance the competitiveness and resiliency of Canada’s forest industry, which has faced increasing trade barriers, particularly from the US. Among the recipients is Canadian Forest Products, or Canfor, which will receive up to $121,500 for a project aimed at producing innovative, formaldehyde-free and isocyanate-free wood adhesives. The company will explore extracting kraft lignin from black liquor at its Northwood mill in Prince George, converting it into a new, sustainable bioproduct. The project aims to determine the commercial viability of this process, which could open up new revenue streams and reduce reliance on harmful chemicals.

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Trump’s logging orders: A win-win or recipe for continued conflict?

By Ted Sickinger
The Chronicle
March 24, 2025
Category: Forestry
Region: United States, US West

President Trump signed two executive orders aimed at ramping up logging on federal lands. The directives prompted polar and predictable reactions from timber industry advocates and environmental groups in the Pacific Northwest. The former have been advocating for more aggressive “management” of federal forests for decades to increase log supplies for local mills and combat increasing wildfire risks. The latter say the orders will prioritize commercial logging over all other uses of public lands and will inevitably result in protracted litigation. …Somewhere in the middle, however, is a group of organizations who say the executive orders could provide an opportunity to go much bigger on necessary forest restoration projects. But, ironically, they say the potential to make that happen likely will be significantly undermined by Trump’s separate push to slash the federal workforce that would oversee the work.

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Controversial timber sale near Roseburg is the target of protests and lawsuits

By Roman Battaglia
Jefferson Public Radio
March 24, 2025
Category: Forestry
Region: United States, US West

OREGON — A timber sale near Roseburg and an accompanying protest have been pushed back to April 22, or Earth Day. The protest against the Yellow Panther timber sale was originally set for Tuesday, March 25, but the auction was postponed till late April. This timber sale is part of the Blue and Gold project, a controversial timber harvest plan by the federal Bureau of Land Management approved last year. Madeline Cowen from the environmental non-profit Cascadia Wildlands said this timber harvest was pushed through during the Biden Administration. …She said that this project is particularly important because of how much logging is planned for old-growth forests. …Cowen’s group filed a lawsuit against the BLM regarding this project, and just last month, the BLM agreed to notify the conservation group 30 days in advance of any logging on future projects before a court hearing set for the fall.

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Logging on: How Trump’s executive order to expand timber production affects Montana

By Robert Chaney
The Bozeman Daily Chronicle
March 19, 2025
Category: Forestry
Region: United States, US West

President Donald Trump’s March 1 executive order calling for “immediate expansion of American timber production” generated lots of enthusiasm in the Northwest wood products world. But analysts added equal amounts of concern that Trump’s Department of Government Efficiency-driven federal cuts might keep the woods quiet. “It’s going to be a good thing in terms of helping stimulate activity on national forests,” the University of Montana’s Todd Morgan said… but also recognizes the uncertainty spiraling around Washington, D.C. “A lot is going to depend on who’s left in federal agencies at the end of the day, the week, the next four years,” he said. “All this funding- and budget-cutting is going to interfere with the stated goals.” …Trump’s order also calls for timber production targets. That’s something that has been missing from federal land management for a long time, according to Montana Wood Products Association Director Julia Altemus.

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Georgia jury orders Monsanto parent to pay nearly $2.1 billion in Roundup weedkiller lawsuit

By Wyatte Grantham-Philips
The Associated Press
March 23, 2025
Category: Forestry
Region: United States, US East

NEW YORK — A jury in Georgia has ordered Monsanto parent Bayer to pay nearly $2.1 billion in damages to a man who says the company’s Roundup weed killer caused his cancer. The verdict marks the latest in a long-running series of court battles Monsanto has faced over its Roundup herbicide. The agrochemical giant says it will appeal the verdict. The penalties awarded include $65 million in compensatory damages and $2 billion in punitive damages. That marks one of the largest legal settlements reached in a Roundup-related case to date. …Germany-based Bayer, which acquired Monsanto in 2018, has continued to dispute claims that Roundup causes cancer. But the company has been hit with more than 177,000 lawsuits involving the weedkiller and set aside $16 billion to settle cases. Monsanto said Friday’s verdict “conflicts with the overwhelming weight of scientific evidence and the consensus of regulatory bodies and their scientific assessments worldwide.” 

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Health & Safety

Odour control failure at Kamloops mill responsible for wafting smell

By Michael Potestio
Castanet
March 25, 2025
Category: Health & Safety
Region: Canada, Canada West

Apologies are in order if anyone blamed it on the dog. The Kruger pulp mill on Mission Flats Road says it is responsible for what some might have noticed was a stronger than usual odour in the air in Kamloops late Friday afternoon. According to Kruger spokesperson Paule Veilleux-Turcotte, the smell was the result of a failure in the mill’s odour control equipment. “The plant halted its operations to repair the equipment, but, despite shutting down, some residual levels of the gases would still have been noticeable within the community,” Veilleux-Turcotte said in an email to Castanet Kamloops. “Despite the equipment issues, operations remained in compliance with the site permit for the duration of the event.” Veilleux-Turcotte said the issue was fixed by about 10 p.m. on Friday night, and, upon confirmation of the repairs, the mill resumed operations. [END]

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Forest Fires

Oregon deploys more than 2 dozen firefighters to battle North Carolina wildfires

By Isabel Funk
The Register-Guard
March 24, 2025
Category: Forest Fires
Region: United States

Oregon firefighters arrived Sunday in North Carolina to assist in fighting wildfires that have burned thousands of acres in the western part of the state. The Oregon Department of Forestry sent 26 firefighters and two agency representatives for a two-week rotation in North Carolina. Many of the Oregon firefighters were assigned to the Black Cove Fire. The fire was first reported March 19. The Black Cove Fire in North Carolina’s Polk County has forced evacuations and is one of the largest in the western part of the state. Along with the Deep Woods Fire, burning in the Green River Gorge, a combined 4,621 acres were burning with 0% containment as of Sunday evening, according to the North Carolina Forest Service. …The firefighters were sent under a mutual assistance agreement between Oregon and North Carolina.

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Wildfires prompt evacuation in the Carolinas as New Jersey crews battle their own blaze

The Associated Press
March 23, 2025
Category: Forest Fires
Region: United States, US East

Wildfires forced a mandatory evacuation Sunday in a North Carolina county still recovering from Hurricane Helene, and South Carolina’s governor declared an emergency in response to a growing wildfire in that state. Hundreds of miles north, the New Jersey Forest Fire Service was battling a blaze in the Wharton State Forest. The North Carolina Department of Public Safety announced a mandatory evacuation starting at 8:20 p.m. Saturday for parts of Polk County in western North Carolina about 80 miles west of Charlotte. A shelter had been established in Columbus, North Carolina. …Also this weekend, the New Jersey Forest Fire Service has been battling a wildfire that broke out in the Wharton State Forest on Saturday. The fire had consumed about 2.7 square miles as of early Sunday morning and was about 50% contained, according to an 8 a.m. update.

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