Blog Archives

Special Feature

Carney says trade deal became untenable when U.S. ‘asked too much and offered too little’

By Peter Zimonjic
CBC News
August 22, 2026
Category: Special Feature
Region: Canada, United States

Mark Carney

Prime Minister Carney told his negotiators to walk away from the table after the Trump administration introduced late unacceptable demands on culture, autos and sovereignty that, when taken in concert with their overall approach to talks, revealed the US was not interested in a “true economic partnership” with Canada. In a departure from his usual diplomatic language, Carney suggested the US sometimes signs trade deals in “pencil,” and while Canada’s government is united and working together, the same is not true of the Trump administration. “We cannot accept what they’ve offered, and we will not give what they’ve asked,” Carney said. The prime minister revealed that the US had issues with Canada’s subsidies for French culture; the prevalence of French-language media online and even the requirement to have bilingual labels on products sold in Canada. …”The U.S. introduced, in the last hours, efforts to restrict our ability to have other trade deals,” Carney said. 

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Opinion / EdiTOADial

Moving Forward with Urgency to Sustain and Grow Canada’s Forest Sector

By Derek Nighbor, CEO, Forest Products Association of Canada
The Hill Times
August 24, 2026
Category: Opinion / EdiTOADial
Region: Canada

Derek Nighbor

Despite the challenges abound, Canada has every reason to remain ambitious about the future of its forest sector. We have a renewable resource, skilled workers, world-class forestry expertise, established manufacturing capacity, and deep roots in communities across the country. Forestry is one of Canada’s natural advantages and a longstanding economic pillar, supporting jobs, exports, Indigenous economic participation, and regional economies from coast to coast. There is broad political agreement on the sector’s importance. …Canada’s forest products sector is navigating a difficult period. Trade disputes continue, markets are shifting, and operating costs are rising. Those pressures are compounded by made-in-Canada barriers: overlapping rules, slow decisions, uncertain access to usable wood, and transportation costs that make it harder for Canadian producers to compete.

The Forest Sector Transformation Task Force has brought these challenges into sharper focus. Its report makes clear that transformation will require more than isolated programs or one-off projects. It calls for stable access to cost-competitive fibre, modernization at scale, stronger trade infrastructure and market access, and coordinated action to support workers and communities. Taken together, those recommendations reinforce a basic point: retooling mills, developing new products, and reaching new markets depend on predictable operating conditions from the forest floor through to the customer. The playbook is on the table. …By the end of this year, the federal government should be able to point to legislative and regulatory work underway, clearer federal-provincial coordination, more predictable timelines, practical steps to reduce duplication, and meaningful action on the cost and reliability of moving goods. …Now we need to move forward with urgency.

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Elevated mortgage rates will continue to drag on US new home construction

By Kevin Mason, Managing Director
ERA Forest Products Research
August 17, 2026
Category: Opinion / EdiTOADial
Region: Canada, United States, International

Kevin Mason

Although both US housing starts and sales data are showing some resilience in the face of an extremely difficult and volatile macroeconomic backdrop, several alarm bells are beginning to ring for the U.S. housing market. Mortgage rates, which have moved steadily higher over the past six months, are certainly cause for concern. …At the beginning of the year most pundits, including ourselves, expected some modest near-term rate relief; we are seeing the exact opposite unfold. With the conflict in the Middle East still far from resolved, we anticipate that elevated oil/energy prices will result in continued inflationary pressures through year-end (at least) and elevated mortgage rates will continue to drag on both new home construction and home sales activity (the latter which negatively impacts wood products demand from repair and remodel). 

According to the CME’s FedWatch tool, it’s a coin toss whether or not the Fed hikes by 25bps when it meets in mid-September, and the CME indicates an almost 38% probability that the funds rates will be 50bps higher by year end. And unsurprisingly, homebuilder confidence continues to worsen, and the NAHB/Wells Fargo HMI slipped by another 2 points to 34 in July. The NAHB’s Multifamily Production Index (MPI) which measures builder sentiment in the apartment and condo market, was off by 3 points. 

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Business & Politics

Canada is no U.S. ‘subsidiary,’ Carney says, urging world to take lesson

By Uday Rana
Global News
August 24, 2026
Category: Business & Politics
Region: Canada

Canada will “of course” come to the negotiating table again, but not to be treated like a “subsidiary” of the US, Prime Minister Carney said after US President Trump imposed 50% tariffs and threatened more. “An attitude at the negotiation table that Canada is a subsidiary of the US…  that’s not something we’re going to accept,” Carney said. …“There is a mutually beneficial deal possible here, but it has to be one that respects Canada’s sovereignty, that respects our independence, that uses our complementary strengths to build something better,” Carney added. …Trump on Monday said, “Someone should get these clowns to “fall in line” or, the consequences for Canada will be far WORSE!” …Canada’s forestry sector groups welcomed the federal government’s decision to extend support for businesses affected by Trump’s new tariffs. …The new tariffs could take off between 0.3 to 0.5 per cent off Canada’s GDP, said Deloitte’s Dawn Desjardins. 

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Concerns increase as Port Alberni’s largest employer faces U.S. tariffs

By Dean Stoltz
Chek News
August 24, 2026
Category: Business & Politics
Region: Canada

The Domtar paper mill on the Port Alberni waterfront is the area’s biggest employer, with 350 people making specialized food packaging and food-grade papers. But in the light of a new round of 50% tariffs levied by US President Trump, Port Alberni Mayor Sharie Minions is worried about the future of those jobs. …In 2020, Domtar spent $13 million to switch production primarily to the food packaging grade paper, an important diversification at the time, but it’s unclear how much of it goes to the U.S. and would be subject to the new tariffs. …Industry analyst David Elstone says the entire BC forestry sector will be hit hard and it comes right after Domtar closed other mills, including at Crofton and Howe Sound. …”A billion dollars worth of BC wood products will now be subject to the new tariffs, including plywood, veneer, paper and packaging products, furniture, MDF and doors. And that’s what these tariffs go after: these value-added products,” said Elstone. 

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Trump hits back at Carney, threatens to hike auto, truck, metals tariffs to 50%

By Steve Kopack
NBC News
August 24, 2026
Category: Business & Politics
Region: Canada

President Trump on Monday hit back at Canadian Prime Minister Carney, who on Friday had announced he would retaliate against any new US tariffs on Canadian goods. Writing on Truth Social, Trump threatened to hit imported cars, trucks, automobile parts and steel with 50% tariffs starting January 1, 2027. “Canada has been ripping off the US for years,” Trump wrote. “On Trade, and in other ways, also, they are among the worst Nations in the World to deal with.” Canada ranks as the third highest source of US imports. In 2025, more than $380 billion worth of goods were brought over the border. Monday’s announcement follows a wave of new tariffs that already hit Canada early Saturday morning after weeks-long negotiations between the Washington and Ottawa broke down. Carney pulled Canadian negotiators out of those talks late Friday after he said the US “proposed new terms that were uneconomic” and “unfair.”

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The Dumbest Trade War Revisited

By the Editorial Board
The Wall Street Journal
August 23, 2026
Category: Business & Politics
Region: Canada, United States

President Trump took exception last year when we called his tariffs against Canada and Mexico the dumbest trade war in history. It got dumber this weekend as Mr. Trump escalated with another round of border taxes on Canadian imports, a mere 10 weeks before midterm elections. …Mr. Trump’s threatened tariffs took effect Saturday morning. Canadian Prime Minister Mark Carney threatened to retaliate dollar-for-dollar starting Sept. 8. Both sides could still walk back from the ledge, though Mr. Trump’s escalation could make this harder for Mr. Carney politically since Canadians don’t like being bullied by Washington. …But Mr. Trump doesn’t want to update the deal. He wants to rewrite it unilaterally. … Republicans are already getting pounded on the campaign trail over his tariffs and inflation. One reason for Mr. Trump’s frigid approval rating is that voters believe Mr. Trump is waging blunderbuss wars without a strategy, and on trade they’re right. [to access the full story a WSJ subscription is required]

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Steelworkers back Canada holding the line on trade, call for a stronger response to protect Canadian jobs and industry

United Steelworkers
August 22, 2026
Category: Business & Politics
Region: Canada, United States

TORONTO – United Steelworkers union (USW) National Director Marty Warren issued the following statement on the suspension of Canada-U.S. trade negotiations and the imposition of new 50% U.S. tariffs on Canadian goods: “Canada was right to hold the line rather than accept a deal that did not adequately protect Canadian workers, jobs and communities. We have said throughout these negotiations that no deal is better than a bad deal. The terms being discussed – including significant tariffs and restrictive quotas on Canadian steel and barriers across other key sectors – raised serious concerns for Canadian workers and industries. The new needless 50% tariffs coming into force today will have real consequences for workers, businesses and communities on both sides of the border. We support the government’s commitment to respond dollar for dollar, but retaliation alone is not enough. Ottawa must move quickly to support affected workers and industries.

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US-Canada trade collapse puts American businesses with cross-border exposure in the crosshairs

By Josh Recamara
Insurance Business Magazine
August 24, 2026
Category: Business & Politics
Region: Canada, United States

US companies that export to Canada – steel producers, dairy operations, appliance manufacturers, agricultural equipment makers, electronics firms, and paper producers – are now looking at a confirmed 50% tariff landing on their Canadian sales starting September 8. For any US exporter that has extended credit terms to Canadian buyers, the tariff changes the buyer’s economics immediately. A Canadian importer that contracted to purchase US steel at pre-tariff prices now faces a 50% landed cost increase it did not price in. The credit risk on those receivables has moved. Trade credit insurance for US exporters selling into Canada is the most direct policy line affected. …The second direction is less immediately visible but affects a wider range of American businesses. US manufacturers that source Canadian lumber, metals, cement, dairy ingredients or paper as production inputs are now paying 50% more for those inputs effective immediately, with no exemption for USMCA-compliant goods under the Section 338 mechanism used to impose these tariffs.

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Derek Nighbor on what the forest industry needs to survive the difficult trade road ahead

CTV News
August 22, 2026
Category: Business & Politics
Region: Canada, United States

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A missed opportunity for Canada to partner with the United States, the fastest growing economy in the G7

By Jamieson Greer
United States Trade Representative
August 21, 2026
Category: Business & Politics
Region: Canada, United States

Jamieson Greer

Canada declined to finalize the trade deal under the terms agreed earlier this week. Despite the US offer to Canada to receive the best treatment of any major exporter to our market, new demands and walk backs of other commitments by Canada have upended the careful balance reached in the past days. In addition, Canada is continuing to maintain its prolonged retaliation against the US. …This week, the United States agreed to provide significant tariff reductions on steel, aluminum, autos, and lumber. The US offer was also forward looking, and included a historic economic and national security partnership to cooperate on export controls, combat transshipment, enhance digital trade, and align certain external tariffs. The offer would have led to supply chain coordination on aerospace, complementary actions to address unfair trade practices, critical minerals cooperation, increased enforcement against imports produced with forced labor. 

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Proposed Canada-U.S. trade deal would lock in 15% auto tariffs, sources say

By Adrian Morrow, Marieke Walsh & Bill Curry
The Globe and Mail
August 21, 2026
Category: Business & Politics
Region: Canada, United States

The prospective trade deal being negotiated in Washington this week would lower US President Trump’s tariffs on Canadian autos from 25% to 15% and preserve an existing exemption for the value of American content. …As Canada rushed to finalize the pact, Prime Minister Carney’s concessions drew criticism. …Six sources familiar with the negotiations said both auto and forestry tariffs, imposed by Mr. Trump last year using Section 232, had been major sticking points. …With forestry, Canada had asked for relief from the Section 232 sectoral portion of tariffs on lumber and wood products, while the US wanted the sector excluded entirely from the deal. …Given forestry’s importance to his province and his outspokenness, along with Mr. Kinew and Mr. Ford, about the importance of the alcohol ban, Mr. Eby’s cooperation will be crucial if Mr. Carney hopes to fulfill that U.S. demand. [to access the full story a Globe & Mail subscription is required]

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Premier Eby’s silence on U.S. booze ban could concern lumber file, says analyst

By Graeme Wood
Business in Vancouver
August 20, 2026
Category: Business & Politics
Region: Canada, United States

David Eby

On yet another US tariff deadline day, BC Premier David Eby said Wednesday he “stands with Team Canada” although he provided no indication he will comply with a reported request from Prime Minister Mark Carney to lift the province’s ban on US alcohol imports. …This week’s silence on the US booze ban could indicate trade negotiations between Ottawa and Washington with respect to BC’s key industry—softwood lumber and wood products—have not reached satisfactory levels for Eby, said Werner Antweiler, UBC associate professor. …“I don’t expect much movement on the softwood lumber file. That’s what I read from Mr. Eby’s statements,” said Antweiler. …Kim Haakstad, CEO of the BC Council of Forest Industries said her group has received no information from the federal or provincial governments. …“I don’t want to read between the lines when we don’t have enough information. We’ve seen some posturing from other premiers.

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Canada, U.S. ‘very close’ to finalizing tariff deal as deadline approaches: trade minister

By Devika Desai
CTV News
August 20, 2026
Category: Business & Politics
Region: Canada, United States

Canadian trade representatives have arrived in Washington for more talks amid a tentative trade deal with the US. …Canada and the US now have until Saturday to reach a deal. …Multiple sources say there are reductions in sectoral tariffs, such as steel and aluminum, as part of the agreement with the US, but none of the sources knew the scope of those reductions. …It’s still unclear how softwood lumber will be treated in ongoing trade negotiations, according to an industry expert. But Derek Nighbor, CEO of Forest Products Association of Canada says that he’s “optimistic.” …Ideally, Sections 338 and 232 which impact the industry would be eliminated, he said. “If we can see those tariffs go away and if we can get a commitment to see Canada and the US get back to the table to negotiate an agreement on softwood, I think that would be a pretty good outcome,” he said.

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Canadian premiers weigh in on tentative trade deal as negotiations continue

By Kady O’Malley
iPolitics.ca
August 20, 2026
Category: Business & Politics
Region: Canada, United States

Dominic LeBlanc

As the clock ticks down to the new deadline for Canadian and American trade negotiators to come up with deal that would allow Canada to dodge the sweeping new 50% tariffs – Trade Minister Dominic LeBlanc has acknowledged that there’s “more work to do” following a meeting with provincial and territorial premiers. …“The prime minister updated the premiers on where we were in terms of our discussions,” LeBlanc noted. “We have more work to do.” …Carney “underscored the importance of a strong Team Canada approach. …Nova Scotia Premier Tim Houston said that Carney “asked premiers to return US alcohol to shelves,” and framed it as a “a specific ask from the prime minister that ‘came directly out of the negotiating table.” …Quebec Premier Christine Fréchette stated that the negotiations “are far from over.” …BC Premier David Eby said “given these latest developments, we are hopeful about the possibility of an agreement.”

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Carney asks premiers to restock U.S. alcohol, end procurement bans as tariff talks continue

By Mark Rendell, Marieke Walsh & Adrian Morrow
The Globe and Mail
August 19, 2026
Category: Business & Politics
Region: Canada, United States

Prime Minister Carney has asked premiers to restock American alcohol and end procurement policies that exclude US companies, as Canadian and U.S. negotiators continue to haggle over the level of tariffs that will remain in place on key industries. U.S. President Trump announced on Tuesday that he had reached a tentative trade deal with Ottawa and postponed the implementation of punishing new tariffs on Canadian goods for three days. …But on Wednesday, negotiators were still bargaining over the level of tariff relief key Canadian industries would receive as part of a trade deal, according to premiers Scott Moe of Saskatchewan and Tim Houston of Nova Scotia, who were briefed on the talks by Mr. Carney Wednesday afternoon. …Getting the U.S. to lower these tariffs on steel, aluminum, automobiles and forest products has been the central Canadian trade goal over the past year. [to access the full story a Globe and Mail subscription is required]

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Trump says U.S. and Canada reached deal to delay 50% U.S. tariffs on Canadian imports for 3 days

The Associated Press in National Public Radio
August 19, 2026
Category: Business & Politics
Region: Canada, United States

WASHINGTON — President Trump said Tuesday he was delaying the 50% U.S. tariffs on $20 billion worth of Canadian imports after the two countries reached a last-minute deal less than two hours before the sanctions were to go into effect. The announcement, which Trump made on his social media platform, buys time for more negotiations and avoids, for now, another strain in already tense relations between the historic allies. “I have paused the 50% Tariffs for a three day period, based on the fact that Canada and the U.S.A., subject to the finalization of documents, have a DEAL!” Trump posted. …A White House proclamation said Canada had expressed a commitment to remove measures the Trump administration considers discriminatory against U.S. alcohol, dairy and motor vehicle exports. Canada did not immediately confirm those commitments. Prime Minister Carney said “substantial progress” had been made but that important work remained.

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B.C. plywood manufacturer says it cannot absorb 50% tariff cost as deadline looms

By Ben O’Hara-Byrne & Amy Judd
Global News
August 17, 2026
Category: Business & Politics
Region: Canada, United States

A Richmond plywood manufacturer is concerned about what Wednesday is going to bring for his business. Canada-US Trade Minister Dominic LeBlanc met with US Trade Representative Jamieson Greer and US Commerce Secretary Howard Lutnick as officials race against the clock to secure a new trade deal before new 50% tariffs take effect Wednesday. …“A 50 per cent tariff is not a margin we can absorb, nor is it something US customers will be willing to pay,” Bhavjit Thandi, CFO of Richmond Plywood, said. …So far, the BC premier is reluctant to make any concessions such as returning US alcohol to BC shelves without tariff relief for key industries such as forestry. But the Americans have not been interested in discussing softwood lumber. “The softwood lumber sector is bigger than auto parts and steel combined in terms of the Canadian economy and it needs to be front and centre at the table,” Eby said on Friday.

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U.S., Canada try to bridge gaps over potential autos tariff cuts, Reuters sources say

By Paul Wiseman and Rob Gillies
The Associated Press
August 18, 2026
Category: Business & Politics
Region: Canada, United States

WASHINGTON — The US and Canada are negotiating in an effort to reach a truce on tariffs before a 12:01 a.m. Wednesday deadline set by US President Donald Trump. If no deal is reached, Trump has threatened to impose 50% tariffs on $20 billion worth of Canadian products. ″We are negotiating,” Canadian Prime Minister Mark Carney told reporters. …The two countries have wrangled for decades over trade, poking each other over sore spots like Canadian softwood lumber imports and US access to Canada’s protected dairy market. …Trump’s belligerent approach to dealing with Canada marks an extraordinary departure from the traditionally cooperative relationship between the two countries.  … Nearly 72% of Canadian goods exports last year went to the United States. And the Trump administration might be wary of imposing a hefty new tariff — paid by US importers who try to pass along the cost to consumers via higher prices — ahead of November’s midterm elections. 

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Lumber, auto tariffs remain sticking points as negotiations with U.S. enter final stretch

By Narieke Walsh and Adrian Moore
The Globe and Mail
August 16, 2026
Category: Business & Politics
Region: Canada, United States

Canada-U.S. trade talks are down to the wire this week as Ottawa tries to avert punitive new tariffs scheduled to be imposed by the Trump administration on Wednesday. …Five sources briefed on the discussions said Section 232 tariffs on autos and lumber remained the biggest points of contention. …On forestry, the US does not want to offer any reduction of Section 232 tariffs on the sector. Instead, the US has argued that Canada should wait for the results of a separate review by the US Department of Commerce that is expected to reduce a different set of tariffs on softwood lumber. …A different source said the best Canada could hope for is an agreement from the U.S. to discuss forestry tariffs further. BC’s forestry industry has been hit hard by the Trump policies because the Section 232 tariffs on lumber stack on top of pre-existing countervailing and anti-dumping tariffs. The B.C. Lumber Trade Council’s interim president, Kim Haakstad, said Sunday she is concerned that if the 232 tariffs stay in place, more mills could close. [to access the full story a Glove & Mail subscription is required]

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B.C. businesses hope Carney counter-tariffs can provide new opportunities for them

By Derrick Penner
The Vancouver Sun
August 24, 2026
Category: Business & Politics
Region: Canada, Canada West

Hundreds of stunned B.C. businesses are scrambling. …Doug Pauze, president of Coastland Wood Industries woke up Saturday to an escalating trade war with a 50% tariff target on the wood veneer that Coastland produces. With about 50% of its product typically exported to the US… that means scaling back production. For now, he’ll will avoid layoffs among his 320 employees. What the industry needs from counter-tariffs, he added, is for Canada to put an equal focus on the same amount of competing wood products coming into Canada, because “there (are) no other market options.” …Prime Minister Carney has vowed to levy counter-tariffs on US imports. BC business owner Baha Naemi hopes his government focuses on markets where Canadians can fill any voids the counter-tariffs create. Naemi’s company, CanCorr, makes corrugated cardboard and boxes in Surrey. …BC imports more corrugated paper products from the US than it exports, creating opportunities for Canadian producers hit by tariffs.

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Ken Kalesnikoff says forestry in Canada is in free fall and mostly for domestic reasons

By Stuart McNish
Conversations That Matter in the Vancouver Sun
August 21, 2026
Category: Business & Politics
Region: Canada, Canada West

Ken Kalesnikoff

“Canada’s forest sector is at an inflection point,” the Canadian forest sector transformation task force says. “Despite stewarding nearly nine per cent of the world’s forests and delivering over 199,000 direct jobs in 300 forest-reliant communities, and $23.5 billion in GDP, the sector is no longer globally competitive nor an attractive destination for large-scale investment,” the group warns. “Over the past two decades, Canada has experienced declining production, capital flight, prolonged mill closures, and weakened investor and workforce confidence — trends not observed in peer forest nations such as Finland. The report acknowledges that sustained U.S. softwood lumber duties, global market shifts, insect outbreaks, and wildfires have exacerbated industry challenges. However, the task force’s conclusion is unequivocal. “The most significant barriers to competitiveness are homegrown. Absent immediate, co-ordinated, and decisive action, the forest sector faces an existential risk.” [See 23 min video here]

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Forestry giant behind idled B.C. mill received millions in government funding

By Simon Little and Alanna Kelly
CBC News
August 21, 2026
Category: Business & Politics
Region: Canada, Canada West

A day after Canada’s largest forestry company announced plans to stop work at a pulp and paper mill on BC’s Sunshine Coast, community members say they are still reeling. …”The reaction here has been shock all throughout the community, that’s all up and down the Sunshine Coast, and there’s a lot of uneasiness as well,” said Gibsons Mayor Silas White. …The mill’s owner, Domtar said the mill’s equipment would be kept in a state that allows it to be restarted, but declined further comment. …A Greenpeace report found Domtar and its subsidiaries received at least $200 million in provincial and federal funding across the country between 2020 and 2024. …”We have provided a considerable amount of support to Domtar in its facilities over the last number of years,” BC Forests Minister Ravi Parmar said. “The commitment that I’m looking for from Domtar is to maintain their operations in BC and to make investments.”

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BC Forest Minister, TLA, COFI and Unifor statements on Domtar pulp mill curtailment

BC Ministry of Forests
August 20, 2026
Category: Business & Politics
Region: Canada, Canada West

Ravi Parmar

“This is an immensely difficult day for the Sunshine Coast. These are not just jobs, these are livelihoods that have supported families and communities for generations…. “We have been engaging with the company to better understand the full scope of the challenges it is facing. We are prepared to work through the cross-government working group to identify practical, long-term solutions. This work will be most effective with Domtar in the process and a shared focus on maintaining a strong presence in BC. “BC’s pulp sector is feeling the effects of a seismic shift in the global pulp market. We are currently approaching the lowest pulp prices in 100 years. …We will be reaching out to the Sunshine Coast community immediately… to ensure people get the support they need. 

Truck Loggers Association: The TLA is, once again, deeply disappointed by today’s announcement. …This latest announcement follows other recent mill closures and reinforces the serious challenges facing BC’s forest sector. The consequences extend well beyond the mills, affecting workers, independent logging and forestry contractors, local businesses and communities throughout the coastal supply chain. With the indefinite curtailment of yet another BC pulp mill, the viability and stability of the entire coastal forest sector is increasingly at risk. …The TLA continues to call on all government to take decisive action to improve access to economically viable fibre, address BC’s high-cost operating environment and create the conditions needed to sustain forestry jobs, contractors and rural communities. 

Council of Forest Industries: BC’s forest sector is facing extraordinary pressures. In particular, the pulp sector has been hit with reduced demand from Asia, sustained weak global prices, and increasing costs and constraints on local wood supply. While we cannot control market cycles or trade disputes, we can improve the conditions for forestry here at home. That starts with a focus on competitiveness. BC needs more predictable and economic access to wood supply and a regulatory and cost environment that keeps mills operating and attracts investment. …Industry stands ready to work with government to reverse the trend of closures and curtailments in the pulp sector. Improving the conditions within our control will help make BC forestry more resilient, protect jobs and communities, and better position the sector to withstand changing global markets.”

Unifor: The curtailment of operations at Domtar’s Howe Sound pulp and paper mill is more evidence of a deepening forestry sector crisis and demands immediate action from the B.C. and federal government, says Unifor. “Collapse of the forestry industry in the west, a core pillar of the economy, is just around the corner if governments don’t act now,” said Unifor National President Lana Payne. “Unifor is disappointed with Domtar’s announcement but this doesn’t have to be the end. We are totally committed to working with the company and governments to find a solution.”

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Domtar to indefinitely idle pulp mill in Howe Sound, British Columbia

Domtar Corporation
August 20, 2026
Category: Business & Politics
Region: Canada, Canada West

PORT MELLON, BC — Domtar announced the indefinite idling of its affiliates’ operations at both the Howe Sound mill and Bayview Fibre chipping facility in Port Mellon, British Columbia.  The decision will remove approximately 380,000 metric tons of northern bleached softwood kraft (NBSK) pulp from the market annually. The announcement will affect approximately 400 employees.  “Despite capital investment of nearly CAD$500 million since the mill was purchased in 2010, and the construction of the Bayview Fibre facility, the business cannot overcome reduced demand from Asia, unprecedented and sustained poor pricing for pulp globally, and a decline in affordable domestic fiber,” said Luc Thériault, Domtar’s President – Canada and CEO, Pulp and Wood Products. …The business will monitor market conditions, domestic fiber availability and the overall business environment, and will evaluate future opportunities if conditions improve,” stated Thériault.

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Tariff deal on the horizon, but outlook still uncertain for B.C. forestry

By Mark Page
The News
August 19, 2026
Category: Business & Politics
Region: Canada, Canada West

A light at the end of the tunnel is beginning to appear with both Prime Minister Carney and US President Trump signalling a trade deal is in the works. …It is unclear at this stage whether the terms will alleviate the layers of duties and tariffs facing BC’s softwood lumber sector. Some of these levies were introduced by Trump and are known as Section 232 tariffs, referring to the section of the U.S. Trade Expansion Act relied on to impose them. Others are duties that predate Trump’s election and are part of a long-standing market fairness dispute between the countries. “Although the pause is a positive step, the implications for Canada’s forest sector are not yet clear,” said Kim Haakstad, on behalf of the BC Council of Forest Industries and the BC Lumber Trade Council. “Key issues, including the Section 232 tariff on lumber and the softwood lumber dispute, remain central to these discussions.”

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Council asks labour minister to reinstate retirement program for mill workers

By Colin Stark
The Prince George Citizen
August 17, 2026
Category: Business & Politics
Region: Canada, Canada West

Prince George city council voted in favour of sending a letter to provincial Labour Minister Jennifer Whiteside at its Monday, Aug. 17 meeting to reinstate a program helping workers near retirement in the wake of the impending closure of the Northwood Pulp Mill. At the Monday, Aug. 10 meeting of the city’s Standing Committee, members discussed the imminent closure of the mill. During that committee meeting, the city’s manager of economic development, Deklan Corstanje, said that the last time a mill closed, workers were able to access a provincial program called Bridging to Retirement. Before the program stopped accepting applications on Feb. 26, 2025, it provided forestry worked aged 55 and older with funding to help facilitate an early retirement. …The committee ultimately passed a motion recommending that council approve Mayor Simon Yu sending a letter to Whiteside asking for the program’s restoration.

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Alberta grants funds to support Alberta Newsprint Company Whitecourt expansion

By Brad Quarin
The Whitecourt Star
August 13, 2026
Category: Business & Politics
Region: Canada, Canada West

WHITECOURT, Alberta — The provincial government is investing in an expansion of the Alberta Newsprint Company (ANC) in Whitecourt, Alberta Jobs, Economy, Trade and Immigration stated on Aug. 13. According to the ministry, more than $1.5 million from the province’s investment and growth fund will go into the project, estimated at nearly $50 million. “This investment supports Alberta Newsprint Company’s continued modernization and helps position our Whitecourt facility for long-term competitiveness,” Mike Putzke, ANC general manager, said. …According to the ministry, the expansion to the ANC Whitecourt facility will allow it to produce various grades of paper, creating 13 permanent, full-time jobs. Additionally, 25 temporary construction jobs will be created, Alberta Jobs, Economy, Trade and Immigration stated. “I know firsthand the important role this paper mill plays in Whitecourt and Alberta’s forestry sector,” Martin Long, MLA for West Yellowhead and Whitecourt, said.

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What Ontario’s forestry collapse can teach us about protecting the auto industry before it is too late

By Justin Frape
The Net News Ledger
August 23, 2026
Category: Business & Politics
Region: Canada, Canada East

For nearly twenty-five years, I have lived in Northern Ontario… and watched one of the province’s foundational industries contract around us. The decline of forestry, and particularly of pulp and paper. …Today, watching the escalating trade conflict between Canada and the US and the extraordinary pressure being placed on Ontario’s automobile industry, I find myself wondering whether there is anything useful in that experience for Southern Ontario. …Act earlier. Distinguish a temporary shock from structural decline. Reduce real cost disadvantages where they exist. Use public money to secure future products and future capital rather than merely extending yesterday’s production. Protect suppliers, tooling, engineering and skilled labour, not simply the assembly building. Treat the loss of the next product mandate as seriously as the loss of the current shift. Northern Ontario learned these lessons at considerable cost. Southern Ontario now has the opportunity to use them.

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Canada-U.S. trade war: the hard questions it demands of us as Nova Scotians

By Aaron Beswick
The Chronicle Herald
August 24, 2026
Category: Business & Politics
Region: Canada, Canada East

“One of the hazards of free trade with the United States is the risk of what we’re witnessing now, that the United States could use its economic levers and turn on us as this behemouth next door that has become hostile without us having the time or opportunity to pivot,” said Tom Urbaniak, a professor at Cape Breton University….Where does Nova Scotia stand? “I don’t know,” Stephen Cole answered when asked whether the new tariffs will affect the province’s lumber and paper industries. …Sawmill owners had the same answer. Nova Scotia softwood exports south of the border have been protected under the CUSMA. “We have mostly private wood (about 70% cut off private land), so our timber market here is deemed to be a competitive market,” explained Cole. …What the Nova Scotia forestry industry doesn’t know yet is whether that CUSMA exemption remains under the new tariffs.

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No return of U.S. booze without tariff relief on softwood lumber, says New Brunswick premier Susan Holt

By Erica Butler
CBC News
August 19, 2026
Category: Business & Politics
Region: Canada, Canada East, United States

Susan Holt

Premier Susan Holt says she won’t allow more American liquor on New Brunswick store shelves until the US lowers tariffs on softwood lumber and other products. U.S. President Donald Trump called for an end to booze bans in Canadian provinces. …But Holt said she wants to see tariffs imposed last year rolled back before she considers concessions. “You don’t get rewarded for threatening tariffs,” said Holt at a meet and greet at a Memramcook winery on Wednesday. …Prime Minister Mark Carney would not say what concessions are on the table in current negotiations. University of New Brunswick economist Herb Emery said, “Retaliating against U.S. trade barriers … may feel good in the short run, but it can cost you in the long run.” But Holt’s message Wednesday is clear: “We need to see tariff relief,” said the premier.

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Canadian Corrugated and Containerboard Association states tariff concerns in letter to Prime Minister Carney

By Serge Desgagnés, Executive Director
Canadian Corrugated and Containerboard Association
August 17, 2026
Category: Business & Politics
Region: Canada, Canada East

On behalf of the Canadian Corrugated and Containerboard Association (CCCA), the voice of Canada’s corrugated and containerboard industry (encompassing corrugator box plants, sheet feeder operations and containerboard mills from coast to coast), we are writing to call on the Government of Canada to continue to engage U.S. counterparts and specifically press for the removal of corrugated cartons, boxes, and cases from the proposed August 19 measures, and ensure Canadian producers, workers, and supply chains are protected from unilateral trade action. Canada should make clear that the corrugated and containerboard industry is deeply integrated across the border, and that tariffs would harm manufacturers, workers and customers on both sides of the corrugated and containerboard industry. …Disrupting corrugated trade may not only raise costs for manufacturers and exporters; it could also affect the recovered-fibre markets that help sustain Canada’s recycling infrastructure and broader sustainability goals.

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US International Trade Commission Votes on Hardwood and Decorative Plywood from China, Indonesia, and Vietnam

US International Trade Commission
August 19, 2026
Category: Business & Politics
Region: United States, International

The US International Trade Commission (USITC) announced its injury determinations in its antidumping and countervailing duty investigations concerning hardwood and decorative plywood from China, Indonesia, and Vietnam that the US Department of Commerce determined are subsidized and sold in the US at less than fair value and subsidized by the governments of China, Indonesia, and Vietnam. …Chairman Brett W. Doyle and Commissioners Jason S. Kearns and Peter-Anthony Pappas voted in the affirmative regarding hardwood and decorative plywood from China, Indonesia, and Vietnam. They also found that the imports of softwood structural plywood downfall and stamped and certified softwood structural plywood that Commerce determined are sold at less than fair value and subsidized… are negligible, and voted to terminate the antidumping and countervailing duty investigations for these products from China, Indonesia, and Vietnam. The report will be available on the USITC website by September 28, 2026.

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U.S. Industry Applauds President Trump Standing Up for U.S. Forestry Workers

By The US Lumber Coalition
PR Newswire
August 17, 2026
Category: Business & Politics
Region: United States

Canadian federal government officials and the Premiers of various Canadian provinces have it 100 percent wrong. The issue isn’t whether US trade policies are an attack on Canadian workers, or favoring non-Canadian imports. The real problem is that Canadian unfair trade practices for decades have been and continue to attack American workers and their forestry dependent communities, stated Zoltan van Heyningen, of the U.S. Lumber Coalition. The actual and ongoing solution is the strong enforcement of the U.S. trade laws by the Trump Administration that is allowing the U.S. industry to invest in its future growth towards America’s full self-sufficiency of domestically sourced lumber for the US. President Trump’s Section 232 tariffs on softwood lumber imports are an integral part of the success in growing the U.S. industry that has safeguarded and grown hundreds of thousands of US jobs, emphasized van Heyningen.

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US Endowment for Forestry and Communities Launches Forest Catalyst Network

By Pete Maddin, CEO
US Endowment for Forestry and Communities
August 11, 2026
Category: Business & Politics
Region: United States

Pete Madden

The U.S. Endowment for Forestry and Communities has launched the Forest Catalyst Network, a new collaborative initiative with the Richard King Mellon Foundation designed to accelerate market development and investment across the forest sector. Bringing together philanthropic organizations, family offices, investors, corporate partners and other stakeholders, the initiative will move promising ideas from early-stage development to commercial adoption. …The Network grew out of priorities identified during an October 2025 convening. Recommendations identified are captured in the Activating Private-sector Leadership for Economic Growth through Working Forests – A Roadmap, focus on expanding wood use, diversifying forest product markets and closing funding gaps across the value chain. The Roadmap and newly formed Network align with the recently released Markets Matter Action Plan priority to identify and mobilize capital. The Network will set deployment priorities and build needed market data to strengthen markets for residual fiber and small-diameter wood.

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Crews in Longview begin removing failed tank months after disaster

By Paul Roberts
The Seattle Times
August 17, 2026
Category: Business & Politics
Region: United States, US West

LONGVIEW, Washington — Work crews took the first steps Monday toward restarting the Longview paper mill that closed after a fatal chemical spill in May, even as questions about the accident and the mill’s future remain unanswered. Nippon Dynawave Packaging said crews have started dismantling the massive “white liquor” storage tank that collapsed May 26, killing 11. The company is also installing temporary tanks to hold the liquor that will eventually be “needed for operational restart” of the mill. Nippon Dynawave said it expects the tank work “to take a matter of weeks”. Company documents filed Monday indicate the temporary tanks could be in use for up three months. And state investigators say it may be late November before they release findings. Despite those uncertainties, the week’s activity was welcome news for the aging facility’s more than 500 workers. [to access the full story a Seattle Times subscription is required]

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Louisiana’s timber industry needs a new path

By Chuck Owen and Toni McCallister
The Louisiana
August 17, 2026
Category: Business & Politics
Region: United States, US East

From the Arkansas line, in all directions down through much of Louisiana, dipping even into Cajun country, you see trees. Everywhere. The depth and breadth of our pine and hardwood stands and forests are almost indiscernible. …For as long as most can remember, this industry was the heartbeat of rural Louisiana and stood as the backbone of our economy in Louisiana, producing lumber, paper, and dozens of other wood products that generated living wages and pockets of prosperity through nearly every parish. …Total industry output still registers in the billions, yet the practical reality on the ground is stagnation. Major paper mills that once absorbed millions of tons of fiber have closed. …Meanwhile, pulpwood prices sit near multi-decade lows. Our loggers wrestle with rising insurance and operating costs propelled by our judicial and litigious climate while landowners see returns on investment shrink. The giant that was our timber industry is still standing, but it is staggering.

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UFP Industries to expand structural packaging capacity in South Carolina

By UFP Industries, Inc.
PR Newswire
August 13, 2026
Category: Business & Politics
Region: United States, US East

GRAND RAPIDS, Michigan — UFP Industries announced plans to establish a new UFP Packaging manufacturing facility in Cherokee County, South Carolina, expanding its Structural Packaging capacity. The project is expected to create 136 new jobs over five years and represents an investment of approximately $5.31 million in real property, machinery and equipment. The facility will manufacture wood packaging products and strengthen UFP Packaging’s ability to serve industrial customers, especially those with highly-technical needs, across the Southeast and beyond. …Will Schwartz, CEO of UFP Industries said, “This investment gives us added capacity, expands our geographic reach and enhances our ability to deliver highly customized solutions that help customers solve difficult packaging and logistics challenges.”

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Canada launches investigations into the alleged dumping and subsidizing of paperboard cups and containers from China

By Canada Border Services Agency
PR Newswire
August 20, 2026
Category: Business & Politics
Region: International

OTTAWA, Ontario — The Canada Border Services Agency (CBSA) initiated investigations to determine whether paperboard cups and containers are being sold at unfair prices in Canada, subsidized, or both. The investigations focus on imports from producers operating in or exporting from China. …The CBSA’s investigations follow a complaint filed by Great Pacific Enterprises Ltd. The complainant alleges that as a result of an increase in the volume of the dumped and subsidized imports, they have suffered material injury. …The Canadian International Trade Tribunal (CITT) will begin a preliminary inquiry to determine whether the imports are harming Canadian producers and will issue a decision by October 16, 2026. Concurrently, the CBSA will investigate whether the imports are being sold in Canada at unfair prices, subsidized, or both, and will make preliminary decisions by November 16, 2026.

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Kemi mill shutdown affects Finland’s wood market

By Markku Bjorkman
PulpPaperNews.com
August 17, 2026
Category: Business & Politics
Region: International

A six-week production shutdown at Metsä Fibre’s large bioproduct mill in Kemi will temporarily reduce demand for pulpwood in northern Finland. At the same time, Stora Enso is considering closing the Veitsiluoto sawmill permanently. The announcements increase uncertainty for forest owners, logging contractors and transport companies, although they do not mean that the regional wood trade will come to a standstill. Metsä Fibre will suspend production at its Kemi bioproduct mill for six weeks during October and November 2026. The shutdown will allow the company to modernise the mill’s cooking system and will be coordinated with its regular annual maintenance outage. The unusually long stoppage is expected to reduce the mill’s immediate consumption of pulpwood. …The immediate consequences are likely to include softer demand and more complicated logistics during the autumn. This does not amount to a collapse of northern Finland’s wood market. 

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Finance & Economics

Trump’s tariffs on Canadian plywood and laminated wood panels just went into effect. What does it mean for the Architecture, Engineering and Construction industry?

By Daniel Jonas Roche
The Architect’s Newspaper
August 24, 2026
Category: Finance & Economics
Region: Canada, United States

“Tariffs on Canadian plywood will exacerbate the pressures already weighing on the entire construction sector, with the housing market poised to bear the heaviest burden,” AIA’s chief economist Richard Branch said. “For some time now,” Branch added, “a series of destabilizing factors has clouded the road ahead, making it difficult for developers and architecture firm leaders to plan future projects with confidence. When leaders in construction can’t make informed decisions, momentum stalls—and construction activity slows further.” …Thirty-six different types of plywood are impacted by Section 338 duties. The NAHB said the tariffs will increase housing costs and slow down construction. According to BC Wood, coniferous wood used for moldings, doors, floors, and more, particle board, medium-density fiberboard, and other products have been tariffed. …The Decorative Hardwood Association, Kitchen Cabinet Manufacturers Association, and Coalition for Fair Trade in Hardwood Plywood are in favour of the tariffs.

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Maine is known for it’s logging industry – but much of our lumber actually comes from Canada

WMTW-TV
August 18, 2026
Category: Finance & Economics
Region: Canada, United States

MAINE — Softwood lumber from Canada is already tarriffed at 45% — this round of tariff won’t impact softwood – but it will impact a range of other building supplies – cement, steel, aluminum, copper products – and a range of lumber products like plywood, fiberboard, and oriented strand board. “Right now the cheapest prices is out of Canada and a lot of this product comes out of Canada.” All of these are products that are known for their resilience – used in everything from custom cabinets to exterior siding. Hillside Lumber co-owner Mike Knight says the tariff increase could wind up causing increased demand for American lumber. “They can’t keep up with the demand if we cut off Canada altogether.” That in turn, could lead to higher prices for domestic products too. “Not that I’m against having everything here in the US but I think if the timing is off.” …The increase trickles down, ultimately hitting the home buyers.

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Canadian Housing Starts Down in July

Canadian Mortgage and Housing Corporation
August 18, 2026
Category: Finance & Economics
Region: Canada

OTTAWA — The six-month trend in housing starts was flat in July compared to June, with a slight decrease of 0.5% to 247,377 units, according to Canada Mortgage and Housing Corporation (CMHC). …Actual monthly housing starts were down 19% year-over-year in centres with a population of 10,000 or more, with 18,834 units recorded in July, compared to 23,155 units in July 2025. The year-to-date total was 131,851 units, down 4% from the same period in 2025. The total monthly SAAR of housing starts for all areas in Canada decreased 5% in July (229,074 units) compared to June (240,773 units). …”July’s results show that housing starts are continuing to moderate and new home construction in Canada is evolving as per CMHC’s recent Housing Market Outlook Summer Update. Although the pipeline of homes under construction remains substantial and completions are increasing, fewer new projects are being started in many markets, notably in Vancouver, Calgary and Toronto,” said Tania Bourassa-Ochoa, Deputy Chief Economist.

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The value of Canadian building permits roses 18.5% in June

Statistics Canada
August 13, 2026
Category: Finance & Economics
Region: Canada

In June, the total value of building permits issued in Canada rebounded by $2.3 billion (+18.5%) to reach $14.9 billion, more than offsetting the monthly declines recorded in April (-$536.7 million) and May (-$383.3 million). The growth in construction intentions in June was led by the non-residential sector (+$1.8 billion), while the residential sector (+$479.7 million) made a smaller contribution. …In June, residential construction intentions rose $479.7 million (+6.3%) to $8.1 billion. The increase was primarily attributable to the multi-unit component (+$283.7 million to $5.3 billion) and was supported by the single-family component (+$196.0 million to $2.8 billion).

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Conifex Timber reports Q2, 2026 net loss of $9.5M

Conifex Timber Inc.
August 14, 2026
Category: Finance & Economics
Region: Canada, Canada West

VANCOUVER, BC — Conifex Timber reported results for the second quarter ended June 30, 2026. EBITDA was negative $6.3 million for the quarter compared to EBITDA of negative $7.7 million in the first quarter of 2026 and negative EBITDA of $3.2 million in the second quarter of 2025. Net loss was $9.5 million or the quarter versus a net loss of $9.4 million in the previous quarter and a net loss of $8.3 million in the second quarter of 2025. …Revenues from lumber products were $19.0 million in the second quarter of 2026, representing an increase of 27% from the previous quarter and a decrease of 31% from the second quarter of 2025. … Electricity production contributed revenues of $2.8 million in the second quarter of 2026, $5.2 million in the previous quarter, and $3.6 million in the second quarter of 2025.

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US Housing Affordability Worsens on Higher Mortgage Rates

By Rose Quint
NAHB Eye on Housing
August 20, 2026
Category: Finance & Economics
Region: United States

After three consecutive quarters of modest improvement, housing affordability worsened in the second quarter as higher mortgage rates, rising construction costs and economic uncertainty weighed on the market, according to the latest data from the NAHB/Wells Fargo Cost of Housing Index (CHI). The CHI results from the second quarter of 2026 show that a family earning the nation’s median income of $106,800 needed 34% of its income to cover the mortgage payment on a median-priced new home. …The percentage of a family’s income needed to purchase a new home rose from 32% in the first quarter of 2026 to 34% in the second quarter, driven by a more than 30-basis point rise in the average mortgage rate and a 2% increase in the median price of a new home. 

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Flat Conditions for Custom Home Building

By Robert Dietz, Chief Economist
NAHB Eye on Housing
August 19, 2026
Category: Finance & Economics
Region: United States

With overall single-family construction down almost 7% for the first seven months of 2026, custom home building has been a relative bright spot for the residential construction industry. The custom building market is less sensitive to the interest rate cycle than other forms of home building but is more sensitive to changes in household wealth and stock prices. With spec home building down and the stock market up, custom building has expanded its market share in recent years. However, that expansion stalled somewhat during the second quarter. According to NAHB’s analysis of Census data… there were 49,000 total custom building starts during the second quarter of 2026. This was 9% lower than the second quarter of 2025, which itself set a three-year high for quarterly construction volume. For the last four quarters, custom single-family housing starts totaled 183,000 homes, effectively flat compared to the prior four quarter period (184,000).

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Affordability Pressures Keep US Builder Confidence Low

By Robert Dietz, Chief Economist
NAHB Eye on Housing
August 17, 2026
Category: Finance & Economics
Region: United States

US Builder sentiment remains muted from economic and geopolitical uncertainty, elevated mortgage rates and rising construction costs. Builder confidence in the market for newly built single-family homes inched up one point to 35 in August, according to the NAHB/Wells Fargo Housing Market Index (HMI). August marked the 16th straight month… with the HMI below 40. Custom home builders continue to report stronger market conditions than spec builders, reflecting better conditions at the higher end of the market. …Rising gas and diesel prices are pushing up material costs, and spec home building remains weak as many prospective buyers stay on the sidelines. …The index measuring current sales conditions increased two points to 39, while the indexes for future sales expectations and prospective buyer traffic held steady at 43 and 23, respectively.

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US Housing Starts Retreat on Market Headwinds

By Danushka Nanayakkara-Skillington
The National Association of Home Builders
August 18, 2026
Category: Finance & Economics
Region: United States

US housing starts fell in July as economic uncertainty, rising construction costs, labor shortages and elevated financing expenses continued to challenge builders. Overall housing starts decreased 12.4% in July to a seasonally adjusted annual rate of 1.24 million units, according to a report from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. …Within this overall number, single-family starts decreased 9.9% to an 808,000 seasonally adjusted annual rate and are down 15.7% compared to July 2025. The multifamily sector, which includes apartment buildings and condos, decreased 16.8% to an annualized 431,000 pace and are down 8.9% compared to July 2025. “Builders continue to face significant challenges from elevated construction costs and affordability pressures,” said Bill Owens, NAHB chairman. …“The July decline in housing starts reflects broader weakness in the housing market,” said NAHB’s assistant VP for forecasting and analysis. “Builders remain cautious as elevated mortgage rates, rising construction costs and economic uncertainty continue to limit demand. 

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US consumer sentiment fell about 8% in August

By Joanne Hsu, Survey of Consumers Director
The University of Michigan
August 15, 2026
Category: Finance & Economics
Region: United States

Consumer sentiment fell about 8% this August, ending two consecutive months of improvement. While views of personal finances saw only minor declines, expected business conditions sank 11% for the short run and 17% for the long run. Decreases in sentiment were seen across the political spectrum, with Republicans exhibiting the strongest month-to-month decline in August. Sentiment among Republicans is now 19% below readings just prior to the Iran conflict and the lowest since the 2024 election. Although the early-month weakening in sentiment was pervasive across various demographic groups, notably large reductions were seen among older consumers, lower-income consumers, and those without a college degree. These groups are all particularly vulnerable to any erosion of purchasing power stemming from inflation. Across all consumers, only 8% expect their income growth to exceed inflation in the year ahead, down from 18% in December 2024, a reflection of the belief that high prices will continue to be burdensome.

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Suzano reports Q2, 2026 net income of R$1.8B

By Suzano
Business Wire
August 12, 2026
Category: Finance & Economics
Region: International

SAO PAULO, Brazil — Suzano announced its results for the second quarter of 2026, reporting higher prices, stronger volumes and improvements in Adjusted EBITDA and operating cash generation compared to the previous quarter. Suzano sold 3.3 million tonnes of pulp and paper combined in 2Q26, comprising 2.9 million tonnes of pulp and 406 thousand tonnes of paper across the packaging, printing and writing, specialty and tissue segments. Net revenue totalled R$11.6 billion and adjusted EBITDA reached R$4.7 billion, both above the levels recorded in the previous quarter. Operating cash generation reached R$2.9 billion, while net income totalled R$1.8 billion in 2Q26.

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Wood, Paper & Green Building

Why FireSmart discounts still aren’t standardized, even as mandatory rules gain support

By Josh Recamara
Insurance Business Magazine
August 17, 2026
Category: Wood, Paper & Green Building
Region: Canada, Canada West

As wildfires continue burning across BC, experts are renewing calls to make FireSmart wildfire mitigation principles mandatory rather than voluntary. Mike Flannigan, at Thompson Rivers University, argued that in high-risk locations, FireSmart measures only work if applied consistently – because one unprotected neighbouring property can still spread embers that ignite a FireSmart-compliant home nearby. The debate is not new. …For brokers, the more consequential story is one the industry has been aware of for years: FireSmart certification exists, can be verified, and demonstrably reduces risk – but there is still no standardised way for that to translate into a lower premium in Canada. …Standard homeowner policies still cover fire damage regardless of whether a property meets FireSmart standards, and evacuation-related coverage still triggers independent of mitigation status. But as more provinces and municipalities weigh mandatory resilience requirements… FireSmart certification is likely to become a more common client question.

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With Data Centers Devouring Construction Materials, Mass Timber May Finally Have Its Moment

By Patrick Sission
BISNOW
August 13, 2026
Category: Wood, Paper & Green Building
Region: United States

With interest from Big Tech and a new bill before Congress that would expand its use in federal projects, mass timber is on the cusp of a new era of growth. Relatively stable lumber prices that buck the broader trend of increasingly expensive construction inputs are meeting with greater levels of comfort around the material’s use to drive faster adoption after years of cautious incorporation. “There’s a more robust supply chain and we’re getting more experienced,” said Dean Lewis, director of mass timber and prefabrication for Skanska USA. “When you say, ‘I want to use mass timber,’ people aren’t like, ‘What is that?’ They want to know what you want to do with it. The conversation has changed.” Construction using mass timber is expected to grow to a $5.7B market by 2030, with annual growth rates topping 20% to 30%, according to Grand View Research data. [to access the full story a BISNOW subscription is required]

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As wildfires get worse, some states are struggling to pass fire protection rules

By Lauren Sommer
National Public Radio
August 17, 2026
Category: Wood, Paper & Green Building
Region: United States, US West

Washington has been developing new wildfire safety regulations for several years, including building codes for homes constructed in risky areas and rules for managing plants and vegetation. But restrictions that affect people’s homes and gardens can be unpopular. After public pushback, state legislators backtracked and repealed some of the requirements. Other Western states have also struggled to pass wildfire regulations affecting homeowners’ properties. …Understanding wildfire risk can be challenging in many Western states. For floods, the federal government releases national maps showing which places are at risk of inundation. Wildfire mapping is left to the states, which involves using complex computer models to determine the chances of a fire based on vegetation, terrain and fire behavior. …Washington state officials say the new wildfire maps will be released in December. …Oregon faced similar pushback while developing its wildfire regulations. …Building codes for housing in wildfire-prone areas were pioneered by California.

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Waugh Thistleton Architects set to build “tallest mass timber office building in the US”

By Tom Ravenscroft
Dezeen Magazine
August 17, 2026
Category: Wood, Paper & Green Building
Region: United States, US West

BELLEVUE, Washington — Architecture studios Waugh Thistleton Architects and Mithun have designed a 12-storey mass-timber office block in Bellevue, Washington. Designed for developer and contractor Skanska, the Bevel tower will become the tallest timber office building in the USA, when it completes. It is also Waugh Thistleton Architects’ first project in the US. “Bevel will be our first built project in the US, but more importantly with a building of this scale it demonstrates that timber is ready to take its place at the forefront of American architecture,” said co-founder Andrew Waugh. The 55-metre-high office block will have a hybrid timber and steel structure with mass-timber columns, beams and ceilings exposed throughout the building. According to US WoodWorks, the building will be the tallest mass-timber office building in the US. …”It’s also expanding the idea of what’s possible with these projects,” said WoodWorks CEO Jennifer Cover.

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Australia releases draft standard for cross laminated timber design

Forest & Wood Products Australia
August 18, 2026
Category: Wood, Paper & Green Building
Region: International

AUSTRALIA — Forest & Wood Products Australia released a draft standard for cross laminated timber design to provide a dedicated framework for the structural design of CLT elements. The Standard has undergone independent technical review and provides comprehensive design methods for structural CLT components, subject to the requirements and limitations described in the Scope. Developed through collaboration with industry, researchers and technical experts, the Standard is intended to give architects, engineers and builders a national method for designing cross-laminated timber floors, walls and stairs, under a 46-page document out for comment. …Industry Benefits include consistency across engineering, manufacturing and certification practices; growing use of CLT and mass timber construction in Australia; and an independently reviewed basis for CLT structural design. …The public comment period for this Standard is open for a six-week period to 29 September.

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New technique for using incense cedar developed

By Esme Yeh
The Taipei Times
August 16, 2026
Category: Wood, Paper & Green Building
Region: International

TAIWAN — The Taiwan Forestry Research Institute said it is promoting full utilization of Taiwan’s incense cedar to develop a high-value circular economy for forest resources. Incense cedar is an endemic species of Taiwan and is one of Taiwan’s five major coniferous tree species, the institute said. …While Taiwan incense cedar wood is popular with consumers thanks to its distinctive aroma, surplus materials generated during the process of forest tending, pruning and wood processing are usually used as fuel or disposed of, it said. The institute’s Chiayi Research Center promoted research on the reutilization of Taiwan incense cedar surplus materials at the Yunshui Experiment Station from last year to this year, the institute said. Water distillation was applied to extract Taiwan incense cedar oil from surplus materials, while the remaining materials would be ground into scented powder or made into incense cones, it said.

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Forestry

Canadair water-bomber builder feels heat of demand as wildfires rage around the world

By Kyle Bakx
CBC News
August 15, 2026
Category: Forestry
Region: Canada

As Canada, the US and Europe grapple with another brutal wildfire season, pressure is building on the manufacturer of the Canadair “Super Scooper” water bombers to increase production, and on the federal government to bulk order the planes. Calgary-based De Havilland is taking the rare step of reviving production of the Canadair after acquiring the water bomber program. The planes had been built by Bombardier up until 2015. The world-renowned aircraft are built by hand with the majority of assembly in Calgary. The revived production line was announced in 2022 and is beginning to produce results as the first two aircraft are taking shape and on schedule to be completed and delivered in early 2028. Canadian premiers and European leaders are desperate to get their hands on those aircraft. …If De Havilland is unable to respond to the growing demand for water bombers, there is the risk that foreign companies may develop their own.

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Annual cost of fighting B.C. wildfires doubled in a decade, SFU report says

By Nathan Griffiths
The Vancouver Sun
August 19, 2026
Category: Forestry
Region: Canada, Canada West

SFU researchers say the amount of money BC has spent fighting wildfires in recent years is almost the same as what the province has collected in natural gas royalties. They say it demonstrates how BC households are already paying for the costs of climate change. The researchers said the average cost of fighting wildfires in BC over the past 10 years was more than twice as much as the decade prior. …“Royalties from the gas sector are virtually the same as what it costs to manage and mitigate wildfires in BC,” said co-author Andy Hira, a professor of political science. …BC’s natural gas industry only represents “a fraction of global emissions,” Lisa Baiton, CEO of Canadian Association of Petroleum Producers, said. Dan McTeague, a former Liberal MP said the energy sector’s much-bigger economic footprint gets lost when the debate narrows to royalties alone.

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Canada releases the first ever biological control agent to tackle invasive common tansy

Commonwealth Agricultural Bureaux International
August 18, 2026
Category: Forestry
Region: Canada, Canada West

Canada has released the first ever biological control agent to tackle invasive common tansy (Tanacetum vulgare), an invasive plant that negatively impacts the country and wider region’s livestock, rangeland, and native biodiversity. The release of the agent – a stem-mining weevil called Microplontus millefolii – marks a major milestone in efforts to manage this invasive plant across North America, reducing its ecological and economic impacts. In partnership with the British Columbia Ministry of Forests, Agriculture and Agri-Food Canada (AAFC) conducted the first releases of 1,200 adult weevils in May. AAFC conducted a further release of 400 weevils in Alberta in June. …These releases target areas experiencing significant, negative impacts on agriculture and biodiversity. …The common tansy has diminished the health of lands used for livestock foraging, as well as displaced native vegetation, and has hindered forest regeneration following logging. …Over 10,000ha of common tansy has been recorded in BC across all climate zones said BC’s Janine Brooke.

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‘Mission accomplished’: Parks Canada celebrates first release of captive-bred caribou into Jasper’s wild herd

By Maggie Kirk
CBC News
August 17, 2026
Category: Forestry
Region: Canada, Canada West

Five caribou raised in captivity are now roaming free alongside wild caribou in Jasper National Park’s Tonquin Valley. The animals were raised at the first caribou conservation breeding centre in North America, run by Parks Canada to help boost the region’s caribou population. Over the last two years, Parks Canada has captured wild caribou and brought them to a breeding facility. The federal agency announced its first release of caribou in June. …Caribou populations have been listed as species at risk in Canada for more than 20 years due to habitat fragmentation and rising wolf predation driven by industrial development. …Mark Boyce, at the University of Alberta, said that caribou decline in Alberta is tied to the forestry and oil industries. …While Jasper National Park is protected from forestry and oil development, Bisaillon said wolf populations are the biggest factor in the decline of caribou in the park.

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BC Is Quietly Planning to Split Forest Lands into Three Use Zones

By Ben Parfitt
The Tyee
August 17, 2026
Category: Forestry
Region: Canada, Canada West

BC’s government is contemplating carving the province into three zones to “provide greater clarity” to the timber industry, and discussions have so far left out First Nations. The zoning plan is outlined in an email sent in early July to public servants in the Ministry of Forests and the Ministry of Water, Land and Resource Stewardship. “The concept will consider three zones: commercial forestry, multiple-use and conservation and protection,” the leaked email reads, adding the zones will “provide greater clarity to achieve both investment stability and community economic benefits, and biodiversity and ecosystem stewardship goals for the land base.” The email provides no detail on how much forest might ultimately be placed in each of the zones, leaving open questions about just what impact the proposed plan would have on everything from at-risk species to rural and First Nations communities, and a logging industry that has been on a sharp downward spiral for years.

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Ontario Investing Nearly $1 Million to Unlock New Markets for Forest Biomass

By Ministry of Natural Resources
Government of Ontario
August 20, 2026
Category: Forestry
Region: Canada, Canada East

NORTH GRENVILLE, Ontario — The government is investing $865,000 in the Ontario Woodlot Association (OWA) to enhance private forest management and establish new supply chains for mill by-products and underused wood known as forest biomass. This investment will… test a business model that could double sustainable private harvesting over the next 10 to 15 years. …Ontario is investing $790,000 through the Forest Biomass Program to help the OWA create three new jobs and acquire equipment for the Wood Stewardship Program (WSP). This initiative will increase forest sector productivity by connecting businesses to biomass in privately owned forests. …The project will use up to 100,000 cubic metres of forest biomass over five years, creating new markets to maximize the value of wood and increase the industry’s diversification into value‑added manufacturing. Ontario is also investing $75,000 to support OWA workshops, conferences, publications and collaboration to promote sustainable forest management on private lands.

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Canada and Quebec support community resilience to wildfires

By Natural Resources Canada
PR Newswire
August 18, 2026
Category: Forestry
Region: Canada, Canada East

Tim Hodgson

QUEBEC CITY — Communities across Canada continue to experience the effects of increasingly frequent and severe wildfires. To support local preparedness and resilience, the Governments of Canada and Quebec are investing in measures that help reduce wildfire risks and protect people, infrastructure and natural environments. The Honourable Tim Hodgson, Canada’s Minister of Energy and Natural Resources… announced a joint investment of $22 million over three years through the Canada–Quebec Agreement to Strengthen Community Resilience to Wildfires by Implementing Governance and Wildfire Prevention and Mitigation Projects. This funding will help communities better identify and address wildfire-related risks, notably by implementing practical measures at the local level, which can include managing vegetation and other combustibles near homes and critical infrastructure; strengthening municipal public safety plans; training local stakeholders; and increasing public awareness of actions residents can take to protect themselves.

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US Homebuilders association supports repealing the Roadless Rule

The National Association of Home Builders
August 20, 2026
Category: Forestry
Region: United States

The Trump administration announced that it is seeking to fully rescind the 2001 Roadless Area Conservation Rule, which bars road building on more than 44 million acres of federal forest land. NAHB supports repealing the Roadless Rule because it is overly restrictive, limits state and local land management, and unnecessarily prevents responsible federal timber harvesting. While the rescission would remove the national designation of roadless areas, it would not require timber cutting or road construction. Instead, it would return decisions about roadless areas to local forest managers. Because the nation imports more than 25% of the softwood lumber needed to build new homes, NAHB believes responsibly opening federal forest lands is an important step toward increasing domestic timber production for American home owners and home buyers. …Comments on the proposed rule may be submitted through Regulations.gov. Comments are due by midnight on Sept. 21.

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Judge upholds larger riparian buffers on Washington timberland

By Don Jenkins
The Capital Press
August 21, 2026
Category: Forestry
Region: United States, US West

WASHINGTON — A Thurston County, Washington judge upheld larger riparian buffers on timberlands in Western Washington, affirming a rule that will take 200,000 acres out of timber production. In ruling from the bench Aug. 21, Superior Court Judge Christine Schaller said the Forest Practices Board lawfully adopted the new buffer rule after years of study. She acknowledged the economic hardship faced by timberland owners and that her ruling will be appealed. The board, which regulates logging, voted 7-5 last year to expand buffers along streams without fish. The rule will go into effect Aug. 31 and require continuous 65- to 75-foot buffers. The old rule called for 50-foot buffers on half the length of streams. The Washington Department of Ecology said bigger buffers were need to prevent logging from raising stream temperatures in most cases. The timber industry says the buffers will immediately eliminate $1.8 billion worth of timber and have little environmental benefit

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More than 4M acres of California forests could lose federal protection

By Roseann Cattani
The Record Searchlight
August 20, 2026
Category: Forestry
Region: United States, US West

CALIFORNIA — More than 4 million acres of California forest land may lose protected status under a proposed rollback of the Roadless Rule by the U.S. Forest Service. The federal government says the rollback is necessary to allow responsible timber production and wildfire mitigation efforts. Opponents argue rescinding the rule, which prohibits road construction and logging on 45 million acres of national forest land, would increase development, harm wildlife habitat, threaten water supplies and worsen wildfire risk. A public comment period on the proposal to rescind the 2001 Roadless Rule is open through midnight Sept. 21, 2026. More than 95% of roadless areas are in 10 Western states: Alaska, Arizona, California, Montana, Nevada, New Mexico, Oregon, Utah, Washington, and Wyoming, per the USDA. In California, the proposal would open up 4,416,000 acres of roadless land across the state, which has nearly 21 million acres of national forest, the most of any state except Alaska.

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California passes toughest wildfire rules in the U.S. for home landscaping

By Lauren Sommer
NPR National Public Radio
August 19, 2026
Category: Forestry
Region: United States, US West

California has adopted the toughest rules in the country to help protect communities from burning. Homeowners in wildfire-prone areas will be required to limit plants within five feet of their house, a protective measure that wildfire experts say can help prevent homes from igniting. …Wednesday’s vote by the California Board of Forestry and Fire Protection comes after years of debate and delays. The state originally considered rules that would have restricted all vegetation within five feet of a house, aside from well-maintained trees. That generated pushback from some communities. …California regulators ultimately struck a compromise. Lawns, flowers and non-woody plants up to 18 inches tall will be allowed, unless they are located directly under the roofline of a house. Trees will be allowed, though branches must be trimmed five feet away from a structure. The rules will apply to new construction right away, but will be phased in for existing structures.

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Should We Kill One Kind of Owl To Save Another?

By Jason Mark
Mother Jones
August 17, 2026
Category: Forestry
Region: United States, US West

The northern spotted owl is in trouble—per usual. This vanishingly rare subspecies of spotted owl earned its iconic status in the late ’80s and early ’90s, during the height of the Timber Wars in the Pacific Northwest. For forest defenders, the spotted owl is a sacred totem. For loggers, it’s been a pest. In 1990, federal officials reclassified the raptor as a threatened species, and greens won the Timber Wars with the establishment of the Clinton-era Northwest Forest Plan. The spotted owl left the trees standing—yet the number of spotted owls continued to decline. The culprit? The barred owl. …Today, just 15,000 spotted owls remain across North America; in comparison, there are some 3.5 million barred owls. So officials with the US Fish and Wildlife Service have come up with a bold plan to help the spotted owls: Shoot the barred owls.

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Preserving the roadless rule in WA forests protects our water, too

By Julian Olden, professor, University of Washington
The Seattle Times
August 13, 2026
Category: Forestry
Region: United States, US West

Today, many Washingtonians may be unaware that a looming federal policy change could have major consequences for the availability, quality and cost of the freshwater they rely on daily. …In August 2025, the U.S. Department of Agriculture officially launched a process to rescind the Roadless Area Conservation Rule. Implemented in 2001, the Rule designated special areas across nearly 60 million acres of forests within the National Forest System. …The Rule reflects scientific evidence that extensive logging and road building contributed to widespread loss and fragmentation of habitat for wildlife and salmon, and degraded water quality for downstream communities. Just how important are roadless areas in national forests? To answer this question, we conducted the science and recently reported on the consequences of rescinding the Roadless Rule. The findings were concerning. …Over 450,000 Washingtonians, or nearly 6% of the state’s population, source their drinking water from these areas. [to access the full story a Seattle Times subscription is required]

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Forest & Wood Products Australia launches new industry research archive

Forest & Wood Products Australia
August 18, 2026
Category: Forestry
Region: International

AUSTRALIA — Forest & Wood Products Australia (FWPA) announced the launch of a new digital research archive, bringing together decades of valuable research to make it easier for the forest and wood products sector to access and apply knowledge that drives innovation. The FWPA Industry Research Archive represents the largest collection of industry research spanning the last two decades. It consolidates hundreds of reports, technical papers and findings into one central, searchable platform, streamlining access to information, and ensuring research investments continue to deliver value long after publication. The first phase of the project brings together more than 40 research reports from the National Institute for Forest Products Innovation (NIFPI) and combines them with FWPA’s existing research. The result is a collection of more than 350 reports, making it by far the most comprehensive industry knowledge base in Australia. …The Research Archive is now live and can be accessed here.

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Australia Senate Vote on Koala Park Carbon Method Pushed Back to September 15

By Jason Ross
Wood Central Australia
August 17, 2026
Category: Forestry
Region: International

AUSTRALIA — The Improved Native Forest Management method will not face its Senate vote this week, with the disallowance motion listed for debate on Tuesday now rescheduled for 15 September. That is according to the office of NSW Nationals Senator Ross Cadell, which linked to the release the senator issued when he lodged the motion against the method on 30 June. …“If these rules are not overturned, Australia’s native timber industry will be lost forever,” Cadell said. “This is a crucial industry that we must protect,” Nationals leader Matt Canavan said, putting direct employment across Australian forestry at 80,000 people. …Signed by Assistant Minister for Climate Change and Energy Josh Wilson on 25 June, the method lets a state government earn Australian Carbon Credit Units by permanently ending harvesting in public native forests. New South Wales intends to register the Great Koala National Park, drawing 176,000 hectares of state forest into a single reserve.

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After wildfires, southwest France’s timber sector preps for mass influx of salvageable wood

By Olivier Pinaud
Le Monde
August 14, 2026
Category: Forestry
Region: International

FRANCE — The megafire in Gironde, southwest France, has been “contained” since July 30, but foresters are still prohibited from entering the heart of their plots that were ravaged by the flames. It is too dangerous: With lingering smoke and a still-hot ground, the passage of a vehicle could rekindle the embers. As with the nearby fire in Landiras in 2022, they will probably have to wait for the fall rains before the fire can be officially declared extinguished. A race against time will then begin to fell all the burned trees as quickly as possible before the appearance of the destructive bark beetle and in the hope of selling the timber for the best possible price, depending on the extent of the burn. …The most damaged parts could be turned into heating pellets, while the preserved sections could be used for pallets, the paper industry or as timber. [to access the full story a Le Monde subscription is required]

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Carbon, Climate & Bioenergy

Why Biogenic CO₂ Could Become a New Revenue Stream for Pulp Mills

Resource Wise
August 24, 2026
Category: Carbon, Climate & Bioenergy
Region: United States

For decades, the economics of a pulp mill have centered primarily on fiber, energy and established byproducts. But as low-carbon markets develop, another potential source of value is emerging from the mill itself: biogenic carbon dioxide. Biogenic CO₂ is generated from biomass rather than fossil sources. As governments and companies look for ways to reduce emissions, captured biogenic CO₂ can potentially serve two very different low-carbon markets: as feedstock for synthetic fuels and as a source of permanent carbon dioxide removal. That is beginning to change the conversation around carbon capture. Rather than viewing CO₂ solely as an emissions-management challenge, some pulp mills may increasingly be able to view it as a potential product. For pulp mills, that creates an important strategic question: Which market offers the greatest value for each ton of captured CO₂? …Biogenic CO₂ is just one of several emerging opportunities reshaping the economics of pulp production.

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Health & Safety

Wildfires expose — and detonate — buried bombs and mines from WWI and WWII

By Sam McNeil
The Associated Press in ABC News
August 22, 2026
Category: Health & Safety
Region: International

ELSENBORN, Belgium — The wildfires burning across Europe this summer have exposed a potentially deadly threat lurking beneath the blackened landscape: rusty bombs and mines from World War I and II that threaten crews responding to the flames. Some of the weapons have exploded in the intense heat. Blasts have been reported in France, Belgium, Germany and the Netherlands, where a bomb-disposal team was dispatched to check a forest threatened by flames near a site of fierce fighting in the Limburg province in 1944. …This wildfire season was supercharged by heavy rains in January that spurred vegetation growth, which became kindling when the summer heat arrived. Those temperatures, combined with drought conditions, low humidity and stiff winds, offered an ideal environment for fire. …Unexploded ordnance is even more dangerous around wildfires because heat can trigger the explosives, said Jonas Tepe, a spokesperson for North Rhine-Westphalia, just across the border in Germany.

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