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Today’s Takeaway

Georgia wildfires that destroyed 120 homes blamed for death of firefighter

The Tree Frog Forestry News
April 27, 2026
Category: Today's Takeaway

The Georgia wildfires that destroyed 120 homes are blamed for death of a firefighter. In related news: BC’s Wildfire Service reports out of control wildfire near Coombs; Campbell River First Nation takes action to reduce fire risks; Whistlerites lag on preparedness despite concerns; and last year’s Manitoba wildfires cost $500M. Meanwhile: a new study says warming temperatures may exacerbate forest pest damage; and sustainable forestry concerns are raised by BC ENGOs; the Association of Vancouver Island and Coastal Communities, the Northwestern Ontario Municipal Association; and Harrison Hot Springs council.

In Business news: Prime Minister Carney announced a national sovereign wealth fund; Ontario communities brace for sawmill job losses; and New Zealand and India sign a free trade agreement. Meanwhile: Canada’s home builders report near-record low builder confidence; Canada’s insurance sector urges caution on mass timber; and BCIT hosts mill-ready training for lumber workforce

Finally, Canada’s supply management defenders could borrow from the lumber trade wars.

Kelly McCloskey, Tree Frog Editor

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Business & Politics

7 key takeaways from the Liberal government’s spring economic snapshot

By Darren Major
CBC News
April 28, 2026
Category: Business & Politics
Region: Canada

François-Philippe Champagne

Prime Minister Mark Carney and Finance Minister François-Philippe Champagne introduced their spring economic update on Tuesday. Here are some key highlights:

  • State of the federal books – a lower-than-forecasted deficit for the fiscal year that ended last month. November’s budget was projecting a deficit of $78.3 billion for the year, but Tuesday’s update says the deficit came in at $66.9 billion. The government saw a $60-billion uplift, in part due to revenue from surging oil prices. Tuesday’s outlook outlines $37.5 billion of spending on newly announced measures.
  • Emphasis on skilled trades recruitment – aiming to recruit 80,000-100,000 new skilled trade workers by the 2030-31 fiscal year. The government is pumping $6 billion over five years behind its promise to recruit, train and hire thousands of new workers. Included is an apprenticeship grant in the shape of a $400 per week income top-up to apprentices completing in-class training. There will also be a one-time bonus of $5,000 for apprentices who complete their Red Seal certification.

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CUSMA talks approach with rising uncertainty for Canada

Bloomberg Market Outlook
April 27, 2026
Category: Business & Politics
Region: Canada, United States

Wendy Wagner

Uncertainty is rising for Canadian companies as the CUSMA review approaches, with no formal negotiations underway and trade tensions continuing to escalate. A shifting U.S. stance on tariffs and trade policy is adding to concerns about how the agreement could evolve. BNN Bloomberg spoke with Wendy Wagner, head of international trade at Gowling, who says negotiations are unfolding in a more politicized environment, with sector-specific disputes and tariffs shaping the path forward. Key takeaways include:

  • The upcoming CUSMA review is taking place without formal talks, increasing uncertainty for businesses
  • Sector-specific tariffs  remain a major source of tension and economic risk
  • Protectionism is changing the nature of negotiations away from traditional free trade principles
  • Long-standing and emerging trade irritants are expected to feature prominently in discussions.
  • A trilateral approach with Mexico is seen as strategically important to balance U.S. negotiating power

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Canada won’t be ‘chasing a small deal’ to get U.S. tariff relief, Carney says

By Darren Major
CBC News
April 27, 2026
Category: Business & Politics
Region: Canada, United States

Mark Carney

Prime Minister Carney says Canada and the US could resolve the ongoing tariff dispute within “days” if the US side had the “bandwidth and the inclination to go through with it.” The US has maintained hefty import levies on a number of Canadian goods including steel, aluminum, copper, some automotive parts, lumber and other wood products. Carney said that the Canadian side is ready to work on a deal that would see some of those tariffs lifted, but he’s not interested in quickly achieving a “small deal.” …Carney suggested countries that quickly worked out some form of tariff relief with the U.S. aren’t happy with the deals they got. A number of countries such as the UK, Japan and the EU block reached agreements with the US within the last year, but those deals kept some form of tariff on imports to the US.

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PM Carney announces Canada’s first national sovereign wealth fund

By Prime Minister of Canada
Government of Canada
April 27, 2026
Category: Business & Politics
Region: Canada

Mark Carney

Prime Minister Carney announced the Canada Strong Fund – Canada’s first national sovereign wealth fund. Through an initial federal contribution of $25 billion, the Fund will strategically invest, alongside the private sector, in Canadian projects and companies driving our economic transformation. This includes projects in clean and conventional energy, critical minerals, agriculture, and infrastructure. The returns will be reinvested to grow the Canada Strong Fund, strengthening its capacity over time. As the Fund grows, it will direct capital toward investments with the highest potential return for Canada and Canadians. …The fund is intended to complement and accelerate the work of existing institutions like the Business Development Bank of Canada, and potentially the advancement of projects through the Major Projects Office. …Per Carney, “Canada is catalysing a series of nation-building projects in energy, trade, critical minerals, transport, data, and beyond – projects that will make Canada stronger, more resilient, and more independent.”

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Why Canada’s supply management system is going to disappear

By Lawrence Herman, senior fellow at the C.D. Howe Institute
The Globe and Mail
April 27, 2026
Category: Business & Politics
Region: Canada, United States

Lawrence Herman

The US has pressured Canada to scrap supply management before USMCA negotiations have even begun. Telling the Americans to go fly a kite… would mean narrow agriculture interests could imperil improvements in the entire Canada-US trading framework. But let’s assume for argument’s sake that intense pressure from the Americans results in agreeing to increased US dairy imports. …To prepare for this, these industries need to pivot. …Ironic as it seems, it’s the US softwood lumber industry that offers a model for Canadian dairy. For more than 40 years, US softwood producers have successfully used countervailing duties to fight Canadian imports. …These efforts have borne fruit, resulting in decades of countervailing duties on Canadian imports. …The trade remedy option makes eminent sense. Why? Because U.S. dairy producers are heavily subsidized and their exports would almost certainly contravene both the WTO’s Subsidies & Countervailing Measures Agreement and the USMCA itself. [to access the full story a Globe subscription is required]

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Lloyd’s alleges arson in $31M battle over gutted B.C. sawmill

By Stefan Labbé
The Times Colonist
April 27, 2026
Category: Business & Politics
Region: Canada, Canada West

San Group companies and federal bank launch multi-pronged legal attack after insurer denies claims over major 2024 fire in Delta. …At the heart of the dispute is Lloyd’s Underwriters and its move to deny a nearly $31-million insurance claim over claims the fire was not an accident, but a deliberate act of arson carried out by the owners. In a Dec. 30, 2025, letter Lloyd’s informed the Business Development Bank of Canada (BDC) and San Group subsidiary Acorn Forest Products that it was voiding the company’s primary and excess insurance policies. According to court documents, Lloyd’s determined the fire was “caused by arson perpetrated by Acorn, alone or in collusion with others” and through the acts or under the guidance of the company’s “directing minds.” The San Group has strongly denied the allegations. Both Acorn and its parent company maintain that Lloyd’s has failed to provide proof of arson and is using the allegation to avoid a massive payout.

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Nanaimo residents split over rezoning of forest near Cedar for industry

By Hannah Link
The Times Colonist
April 28, 2026
Category: Business & Politics
Region: Canada, Canada West

A Nanaimo public hearing on a controversial rezoning application to allow for the industrial development of forested lands near Cedar is entering its third week. …The application was put forward last spring by Harmac Pacific, which operates the Nanaimo Forest Products site. The land is zoned as “rural resource,” meaning the property can’t be used for industry. The rezoning proposal includes a parkland designation for an 11.3-hectare section of “forested buffer” alongside the popular Cable Bay Trail. Paul Sadler, CEO of Harmac Pacific, said the company built the Cable Bay trail in 1990. “We’re interested in protecting it,” he said, adding that the buffer section would quadruple the size of the park area.Sadler said he feels that the public hearing process has been “hijacked” by those opposed to the rezoning… noting that any applications to use the site after it is rezoned would undergo environmental assessments and a government permit process.

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First Nations file new claims against B.C. government, cite court ruling making UNDRIP enforceable in law

By Gordon Hoekstra
The Vancouver Sun
April 23, 2026
Category: Business & Politics
Region: Canada, Canada West

David Eby

After a landmark BC Court of Appeal decision that made the UN Declaration on the Rights of Indigenous Peoples enforceable in provincial law, First Nations have launched suits using the ruling to argue against government decisions in mining, forestry and energy. In a petition filed last month, the Lower Similkameen Indian Band is seeking to quash an expansion of Hudbay Mineral’s Copper Mountain Mine, arguing a permit was granted without adequate consultation. The First Nation says the decision must be set aside and a declaration issued to ensure its constitutional rights are protected pursuant to UNDRIP and B.C.’s Declaration of the Rights of Indigenous Peoples Act. In outlining the need for deeper consultation, the First Nation cites several legal precedents including a B.C. Appeal Court decision where the Gitxaala First Nation won a ruling that found the province’s open-entry mineral claims system was inconsistent with the B.C. government’s implementation of UNDRIP. 

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U.S. liquor won’t be back in B.C. Liquor stores until softwood tariffs eased: Eby

By Mark Page
Victoria News
April 23, 2026
Category: Business & Politics
Region: Canada, Canada West

After meeting with Prime Minister Mark Carney on Thursday, Premier David Eby confirmed that US liquor products will remain off BC liquor store shelves, despite pressure from American officials. Eby wants the Americans to ease duties and tariffs on the softwood lumber sector before relenting on U.S. liquor products. …The issue gained renewed international attention after US Commerce Secretary Howard Lutnick called the measures against American alcohol products “disrespectful”. …One of the major sticking points for Eby is what he sees as preferential treatment by the US for lumber from Russia and Europe, just as punitive measures are ratcheted up on Canadian softwood products. “The reality is that British Columbians are pissed off about our industry being attacked, our families losing jobs for absolutely no reason, to prefer Russian and European lumber to Canadian lumber,” he said.

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Toilet paper isn’t going digital: Thunder Bay pulp mill CEO ‘very optimistic’

By Matt Prokopchuk
Timmins Today
April 27, 2026
Category: Business & Politics
Region: Canada, Canada East

The head of Thunder Bay’s pulp mill says he feels the local operation is well-positioned, given current market demands. Thunder Bay Pulp and Paper now only produces softwood kraft pulp on a single line at its Neebing Avenue facility and generates renewable energy for sale to the Ontario power grid after axing its newsprint division earlier this year. Despite that, CEO Norm Bush said there’s a significant demand for what they’re still producing. “Fortunately, the pulp sector that we are participating in now, and particularly the grades that we’re supporting, is actually growing,” he said at the Northwestern Ontario Municipal Association conference on the future of the region’s forestry sector. …“We’re not subject to electronic substitution in toilet paper and paper towel, so that market is pretty protected and, because of our proximity to those markets, it’s a barrier for other pulp producers to come and make a profit in our market segment.”

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Quebec premier meets U.S. Trade Representative Jamieson Greer in Washington D.C.

By Patrice Bergeron
The Canadian Press in Global News
April 27, 2026
Category: Business & Politics
Region: Canada, Canada East

Christine Fréchette

Quebec’s premier met on Monday in Washington D.C. with Jamieson Greer, the top trade negotiator for President Donald Trump, as the U.S. becomes more aggressive in its demands toward Canada ahead of negotiations on the continental free-trade deal. Greer has promised to pursue the president’s hardline trade policies. Premier Christine Fréchette’s said their discussions were cordial but did not lead to any major breakthroughs. Fréchette travelled to Washington for her first official foreign trip since she was sworn in as premier earlier this month. She held a roundtable discussion Monday morning with representatives of business associations including the National Lumber and Building Material Dealers Association and General Motors. And she was also scheduled to meet with congressional representatives. The United States is Quebec’s main trading partner, but since March 2025 U.S. tariffs have hit several of the province’s industrial sectors hard.

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Quebec’s South Shore Furniture closing as sales dwindle amid Trump tariffs

By Alessia Simona Maratta
Global News
April 27, 2026
Category: Business & Politics
Region: Canada, Canada East

Quebec’s South Shore Furniture said it will end all operations after a 77% drop in sales between 2022 and 2025. The family-owned company says its facilities in Sainte-Croix and Coaticook will gradually cease operations in the coming weeks. Its 126 employees were informed of the decision Monday. …Charles Laflamme said the company made every effort to maintain operations and jobs but could no longer continue in a market “where the rules of the World Trade Organization are not respected.” The company points to years of heavy dumping of furniture from China and Vietnam into Canadian and US markets, which it says drove down prices. He added that recent US tariffs on certain Asian countries redirected more of those products into Canada, while tariffs affecting Canada slowed exports south of the border, effectively erasing demand on both sides. …The company was one of the last major Canadian furniture manufacturers assembling products domestically.

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U.S. Lumber Coalition Calls on Canada to Address its Market-Disrupting and Unsustainable Excess Lumber Capacity Problem

The US Lumber Coalition
April 29, 2026
Category: Business & Politics
Region: United States

WASHINGTON — As Canada doubles down on its well-documented unfair trade practices in the softwood lumber sector by pushing out billions of dollars in new subsidy schemes aimed at undermining President Trump’s policy initiatives to further grow the American forestry sector, the US Lumber Coalition is calling on Canada to instead focus on addressing the problem of its massive, unsustainable, and market-disrupting excess lumber capacity. …”The US Lumber Coalition is pleased to see that Canada, much like the United States, uses its antidumping and countervailing duty laws to address the exact same trade problem that the United States faces as a result of Canada’s well-documented unfair trade practices in softwood lumber. This is a step in the right direction to Canada admitting the legality and purpose of trade law enforcement against unfair trade practices, rather than complaining about being subject to US. trade laws.

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Boise Cascade Pleads Guilty and Is Sentenced for Violating the Lacey Act for Its Role in a Timber Trafficking Scheme

The US Department of Justice
April 27, 2026
Category: Business & Politics
Region: United States

The Boise Cascade Company pleaded guilty and was sentenced today for a felony violation of the Lacey Act for its role in a timber trafficking scheme to evade countervailing and anti-dumping duties. Boise Cascade was sentenced to pay a fine of $6,382,000, representing twice the gross profits it derived from the illegal wood at issue in this case, and implement a compliance plan. Boise Cascade is the third federal criminal enforcement action to come out of this large-scale duty evasion scheme. …“Boise Cascade either knew about or was willfully blind to the illegal importation of the plywood they were purchasing from Horizon Plywood,” said Principal Deputy Assistant Attorney General Adam Gustafson of the Justice Department’s Environment and Natural Resources Division (ENRD). “This scheme defrauded taxpayers of import duties and undercut law-abiding competitors by importing and selling between $25 million and $65 million worth of plywood products.”

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EU majority resists French call to overhaul US trade deal

By Carlo Martuscelli and Koen Verhelst
Politico EU
April 22, 2026
Category: Business & Politics
Region: United States, International

BRUSSELS — A French push to add safeguards to last year’s EU-US trade deal has hit resistance from a German-led majority of member countries determined to preserve the original agreement. That means the Council of the EU will likely take an unchanged position into talks on May 6 with the European Parliament, which wants to attach a series of conditions. Ambassadors representing the EU’s 27 member countries met to review a first round of inter-institutional negotiations to hash out a compromise that can finally take effect. The call by France to revise enabling legislation — which envisages that the EU would scrap tariffs on US industrial goods — has failed to attract significant support. The European Parliament, like France, wants to add tweaks to the deal to take into account global developments. …The changed situation includes Trump’s threats to annex Greenland, as well as a Supreme Court decision that struck down his original tariffs.

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The Plywood Smuggling Ring That Ensnared a Building-Products Giant

By Ryan Dezember
Wall Street Journal
April 28, 2026
Category: Business & Politics
Region: United States, US West

Days after federal agents raided a South Florida wood importer’s warehouse and seized stacks of Chinese-made birch plywood, an order for another load of the illegal panels arrived. The 2021 raid touched off a scramble from Miami to Qingdao, China. The couple who owned the importer, Horizon Plywood, fled the US. But word was slow to reach Boise Cascade’s branch in Pompano Beach, Florida. …The smuggling and ensuing investigation trapped Boise in a global web that spanned China, Florida, Panama and Montenegro. And while Boise didn’t make or import the plywood, prosecutors maintain the company must have known it had been smuggled into the US given how cheap Horizon was selling it compared with competitors. …Boise pleaded guilty Monday to a federal felony charge related to its role in the case and agreed to pay a fine of $6.4 million, or twice the profit it reaped. [to access the full story a WSJ subscription is required]

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Davis Timber Company Expands in Beauregard Parish, Louisiana

Trade & Industry Development
April 28, 2026
Category: Business & Politics
Region: United States, US East

LOUISIANA — Davis Timber Company, Inc. announced it will invest $1.9 million to expand its Beauregard Parish operations with new production capabilities that will enhance efficiency and strengthen Louisiana’s timber industry. The company is expected to create 12 direct new jobs while retaining 11 current positions. Louisiana Economic Development estimates the project will result in an additional nine indirect new jobs, for a total of 21 potential new job opportunities in the Southwest Region. …Davis Timber Company’s expansion will take place at its production facility within the Beauregard Regional Airport Industrial Complex in DeRidder, where the company produces poles and pilings used in utility and infrastructure applications. The project will add new processing capabilities to the existing operation, improving efficiency and enhancing product readiness for market.

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Mondi opens new paper bags plant in Pittsburgh

Mondi plc
April 22, 2026
Category: Business & Politics
Region: United States, US East

PITTSBURGH — Mondi has officially opened its new packaging production facility in Pittsburgh, Pennsylvania, further expanding its manufacturing capabilities in the United States to better support customers with reliable, high-quality paper based packaging solutions across key end markets. The new state‑of‑the‑art plant produces a wide range of paper bags for customers in the eCommerce, food, feed, building materials and chemicals sectors. The facility brings together production previously located at Mondi’s Wellsburg, West Virginia and Oakdale, Pennsylvania sites, while adding advanced, highly automated technology to enhance efficiency, quality and customer service. The Pittsburgh plant significantly expands Mondi’s production capacity in the US. …After completing the ramp up phase, the plant is expected to reach an annual capacity of 300 million paper bags. By the end of this year, approximately 170 people are expected to work at the site.

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No two risks alike as forestry insurance grows more complex

By Bryony Garlick
Insurance Business UK
April 29, 2026
Category: Business & Politics
Region: International

UK — Forestry has long sat at the margins of the insurance market, often folded into broader property portfolios and lightly scrutinised. That position is becoming harder to sustain. The class now requires a level of focus and expertise the market has not always applied, said Daniel Longden, head of forestry at Orvia Underwriting. The sector differs from traditional property risks in one fundamental way: it is constantly changing. Trees grow, are harvested and replanted, altering the risk profile year by year. That dynamic sits alongside an exposure to catastrophe events that can erase entire areas in a single incident. …This variability complicates underwriting and limits the development of standardised data sets, helping explain why the class has remained relatively niche despite growing investor interest. …Where underwriters once relied heavily on historical loss data and third-party reporting, satellite technology now offers a more direct view of exposure.

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New Zealand and India Conclude Free Trade Agreement

By Foreign Affairs and Trade
Government of New Zealand
April 27, 2026
Category: Business & Politics
Region: International

India is a strategic priority for New Zealand because of its growing global influence, economic scale, and regional importance. This is why New Zealand is building a broad, deep, and enduring strategic relationship with India. By 2030, India’s GDP is expected to reach around NZ$12 trillion, making it one of the world’s largest economies. India’s rapidly growing middle class is projected to soon reach 715 million – those consumers alone will be a larger market for New Zealand than the European Union or ASEAN. …The impact and value of the NZ-India FTA will grow over time – delivering greater market access through streamlined border processes and phased tariff cuts. …On forestry and timber – a major export to India – over 95% of our exports become tariff-free immediately at entry into force. Almost all other exports benefit from tariff elimination over seven years, providing a valuable market option for wood exporters.

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Finance & Economics

Lumber Futures Hit 7-week Low

Trading Economics
April 28, 2026
Category: Finance & Economics
Region: Canada, United States

Lumber futures fell to $566 per thousand board feet, the lowest in seven weeks, as broader uncertainty and ongoing trade tensions weigh on sentiment. The US has recently outlined preliminary antidumping and countervailing duties on Canadian softwood lumber, with the antidumping rate reduced from 20.6% to 10.7% and the countervailing duty trimmed from 14.6% to 14.2%, lowering the combined rate to about 25.9%. Including an existing 10% Section 232 tariff, total effective duties on Canadian imports are expected to remain near 35.9% once they take effect in August. Despite these measures aimed at supporting domestic producers, US sawmill utilization remains relatively weak at around 64%, with capacity use trending lower since 2017, pointing to limited supply response. At the same time, elevated construction costs and high interest rates are continuing to pressure housing activity, with US builder confidence slipping to its lowest level since September 2025. [END]

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Global Consulting Alliance: Forest Sector Outlook Report Q1, 2026

Russ Taylor Global
April 27, 2026
Category: Finance & Economics
Region: Canada, United States, International

RUSS TAYLOR provided the latest quarterly report from the Global Consulting Alliance featuring commentary from six independent consulting companies that focus on the international forestry and wood products sectors. Highlights include:

  • The global forestry sector in Q1 2026 showed early signs of stabilization, although overall activity remained subdued due to weak construction demand in key markets such as the US and the Eurozone.
  • Timber markets remained soft, with only partial price recovery. Export conditions were mixed, reflecting fluctuating demand from China and a gradual shift in trade flows toward alternative markets.
  • The pulp segment showed improvement, supported by stronger packaging demand and supply-side adjustments. In contrast, paper markets, particularly graphic grades, continued to face structural decline.
  • Rising energy and input costs, combined with ongoing macroeconomic uncertainty, placed pressure on margins and contributed to a cautious sector outlook.

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Canadian Home Builders’ Association reports near record-low builder confidence in housing market

The Daily Commercial News
April 27, 2026
Category: Finance & Economics
Region: Canada

OTTAWA – From coast-to-coast builder confidence is on the decline, the Canadian Home Builders’ Association (CHBA)’s recently released Q1 2026 Housing Market Index (HMI) shows. …The CHBA’s HMI is an analysis of homebuilder sentiment and is an indicator about the current and future health of the residential construction industry in Canada with respect to housing units for ownership (freehold or condominium). According to a release, the 2026 Q1 single-family index fell 5.5 points to 20.9, which is just 1.3 points above the all-time record low. The multi-family index reached a third consecutive new record low and now sits at 13.4. In March, CMHC data indicated units slated for rental markets represented 56 per cent of all urban starts. Given affordability challenges in recent years, there has been a drastic shift to rental starts. In 2021, about 70 per cent of housing starts were for ownership; that number is now below 50 per cent.

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US single-family housing starts jump to 13-month high in March

Reuters
April 29, 2026
Category: Finance & Economics
Region: United States

WASHINGTON — US single-family homebuilding increased to a 13-month high in March, but the improvement was likely a blip as permits for future construction fell sharply and confidence among builders remained subdued. Single-family housing starts, ​which account for the bulk of homebuilding, surged 9.7% to a seasonally adjusted annual rate ‌of 1.032 million units, the highest level since February 2025, the Commerce Department’s Census Bureau said on Wednesday. Single-family housing starts increased to a pace of 941,000 units in February from 898,000 units in January. They rose 8.9% year-on-year in March. Permits ​for future construction of single-family homes decreased 3.8% last month to a rate of 895,000 units. ​They had increased to a pace of 930,000 units in February from 876,000 units ⁠in January. Single-family building permits dropped 7.9% year-on-year in March. …Overall housing ​starts vaulted 10.8% to ⁠a pace of 1.502 million units. They increased 10.8% year-on-year in March.

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US consumer confidence unexpectedly improves, but higher gasoline prices still a worry

By Lucia Mutikani
Reuters
April 28, 2026
Category: Finance & Economics
Region: United States

WASHINGTON — U.S. consumer confidence unexpectedly edged higher in April amid a rally in share prices following a ceasefire in the war with Iran and improved perceptions of the labor market, helping ​to ease households’ financial worries for now. Despite the rise in confidence to a four-month high, the survey from the Conference Board on Tuesday showed higher gasoline prices ‌stemming from the conflict with Iran remained a source of concern for consumers. Fewer planned vacations over the next six months and the share of those intending to drive to their holiday destinations was the lowest since April 2020. …The Conference Board said its consumer confidence index climbed 0.6 point to 92.8 this month. Economists had forecast the index easing to ​89.0. It was in stark contrast with the University of Michigan’s Surveys of Consumers, which last week showed its Consumer Sentiment Index slumping to a record low in April.

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Kimberly-Clark Announces reports Q1, 2026 net profit of $753M

Kimberly-Clark Corporation
April 28, 2026
Category: Finance & Economics
Region: United States

DALLAS — Kimberly-Clark reported first quarter 2026 results. Highlights include: Net sales of $4.2 billion increased 2.7 percent, as organic sales growth of 2.5 percent and favorable currency impacts of 2.0 percent were partially offset by a 1.8 percent decline from the exit of the company’s private label diaper business in the US. …First quarter operating profit was $753 million compared to $631 million in the prior year. Current quarter results included a $120 million benefit related to the settlement of insurance claims from a previous acquisition, and $99 million of charges related to the 2024 Transformation Initiative and Kenvue acquisition. 

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NAHB Applauds Lawmakers’ Push to Remove Harmful Mandate from Major Housing Package

The National Association of Home Builders
April 23, 2026
Category: Finance & Economics
Region: United States

In a letter signed by 76 representatives, the Real Estate Caucus and the Build America Caucus called on House Speaker Mike Johnson and Minority Leader Hakeem Jeffries to remove harmful provisions in the Senate-passed 21st Century ROAD to Housing Act that mandate the forced sale of single-family build-to-rent (BTR) housing.  The letter stated that Section 901 of the Senate bill, as drafted, “would have far reaching and unintended consequences that run counter to the bill’s stated goal of expanding housing opportunity.” The 76 lawmakers further warned that the Section 901 language would exacerbate the housing affordability crisis by severely curtailing the production of BTR housing nationwide. …NAHB estimates that single-family housing starts may drop by 40,000 units per year as a result of this mandate. Moreover, the Urban Institute says this provision targeting BTR owners could  “decrease the number of rental units built each year by at least 72,000.”

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Metsä Group’s Q1 loss deepens to Euro 4 million as muted pulp demand and US tariffs bite

Lesprom Network
April 29, 2026
Category: Finance & Economics
Region: International

Metsä Group reported a comparable operating result of Euro 4 million for the Q1 2026, compared to Euro 81 million in the same period last year, due to muted demand for market pulp in Europe and China, lower delivery volumes, and the negative impact of US import tariffs. Sales decreased to Euro 1,358 million from Euro 1,642 million a year earlier. The comparable EBITDA was Euro 128 million, down from Euro 197 million. The operating result (IFRS) was Euro 18 million, compared to Euro 51 million in the Q1 2025. The Pulp and Sawn Timber Industry segment reported a comparable operating result of Euro 12 million, compared to Euro 38 million a year earlier.  The Paperboard Industry segment reported a comparable operating result of Euro 11 million… and The Wood Products Industry segment reported a comparable operating result of Euro 7 million.

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Wood, Paper & Green Building

United States’ efforts to combat illegal cross-border trade of timber and wood products

By Adam Gustafson, Principle Deputy Attorney General
US Dept of Justice’s Environment and Natural Resources Division
April 24, 2026
Category: Wood, Paper & Green Building
Region: United States

Adam Gustafson

Presentation to the Timber Interdiction Membership Board and Encorement Recourses Working Group. …The US Dept of Justice’s Environment and Natural Resources Division continues to uphold its long-standing commitment to enforcing the nation’s environmental laws and defending the responsible use of her natural resources. Today’s event is designed to provide an overview of what the federal government is doing to combat one of the most pervasive and lucrative forms of transnational crime. …The US was the first country to criminalize the transnational trafficking of plants and plant products, including timber, when the Lacey Act was amended in 2008. …Since 2008, we have seen other countries follow our lead. This includes Australia, the European Union, Japan, and the United Kingdom among others. …The only way we can end the illegal timber trade is to cut off the demand for illegal wood products. This is done through effective and collaborative enforcement efforts.

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Forestry

Industry partners boost University of Alberta forestry programs through new $6.5M research chair

By Bev Betkowski
University of Alberta News
April 28, 2026
Category: Forestry
Region: Canada, Canada West

Forestry programs at the University of Alberta will be strengthened through the integration of Indigenous perspectives with the establishment of a new $6.5-million research chair. The Endowed Chair in Indigenous Forestry in the Faculty of Agricultural, Life & Environmental Sciences will support experiential learning, Indigenous-led courses and collaborations with communities, academics and industry. $526,065 will be used to establish an accelerator fund through which a community engagement and research co-ordinator will be hired to support the chair’s community and student engagement activities. The endowment supporting the chair is funded through the Forest Resource Improvement Program with sponsorship from Canfor, West Fraser and Weyerhaeuser. …The chair will lead a research program exploring relationships between Indigenous knowledge systems and western forestry practices, and will serve as a mentor to the next generation of Indigenous and non-Indigenous foresters.

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First Nation sues B.C for approving logging on land slated for conservation

By Stefan Labbé
Business in Vancouver
April 27, 2026
Category: Forestry
Region: Canada, Canada West

A BC First Nation has mounted a legal challenge against the Ministry of Forests after one of its officials approved a timber-cutting permit in forests that overlap with a proposed Indigenous conservation area. In an April 21 application, the Kanaka Bar Indian Band claims a district manager approved cutting permits for Interwest Timber to harvest roughly 35 hectares across four cut blocks. …One of 15 communities of the Nlaka’pamux Nation, most of the Kanaka Bar people live in several reserves south of Lytton, BC. Their traditional territory spans 32,000 hectares of rugged terrain in the Fraser River Canyon. While Interwest has held a forest licence in the area since 1998, the band has intentionally limited industrial activity. In 2021, leadership declined a logging company’s request for access, choosing instead to pursue an Indigenous Protected and Conserved Area… with the goal of turning the entire forested area into a conservation area similar to the neighbouring Stein Valley.

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BC ‘Going Backwards’ on Ecosystem Protections

By Sarah Cox
The Tyee
April 27, 2026
Category: Forestry
Region: Canada, Canada West

Last Wednesday, BC Premier David Eby released a statement celebrating B.C.’s wild places and passion for protecting the environment… commemorating Earth Day. …The problem? Conservation advocates, the BC Greens and a former BC Liberal cabinet minister who led a government biodiversity review said Eby’s claim about strengthening ecosystem protections largely isn’t true. Ken Wu, of the Endangered Ecosystems Alliance, said that after a promising start under Eby, BC has “stalled and started going backwards” when it comes to protecting ecosystems such as old-growth forests. …Former BC Liberal MLA Mike Morris, said he gives the Eby government “a failing grade” on strengthening ecosystem protections. …BC Green Party MLA Jeremy Valeriote said he hasn’t seen any evidence the government is strengthening ecosystem protections. …“With a huge deficit, and a premier taking it on the nose from the Conservatives on economic development, there’s a lot of focus on Look West,” he said.

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Sustainable forestry would support industry, jobs and ecosystems

Mary P Brooke
Island Social Trends
April 26, 2026
Category: Forestry
Region: Canada, Canada West

VICTORIA, BC –A panel called The Future of Forestry on Vancouver Island and Coastal BC at the annual convention of the Association of Vancouver Island and Coastal Communities (AVICC) , was chaired by North Cowichan Mayor Rob Douglas… with an audience of about 60 municipal leaders …A panel of forestry sector representatives tackled what is likely only the surface of a multi-faceted problem. They looked at how to protect forests for all the right ecological reasons while still maintaining or even strengthening the wood-production sector for the benefit of jobs and the economy. …The four panelists were Klay Tindall, general manager, Lilwat Forestry Ventures, Geoff Dawe, former president of the Public and Private Workers of Canada, Chris McGourlick, manager with the FESBC and Younes Alila, Professor of Forest Hydrology at UBC Forestry. The panel did not have a representative of the BC Council of Forest Industries (COFI) or any provincial government forestry representatives.

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‘Cornerstone’ industry needs to build on strengths in tough times

By Matt Prokopchuk
Thunder Bay News Watch
April 27, 2026
Category: Forestry
Region: Canada, Canada East

Kevin Holland

THUNDER BAY — A panel of forestry officials says the regional sector has a number of things going for it. And the ability to adapt will be key in how it navigates some current challenging conditions. The second day of the Northwestern Ontario Municipal Association’s conference in Thunder Bay last week featured a discussion on the state and future of the forestry sector in the north. It was led by Thunder Bay Community Economic Development Commission CEO Jamie Taylor and included representatives from a number of companies, as well as Associate Forestry Minister Kevin Holland. The conversation “is about resilience,” Holland said. “It’s a timely theme that reflects the challenges communities and industries are facing, along with the work underway to keep the region strong and growing.” “Forestry has long been a cornerstone of Ontario’s economy,” he continued, adding that, today, it supports close to 155,000 jobs directly or indirectly.

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More than 60 percent of U.S. is covered by drought as impacts worsen

National Weather Service – US Seasonal Drought Outlook
April 28, 2026
Category: Forestry
Region: United States

Extensive drought conditions continue across much of the nation, with over 60-percent of the contiguous United States currently experiencing drought conditions as of the April 7 US Drought Monitor. During the last month, widespread drought expansion and intensification occurred across the West, the central US, and the Southeast south of the Ohio River, as dry conditions and above-normal temperatures combined with increasing Spring evapotranspiration rates to rapidly dry soils and reduce streamflow levels. In contrast, several rounds of heavy precipitation eased drought across much of the Ohio Valley and Great Lakes region. A potent Kona Low brought flooding rainfall and eased drought conditions across Hawaii, while Alaska, Puerto Rico, and the US Virgin Islands remain drought free. During the upcoming 3-month period, below-average precipitation favored for the Northwest combined with much below-normal mountain snow cover will likely lead to drought persistence and expansion.

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US Supreme Court Divided Over Bayer Roundup Cancer Lawsuits

By Cecelia Smith-Schoenwalder
US News
April 27, 2026
Category: Forestry
Region: United States

The Supreme Court on Monday heard oral arguments over an effort from agrochemical company Bayer to shut down thousands of lawsuits alleging the company failed to warn users of its popular weed killer Roundup that the product poses a cancer risk. It was unclear Monday which way the justices would fall, though several appeared receptive to the argument that Bayer can be sued for damages under state laws despite conclusions from federal regulators that the product is safe. Bayer has been defending against litigation over Roundup since its $63 billion purchase in 2018 of Monsanto, the company that introduced the herbicide. John Durnell alleged that he developed non-Hodgkin lymphoma because of his exposure to Roundup. …A jury in a Missouri state court awarded him $1.25 million in damages, and Bayer appealed. …The justices will decide whether thousands of lawsuits against Roundup’s maker, Monsanto, are allowed under federal law. 

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America’s Largest Landowner Is Using AI to Digitize the Forest

By Ryan Dezember
The Wall Street Journal
April 23, 2026
Category: Forestry
Region: United States

Autonomous skidders that drag felled trees around logging sites. A database detailing each tree in the forest. A screen that shows loggers which trees to cut and which to leave standing to maximize financial returns decades down the line. Weyerhaeuser, the country’s top logger and one of its oldest companies, is betting artificial intelligence can deliver these and other big changes to American forestry, which has come a long way from oxen and axes. Many applications envisioned by Weyerhaeuser executives are unique to a company that manages timberlands in the US and Canada that together cover an area roughly the size of Indiana. …Among the initiatives is the creation of a digital twin of Weyerhaeuser’s timberlands using satellite imagery, drone photography and lidar. …Weyerhaeuser is also studying semiautonomous logging equipment. At a meeting with investors, executives showed video of a driverless skidder, dragging freshly downed timber around a Southern logging site. [to access the full story a WSJ subscription is required]

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Carbon, Climate & Bioenergy

Warming temperatures and shifting precipitation patterns may exacerbate pest damage in North American forests

By Hannay Clipp, Kevin Potter, Matthew Peters et al
Nature Ecology & Evolution
April 17, 2026
Category: Carbon, Climate & Bioenergy
Region: United States

Climate change is expected to alter the extent and severity of forest pest damage, with substantial economic and ecological consequences, but predicting future pest impacts is challenging. Here we use 20 years of data to assess how bioclimatic and biotic factors have influenced forest damage by 30 high-impact pest species and to identify ecological signals in those relationships. We found consistency in pest damage responses to maximum temperature in the warmest month, including recent average conditions and shifts from a historical baseline. Mean damage from focal pest species tends to be higher in regions with moderate maximum temperatures and in regions with faster rates of warming. In certain cases, the direction and magnitude of relationships between climate and forest damage vary by pest guild, native status and region of occurrence. Our findings provide empirical support for expectations of climate-induced stress to host trees and temperature-boosted pest performance, leading to increased pest damage in future forests.

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Health & Safety

Canada Truck Operators Association Convenes to Advance Safety, Compliance, and Supply Chain Resilience

Canada Truck Operators Association
April 28, 2026
Category: Health & Safety
Region: Canada, Canada East

MONTREAL, Quebec — The Canada Truck Operators Association (CTOA) brought together more than 600 transportation and logistics professionals, policymakers, and industry leaders at a sold-out National Industry Appreciation & Information Session, marking one of the largest recent gatherings of Canada’s trucking sector. The event convened stakeholders from Québec and Ontario for focused discussions on supply chain resilience, operational realities, safety, and the evolving needs of Canada’s transportation industry. Keynote speaker Frank Baylis, former Member of Parliament, emphasized the foundational role of trucking in the national economy. …Federal and provincial leaders underscored the importance of collaboration between government and industry stakeholders. The symposium featured two solution-focused panels addressing: Managing Risk, Costs & Growth in Trucking: Insurance, Financing, AI & data-driven insights; and Building a Safer Trucking Industry – Maintenance, Responsibility & Practical Solutions.

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