Blog Archives

Opinion / EdiTOADial

Recognizing Transformational Change Before it Before it Reshapes the Forest Sector

By Robert McKellar, Principal, Harmattan Risk
Tree Frog Forestry News
August 10, 2026
Category: Opinion / EdiTOADial
Region: Canada, United States, International

Over the past year and a half, Tree Frog has periodically turned to political risk consultant Robert McKellar to help readers make sense of the forces reshaping the business environment for the North American forest sector. Most recently, in International Political Risk: Separating Noise From What Matters, Robert walked through how a political risk professional decides which of the world’s constant stream of headlines — tariffs, wars, trade disputes, sanctions — actually warrant a forest company’s attention, and which are just noise.

This time, Robert turns to a different, longer-running kind of risk — one that isn’t caused by any single event, but by a slow convergence of forces that can remake an entire industry over years, often without anyone recognizing it as it’s happening. Using two cases from the wood products sector — the rise of Chinese dominance in pulp and paper, and the decline of BC’s lumber industry — Robert shows how strategic risk hides in plain sight, and why it’s so often only clear in hindsight. The article closes on a practical question: if this kind of change is only clear in hindsight, how can companies improve their odds of catching it earlier? Robert’s answer is strategic risk management — less a set of day-to-day processes than a habit of thinking decades, not quarters, ahead.

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Business & Politics

Trump’s new U.S. customs rules could upend Canadian exports

By Tracy Moran
National Post
August 9, 2026
Category: Business & Politics
Region: Canada, United States

WASHINGTON, D.C. — Many Canadian exporters are facing the threat of 50% duties on their goods under Section 338 tariffs. …These firms may also need to increase their customs-bond coverage, which guarantees payment of duties and fees if an importer defaults, as higher tariffs increase the US government’s exposure. But trade lawyers and customs professionals say another change could affect far more Canadian exporters… an executive order that seeks to tighten US customs enforcement to crack down on trade fraud and shell importers that evade duties. “They’re going to a stricter importer regime … directing US authorities to strengthen the importer registration, bonding, disclosure, vetting, and enforcement,” said Martha Goncalves, at PwC Canada. …“The US trying to change the global trading system, and this is just part of their playbook,” she said. “Unfortunately, we get hit hardest because we have such a big footprint of Canadian exports going to the US”

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Lumber giant Interfor confirms plans to move corporate support to the U.S.

By Barbara Shecter
The Financial Post
August 7, 2026
Category: Business & Politics
Region: Canada, United States

Canadian lumber company Interfor Corp. confirmed plans Friday to move corporate support functions to the United States from its Burnaby, BC headquarters. “We recently announced the transition of certain corporate support roles to our Peachtree City office in Georgia, where the majority of our operations are located within the Central, Eastern and Atlantic time zones,” Ian Fillinger, the company’s CEO, said on a conference call with analysts. “This change is intended to better align our support functions with the needs of our business while maintaining a strong corporate presence in both Canada and the United States.” …“This is not a redomiciling of the company, nor does it alter our longstanding commitment within our Canadian operations, mills, employees, or communities,” Fillinger said. “Our leadership team remains in place, and Burnaby will continue to play an important role as our corporate headquarters.” [A subscription to the National Post is required for full access]

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Canada discussing trade concessions with the U.S. in return for some tariff relief

By Adrian Morrow and Mark Rendell
The Globe and Mail
August 7, 2026
Category: Business & Politics
Region: Canada, United States

Canada and the US are discussing a prospective deal in which Ottawa would agree to a long list of Trump administration trade demands in exchange for some relief on sectoral tariffs. According to three sources, the two sides have discussed in-depth proposals and traded written bargaining positions but an agreement has not yet been reached. …Canada would concede on a range of trade issues that the US considers the biggest bilateral trade irritants, including autos, alcohol dairy. …In return, the US. would lower sectoral levies, known as Sec. 232 tariffs, on steel and aluminum, with Ottawa also pushing for relief on autos and forest products. Canada is also hoping to avoid Trump’s latest round of threatened tariffs, scheduled to take effect in less than two weeks’ time. …The deal under discussion would represent only the first phase of trade talks and is being described as an “interim deal.” [to access the full story a Globe and Mail subscription is required]

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PM Carney says tone with U.S. already ‘quite firm’ as trade talks continue

By Émilie Bergeron
The Canadian Press in CTV News
August 5, 2026
Category: Business & Politics
Region: Canada, United States

OTTAWA — Prime Minister Carney said Canada’s tone toward the US is already “quite firm” and insisted trade negotiations with Washington remain “constructive” as an Aug. 19 deadline for new U.S. tariffs draws near. US President Trump has threatened to impose new 50% tariffs on a wide range of Canadian imports beginning Aug. 19. “We have time. We have real negotiations, constructive negotiations on several issues,” Carney said. The prime minister was asked whether Canada should change its strategy or adopt a tougher stance toward the Trump administration.Carney suggested now is not the time to shift course. He noted that Canada’s minister responsible for Canada-US trade, Dominic LeBlanc, is in Washington alongside Canada’s chief trade negotiator Janice Charette for a series of meetings aimed at advancing the talks. …Asked Wednesday about the possibility of export quotas, Carney declined to comment.

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Canada to impose temporary 25% tariff on some wood cabinets, vanities

The Canadian Press in Bloomberg
July 31, 2026
Category: Business & Politics
Region: Canada, International

Canada is imposing a temporary tariff on imports of some wood products as Ottawa awaits the findings of a probe into possible harmful practices in the global market. The federal government said in a news release that Canada will impose a 25% surtax on certain wood cabinets and vanities starting Friday. Those tariffs will be in place for a maximum of 200 days while the Canadian International Trade Tribunal investigates whether increased imports of those goods are threatening to harm Canada’s domestic producers. Wood cabinets and vanities manufactured in the United States, Mexico, Israel, Chile and developing nations will be exempt from the tariffs. The federal government said that’s in keeping with Canada’s international trade obligations. …Finance Minister François-Philippe Champagne asked for the Canadian International Trade Tribunal inquiry back in April at the request of the Canadian Wood Products Alliance. The tribunal is expected to report its findings by Jan. 15, 2027.

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North Cowichan seeks provincial partnership to unlock Crofton mill redevelopment

By Kendra Crighton
The Ladysmith Chemainus Chronicle
August 7, 2026
Category: Business & Politics
Region: Canada, Canada West

The Municipality of North Cowichan is asking the provincial government to help fund critical infrastructure projects it says are needed to support the redevelopment of the former Domtar pulp mill site in Crofton and future growth throughout the municipality. In a letter to Premier David Eby, Mayor Rob Douglas outlines several priorities related to the closure of the Crofton mill, including securing the community’s long-term drinking water supply, exploring the use of the site’s wastewater treatment facilities and investing in infrastructure needed to support industrial, commercial and residential development. Douglas said North Cowichan’s primary goal is to see the former mill property remain an industrial employment centre while restoring the stable industrial tax base the municipality relied on during the mill’s decades of operation. The Domtar pulp mill ceased operations earlier this year… prompting discussions about how the strategically located waterfront industrial property can be redeveloped for future growth.

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Valemount sawmill facing challenges

By Kevin Gibson
The Rocky Mountain Goat
August 6, 2026
Category: Business & Politics
Region: Canada, Canada West

VALEMOUNT, BC — The Valemount Industrial Park sawmill may be only weeks away from exhausting its remaining log supply, raising the prospect of another curtailment and further layoffs unless additional fibre can be secured. The issue at hand is that there are no new logging contracts for the mill. During a lengthy and at times tense board discussion on July 29th, members were told the mill had approximately 15 to 20 operating days of logs left. …The looming end of the log supply means the board may soon face a decision larger than how to measure the mill’s performance. Without a new source of fibre, the board will have to determine whether to curtail operations, reduce costs and wait for market conditions to change, or continue trying to keep the mill operating with help from Industrial Park lease revenue.

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Trump’s Aug. 19 tariffs could hit Northern Ontario forestry and SMEs

NetNewsLedger
August 10, 2026
Category: Business & Politics
Region: Canada, Canada East

THUNDER BAY — Northern Ontario businesses are facing another period of trade uncertainty as United States President Donald Trump prepares to impose an additional 50 per cent tariff on a wide range of Canadian products. …For Northern Ontario, the greatest immediate concern is likely to be forestry, wood and paper products and smaller manufacturers selling into the U.S. market. …FedNor says 96% of Ontario’s forestry exports go to the United States. It also identifies 10 Northern Ontario communities where at least 20 per cent of community income is connected to forestry. Ontario’s forest sector supported more than 128,000 direct and indirect jobs provincewide in 2024. …The tariff schedules are product-specific and some forest products are already covered by other U.S. trade measures. …For Northern Ontario sawmills, paper producers and secondary wood manufacturers, the risk comes from both the tariff itself and the uncertainty surrounding it.

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New Brunswick’s AV Nackawic temporarily halts wood deliveries

By Shana Grey
The Telegraph-Journal
August 10, 2026
Category: Business & Politics
Region: Canada, Canada East

NEW BRUNSWICK — AV Nackawic has temporarily stopped accepting deliveries of wood products due to “sufficient wood inventory to support its near-term operating requirements,” the company said, but did not say when deliveries might restart. According to notices circulated to suppliers and posted by the York, Sunbury and Charlotte (YSC) Forest Products Marketing Board, the Nackawic mill stopped accepting deliveries of roundwood, chips and biomass from all sources effective 5 p.m. last Friday. The mill, a major employer in central and western New Brunswick, manufactures cellulose for textiles from wood pulp. “Reducing incoming deliveries will allow AV Group to bring inventories into balance and manage the timing of cash tied up in the production cycle,” the company said. …Unifor Local 219, which represents workers at the Nackawic mill, said it was caught off guard by the announcement and reached out to the company for an explanation.

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FPAC Calls for Forestry-Specific Rail Strategy as Transportation Costs Squeeze Canadian Mills

By James Murray
The Net News Ledger
August 10, 2026
Category: Business & Politics
Region: Canada, Canada East

OTTAWA — Canada’s forest-products industry is urging the federal government to develop a forestry-specific approach to rail transportation costs and reliability, arguing that the sector faces different competitive pressures than steel and other heavy industries. …For Northwestern Ontario the issue is particularly significant. Mills are often located hundreds of kilometres from major markets, ports and border crossings, making reliable and competitively priced rail service critical to maintaining production and jobs. …According to FPAC, the average shipment of Canadian forest products travels roughly 1,200 kilometres over land…. amount to between $2 billion and $3 billion annually. For mills across Northwestern Ontario, transportation reliability can influence inventory levels, production schedules, export competitiveness and ultimately employment. …For Northwestern Ontario, the rail-cost debate comes at a time when the forest sector is already dealing with pressures from international trade, changing lumber markets, energy and labour costs and the need for continued investment in mills and equipment.

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A 40-year trade fight is the easiest deal Trump could make this year

By Robert Ordway
The Washington Examiner
August 6, 2026
Category: Business & Politics
Region: United States

President Trump has made housing affordability a defining commitment of his second term by moving aggressively to build more housing. …If these efforts succeed, America could see its fastest expansion in homebuilding in decades. But a significant blind spot remains. For decades, the US has imposed import tariffs on Canadian softwood lumber, constraining supply, and raising prices. …The solution is not complicated, and it is already within reach: Use the bilateral trade talks that the USMCA review has set in motion to finally resolve the US-Canada softwood lumber dispute. ..For Trump, resolving this dispute is a two-for-one win. It would secure concessions that Canada was unwilling to give during his first term, and helps the White House reduce the cost to build a home. …As conservatives, it is imperative that we demonstrate that our policy agendas materially benefit American workers. The USMCA talks remain the fastest path to making it happen.

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Kimberly-Clark cuts annual forecasts as China quality claims hurt diaper sales

By Neil Kanatt and Alexander Marrow
Reuters
August 4, 2026
Category: Business & Politics
Region: United States

Kimberly-Clark cut annual sales and profit forecasts on Tuesday and said false claims about its ‌diaper quality in China will continue to be a problem after hurting second-quarter sales. The Kleenex maker cited independent testing by a government-certified third party to refute Chinese social media claims that its Huggies diapers contained formamide. Chinese media ​reported in June that Huggies and two Chinese brands Babycare and ​Bibabebe tested positive for the toxic substance that can irritate the skin, eyes and breathing ⁠if inhaled. …The China hit overshadowed broader progress in Kimberly-Clark’s cost-saving and transformation ​efforts, adding another challenge to the company, which, like its peers, is grappling ​with meeting the ⁠needs of financially stretched consumers. Last month, Kimberly-Clark finalized a 51% stake sale in its international tissue business ⁠to Suzano, ​creating the $3.4 billion Arbex joint venture to compete with rivals Procter & Gamble and ​Essity.

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U.S. states sue to stop Trump’s forced labour tariff on dozens of countries

By Sean Boynton
Global News
August 3, 2026
Category: Business & Politics
Region: United States

More than two dozen US states filed a lawsuit Monday seeking to strike down President Trump’s tariffs on 60 trading partners — including Canada — over forced labour concerns, arguing he exceeded his authority. The tariffs were announced last month under Section 301 of the U.S. Trade Act of 1974. …But the lawsuit, filed by Oregon and 24 other Democrat-led states in the U.S. Court of International Trade in New York, argues the tariffs are simply meant to replace Trump’s previous temporary 10% global tariff that expired just as the new duties were announced. The timing “confirms that the tariff action is pretextual, arbitrary, capricious, and contrary to Section 301’s statutorily constrained purpose,” the statement of claim says. …The tariff action merely attempts to continue the president’s blanket global tariff policy, and the attempt ‘to obtain the elimination’ of forced labor in trading partners’ supply chains is pretextual, it is unlawful,” the court document says.

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Chris Walton Named Chief Executive Officer of Hampton Lumber

Hampton Lumber
August 5, 2026
Category: Business & Politics
Region: United States, US West

Chris Walton

PORTLAND, Oregon — Hampton Lumber announced the appointment of Chris Walton as Chief Executive Officer. Walton succeeds Steve Zika, who has served as Interim CEO since December 2025. Over the past thirty years, Walton has held leadership positions at the company across multiple departments, including manufacturing, finance, information technology, and business development. Prior to his appointment as CEO, Walton served as Hampton’s Chief Financial Officer, helping to guide the company’s growth, strategic investments, and long-term business planning. “Chris has played an instrumental role in Hampton’s success and has earned the trust and respect of our employees, business partners, and the Hampton family,” said Zika. “He brings a deep understanding of our business and company culture and offers a clear vision for Hampton’s future.”

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APA welcomes Tony Hamill and Chris Evans to its Board of Trustees

APA – The Engineered Wood Association
August 4, 2026
Category: Business & Politics
Region: United States, US West

Chris Evans

Tony Hamill

APA – The Engineered Wood Association today announced the appointment of Tony Hamill, COO of LP, and Chris Evans, President of Timberlab, to its Board of Trustees. …”Tony and Chris each bring a rare combination of engineering expertise and real-world manufacturing leadership to our board,” said APA President Mark Tibbetts. …Hamill, has led major capacity expansion initiatives, including four strategic mill conversions and the growth of LP’s ExpertFinish® operations. He holds a Bachelor of Science in Electrical Engineering from the University of New Brunswick and previously held leadership roles at Stantec and Roseburg Forest Products. Evans has led Timberlab’s growth since launching the company’s specialized mass timber division within Swinerton in 2017. Under his leadership, Timberlab now operates five facilities. Evans holds a Master of Science in International Construction Management from the University of Florida.

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Western Forest Products continues curtailment of mill operations in Cowichan Bay

By Sarah Simpson
The Ladysmith Chemainus Chronicle
August 3, 2026
Category: Business & Politics
Region: Canada, US West

COWICHAN BAY, BC — Western Forest Products has announced the extension of their Cowichan Bay Sawmill curtailment until the fall. The move leaves 54 employees without work, said Brian Butler, president of United Steelworkers Local 1-1937. The Cowichan Bay workers join the 120 workers from the Chemainus Sawmill, who have been curtailed indefinitely since June 2025. “Beyond what WFP has advised about the Cowichan Bay Sawmill curtailment lasting through September, we have no information beyond that,” Butler noted. …“It remains a very difficult period of time for our members in these operations,” Butler said. …WFP spokesperson Kelly Marion said the Cowichan Bay mill closure is “in response to persistently weak market conditions.” She added that the company is continuing “to work to mitigate the impact on employees by providing work opportunities at our other operations where possible.”

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Thompson secures more than $1.5M in grants for Pennsylvania’s timber industry

By Kieran Woynicz
The Leader Times
August 10, 2026
Category: Business & Politics
Region: United States, US East

Glenn Thompson

BELLEFONTE, Pennslyvania – US Rep. Glenn Thompson recently announced $1,552,631 in funding for forestry businesses in Pennsylvania’s 15th Congressional District to support forest management, increase production capabilities, improve processing equipment and technologies, and support our rural economy. Wood Innovation Grants were awarded to the following businesses:

  • Brownlee Lumber of Brookville. Funding to upgrade sawmill production
  • Emporium Hardwoods of Emporium. Funding to install sawmill technologies
  • Forcey Lumber Company of Woodlan. Funding to upgrade veneer processing
  • Gutchess Lumber of Brookville. Funding to install sawmill technologies
  • Northwest Hardwoods of Marienville. Funding to upgrade sawmill equipment
  • Wheeland Lumber of Liberty. Funding to upgrade sawmill equipment

This funding from the U.S. Forest Service is a part of the Wood Innovation Grant Program.

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Matt Pomeroy Named Incoming President of Northeastern Lumber Manufacturers Association (NELMA)

Northeastern Lumber Manufacturers Association
August 10, 2026
Category: Business & Politics
Region: United States, US East

Jeff Easterling

Matt Pomeroy

The Northeastern Lumber Manufacturers Association (NELMA) board has named Matt Pomeroy as the next president of the 93-year-old wood association. Pomeroy, who currently serves as NELMA’s director of inspection services, will assume the role on January 1, 2027, following the retirement of current NELMA President Jeff Easterling, who has held the job for 25 years. “Matt has been part of NELMA’s growth for two decades and he knows our industry and our members inside and out,” said Matt Duprey, chief sales officer at Hancock Lumber and the current board chair of NELMA. Pomeroy started his career at NELMA in 2007, rising to his current position in January 2013. ..NELMA serves as the primary lumber grading agency and wood packaging inspection service throughout New England and into the Great Lakes region.

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Fire at Cross City lumber mill under control; investigation underway, officials say

By Ryan Wyatt Tuberville and Anna Alvarez
WCJB ABC News
August 4, 2026
Category: Business & Politics
Region: United States, US East

CROSS CITY, Florida – Firefighters were able to bring a fire at a lumber mill in Dixie County under control after it ignited on Sunday. On Monday, Dixie County Fire Rescue officials said the fire at Suwannee Lumber Mill was under control and that they were working to extinguish the remaining hot spots. No mill staff or firefighters were hurt in the blaze. Officials with the Domtar Cross City Sawmill say the fire started in the #3 Kiln on Sunday morning. They say the cause of the fire remains under investigation. The area where the fire occurred will remain closed until further notice. The rest of the mill will resume normal operations. “Domtar appreciates the prompt response and support from our local emergency responders,” the company stated in part. “The safety of our employees and community remains our top priority.”

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U.S. Lumber Coalition Rejects Canada’s Demands to Drop Successful Trade Law Enforcement Measures

The US Lumber Coalition
July 31, 2026
Category: Business & Politics
Region: United States, US East

Canadian federal and provincial governments have deployed over $3 billion dollars in new subsidies over the last year in an attempt to maintain Canada’s massive excess lumber capacity and production. As stated by Canadian officials, the goal of these new subsidies is to neutralize the impact of US antidumping and countervailing duties as well as President Trump’s Section 232 tariff measures. …“If Canada doesn’t like being subject to duties and tariffs, then all Canada needs to do is dismantle its massive excess lumber capacity, stop dumping their excess production into the US market to the detriment of U.S. mills and workers,” stated Zoltan van Heyningen, Executive Director. …“Canadian producers and government officials have the audacity to demand that the US drop its trade law enforcement measures and open up our market to even more unfair trade,” stated Steve Swanson, CEO of Swanson Group and Chair of the U.S. Lumber Coalition. 

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Fire at Smurfit Westrock’s Townsend Hook mill

By Frauke Schmidt
EUWID Pulp and Paper
August 10, 2026
Category: Business & Politics
Region: International

ENGLAND — A fire broke out at the recovered fibre depot at Smurfit Westrock’s Townsend Hook paper mill in Snodland, Kent, at around 7.30 on Monday, 10 August. Smurfit Westrock said there had been no injuries and that the situation was under control following the response by emergency services and mill staff. The company declined to comment further on whether recovered paper stocks had been destroyed, whether operations at the depot had resumed or whether the incident was affecting paper production at the mill. Kent Fire and Rescue Service had earlier reported a fire at industrial premises in Mill Street, Snodland. The paper machine at the mill has a design capacity of 250,000 tpy of recycled containerboard. [END]

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European sawmilling giant Binderholz Group agrees acquisition of Finnish sawmiller Kuhmo Oy

By Stephen Powney
The Timber Trades Journal
August 4, 2026
Category: Business & Politics
Region: International

Binderholz Group has agreed the acquisition of the entire share capital of leading Finnish sawmiller Kuhmo Oy. The transaction, subject to approval by the relevant competition authorities, would see Binder take on ownership of the 500,000m3 sawn timber capacity Kuhmo mill, as well as Juntinsalo Oy which serves as the real estate company of the Kuhmo Group. The purchase would be made by Binder Beteiligungs AG, a company belonging to the Binderholz Group. Kuhmo processes over 1 million solid cubic meters of roundwood annually, with 80% of sawn timber produced being pine and 20% spruce. The sawmill generates annual revenue of approximately €150m and employs 180 people. …The parties see significant opportunities in production development, expansion of export markets, and the utilization of new wood-based products and solutions.

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Fibre Excellence split by court rulings as Tarascon is liquidated and Saint-Gaudens receives last-minute reprieve

METissue
July 30, 2026
Category: Business & Politics
Region: International

FRANCE — The judicial restructuring of Fibre Excellence, France’s sole domestic producer of commercial market pulp, has reached a critical stage following a series of decisive rulings by the Toulouse Commercial Court. The court formally rejected the only comprehensive takeover offer for the group, submitted by French financier Matthieu Pigasse. …Following the rejection of the group-wide acquisition plan, the court issued separate rulings concerning Fibre Excellence’s two pulp mills, resulting in contrasting outcomes for the company’s production sites. …Judicial Liquidation of Fibre Excellence Provence (Tarascon) – the court ordered the judicial liquidation of Fibre Excellence Provence, which operates the Tarascon pulp mill in the Bouches-du-Rhône region, along with its green energy subsidiary Biowatt SAS. …In contrast, the Saint-Gaudens pulp mill in Haute-Garonne has received a temporary extension after a late-stage expression of interest emerged from Soprema, a French multinational specializing in waterproofing, insulation, and sustainable building solutions.

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Maryvale paper mill cuts 84 jobs, blaming Victorian government for lack of timber

By Zaida Glibanovic and Bec Symons
ABC News, Australia
July 30, 2026
Category: Business & Politics
Region: International

AUSTRALIA — A major employer in Victoria’s east has blamed the state government’s failure to supply timber for its decision to axe 84 jobs. Opal Australian Paper operates the Maryvale paper mill, near Morwell in the Latrobe Valley. It was Australia’s last remaining manufacturer of white paper until early 2023, when it ceased production and cut 156 jobs. Opal Australian Paper said the latest round of job cuts announced today followed a “detailed review of operations”. “The end of white paper production has significantly changed the operational footprint of the Mill, and the site has been working to right-size its operations as a kraft and recycled paper manufacturer,” the company said. …The Timber, Furnishing and Textiles Union said the union and workforce did not learn about the decision until about 8.40pm Thursday. “To say it’s a little bit of a shock is an understatement,” union president Denise Campbell-Burns said.

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Finance & Economics

Mercer reports Q2, 2026 net loss of $76M

Mercer International Inc.
August 6, 2026
Category: Finance & Economics
Region: Canada, United States

NEW YORK, NY — Mercer International reported second quarter 2026 Operating EBITDA of negative $21.0 million, a decrease from negative $20.9 million in the same quarter of 2025 and positive $7.8 million in the first quarter of 2026. In the second quarter of 2026, net loss was $76.0 million compared to $86.1 million in the same quarter of 2025 and $52.0 million in the first quarter of 2026.  Mr. Juan Carlos Bueno, Chief Executive Officer, stated: “Our pulp sales realizations remained steady this quarter, as continued economic uncertainty delayed market recovery. Our second quarter results were also weighed down by rising European fiber costs, driven by regional supply shortages and intense competition for sawmill residuals from energy producers. As a result, we recognized a non-cash impairment of $29.0 million primarily against pulp and fiber inventory.

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Lumber Futures Fall for 10 Straight Sessions as US Housing Cracks Widen

By Jakub Dziadkowiec
Yahoo! Finance
August 6, 2026
Category: Finance & Economics
Region: Canada, United States

Lumber futures have fallen for 10 consecutive sessions, their longest losing streak since December 2024. The lumber price trades near $586 after a sharp rejection from the $650 resistance zone. The slide matters well beyond the timber trade. Lumber demand tracks US homebuilding almost one to one, and the streak arrived while builder confidence sits near multi-year lows. …Two weeks ago, however, the market told the opposite story. Futures touched $650 per thousand board feet on July 28, a 12-month high. The rally had gained over 30% from December lows as supply shocks piled up. …US construction spending on single-family projects fell 3.3% year-over-year in June, per TradingEconomics. Therefore, a market falling this hard against a constrained supply base points to demand destruction, not oversupply. The demand rot shows up across housing data. The NAHB/Wells Fargo Housing Market Index (HMI) fell to 34 in July, its 15th straight month below 50. That is the longest weak stretch since 2012.

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U.S. share of Canada’s softwood lumber exports falls to 89% in first half of 2026

The Lesprom Network
August 6, 2026
Category: Finance & Economics
Region: Canada, United States

The United States’ share of Canada’s softwood lumber exports fell by 1 percentage point to 89% in January-June 2026. Canada exported 13.2 million m3, down 12%, while export value fell 26% to $2.45 billion and the average price declined 16% to $186 per m3. …Shipments to the US fell 13% to 11.7 million m3, a reduction of 1.73 million m3 from a year earlier. Export value dropped 29% to $2.02 billion, and the average price fell 18% to $172 per m3. The listed destinations with higher shipments added 77 thousand m3, equal to about 4% of the US shortfall. Declines in Japan, the Philippines, Germany and the remaining destinations totaled 128 thousand m3, leaving total non-U.S. exports down 51 thousand m3, or 3%, at 1.50 million m3. China remained Canada’s second-largest market with a 4% share. Shipments rose 3% to 525 thousand m3. Japan ranked third with a 3% share, but shipments fell 19% to 373 thousand m3. Taiwan accounted for 1.4%, the Philippines retained a 0.8% share, Mexico rose to 49 thousand m3,Germany received 33 thousand m3.

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Interfor reports Q2, 2026 net earnings of $1M

Interfor Corporation
August 6, 2026
Category: Finance & Economics
Region: Canada, United States

BURNABY, BC — Interfor reported its second quarter of 2026 results. The company recorded net earnings in Q2’26 of $1.0 million, compared to a net loss of $63.3 million, and net earnings of $11.1 million in Q2’25. Adjusted EBITDA was $92.3 million on sales of $804.4 million in Q2’26 versus $30.7 million on sales of $643.2 million in Q1’26 and Adjusted EBITDA of $17.2 million on sales of $780.5 million in Q2’25. ….Lumber production of 927 million board feet was up 71 million board feet versus the preceding quarter driven primarily by the ramp up of the recently rebuilt Thomaston, GA sawmill. …The Company is well positioned to navigate this volatility with a diversified product mix in Canada and the US, with approximately 65% of its total lumber produced and sold within the US Ultimately, only about 20% of the Company’s total lumber production is exported from Canada to the U.S. and exposed to duties, tariffs or other potential trade measures.

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Home-Building Is Sputtering, but Lumber Prices Haven’t Been So High in Years

By Ryan Dezember
The Wall Street Journal
August 5, 2026
Category: Finance & Economics
Region: Canada, United States

Home sales are slumping, renovation spending is losing steam and yet lumber prices have risen this summer to their highest level in four years. Back in 2022, the price of two-by-fours was falling back to earth after a record-setting spike during Covid. …This time around, reduced supply rather than unyielding demand has driven lumber prices higher. Imports are down due to steep duties on Canadian boards and President Trump’s 10% softwood lumber tariff. Meanwhile, low prices last year prompted sawmill curtailments and closures from BC to northern Florida. …Home builders… say the run-up in prices has become a headwind and will filter through to the cost of houses. Yet lumber futures, which are down about 12% from their high in late July, suggest that wood prices may have peaked for this year. …“I don’t anticipate that those mills that have been shut down are going to come back,” said Weyerhaeuser CEO Devin Stockfish. [to access the full story a WSJ subscription is required]

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Taiga Building Products reports Q2, 2026 net income of $16M

By Taiga Building Products Ltd.
PR Newswire
August 7, 2026
Category: Finance & Economics
Region: Canada, Canada West

BURNABY, BC — Taiga Building Products reported its financial results for the three and six months ended June 30, 2026 and 2025. The Company’s consolidated net sales for the quarter ended June 30, 2026 were $426.6 million compared to $441.0 million over the same period last year. The decrease in sales of $14.4 million or 3% was largely due to a lower average pricing as well as product mix over the quarter. Net earnings for the quarter ended June 30, 2026 increased to $16.1 million from $15.1 million over the same period last year, primarily due to increased gross margin dollars and lower selling and administration expenses. EBITDA for the quarter ended June 30, 2026 was $25.3 million compared to $23.5 million for the same period last year.

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GreenFirst reports Q2, 2026 net income of $5.5 million, and CEO transition plan

By GreenFirst Forest Products Ind.
Businesswire
August 10, 2026
Category: Finance & Economics
Region: Canada, Canada East

NORTH BAY, Ontario — GreenFirst Forest Products announced results for the second quarter and two quarters ended June 27, 2026. Q2 2026 net income was $5.5 million, compared to net loss of $20.7 million in Q1 2026. Adjusted EBITDA for Q2 2026 was positive $11.8 million compared to negative $15.1 million in Q1 2026. …Net sales were $96.1 million in Q2 2026, an increase of approximately 59% compared to Q1 2026. The increase in net sales was primarily driven by higher shipments and higher realized pricing during the quarter, despite continued pressure from elevated duties and tariffs applicable to Canadian softwood lumber exports. …Average realized lumber prices increased to $764/mfbm in Q2 2026, compared to $666/mfbm in Q1 2026, reflecting stronger benchmark lumber markets and improved pricing conditions during the quarter. …GreenFirst also announce the resignation of CEO, Joel Fournier effective October 31, 2026, for personal reasons. GreenFirst will commence a search process for the new CEO and will keep the market updated.

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Cascades reports Q2, 2026 net earnings of $21M

By Cascades Inc.
PR Newswire
August 6, 2026
Category: Finance & Economics
Region: Canada, Canada East

KINGSEY FALLS, Quebec — Cascades reported its unaudited financial results for the three-month period ended June 30, 2026. The Corporation’s second quarter sales of $1,219 million increased by $32 million compared with the same period last year. This increase reflects consolidated net benefits of $13 million from higher average selling prices and a favourable sales mix of $21 million. …For the three-month period ended June 30, 2026, the Corporation posted net earnings of $21 million compared to a net loss of $(3) million, in the same period of 2025. On an adjusted basis, the Corporation posted net earnings of $24 million in the second quarter of 2026 compared to net earnings of $19 million in the same period of 2025. …Hugues Simon, President and CEO, commented: “Our second quarter results exceeded expectations, driven by a stronger performance in Packaging.”

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Stella-Jones reports Q2, 2026 net income of $61M

Stella-Jones Inc.
August 6, 2026
Category: Finance & Economics
Region: Canada, Canada East

MONTREAL, Quebec – Stella-Jones announced financial results for its second quarter ended June 30, 2026. …Sales for the second quarter of 2026 were $1,042 million, up eight million dollars, versus sales of $1,034 million for the second quarter of last year. Excluding the $29 million contribution from the acquisition of Brooks Manufacturing, pressure-treated wood sales decreased by $13 million, or 1%. …Adjusted EBITDA of $167 million, or 16.0% margin compared to $189 million, or 18.3% margin in Q2, 2025. Net income was $61 million compared to $106 million in Q2. …This performance reflected higher wood utility poles sales, largely offset by the lower market price of lumber for residential lumber and lower volumes in railway ties. Logs and lumber sales declined by eight million dollars, or 31%, primarily due to a reduction in logs trading activity. …Eric Vachon, President and CEO of Stella-Jones said “We expect margin performance to improve in the second half of the year.”

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US says crude oil stockpiles have fallen to just over two weeks supply

Numera Analytics
August 11, 2026
Category: Finance & Economics
Region: United States

Click to Enlarge

Yesterday, the US Department of Energy reported that crude oil stockpiles in the Special Petroleum Reserve (SPR) have fallen below 300 million barrels, equivalent to just over two weeks of supply. Today’s chart shows that since the closure of the Strait of Hormuz, the US and other IEA members have depleted some 280 million barrels of their reserves. Re-routing, SPR releases and weak demand (largely in China) have collectively absorbed most of the output loss from Hormuz. Absent these counterweights, the oil market would face a deficit of 17 million barrels a day. Instead, it faces a more manageable shortfall of 2.5 million barrels / day. …Many of these offsets are either exhausted or unsustainable. In this context, we find a 72% chance that Brent trades above current levels over the next three months. For oil to fall sustainably, a potential Iran-Oman agreement would have to last. 

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U.S. Labor Market Softens in July

By Jing Fu
NAHB Eye on Housing
August 7, 2026
Category: Finance & Economics
Region: United States

The U.S. labor market weakened in July, with nonfarm payrolls down 23,000 and downward revisions cutting another 103,000 jobs from May and June. Although the unemployment rate edged lower to 4.1%, the decline reflected a smaller labor force rather than stronger hiring, as overall participation fell to its lowest level since early 2021. July marked the 7th monthly job loss over the last year and a half. Wage growth also cooled, with average hourly earnings rising 3.2% year-over-year in July to $37.62, down from 3.4% in June and the slowest pace of 2026. Despite the slowdown, wage gains continue to outpace inflation, consistent with productivity-supported real wage growth. …Employment in the overall construction sector rose by 22,000 jobs in July, following a gain of 5,000 in June. Within the industry, residential construction employment edged up by 2,100, its first monthly increase in four months, while non-residential construction added approximately 20,000 jobs.

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North American lumber markets are rebalancing. Here’s what buyers need to understand next.

By DustinJalbert
RISI Fastmarkets
August 6, 2026
Category: Finance & Economics
Region: United States

After widespread sawmill curtailments and closures in 2025, alongside a significant reduction in imports from Canada and Europe, supply is aligning more closely with underlying demand. Sawmill operating rates have improved and prices have gradually recovered from the lows seen last year. Yet rebalancing has not made the market easier to navigate. Instead, buyers, sawmill operators and construction market participants face a new challenge: understanding how rising costs, housing weakness, trade policy and broader economic trends are influencing the market simultaneously. One of the most important distinctions in the current market is that stronger prices do not automatically mean stronger demand. The key implication: Markets can experience higher prices even when demand remains relatively subdued, particularly when supply has contracted faster than consumption. …Energy costs, housing affordability and AI-related infrastructure investment are creating new pressures across the wood products supply chain.

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US Mortgage Rates Climb Again as Iran Conflict Re-escalates

By Catherine Koh
NAHB Eye on Housing
August 6, 2026
Category: Finance & Economics
Region: United States

Re-escalation of the conflict in Iran pushed mortgage rates higher in July. According to Freddie Mac, the 30-year fixed-rate mortgage averaged 6.54% in July, up 5 basis points (bps) over June. Since the conflict in the Middle East began, the 30-year mortgage rate has climbed by almost 50 bps. The average 15-year rate averaged 5.91% in July, up 9 bps from June, and up 48 basis points since the end of February. Compared to a year ago, the 30-year rate remains lower by 18 bps, however, the 15-year rate is now higher by 5 bps. The 10-year Treasury yield, a key benchmark for long-term borrowing, rose 10 bps to an average of 4.58% in July as renewed attacks in the Strait of Hormuz heightened concerns about energy supplies and inflation. The yield rose sharply, ending July at 4.67%, 23 bps above its June closing level.

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JPMorganChase doubles down on housing, aiming to deploy $750 billion through 2035—up by more than $200 billion

JPMorganChase
August 3, 2026
Category: Finance & Economics
Region: United States

JPMorganChase today announced the firm intends to deploy over $750 billion through 2035 to increase housing supply and support homeownership in the United States. This marks a nearly 40% increase in the firm’s housing capital deployment compared to the past decade, and includes financing for 1,000,000 affordable housing units and helping 500,000 homebuyers purchase homes. This announcement is part of JPMorganChase’s American Dream Initiative. …As the nation’s largest multifamily lender and residential bank mortgage lender, JPMorganChase has a track record of expanding affordable housing supply and supporting homeownership, bringing the scale and expertise needed to help address the country’s housing challenges.

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US Residential Construction Spending Slips as Remodeling Activity Weakens

By Catherine Koh
NAHB Eye on Housing
August 3, 2026
Category: Finance & Economics
Region: United States

Private residential construction spending declined 0.3% in June, while substantial downward revisions to improvement (remodeling) spending significantly altered the sector’s recent trajectory. …Although remodeling was the only residential category to increase in June, the gain was modest at 0.1%. When compared to a year ago, spending has declined 7.2%. …Revisions to single-family and multifamily construction spending were minor and did not alter the direction of their monthly movements. …The NAHB construction spending index illustrates how spending on single-family construction has slowed since early 2024, reflecting the impacts of elevated interest rates and ongoing uncertainty over building material tariffs. Multifamily construction spending growth has also slowed down after the peak in June 2023, with the index largely plateauing since late 2024.

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US real GDP increased at an annual rate of 1.5% in the second quarter of 2026

US Bureau of Economic Analysis
July 30, 2026
Category: Finance & Economics
Region: United States

Real gross domestic product (GDP) increased at an annual rate of 1.5%  in the second quarter of 2026, according to the advance estimate released by the U.S. Bureau of Economic Analysis (BEA). In the first quarter, real GDP increased 2.1 percent. The contributors to the increase in real GDP in the second quarter were increases in consumer spending, investment, and exports that were partly offset by a decrease in government spending. Imports, which are a subtraction in the calculation of GDP, increased. Compared to the first quarter, the deceleration in real GDP in the second quarter reflected a downturn in government spending and decelerations in investment and exports that were partly offset by an acceleration in consumer spending. Imports increased more in the second quarter than in the first quarter.

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Boise Cascade reports Q2, 2026 net income of $57.3M

By Boise Cascade Company
Business Wire
August 3, 2026
Category: Finance & Economics
Region: United States, US West

BOISE, Idaho –Boise Cascade reported net income of $57.3 million on sales of $1.8 billion for the second quarter ended June 30, 2026, compared with net income of $62.0 million on sales of $1.7 billion for the second quarter ended June 30, 2025. Second quarter 2025 results included $5.8 million of after-tax gains on the sale of non-operating properties. …Building Materials Distribution sales increased $82.6 million, or 5%, to $1,697.5 million from $1,614.9 million for the three months ended June 30, 2025. …Similarly, Wood Products’ sales, including sales to BMD, increased $12.4 million, or 3%, to $459.6 million from $447.2 million. …Jeff Strom, CEO said “The recent announcement of our expanded partnership with James Hardie to become the sole nationwide distributor of their full portfolio further strengthens our ability to distinguish ourselves in the marketplace.”

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Clearwater Paper reports Q2, 2026 net loss of $21M

Clearwater Paper Corporation
Business Wire
July 28, 2026
Category: Finance & Economics
Region: United States, US West

SPOKANE, Washington — Clearwater Paper reported financial results for the second quarter ended June 30, 2026. For the second quarter of 2026, Clearwater Paper reported net sales of $375 million, compared to $392 million in the second quarter of 2025. The company reported a net loss from continuing operations of $21 million, compared to net income from continuing operations of $4 million in the prior‑year period. Adjusted EBITDA from continuing operations was negative $8 million for the second quarter of 2026 compared to positive of $40 million in the second quarter of 2025. …“We executed well in Q2, successfully completing the Lewiston major maintenance outage while reducing costs at our Cypress Bend facility. …We also significantly reduced our net debt during the quarter while continuing to invest in our assets,” said Arsen Kitch, CEO.

 

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Rayonier reports Q2, 2026 net income of $19M

Rayonier Inc.
August 5, 2026
Category: Finance & Economics
Region: United States, US East

WILDLIGHT, Florida — Rayonier reported second quarter net income attributable to Rayonier of $19.1 million on revenues of $396.5 million. This compares to net income attributable to Rayonier of $408.7 million on revenues of $106.5 million in the prior year quarter. The second quarter results included $10.2 million of costs related to the merger with PotlatchDeltic and timber write-offs resulting from a casualty event of $2.3 million. Excluding these items… second quarter net income was $31.5 million. This compares to net income of $9.6 million in the prior year period. …Mark McHugh, President and CEO said, “We maintained a strong focus on operational execution during the quarter, while continuing to make significant progress on our integration priorities and positioning the combined company to realize the strategic and financial benefits of the merger.”

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BlueLinx reports Q2, 2026 net income of $6.4M

By BlueLinx Holdings Inc.
Businesswire
August 4, 2026
Category: Finance & Economics
Region: United States, US East

ATLANTA — BlueLinx reported financial results for the fiscal three months ended July 4, 2026. In second quarter 2026, net sales were $814 million, an increase of $34 million, or 4.4%, compared to the fiscal three months ended June 28, 2025. Sales growth in the current quarter was attributable to both specialty products and structural products. …Net sales of specialty products, which include product types such as engineered wood, siding, millwork, outdoor living, specialty lumber and panels, and industrial products, were $564 million, an increase of $21 million, or 3.8% compared to second quarter 2025. …Net sales of structural products, which include product types such as lumber, panels (including plywood and oriented strand board), rebar, and remesh, were $250 million, an increase of $13 million, or 5.6%, compared to second quarter 2025.

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Drax cuts wood pellet output as Canadian fibre market tightens

Drax in Lesprom Network
July 30, 2026
Category: Finance & Economics
Region: United States, US East

Drax’s Pellet Production adjusted EBITDA fell 14% to £64 million in the first half of 2026 from £74 million a year earlier, as production declined and internal sales prices fell. Pellet output decreased to 1.9 million metric tons from 2.1 million metric tons, according to Drax Group. The lower production reflected the closure of the Williams Lake pellet plant in Canada and outages at facilities in the U.S. South. Drax also weighted more production toward the second half of 2026 to align pellet supply with expected generation at Drax Power Station. Market conditions affected the Canadian business through limited fibre availability and lower margins. Canadian operations otherwise performed well during the period, while Drax continued a strategic review of the business. Cost reductions in the U.S. South also lowered Pellet Production earnings under Drax’s cost-plus transfer-pricing system.

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International Paper reports Q2, 2026 net loss of $18M

By International Paper
PR Newswire
July 30, 2026
Category: Finance & Economics
Region: United States, US East

MEMPHIS, Tenn. — International Paper announced results for the quarter ended June 30, 2026. The company reported a loss from continuing operations of $12 million on net sales of $6.00 billion, compared with earnings from continuing operations of $76 million on net sales of $5.97 billion in the Q1 2026. Cash provided by operating activities was $526 million, and free cash flow was negative $7 million. …In the Packaging Solutions North America segment, Q2 2026 operating profit was $204 million, compared with $248 million in the Q1.   In the Packaging Solutions EMEA segment, Q2 2026 operating loss was $80 million, compared with a loss of $51 million in the Q1. …CEO Andy Silvernail said “In North America, we improved mill performance, while continuing to grow box volumes and remain on track to outperform the market. In EMEA, we accelerated cost-out actions, advanced transformational investments.”

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Metsä Group reports half-year, 2026 operating loss of Euro 3M

Metsä Group
August 6, 2026
Category: Finance & Economics
Region: International

FINLAND — Metsä Group’s second-quarter sales fell 3% to Euro 1.38 billion, while comparable EBITDA rose 89% to Euro 129 million from Euro 68 million a year earlier. The comparable operating loss narrowed to Euro 3 million from Euro 37 million. Demand for market pulp remained weak in Europe and China. Economic uncertainty reduced demand for paper and paperboard, while customers continued to replace softwood pulp with hardwood pulp in some products. The structural decline in printing and writing paper also reduced softwood pulp demand in Europe and North America. …Third-quarter earnings will be reduced by maintenance shutdowns at the Äänekoski bioproduct mill, the Rauma pulp mill and the Husum mills. Sawn timber demand is expected to decline slightly for seasonal reasons, while construction demand in much of Europe and the UK will remain weak.

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German sawmillers continue to face the strain

By Stephen Powney
The Timber Trades Journal
August 6, 2026
Category: Finance & Economics
Region: International

The economic situation of the German sawmilling and timber industry remains strained, according to the latest report from the German Sawmill and Timber Industry Association (DESH). Ther Berlin-based group, which represents German sawmillers, says the persistently weak construction sector, the global economic and sales crisis, high raw material and production costs, and mounting cost pressures are placing a significant burden on domestic companies. It warns of a further deterioration in the situation. In the coming weeks, DESH says many companies will be forced to scale back production capacities and extend scheduled maintenance periods. “Despite promising rhetoric from policymakers, the hoped-for recovery of the domestic construction industry has yet to materialize,” it said. “Demand for construction timber in key export markets also remains subdued due to geopolitical crises and a global economic slowdown. At the same time, persistently high costs for raw materials, energy, and production are burdening companies. 

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Japan’s Housing Rebound Skips 2 x 4 Homes Framed in Imported Lumber

Wood Central Australia
August 1, 2026
Category: Finance & Economics
Region: International

Housing starts across Japan climbed 18.6% in June for a third straight monthly rise, with the recovery missing the two-by-four segment built on imported dimension lumber, where starts fell 7.4%. That is according to data the Ministry of Land, Infrastructure, Transport and Tourism released, which shows owner-occupied, rental, and built-for-sale housing all rising, while the platform-frame trade went the other way. Economists had expected a 12.8% rise, with the stronger result still slowing sharply from May’s 33.9% surge as owner-occupied growth eased to 15.7% from 31.8, rentals to 24.6 from 33.3, and built-for-sale homes to 14.2 from 39.2. Prefab housing swung 13.7% higher after a 3.4% fall in May, leaving two-by-four as the only wooden segment in decline. None of the growth measures a strong market, because the comparison month produced just 55,956 starts, down 15.6% in a third straight fall after the April 2025 revision to the Building Standards Act.

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Wood, Paper & Green Building

The case for the return of the 3-5 story city

By Dorian Moore
The Congress for the New Urbanism (CNU)
August 10, 2026
Category: Wood, Paper & Green Building
Region: Canada, United States

Urban conversations in North America often seem trapped between competing visions… between detached suburban development, low-scale missing middle housing, and high-rise intensification. An alternative lies in a form of urbanism that has shaped some of the worlds most successful cities for generations. …It is the 3-5 story mixed-use building. I argue that many of the worlds most functional, resilient, and human-scaled urban environments are built upon moderate density and incremental urbanism. …These are the buildings that are rarely celebrated. Yet, they may be the single most important building type in creating or sustaining neighborhoods that are walkable, economically productive, and human-scaled. …At the larger end of the spectrum is the five-story, 40-unit building. Five stories is determined as an upper limit because of the constraint placed by the International Building Code for all-wood construction buildings allowed as-of-right. This allows for simplified construction, again attainable by smaller neighborhood-scale builders and developers.

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How mass timber is reshaping modern architecture

By Carrie McDermott
The Grand Forks Herald
August 10, 2026
Category: Wood, Paper & Green Building
Region: United States, US West

NORTH DAKOTA — Eric Hoffer, senior project manager at JLG Architects in Bismarck, North Dakota, says mass timber projects are surging due to updated building codes, regional supply chain advantages and a growing focus on embodied carbon — the emissions from manufacturing and transport. Despite accounting for fewer than 1% of national building projects, mass timber is one of sustainable architecture’s fastest-growing trends, with roughly 20% annual growth. “Mass timber sequesters carbon, which then acts as a carbon sink,” Hoffer explained. …The growth of mass timber construction, including cross-laminated timber (CLT) and glue-laminated timber (glulam), continues to gain momentum. Project owners are choosing mass timber for a number of reasons, including lower embodied carbon than conventional concrete and steel, faster prefabricated construction, and the warm, natural interior aesthetics it provides. …Some examples of mass timber projects in the region include the Wurth Elektronik Headquarters expansion in Watertown, South Dakota, completed this spring. 

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Meta names Mercer in mass timber pilot at its Cheyenne data centre in Wyoming

By Jason Ross
Wood Central Australia
August 7, 2026
Category: Wood, Paper & Green Building
Region: United States, US West

Meta has named Mercer, alongside contractor Fortis Construction, to build additional mass timber buildings at its Cheyenne campus in Wyoming, a 715,000-square-foot site carrying an investment of more than $800 million. The technology group estimates the embodied carbon savings at 41 per cent across the materials the timber replaces and intends to extend it to administrative buildings, warehouses, and the data halls themselves. Microsoft opened the category in 2024 with the first cross-laminated timber data centres in Northern Virginia, a hybrid system the company estimates cuts embodied carbon by 35 per cent compared with steel and 65 per cent compared with precast concrete. Big tech now takes up to 10 per cent of all mass timber sold in the United States.

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Kimberly-Clark Unveils Proprietary Alternative Natural Fiber Innovation Program

Kimberly-Clark Corporation
August 3, 2026
Category: Wood, Paper & Green Building
Region: United States, US East

DALLAS — Kimberly-Clark unveiled a proprietary innovation program focused on advancing alternative natural fibers as the foundation for a next-generation, high-performance, sustainable materials platform. Company researchers and scientists developed a patented technology platform by transforming fibers from a rapidly renewable succulent plant into sustainable material. …”This represents… the culmination of more than two decades of materials and plant science expertise,” said Craig Slavtcheff, Chief Research and Development Officer. …After evaluating more than 70 fiber candidates across performance, sustainability and cost criteria, Kimberly-Clark identified a promising solution in hesperaloe, a native, low-water-use plant that thrives in the arid climate of the Southwest US. …As part of this innovation program, Kimberly-Clark is building a pilot facility in Yuma. Compared with several crops currently grown in the region, hesperaloe requires less water to cultivate, offering potential benefits for growers, local communities, and regional water stewardship efforts.

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Forestry

How Canada can better protect its forests

By Rick Doman, Chair, Boreal Carbon Corporation
The Globe and Mail
August 4, 2026
Category: Forestry
Region: Canada

Canada is blessed with some of the largest forests in the world. Unfortunately, it is being increasingly affected by insects, disease, drought, and the effects of a warming climate. These damaged forests now contain significant fuel loads that contribute to large, more intense wildfires, which can spread into adjacent healthy and mixed forests, further degrading one of Canada’s greatest natural assets. …An overlooked consequence is the loss of the economic value derived from the carbon Canada’s forests store and remove from the atmosphere – a value we rarely account for. …Canada could become one of the world’s largest forest carbon offset opportunities by establishing a value across the country for forest carbon credits, helping finance restoration while expanding Canada’s forests for future generations. This is not rocket science, it is forest science. …Rather than watching our forests decline rapidly, we should reverse course and invest in growing them. [to access the full story a Globe and Mail subscription is required]

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Protesters target B.C. forests minister’s Langford office over old-growth logging

By Jeff Lawrence
Chek TV News
August 9, 2026
Category: Forestry
Region: Canada, Canada West

A group of protesters gathered outside B.C. Forests Minister Ravi Parmar’s Langford office Sunday, accusing the provincial government of failing to live up to its commitments to protect old-growth forests. The demonstrators say the province is moving in the wrong direction on old-growth protection and pointed to an increase in old-growth timber being offered through BC Timber Sales. …The protest comes amid an ongoing debate over the future of B.C.’s forestry industry, as the province attempts to balance old-growth protection, First Nations rights and the economic importance of forestry. …The province has previously maintained it is working to protect at-risk old-growth forests while supporting forestry-dependent communities and maintaining a viable industry. …The dispute comes as B.C.’s forestry sector faces significant economic challenges. According to the BC Council of Forest Industries, 21 lumber mills have closed permanently or indefinitely since 2023.

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Private Gates Blocking the Walbran Upset Many. Not This First Nation

By Ben Parfitt
The Tyee
August 7, 2026
Category: Forestry
Region: Canada, Canada West

The BC government’s decision to grant a logging company permits to install three gates blocking access to the Walbran Valley’s old-growth forests was almost certain to draw criticism from environmental organizations. …“Blocking access to these places damages the relationship people have to the landscape… which only benefits logging companies,” said Torrance Coste of the Wilderness Committee. …But the gates are much more than just a physical barrier to would-be travellers. They also highlight a divide among environmental organizations and First Nations and the BC government over the future of old-growth forests.  …Tsawak-qin is invested in logging Vancouver Island’s increasingly rare old-growth forests, including forests adjacent to and potentially inside the unprotected portion of the Walbran. …Jeff Jones, Elected Chief of the Pacheedaht First Nation, said… “we have two community forest partnerships. We have a sawmill that we benefit from… that creates employment. And we also get the revenues from the partnerships.”

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Forest Enhancement Society of BC Expands Fibre Utilization Program Eligibility to Include Timber Sale Licences

The Forest Enhancement Society of B.C.
August 5, 2026
Category: Forestry
Region: Canada, Canada West

The Forest Enhancement Society of BC (FESBC) has expanded eligibility under its Fibre Utilization Funding Program to include Timber Sale Licences. Eligible applicants can now apply for funding to recover biomass from active and approved Timber Sale Licences (TSLs) issued prior to July 31, 2026. Organizations that are new to the program, or that do not currently have FESBC Fibre Utilization funding, are encouraged to review the 2026-27 Fibre Utilization Funding Program Guide and submit an application. Current Fibre Utilization funding recipients may also be able to amend their existing projects to include eligible Timber Sales Licences.

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DFO finds ‘critical habitat’ for fish destroyed, but investigation called off, logging permits issued

By Greg Colgan
CBC News
August 6, 2026
Category: Forestry
Region: Canada, Canada West

ALBERTA — A multi-year investigation into an unapproved bridge built over the Highwood River by a logging company in critical habitat for a threatened fish species was halted by a federal ministry due to a lack of resources. An internal 2025 document… states Fisheries and Oceans Canada had multiple ongoing investigations into critical habitat being destroyed, but the regulator lacked resources to work on them all. …Highwood River in Kananaskis Country grabbed the regulator’s attention after it learned Spray Lake Sawmills built a bridge over it without federal approval in 2023. …The two-year investigation was halted despite federal staff finding “destruction of critical habitat for bull trout” had happened, during an on-site visit in 2023. Instead, the federal ministry found West Fraser’s work (the company that took over the project from Spray Lake Sawmills) had been “fulfilled to the satisfaction of the (DFO)” after it removed the unapproved bridges and created a remediation plan.

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All of Washington state must better prepare for megafire

By the Editorial Board
The Seattle Times
August 10, 2026
Category: Forestry
Region: United States, US West

The soupy, toxic fog that hung over Seattle and the Puget Sound region last week was a constant reminder of the wildfires raging across Eastern Washington. It can feel insufferable and inevitable — that the fires will burn, increasingly in every corner of the state, as the years become hotter and drier. But rather than resigning ourselves to this fate, the smoky skies should reinforce a call to action, for every Washingtonian. The wildfires that consumed neighborhoods in Spokane and enveloped forests in Chelan and elsewhere have a kind of performance-enhancing drug feeding their flames: climate change. As a society, we can choose to deny this reality, but it does little good to do so. The forecast each year will continue to be tinderbox-like conditions. We must do all we can to prepare for it. …Inaction will lead to devastation. Facing this growing risk is the only option. [to access the full story a Seattle Times subscription is required]

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Boulder Fire: Alaska smokejumpers make first aerial jump in Southeast Alaska in 67 years

By Adrian Peterson
Alaska News Source
August 5, 2026
Category: Forestry
Region: United States, US West

FAIRBANKS, Alaska – A wildfire burning in steep, roadless terrain north of Haines has prompted a historic firefighting response: the first aerial fire jump by Alaska smokejumpers on the Southeast Alaska Panhandle in the program’s 67-year history. The Boulder Fire is burning roughly half a mile north of the highway and nearby homes. …Four Alaska smokejumpers with the US Wildland Fire Service flew more than 525 miles from Fairbanks and parachuted into the fire area on Aug. 3. It marked the first aerial fire jump by Alaska smokejumpers on the Panhandle since the program’s founding. Beth Ipsen, with the Bureau of Land Management’s Alaska Fire Service, said the terrain around the Boulder Fire made a ground response nearly impossible. …The Alaska smokejumper program has approximately 70 jumpers this season. …So far this year, Alaska smokejumpers have made 476 individual fire jumps. Ipsen said many smokejumpers are currently deployed to the Pacific Northwest, where fire conditions have been severe.

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The fungus that could save Maine’s trees one seedling at a time

By Lori Valigra
The Bangor Daily News
August 3, 2026
Category: Forestry
Region: Canada, United States, US East

MAINE — Researchers walking through the forest during a major spruce budworm outbreak in the 1990s discovered some healthy fir trees unaffected by the deadly pests, and wondered what gave them apparent immunity. They took needles from the healthy trees to study at their University of New Brunswick lab, and found they contained a fungus with a beneficial relationship with the trees. …The discovery attracted the attention of Canadian forestry conglomerate J.D. Irving, the largest owner of forested land in Maine. The partnership, which started in 1999, resulted in a novel way to combat future outbreaks: breeding budworm-resistant trees. Its strategy to use natural fungi — known as endophytes — is at the forefront of science to find more natural solutions. Several universities in the US are researching how endophytes act in other types of trees. …Irving Woodlands is ramping up production of the trees in a newly opened greenhouse in New Brunswick. 

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Europe’s forests losing more biomass since 2018

The European Space Agency
August 5, 2026
Category: Forestry
Region: International

Europe’s forests are losing more biomass than previously thought, with disturbances such as drought and pests causing increasingly large losses from some of the oldest forests in Europe. This situation has deteriorated markedly since 2018. These are the findings of a study published in Nature Geoscience. The research, which was supported by a European Space Agency (ESA) initiative, found that biomass losses increased sharply after 2018 as drought, windstorms and insect outbreaks increasingly affected some of central Europe’s oldest and most biomass-rich forests. …For the first time, scientists have quantified how much biomass is lost from forest disturbances across Europe, rather than simply measuring the area affected. They found that, for each hectare of disturbed forest, 46% more biomass is being lost since 2018. ..,A second study, also supported by the RECCAP-2 project has produced complementary findings. Published in National Science Review, the study found that increasing loss and damage to forests is putting their role in climate change mitigation at risk.

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Ending native forest harvesting for carbon credits is madness

By Jason Ross
Wood Central Australia
August 6, 2026
Category: Forestry
Region: International

Rob de Fégely

AUSTRALIA — The forester who advised successive Australian governments on forest policy for eight years has argued that a country cannot stop making the wood it uses without importing the environmental cost along with the timber. That is according to Rob de Fégely, whose column ran in the Australian Financial Review on Thursday, twelve days before the Senate votes on whether to disallow the Improved Native Forest Management method behind the Great Koala National Park. “Ending native forest harvesting is not environmental leadership,” de Fégely wrote. …“The demand does not disappear,” de Fégely wrote of what follows when a country stops making its own wood, an effect economists call leakage, which moves the harvest rather than ending it. Australia already runs a wood trade deficit, buying $6.9 billion in wood products a year and selling $2.8 billion. …“Harvesting changes forests, but it does not destroy them,” de Fégely wrote.

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Carbon, Climate & Bioenergy

Protecting our fresh water is crucial in face of climate change, other threats

By Clifford Lincoln, retired federal Liberal MP
The Montreal Gazette
August 10, 2026
Category: Carbon, Climate & Bioenergy
Region: Canada

Clifford Lincoln

As climate change brings cataclysmic shifts to normal life patterns all across the globe, Canada’s fresh water remains an existential resource. …I reflected on this… upon learning that the Colorado River and other major US river systems are facing record-low levels, amounting to a potential crisis for domestic consumption, agricultural irrigation and hydroelectric generation. Given the capricious envy and unpredictability of US President Trump, it would be no surprise if our water became the next target of his aggression. Thanks to a visionary Canadian, the protection of our water — that all-precious resource and generational blessing — is safeguarded by statute into the future. As climate change brings cataclysmic shifts to normal life patterns all across the globe… fresh water remains that existential resource that ensures sustenance of life. We should strive to preserve it for those who will follow.

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As wildfires rage, it’s a moment for carbon removal technology to shine

By Na’im Merchant and Grant Canary
The Globe and Mail
August 4, 2026
Category: Carbon, Climate & Bioenergy
Region: Canada

There have been more than 800 wildfires across Canada so far this year and nearly four million hectares of land has been burned. …In addition to the fires’ immediate damage to our natural landscapes and well-being, there’s another way to think about their climate implications: a healthy forest spends decades pulling carbon out of the air and locking it away in tree trunks, branches and roots. A wildfire undoes that long-term work almost overnight, and releases all of that carbon. …Carbon removal is distinct from carbon capture… it’s a distinct process that pulls carbon already in the atmosphere back out, rather than just capturing it as it’s produced, and this deserves a policy environment to catalyze it. …Some carbon-removal companies take fire-killed trees that have no other use, which would otherwise decompose or fuel the next fire, and bury it in engineered, low-oxygen sites where its carbon stays locked away for a century or more. [to access the full story a Globe and Mail subscription is required]

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Climate Change Made Canada’s Forests Much More Likely to Burn

By Coco Liu
Bloomberg News
August 6, 2026
Category: Carbon, Climate & Bioenergy
Region: Canada, Canada East

The planet’s warming had a strong influence on destructive wildfires in Canada that have raged across Ontario and the Northwest Territories since late June, making the extreme fire weather that fueled them at least twice as likely, according to a report published Thursday by World Weather Attribution. With global temperatures roughly 1.4C above pre-industrial levels, Canada is experiencing a notable rise in extremely hot and dry weather — the ingredient required to turn minor ignitions into infernos. Researchers found that the severe conditions behind the recent blazes in Ontario are now twice as probable as they would be in a world untouched by human-caused greenhouse gas emissions. The change is even more stark in the Northwest Territories: There, a week of fire weather as extreme as this year’s — which would occur once-a-decade without global warming — is now estimated to return every two years.

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Contiguous US breaks its record for hottest month ever

By Seth Borenstein
The Associated Press in Oregon Public Broadcasting
August 10, 2026
Category: Carbon, Climate & Bioenergy
Region: United States

The contiguous United States sizzled to its hottest month ever last month, according to the National Oceanic and Atmospheric Administration. July averaged 76.89 degrees Fahrenheit across the Lower 48 states, eclipsing the Dust Bowl’s July 1936 by an eighth of a degree. Records go back to 1895 “It’s not good when you’re breaking records from the Dust Bowl,” said meteorologist Jeff Masters of Yale Climate Connections. …The heat was so widespread that every one of the Lower 48 states was at least 1 degree Fahrenheit warmer than the 20th century average, said Russ Vose, chief of monitoring at NOAA. …What’s happening now is due to the burning of coal, oil and gas, scientists said. “Extremely high temperatures across the continental U.S. this summer, along with intense drought and fire conditions, are absolutely consistent with the climate change signal,’ said Katharine Jacobs, a climate scientist at the University of Arizona.

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After Record-Breaking Summer Start, Europe Braces for New Heat Wave

By Nazaneen Ghaffar
The New York Times
August 11, 2026
Category: Carbon, Climate & Bioenergy
Region: International

Another round of intense heat is expected to sweep across large swaths of Europe this week, following a record-breaking start to the summer in Western Europe. Forecasters warned that rapidly rising temperatures, combined with persistently bone-dry conditions, could worsen the severe threat of wildfires. The latest heat wave will be Europe’s fifth since May, as a broad area of high pressure — also known as a heat dome — intensifies across the continent. The new heat wave comes after Western Europe recorded its hottest June to July period on record, according to Copernicus, the European Union’s climate monitoring service. The average temperature across the region during the two-month period was 21.62 degrees Celsius (70.92 degrees Fahrenheit), 2.79 degrees Celsius (5.02 degrees Fahrenheit) above average, which surpassed the previous record set in 2022. The most extreme heat is expected initially across parts of France, Spain and Italy before shifting toward Central Europe. [to access the full story a NY Times subscription is required]

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Health & Safety

‘Smoke-Proofing’: The Need for a National Effort

By Crawford Killian
The Tyee
August 3, 2026
Category: Health & Safety
Region: Canada

We can’t do much to prevent losing more communities to wildfires, and we certainly can’t reduce the scale of fires in the boreal forest. But we can minimize the health impacts of wildfire smoke, which should help us deal with the economic impact of wildfires and other climate disasters. …First, we need to minimize the damage of PM2.5 and other particles in wildfire smoke. That would involve more airtight homes, workspaces and schools, plus air purifiers in every room and office. In new construction, air purification should be built right into the heating, ventilation and air-conditioning systems. Second, we need to start using N95 masks whenever air quality drops. …Third, we need to recognize that wildfires and heat waves can threaten electricity grids by damaging transmission lines. The remedy here would be installing enough solar power in homes and workplaces. …We will also have to prepare for long-term health consequences of wildfires.

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White liquor, key in Longview implosion, falls through regulatory gaps

By Rebecca Moss
The Seattle Times
August 7, 2026
Category: Health & Safety
Region: United States, US West

In the winter of 1993, a white liquor clarifier tank exploded at an Oregon paper mill. Two pipe fitters lay dead. …Nearly two decades later, in 2012, four workers were injured by the same chemical compound on the opposite side of the country. …And when an estimated 900,000 gallons of white liquor spilled from a ruptured tank at the Nippon Dynawave paper mill in Longview on May 26, it was those same alkaline chemicals that contributed to the death of 11 workers. Investigators have yet to determine the root cause of the deadliest industrial accident in recent Washington history. But the grave hazards have long been known, yet white liquor remains minimally regulated. Few laws directly govern the papermaking substance. …There is little mention of white liquor in state or federal environmental regulations or worker safety laws. Instead, it is largely up to the companies to ensure its safe handling. [to access the full story a Seattle Times subscription is required]

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Firefighters react to federal findings on deadly Searsmont mill explosion

By Allyson Lapierre
WGME.com
August 10, 2026
Category: Health & Safety
Region: United States, US East

SEARSMONT, Maine — Nearly three months after a deadly explosion inside a silo at Robbins Lumber Mill in Searsmont, new federal findings are shedding more light on what happened. According to a report by the National Institute for Occupational Safety and Health (NIOSH)… firefighters responded to flames in a large silo containing wood shavings and sawdust. The silo was described as an oxygen-limiting silo. When crews attempted to extinguish the fire, the report said the mix of oxygen and sawdust created a combustible dust explosion. Ken Desmond, President of the Maine State Federation of Firefighters, said firefighters arriving at the scene did not know what was going to happen. …“Lessons learned what can we do to be better to train and helps get some new tactics to move forward,” he said. Bill Gillespie, President of the Maine Fire Chiefs, emphasized that NIOSH reports are intended to educate, not assign blame.

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Forest Fires

Crews battle wildfires in western U.S. and Canada

By Chandelis Duster
NPR – National Public Radio
August 9, 2026
Category: Forest Fires
Region: Canada, United States

Evacuation orders are in place across parts of the Western U.S. and Southwest Canada as extremely hot and dry conditions fuel the spread of wildfires in the region. There were 183 new fires, including eight large ones, across the U.S. since Saturday, the National Interagency Fire Center reported on Sunday. More than 30,000 personnel with over 640 crews were assigned to the fires. Firefighters were battling more than 94 large fires across the country, the agency also said. …Two pilots died on Friday after their helicopter crashed while battling the Widemouth 2 Fire in Fishlake National Forest, the U.S. Forest Service confirmed Sunday. …In Oregon, a bulldozer operator identified by officials as Jason Ensign, died battling the Wrights Spring Fire, which has spread over 33,000 acres and was 0% contained as of Sunday afternoon. …In Canada, there were more than 100 active wildfires in the British Columbia. …A state of emergency has been declared.

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Evacuees slowly learn of losses from B.C. wildfire that forced thousands to flee

The Canadian Press in Global News
August 10, 2026
Category: Forest Fires
Region: Canada, Canada West

SUMMERLAND, BC — Kyla Gaudiuso says she found out her home in Faulder, BC, had been destroyed when she received a photo of the ridge where it once stood. The community west of Summerland was one of the first areas overrun by the Bald Range wildfire that has claimed one life and forced more than 20,000 residents around Okanagan Lake to flee. RCMP say an 80-year-old woman died because of the fire as she tried to escape her home in Meadow Valley, west of Summerland, over the weekend. The British Columbia government on Saturday declared a provincial state of emergency and says property losses are significant, though details are scant. …The BC Wildfire Service says the fire is about 136 square kilometres as it burns out of control on the outskirts of Summerland, a community of 12,000 people that has been ordered evacuated. About 10,000 homes are under evacuation order in the Summerland and Peachland area.

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Oregon shatters wildfire record with 2 million acres burned, dozens of fires still burning

By Tarek Anthony
The Oregonian
August 3, 2026
Category: Forest Fires
Region: United States, US West

Just three days into August, Oregon has already broken its record for its worst wildfire season on record, with more than 2 million acres burned across the state. …Oregon has seen wildfire activity surge in 2026, with the Oregon Department of Forestry counting more than 1,300 fires so far this year. Here is an update on the largest fires burning across the state:

  • The Big Grass fire has burned 339,432 acres, making it the largest wildfire in the state
  • Rowe Creek complex fire – has scorched nearly 324,000 acres and is 60% contained
  • The Burns Basin fires, which encompass several large fires continues to force evacuations
  • The Grasshopper fire continues to burn across the Mount Hood National Forest
  • Bench and Round Butte fires – broke out Saturday amid Red Flag Warning conditions
  • Fox, Tartar and Powder River fires – In far eastern Oregon, three major fires continue to burn
  • The Hagen fire burning in Umatilla County is now 11% contained after scorching 40,000 acres

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