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Special Feature

Leadership in Turbulent Times: Parmar and Panel Look Ahead

By Kelly McCloskey, Editor
Tree Frog Forestry News
April 7, 2025
Category: Special Feature
Region: Canada

BC Forests Minister Ravi Parmar brought passion and urgency to the stage at the COFI Conference in Prince George, delivering a high-energy speech before joining a panel discussion on how leadership across governments, communities, and industry can shape the future of the province’s forest sector. …The centrepiece of Parmar’s remarks was his overhaul of BC Timber Sales (BCTS). Parmar said BCTS must evolve from a market-pricing tool into an active driver of forest stewardship. “We should harness this organization to deliver on the public’s expectations and support the future we want to see in forestry.” He announced that BCTS will double its volume allocation for value-added and untenured manufacturers, allowing small companies to submit joint bids, and that it will expand its leadership role in forest stewardship. The new direction includes commercial thinning, wildfire risk reduction, salvage of damaged timber, and cultural and prescribed burning in partnership with First Nations.

Joining Parmar on the panel were Greg Stewart of Sinclair Group and COFI, Chief Councillor John Jack of the Huu-ay-aht First Nations, Mercer International CEO Juan Carlos Bueno, and Vancouver City Councillor Lisa Dominato. Together, they tackled questions about long-term sustainability, reconciliation, urban-rural partnerships, and innovation. …In a final round of takeaways, panelists called for trust, collaboration, and urgency. Parmar closed by saying that 2025 must be the year the sector comes together to develop a shared roadmap. “No pressure,” he said. “It’s not just my work—it’s our work. That’s the opportunity we have before us.”

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Premier Eby: Tariffs, Timber, and Transformation at COFI

Kelly McCloskey, Editor
Tree Frog Forestry News
April 7, 2025
Category: Special Feature
Region: Canada

Premier David Eby delivered the final keynote at the 2025 COFI Conference in Prince George with a firm message of solidarity for British Columbia’s forest sector amid rising economic and geopolitical uncertainty. Eby painted a stark picture of global instability, citing a sharp downturn in US markets, looming tariffs, and direct threats to the province’s timber industry. …Eby warned that the recently announced US tariffs are likely to increase, targeting not just Canadian timber but pharmaceuticals and autos as well. He described the rationale behind these moves as “ludicrous and absurd,” especially in the context of a national security investigation into Canada’s timber sector. “Regardless of the posturing of the president,” he said, “the reality is that the Americans need Canadian timber.”

The Premier acknowledged that some of the sector’s challenges stem from within the province, citing government policy, court decisions, and endangered species legislation. He reaffirmed the government’s commitment to a working forest target of 45 million cubic meters and noted that new Forests Minister Ravi Parmar was appointed with this explicit goal. Eby highlighted several efforts underway to reach that target. He cited accelerated permitting efforts, forest landscape planning, and prioritized Indigenous agreements. …In closing, Eby said Canada’s response must be both short- and long-term. “We want to continue to expand the use of BC wood products, both nationally and internationally.” He said interprovincial trade reforms may open new markets, but reminded the audience that success begins with supply. “We’ve got to get to the 45 million cubic meters… in order to make sure that we’re getting those products to our primary mills.”

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Spotlight on innovation, technology and wood construction

By Kelly McCloskey, Editor
Tree Frog Forestry News
April 3, 2025
Category: Special Feature
Region: Canada, Canada West

The 2025 COFI Convention spotlighted the theme of innovation in forestry with a session focused on new technologies and opportunities for wood-based construction. Kylie Williams, BC Regional Director for Foresight Canada, introduced the session, emphasizing the critical role of innovation in the face of industry challenges such as fibre supply issues and market uncertainty. …Tim Caldecott, Senior Director of Sustainable Construction and Carbon & Market Economics at FPInnovations, followed with a discussion on the opportunities for wood-based buildings. He acknowledged the growing interest in wood as a building material but pointed out that the market share of wood-based non-residential buildings remains small. …Todd Sayers, Chief Operating Officer at the BC Centre for Innovation in Clean Energy, closed the session by focusing on diversification and the development of new technologies. He discussed the Centre’s work in biofuels and wildfire mitigation technologies.

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Navigating global markets: challenges and opportunities

By Kelly McCloskey, Editor
Tree Frog Forestry News
April 3, 2025
Category: Special Feature
Region: Canada, Canada West

The third panel of the 2025 COFI Convention focused on navigating global markets and maintaining competitiveness in the face of challenges. Russ Taylor, President of Russ Taylor Global, opened the session by addressing the disruptions in global markets, particularly with the US trade relationship under President Donald Trump. …Mark Cameron, Fellow & Lead of Canada-US Relations Strategy at the Public Policy Forum, addressed the current state of US-Canada trade relations and the threat of tariffs on Canadian lumber. …Kate Lindsay, Senior Vice President and Chief Sustainability Officer at the Forest Products Association of Canada, followed by discussing the European Union’s new regulation—the EUDR—that will be implemented in December 2025. …Sean Lawler, Managing Director of Canada Wood Japan, provided insights into the state of the Japanese market, focusing on the challenges and opportunities for BC’s forest products in the region.

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Economic outlook and where do we stand on competitiveness and sustainability

By Kelly McCloskey, Editor
Tree Frog Forestry News
April 3, 2025
Category: Special Feature
Region: Canada, Canada West

Kurt Niquidet, Vice President and Chief Economist at COFI, opened the panel by discussing timber supply in BC. He explained that the annual allowable cut (AAC) has been trending down, now sitting at approximately 60 million cubic meters. This decline, attributed to factors like the mountain pine beetle outbreak and wildfires, is contributing to a growing gap between the AAC and actual harvests. …He also pointed out the challenges in meeting timber targets, especially with BC Timber Sales (BCTS) falling short of its targets, further stressing the supply crunch. …Glenn O’Kelly of O’Kelly Acumen, who shared findings from a benchmarking report comparing BC’s forestry sector performance with other global jurisdictions. “In the last 10 years, BC’s forestry sector has seen a 3.6% decline in GDP, the lowest of the peer group,” O’Kelly noted. …Despite the challenges, O’Kelly noted that BC had experienced a positive development in terms of productivity.

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Regional Chief Terry Teegee calls for meaningful partnerships and sustainable forestry

By Kelly McCloskey, Editor
Tree Frog Forestry News
April 3, 2025
Category: Special Feature
Region: Canada, Canada West

The opening keynote of the 2025 COFI Convention was delivered by Regional Chief Terry Teegee of the BC Assembly of First Nations. …Teegee underscored the significant role First Nations play in the forestry industry, both as stewards of the land and as active participants in the economic fabric of the sector. …Turning to economic challenges facing the sector, Chief Teegee addressed the threat of tariffs on Canadian lumber products. “These tariffs are more than just a policy issue; they’re creating real-world impacts,” he said, noting the strain on forestry businesses, especially those owned or operated by First Nations. “The uncertainty hits us hard. The social impacts are significant,” he added. He also spoke about the need to build resilience in the sector, stating, “Forestry is a renewable industry…we’re going into second pass and it will always be there.” …Chief Teegee’s address set the tone for the convention, emphasizing the need for partnerships, sustainable practices, and the central role of Indigenous leadership in shaping the future of BC’s forest industry.

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Greg Stewart kicks off 2025 COFI Convention with delegate welcome

By Kelly McCloskey, Editor
The Tree Frog Forestry News
April 3, 2025
Category: Special Feature
Region: Canada, Canada West

The 2025 COFI Convention kicked off at the Prince George Civic Centre with an official welcome that set the stage for the two-day event. Greg Stewart, President of Sinclar Group Forest Products and Chair of the COFI Board of Directors, welcomed attendees to the conference, emphasized the significance of the gathering and acknowledged the unceded ancestral lands of the Klaytli Tenei Nation. Chief Dolleen Logan of the Lheidli T’enneh First Nation provided an Indigenous welcome, sharing her pride in the relationship between her people and the forestry industry. …Mayor Simon Yu of Prince George followed with a heartfelt address, acknowledging the region’s dependence on the forestry industry and emphasizing the need for innovative solutions to ensure its competitiveness. …Kiel Giddens, MLA for Prince George-Mackenzie stressed the need for bold action to navigate the current economic uncertainty and reaffirmed his commitment to supporting the forest sector. …Kim Haakstad, the new President and CEO of COFI, closed the welcoming segment by expressing her enthusiasm for the convention and the work ahead. She acknowledged the leadership of former CEO Linda Cody and introduced her vision for the future of COFI and the forest sector.

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Summary Wrap-Up: 2025 COFI Convention

Kelly McCloskey, Editor
The Tree Frog News
April 7, 2025
Category: Special Feature

The Tree Frog News is featuring the panels and speakers from last week’s BC Council of Forest Industries Convention. On Friday, we carried the Thursday morning keynote speakers and panel sessions, and in today’s Tree Frog News we have the balance of Thursday’s presentations and all of the Friday sessions. Below are links to all of the conference sessions in chronological order.

Day One – April 3, 2025

Day Two – April 4, 2025

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Opinion / EdiTOADial

Glimmers of hope for directional change on the trajectory of BC’s forest sector

By Bob Brash, TLA Executive Director
Truck LoggerBC Magazine
April 1, 2025
Category: Opinion / EdiTOADial
Region: Canada, Canada West

Well, 2025 will prove to be an interesting year ahead. …Provincially there are some glimmers of hope for some directional changes to the current trajectory of BC’s forest sector through the appointment of an energized and determined Minister of Forests. At the recent TLA convention, there also seemed to be acknowledgment that the need for change was recognized with the Premier and Minister. …The government’s forestry mandate appears to be granted for firm actions, even more so with our obvious need for more self-reliance as a country. But muddying the background is the reality that anything that needs to be accomplished must be done within the spectre of massive provincial deficits and a hiring freeze. Where to start?

There needs to be a review of all the current policies, legislation, and regulations to ensure they mesh with the overall vision and contribute towards its successful implementation. It is fair to say the cumulative array of constraints over the last decades encircling the forest sector have been decidedly negative. …Albeit a complex and onerous task, the hope is the creation of renewed investment certainty for all those making their decisions towards the future of the sector. …There must be a meaningful transition plan and set of actions in place to ensure the components of the sector survive while these changes are being contemplated and implemented. …An effective transition plan requires government to work hand-in-hand with the industry towards ensuring a level of harvest is agreed upon and delivered to at least minimally sustain all concerned over these next few years. And it means giving decision-makers of permitting and delivery programs the authority and support to make those tough interim decisions. It also means that the short-term harvest level to sustain our sector is not the plus or minus 32 million m3 currently happening.

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Business & Politics

‘Can’t just flip a switch’: Rerouting supply chains amid tariffs poses major hurdles

By Christopher Reynolds
The Canadian Press in BNN Bloomberg
April 3, 2025
Category: Business & Politics
Region: Canada, United States

MONTREAL — The notion that Canadian companies can simply switch supply chains in response to American tariffs is a fantasy, experts say. Businesses north of the border are looking elsewhere to source their material and sell their products. But companies caught up in tightly braided supply channels after decades of trade pacts and sector specialization may quickly bump into barriers around everything from transport and labour costs to resource availability, manufacturing capacity and market saturation. …Cancelling contracts with Canadian suppliers would trigger breakage fees of up to $500 million per U.S. factory, the group said. Many parts cross the border multiple times before final assembly. …Auto, lumber and steel producers would face some of the toughest challenges in the hunt for new markets, Paschen said. …Forestry players face an entirely different dilemma. Lumber exports, while ample, have a low value per volume compared to some other commodities.

 

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In Win for NAHB, Canadian Lumber Exempt from Trump’s Global Reciprocal Tariffs

The National Association of Home Builders
April 3, 2025
Category: Business & Politics
Region: Canada, United States

The tariff exceptions for Canada and Mexico amount to a major win for NAHB, as Canada accounts for roughly 85% of all US softwood lumber imports and accounts for nearly a quarter of the available supply in the US. Further exempting Mexican products is also a big win given major construction cost drivers such as gypsum, concrete and near-shored appliances. NAHB Chairman Buddy Hughes said, “While the complexity of these reciprocal tariffs makes it hard to estimate the overall impact on housing, they will undoubtedly raise some construction costs. However, NAHB is pleased President Trump recognized the importance of critical construction inputs for housing and chose to continue the specific exemption for lumber from any new tariffs at this time.” The fight isn’t over on lumber given a current anti-dumping and anti-subsidy investigation by the Department of Commerce on Canadian lumber imports and the ongoing national security investigation into imported lumber and timber. 

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High anxiety over softwood lumber despite tone change from US

By Chuck Chiang
The Canadian Press
April 3, 2025
Category: Business & Politics
Region: Canada, United States

David Eby

British Columbia’s premier said Thursday he is encouraged to see a shifting tone in US President Donald Trump’s talks with Canada, but concerns remain about how tariffs could devastate the province’s softwood lumber sector. Premier David Eby said he will be travelling to Prince George to speak with forest industry representatives on Friday, in light of Trump’s repeated assertions that the US doesn’t need Canadian lumber among other threats against Canada since taking office. …Eby, who spoke with Carney said, …“it was a two-part message for the prime minister this morning. One was to congratulate him on what appears to be a de-escalation for now with the president, and I’m grateful for that. The second is that we can’t trust it.” The premier said Carney is set to visit B.C. “in the coming days” on the federal election campaign, and softwood lumber will be among his top priorities when the two meet.

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Lumber Avoids New Tariffs; Prices Plunge on Fears of a Housing Slowdown

By Ryan Dezember
The Wall Street Journal
April 4, 2025
Category: Business & Politics
Region: Canada, United States

Canadian lumber has been left out of Trump’s tariff blitz, despite the president’s repeated threats to add to import taxes to a big chunk of US wood supply. Prices for two-by-fours are tumbling. Lumber futures contracts shed 8.7% to end at $606 per thousand board feet, the lowest price since mid February. They are on track for their worst day since the pandemic-era lumber bubble burst three years ago. Prices had risen this year in anticipation of another layer of import taxes. …That climb is unwinding. But the decline can also be chalked up to expectations that tariffs will push up residential construction prices and strain affordability. The tariffs Trump announced Wednesday will add about $6,400 to the cost of building an average house, UBS analyst John Lovallo estimates. That assumes that about 7% of the materials are imported and subject to an average tariff of 22%. [to access the full story a WSJ subscription is required]

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Canada’s exemption ‘like dodging a bullet into the path of a tank’

By Leyland Cecco
The Guardian
April 3, 2025
Category: Business & Politics
Region: Canada, United States

OTTAWA — Canada’s exemption from Donald Trump’s global tariffs was “like dodging a bullet into the path of a tank”, say business leaders as other levies are poised to hit key industries that drive the country’s economy. …Canada was noticeably absent, alongside trade ally Mexico. Prime minister Mark Carney said 25% tariffs on Canadian steel and aluminum, as well as on automobiles, will come into effect within hours. Canada would “fight these measures with countermeasures” he said. Already, Canada had put a 25% tax on C$30bn worth of US goods in response to Trump’s tariffs. …Carney warned that while Trump had preserved key elements of the bilateral relationship, the global tariffs “fundamentally change the international trading system”. …On Wednesday, a bipartisan group of senators passed a resolution to end the national fentanyl emergency the president invoked to justify the 25% tax on Canadian imports. …House speaker Mike Johnson is unlikely to bring the measure to a vote.

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US tariffs draw dismay and calls for talks from countries around the globe

By Elaine Kurtenbach and David McHugh
The Associated Press
April 3, 2025
Category: Business & Politics
Region: Canada, United States, International

Sweeping new tariffs announced by Donald Trump provoked dismay, threats of countermeasures and urgent calls for talks to find ways to rescind the stiff new import taxes imposed on goods from countries around the globe. …Trump maintains they will draw factories and jobs back to the United States. …European Commission President Ursula von der Leyen said it was a “major blow to the world economy.” …British Prime Minister Kier Starmer said he hopes to get the tariffs lifted with a trade deal. …Financial markets were jolted. …China’s Commerce Ministry said Beijing would “resolutely take countermeasures to safeguard its own rights and interests,” without saying exactly what it might do. …Mexican President Claudia Sheinbaum said she would wait to see how Trump’s announcement will affect Mexico, which like Canada was spared for goods already qualified under their free trade agreement with the United States, though previously announced 25% tariffs on auto imports took effect Thursday.

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A reality check on Trump’s potential ‘Liberation Day’ trade beefs with Canada

By Barbara Shecter
The Financial Post
April 1, 2025
Category: Business & Politics
Region: Canada, United States

The United States is scheduled to unveil reciprocal tariffs on a wide array of trading partners, including Canada. Dubbed “Liberation Day” by Donald Trump, the measures are meant to even things out with those who, in Trump’s eyes, have unfairly taken advantage of the US with tariffs and other non-tariff barriers. …Aside from steel, aluminum and autos, which are already facing separate tariffs, here are the issues the U.S. has singled out as problematic in their trade with Canada that could factor in to the Liberation Day announcement, and what economists and trade officials have to say about them. What Trump says: He has lumped his anger about dairy and lumber tariffs together, threatening to act immediately on unfair treatment by Canada. He also said the U.S. does not need any Canadian lumber. Reality Check: There is far from enough lumber produced in the U.S. to meet building demand.

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Surviving Trump’s tariffs—it will be a long time before we have a new normal

By Robert McKellar, principal at Harmattan Risk
Truck LoggerBC Magazine
April 2, 2025
Category: Business & Politics
Region: Canada, United States

Robert McKellar

You know that times have changed when a political risk consultant experienced in managing challenges for companies working in the Middle East or West Africa casts an eye on BC’s forest industry. …The TLA and its members already manage political risk to BC’s logging industry, but given what lies ahead, a broader and more explicit political risk mindset can only help. On the domestic front, provincial and federal government policy is an ongoing source of political risk. …This is not a new challenge, but it has become particularly pressing in the context of the shockwaves from the return of Donald Trump and the threat of tariffs and duties. …The lack of provincial and federal government regulatory clarity alongside a serious squeeze in the US market, means that the lumber industry is somewhat impaired and confused just when it needs to be maximally focused and agile, and capable of inspiring investor confidence.

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White House considering roughly 20% tariff on most imports, report says

By Jesse Pound
CNBC News
April 1, 2025
Category: Business & Politics
Region: Canada, United States, International

White House aides have drafted a proposal that would levy tariffs of roughly 20% on most imports, the Washington Post reported. The report cited three people familiar with the matter. It also said White House advisers cautioned that several options are still on the table, meaning the 20% tariffs may not come to pass. Another plan being considered is the country-by-country “reciprocal” approach, according to the Washington Post. The report comes a day before April 2, when President Donald Trump is set to announce his larger plans for global trade. The date has loomed over Wall Street, where stocks have been struggling in part due to uncertainty around rapidly changing global trade policy. Unlike the tariffs already announced by the Trump administration, the new plan is expected to be more widespread and permanent as opposed to targeting specific countries or industries. 

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Steelworkers to gather in Toronto for National Policy Conference

United Steelworkers
April 3, 2025
Category: Business & Politics
Region: Canada, Canada East

In April 2023, close to 600 USW activists, staff and retirees from across the country gathered in Toronto for the 55th USW National Policy Conference, this central body that guides our union’s direction in Canada. Under the theme Engage, Mobilize, Organize, conference delegates debated dozens of policy resolutions submitted by USW locals from every region of the country. …Led by the USW Wood Council… Steelworkers continue to lobby the federal government to seek a fair and equitable resolution to the softwood lumber dispute with the US. The union also is advocating for the federal and provincial governments to develop a co-ordinated, intergovernmental strategy to reduce the export of raw logs, ban raw log exports from old-growth forests, impose progressively higher taxes on log exports from second-growth forests and provide incentives for the domestic manufacturing of raw logs into finished products. 

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New Brunswick considers cutting deal with wood firms to beat Trump tariffs

By John Chilibeck
The Telegraph-Journal
April 1, 2025
Category: Business & Politics
Region: Canada, Canada East

John Herron

New Brunswick might charge timber and paper companies less money for cutting trees on public land should the United States impose another round of punishing tariffs on the wood industry. Facing questions during main estimates on Tuesday, Natural Resources Minister John Herron told a legislative committee he was prepared to defend what he called New Brunswick’s principal economic engine, worth $3 billion a year in exports and employing close to 24,000 people. “We know if the wood stays in the forest, the sawmills don’t turn,” he said. “We’re paying very close attention to that.” There’s growing fear that U.S. President Donald Trump will announce additional tariffs on Canadian wood products on Wednesday. …Herron told the House on Tuesday he wants to protect the $2 billion in payroll the industry spends on its workers. …But lowering stumpage fees would also feed into the arguments made by the US for imposing countervailing duties. [to access the full story, a subscription may be required]

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Trump’s tariffs prompt China to retaliate with 34% levy on US imports

CBS News
April 4, 2025
Category: Business & Politics
Region: United States, International

BEIJING — China announced that it will impose a 34% tariff on imports of all U.S. products beginning April 10. The new tariff matches the rate of the US tariff announced by President Trump this week. The White House used a formula to calculate the sum of all the trade practices it deems unfair from other nations. Economists have questioned the methodology, and many foreign governments have complained the levies misrepresent their trade imbalances. …The Chinese government said it would add 27 U.S. companies to lists of firms subject to trade sanctions or export controls. According to China’s tightly controlled media, the expanded export controls would cover seven types of rare earth related items, including samarium, gadolinium, terbium, dysprosium, lutetium, scandium, and yttrium.

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Uncertainty Reigns as ‘Liberation Day’ on Tariffs Approaches

National Association of Home Builders
April 1, 2025
Category: Business & Politics
Region: United States

The president has announced he will impose “reciprocal tariffs” on all nations on April 2. There is currently no procedure in place for how the tariffs will be implemented. …Tariffs on building materials act as a tax on American builders, home buyers and consumers. Builders estimate an average cost increase of $9,200 per home due to recent tariff actions, according to the March 2025 NAHB/Wells Fargo Housing Market Index. Of course, the effects of the tariffs on the housing industry go far beyond Canadian lumber. For example, 70% of the imports of gypsum, which is used to make drywall, comes from Mexico. …The tariffs are not only expected to raise the cost of building materials — which are up 34% since December 2020, far higher than the rate of inflation — but also wreak havoc on the building material supply chain. In turn, this will put even more upward price pressure on building materials. Here is what the NAHB doing.

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National Lumber and Building Material Dealers (NLMBDA) appeals to White House on tariffs and lumber

By Jonathan Paine, NLMBDA President
HBSDealer
March 31, 2025
Category: Business & Politics
Region: United States

The US-Canadian lumber and building material industry is predicated on a fundamental understanding that our respective economies flourish when we engage in robust and fair trade between our two nations. Canada has long been a crucial partner in providing the United States with lumber and various building materials. These products are essential to the construction of homes, commercial buildings, and infrastructure across the United States. …Our industry is supportive of your administration’s initiative of increasing domestic sourcing of lumber to reduce reliance on foreign imports through strengthening the U.S. timber industry. However, it is important to recognize that achieving this goal will take time and require significant investment in both infrastructure and sustainable forest management. While domestically available species such as Southern Yellow Pine are a valuable resource, they do not serve as a direct substitute for the many applications where Canadian Spruce-Pine-Fir (SPF) is preferred. 

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Sumitomo Forestry Acquires Teal Jones Louisiana sawmill

Sumitomo Forestry Co. Ltd.
April 28, 2025
Category: Business & Politics
Region: United States, US East

LOUISIANA — Sumitomo Forestry announced that on March 28, 2025, the Board of Directors resolved to acquire 100% of the shares of Teal Jones Louisiana Holdings through its wholly owned subsidiary Sumitomo Forestry America, and to begin procedures to make Teal Jones a consolidated subsidiary. The acquisition will be carried out in accordance with procedures outlined under the Companies’ Creditors Arrangement Act of Canada and Chapter 15 of the United States Bankruptcy Code. It is subject to approval by the Courts of Canada and the United States. After these procedures, Sumitomo Forestry plans to complete this acquisition by the second quarter of 2025. In addition, since Teal Jones capital is more than 10% of Sumitomo Forestry’s capital, Teal Jones will become a specified subsidiary of Sumitomo Forestry.

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New Tariffs, But Not On Timber And Lumber

By New Zealand Wood Products Manufacturers Association
Scoop Independent News
April 3, 2025
Category: Business & Politics
Region: International

NEW ZEALAND — The temporary exemption of tariffs on timber and lumber imported into the US provides some relief to New Zealand exporters. Though this exemption could be short lived based on the outcome of the Section 232 investigation aimed at determining the effects imports of timber, lumber and their derivative products have on the US supply chain. Exports of radiata pine products from New Zealand to the US were estimated at $358 million, making the US our third largest export market behind China and Australia. …The exemption comes about through internal US lobbying, by the likes of the American Building Materials Alliance and National Association of Home Builders.  …The administration has recognised that raising costs on timber and lumber would hurt housing affordability and weaken an important supply chain. …We thank our kindred Associations in the US for making this happen. We now wait for completion of the s. 232 investigation.

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Metsä Board appoints Esa Kaikkonen as CEO, replacing Mika Joukio

Metsä Group
March 31, 2025
Category: Business & Politics
Region: International

FINLAND — Metsä Board Corporation confirms that its CEO Mika Joukio will step down from his position on 7 April 2025, with Esa Kaikkonen appointed as his successor by the company’s Board of Directors. Joukio will continue supporting the transition until October 2025. This announcement follows an agreement between Joukio and the Board finalized Monday, according to Metsä Board Corporation. Joukio’s career spans 35 years, beginning at the Tako board mill and culminating in his appointment as CEO in 2014.  …Kaikkonen, currently EVP, Strategy at Metsä Group, has held senior roles across the organization since 1998. His previous positions include CEO of Metsä Tissue (2018–2025), EVP of Metsä Wood (2013–2018), and Group General Counsel (2003–2013).

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No solution in the labour dispute at Finland’s UPM Plywood

UPM Plywood
March 30, 2025
Category: Business & Politics
Region: International

FINLAND — UPM Plywood and the Industrial Union have failed to reach an agreement on a new employer-specific collective agreement. The union rejected the mediator’s settlement proposal, and the five-week strike at UPM Plywood mills in Finland continues. The proposal made by conciliator Jukka Ahtela on Friday was in line with the general pay increase level agreed by the Industrial Union for the export industry in Finland. The agreement would have allowed UPM Plywood employees to receive a total pay increase of 7.8% over 3 years. UPM Plywood accepted the proposal.m …The strikes have halted production at UPM Plywood mills in Finland. UPM Plywood mills in Finland employ 1,000 people covered by the collective agreement with the Industrial Union. Production at UPM Plywood’s Otepää mill in Estonia continues as normal.

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Finance & Economics

How will tariffs hit the residential construction industry?

By Wheeler Cowperthwaite
The Providence Journal
April 3, 2025
Category: Finance & Economics
Region: Canada, United States

PROVIDENCE, Rhode Island [At the JLC Live Residential Construction Show] – What will tariffs mean for the residential construction industry? It depends. …Since all the other asphalt shingle manufacturers get their oil from Canada, the most likely scenario is that all the companies raise their prices, even if the shingles are produced in the US. Canadian shingle manufacturers will feel the most pain when exporting to the American market because of the cost of tariffs on their finished product, Hartnett said. Canadian wood: Manufacturers and sellers of anything wood related are going to feel the pinch. Wood is one of the most-used materials in residential construction (aluminum and steel are more prevalent in commercial and large residential buildings), and much of it comes from Canada. New Hampshire wood supplier Weyerhaeuser’s John Evans said much of their raw materials come from Canada, which will be hit by tariffs.

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Canada’s housing market projections point to slowdown from 2025 – 2027

The REMI Network
March 31, 2025
Category: Finance & Economics
Region: Canada

Predicting Canada’s economic future remains challenging due to ongoing tariff disputes, reduced immigration targets, and changes in federal leadership, all of which contribute to housing market uncertainty. According to the Canada Mortgage and Housing Corporation’s (CMHC) latest Housing Market Outlook, these factors will inevitably influence rental housing demand. CMHC forecasts that in 2025, rent growth across most Canadian markets will slow as vacancy rates increase, ultimately leading to gradual improvements in rental affordability. As per the report, “We expect lower immigration and an increase in first-time homebuyers to continue to reduce rental demand throughout 2025 – 2027. Supply will continue to expand as new rental units are completed, leading to higher vacancies and slower rent increases.”

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Canada’s GDP grew 0.4% in January, following a 0.3% increase in December

Statistics Canada
March 28, 2025
Category: Finance & Economics
Region: Canada

Real gross domestic product (GDP) grew 0.4% in January, following a 0.3% increase in December. Both goods-producing and services-producing industries were up, with 13 of 20 sectors rising in January. …Construction rose 0.7% in January as most types of construction activity were up. Residential building construction (+1.4%) was the largest contributor to the increase in January, posting its fifth increase in six months and bringing activity to its highest level since November 2023. Higher multi-unit construction activity in Ontario and greater activity in home alterations and improvements drove the increase in January 2025. Repair construction was up 1.2% in January, while non-residential building construction (+1.2%) posted its sixth consecutive increase, driven by higher activity in public and industrial building construction in January.

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Dow drops 1,100 points, crushed for a second day on fears Trump has ignited a global trade war

By Brian Evans, Alex Harring & John Melloy
CNBC News
April 4, 2025
Category: Finance & Economics
Region: United States

The stock market took another pounding Friday after China retaliated with new tariffs on U.S. goods, raising fears a trade war will tip the globe into a recession. The Dow Jones Industrial Average traded 1,130 points, or 2.8%. This follows a 1,679.39 point decline on Thursday. The S&P 500 slid 3.2% after the benchmark shed 4.84% on Thursday. The Nasdaq Composite shed 3.5% as many tech companies have exposure to China. …“The Trump administration may be playing a game of chicken with trading partners, but market participants aren’t willing to wait around for the results,” said Michael Arone, at State Street Global Advisors. “Investors are selling first and asking questions later.” Bank stocks tumbled in the premarket as worries of a U.S. economic slowdown grew. …The 10-year Treasury yield fell back below 4% Friday as investors flooded into bonds for safety. JPMorgan late Thursday raised the odds of a recession this year to 60% from 40%.

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US emerges as biggest loser in markets from Trump’s tariffs

By Richard Henderson and Sagarika Jaisinghani
BNN Bloomberg
April 3, 2025
Category: Finance & Economics
Region: United States, International

US President Trump’s shake-up of the global trading system is hurting US assets more than those in many of the big economies he has just slapped with additional tariffs. US equity index futures tumbled more than 4% after Trump announced a sweeping series of tariffs, and a gauge of the US dollar slumped. But the impact elsewhere was less extreme. The Stoxx Europe 600 was down 1.9%, while the euro was up 2.2% against the US dollar, hitting its highest level since October. A broad gauge of Asian stocks fell as much as 1.7%. The widespread selloff in global markets makes clear that investors don’t expect any winners from the latest — and by the far the largest — salvo in a growing trade war. But they also suggest the US itself might be one of the biggest victims of Trump’s protectionist policies. …Overall, the US dollar headed for its worst day in over two years.

Related in NPR: Dow drops 1,500 points on trade war fears over new tariffs

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US Manufactured Homes: An Alternative Means of Housing Supply

By Catherine Koh
NAHB Eye on Housing
April 3, 2025
Category: Finance & Economics
Region: United States

Manufactured homes play a measurable role in the U.S. housing market by providing an affordable supply option for millions of households. According to the American Housing Survey, there are 7.2 million occupied manufactured homes in the U.S., representing 5.4% of total occupied housing and a source of affordable housing, in particular, for rural and lower income households. Often thought of as synonymous to “mobile homes” or “trailers”, manufactured homes are a specific type of factory-built housing that adheres to the U.S. Department of Housing and Urban Development’s Manufactured Home Construction and Safety Standards code. …The East South Central division (Alabama, Kentucky, Mississippi and Tennessee) have the highest concentration of manufactured homes, representing 9.3% of total occupied housing. The Mountain region follows with 8.5%, while the South Atlantic region holds 7.7%.

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Wall Street joins global sell-off as Trump tariffs fuel recession fears

By Graeme Wearden
The Guardian
March 31, 2025
Category: Finance & Economics
Region: United States, International

Donald Trump’s trade war is alarming the global markets, sending shares sliding in their worst month in over two years. Stock markets across the Asia-Pacific region are in retreat this morning, as investors fear Trump will announce swingeing new tariffs on Wednesday, which has been dubbed “Liberation Day” by the US president. Japan’s Nikkei has lost 3.9%, down 1,457 points at 35,662 points today, while South Korea’s KOSPI is down 3%, Australia’s S&P/ASX 200 has fallen 1.7%. In China, which has already been hit by Trump tariffs this year. the CSI 300 is 0.9% lower. …Today’s selloff comes after Donald Trump told reporters that the reciprocal tariffs he is set to announce this week will include all nations. …On Friday, core inflation rose by more than expected, while consumer sentiment weakened to its lowest level since 2022. 

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Wood, Paper & Green Building

Mercer Mass Timber powers Walmart’s new mass timber campus, the largest in the US

By Larry Adams
The Woodworking Network
April 3, 2025
Category: Wood, Paper & Green Building
Region: United States

SPOKANE VALLEY, Washington – Mercer Mass Timber (MMT) is playing a key role in the construction of Walmart’s new Home Office in Bentonville, Arkansas—the largest mass timber corporate campus in the United States. The installation of the mass timber panels began in Spring 2024 and is now fully complete. Shawmut Design and Construction and Layton Construction selected MMT to provide cross-laminated timber (CLT) and glue-laminated timber (Glulam) for two major sections of the campus, opening in late 2025 to early 2026. …Mercer Conway, located in Conway, Arkansas, supplied a total of 21,000 cubic meters of CLT and Glulam while providing jobs for 58 local employees. …”This project showcases how mass timber can transform commercial construction,” said Nick Milestone, SVP at Mercer Mass Timber. “We’re proud to support Walmart’s sustainability vision and demonstrate how local, eco-friendly materials create beautiful, high-performance workplaces.”

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Oregon State Releases Permit Ready Plan For Decks

My Central Oregon
April 4, 2025
Category: Wood, Paper & Green Building
Region: United States, US West

The Oregon Building Codes Division (BCD) has published its first permit-ready plan under the state’s updated Permit-Ready Plans Program. The building plans, available free to the public, are for a code-compliant residential deck. The Permit-Ready Plans Program creates an efficient pathway for the state to develop and make publicly accessible building plans that meet the requirements of the state building code. Plans are published to the BCD website. …The first plan published is a single-level, wood-framed, exterior deck attached to a building regulated by the Oregon Residential Specialty Code. BCD anticipates publishing more permit-ready plans for other residential accessory structures such as pole buildings, detached garages, patio covers, and carports later this year. The division will start developing plans for smaller detached dwelling units by the end of 2025.

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Forestry

Canfor and Canfor Pulp demonstrate ESG performance in 2024 Sustainability Report

By Canfor Corporation
Cision Newswire
April 2, 2025
Category: Forestry
Region: Canada

VANCOUVER, BC – Canfor Corporation and Canfor Pulp Products released their joint 2024 Sustainability Report today. The report describes the companies’ approach to managing environmental, social and governance activities, and reports on established targets. Canfor CEO Susan Yurkovich said, “Sustainability is at the forefront of our business and we continually strive to be better at all that we do.” 2024 performance highlights include: Maintaining certifications for sustainable forest management and fibre procurement activities, with 100% of Canfor-managed forests certified to SFI® or FSC® Forest Management Standards, 100% of sourced fibre in North American operations managed to the SFI Fibre Sourcing Standard and 100% of Swedish forestry operations certified to the PEFC Forest Management Standard. …Advancements in safety, health and wellness initiatives. …Investing in communities, with more than $2 million donated. …Continuing to pursue our goal to be net zero by 2050.

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TLA 80th Annual Convention: Advancing Innovation for 80 Years

By Kelly McCloskey, Tree Frog Forestry News
Truck LoggerBC Magazine
April 1, 2025
Category: Forestry
Region: Canada, Canada West

David Eby

The 80th annual Truck Loggers Association (TLA) Convention brought together industry leaders, policymakers, and experts at a time of significant change and challenge for BC’s forest sector. The attendees engaged in discussions on investment concerns, policy shifts, contractor sustainability, wildfire and climate change mitigation, and technological advancements shaping the industry’s future. Three keynote speakers stood out: Premier David Eby, who took an unusually conciliatory tone in acknowledging past missteps; Forest Minister Ravi Parmar, who laid out ambitious promises for the future, and John Rustad, BC Conservative leader, who provided a strong counterpoint. The convention opened with a sobering but forward-looking message from TLA President Dorian Uzzell and owner of Wahkash Contracting. Reflecting on this year’s theme, he underscored the growing uncertainty in BC forestry, warning that policy-driven inefficiencies are making some forests uneconomical to operate in. “If the entire supply chain isn’t functioning, we all become the have-nots,” he cautioned. 

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Historic ice storm cripples northern Michigan, leaves 90,000 without power

By Myesha Johnson and Anne Snabes
The Detroit News
March 30, 2025
Category: Forestry
Region: United States, US East

MICHIGAN — A crippling ice storm in northern Michigan has knocked out power to at least 90,000 residential and business customers. As of midday Sunday, half an inch to three-quarters of an inch of ice had accumulated in much of northeast Lower Michigan, and an inch and a half had accumulated in Elmira, near Gaylord. …Virtually all customers of the Presque Isle Electric & Gas Co-op and Alpena Power Co. were without power Sunday, some for more than 30 hours. Presque Isle reported about 32,000 electric members and reported about 32,000 outages. Alpena Power serves about 16,750 electric customers covering 250 square miles in the northeastern Lower Peninsula of Michigan and said 99% of its customers were without power. The two utilities serve much of Michigan’s northeastern Lower Peninsula. “This storm is unlike anything we have experienced,” Presque Ile co-op president and CEO Allan Berg said.

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Former Head Of Oklahoma Forestry Department Speaks Out Following Firing

By Christian Hans
News9.com
March 31, 2025
Category: Forestry
Region: United States, US East

OKLAHOMA — The former head of the Oklahoma Forestry Service is speaking out after he was fired by Gov. Kevin Stitt for his agency’s response to a wildfire outbreak earlier this month. Mark Goeller, who was let go by the state on March 26, posed on social media Sunday evening, claiming he has been falsely accused of not meeting the standards required by his position. …”The Agency to which I dedicated over 40 years of my life was said to have performed poorly. Preparations were made well in advance, the public was notified of the impending fire danger, firefighting resources were ordered and in place.” He said nothing was held back regarding his agency’s response to the wildfires, and it was because of their efforts the fires were not as impactful as they could have been.

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