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Special Feature

The Tree Frog News grew 44% to 105,000 readers in 2024. Your feedback is key to continue the trend!

By Sandy McKellar, Editor
Tree Frog Forestry News
January 29, 2021
Category: Special Feature
Region: Canada, United States, International

We’re proud to share that in 2024 the Tree Frog Forestry News readership surged by an impressive 44%, reaching 105,411 unique users (per Google Analytics)! This remarkable growth far outpaces our average annual increase of ~20% over the past decade. Even more, our audience is becoming increasingly continental: in 2020, 22% of our readers were US-based, but by 2024, that number climbed to 39%. Canada still leads at 51%, with the remaining 10% representing international readers from the UK, Australia, Japan, India, and beyond.

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Your feedback is essential to ensuring the Tree Frog Forestry News remains your trusted source for forestry updates. Completing our quick 6-8 minute survey will help us improve and continue to offer this free, open-access resource. The survey is completely anonymous, and your responses will be kept strictly confidential. Thank you for helping us grow and better serve the forestry community!

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Business & Politics

Canadian Forest Industry, Steelworkers respond to tariffs

CBC News
February 1, 2025
Category: Business & Politics
Region: Canada, United States

Northern Ontario’s softwood lumber industry would be decimated if Trump implements a tariff on Canadian goods said Wendy Landry, president of the Northern Ontario Municipal Association and mayor of Shuniah. …Ian Dunn, CEO of the Ontario Forest Industries Association (OFIA) said softwood lumber duties are expected to double this year, as well, to about 30%-35%. “In reality, Ontario lumber producers could face 60% tariffs at the border, which would effectively wipe out all US shipments,” Dunn said. “In terms of global exports, Ontario exports about $7.9 billion of forest products per year. 79% of that goes to the US,” he said. “Sawmills produce lumber, but they also produce residuals which are consumed by the pulp and paper mills.”  “If there’s additional impacts, and there’s less production at the sawmills, there is less raw material for the pulp and paper mills,” he said.

In related forest sector coverage:

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Provincial and state leaders respond to Trump’s tariffs

By Shaurya Kshatri
CBC News
February 2, 2025
Category: Business & Politics
Region: Canada, United States

David Eby

BC Premier David Eby announced immediate countermeasures to U.S. tariffs on Saturday, including banning ‘red-state’ American liquor from public stores. He says the province will also fast-track permits for local projects and expand trade beyond the US to reduce reliance on its market. “We have targeted red states because, quite frankly, Donald Trump doesn’t care about Democrat states,” said Housing Minister Ravi Kahlon. “We want to make sure that we’re not punishing states that have nothing to do with this.” …John Brink, who employs about 400 people in northern B.C. through his group of lumber-focused companies says his business is already feeling the impact. …Surrey Mayor Brenda Locke says she wrote to Eby Sunday morning urging him to implement tax cuts and roll out a comprehensive relief package, similar to what was introduced during the COVID-19 pandemic, to support businesses and families.

Related Provincial coverage from:

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Opinion: Alienating allies and partners that the US needs means that “America First” will be “America Alone.”

By David Frum
The Atlantic
February 1, 2025
Category: Business & Politics
Region: Canada, United States

David Frum

To understand the harm Donald Trump has done with his tariffs on Canada and Mexico, here are four things you need to know: First, every tax on imports is also a tax on exports. …Trump tariffs will be paid in the form of higher prices for imports and their substitutes, and lower profits and wages for everyone who works in export industries. Second, every product is also an input. …Big, sophisticated global companies can shift their input-sourcing but the shift is never easy. For smaller companies, it may prove altogether unfeasible. …Third, “illegal” is irrelevant; don’t expect relief from tariffs through lawsuits. The US has sabotaged the dispute-settlement mechanisms under the North American trade agreements. …Fourth, Americans may not remember their past actions, but others do. …Trump is single-handedly reneging on 80 years of American work to persuade others to trust and rely on the US. …“America First” means “America Alone.” [A subscription to the Economist is required to read the full story]

In Relate Opinion Coverage by:

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Economists weigh in: The dumbest trade war fallout begins

The Editorial Board
The Wall Street Journal
February 2, 2025
Category: Business & Politics
Region: Canada, United States

President Trump conceded Sunday that there may be “some pain” from his sweeping tariffs on Mexico and Canada, but they will eventually lead to a new “GOLDEN AGE.” Nice of him to promise a glorious future because the pain is already unfolding. …He also included a blast at these columns for leading the “Tariff Lobby” after our editorial called his 25% across-the-board tariffs on our friends and neighbors “the dumbest trade war in history.” …But bad policy has damaging consequences, whether or not Mr. Trump chooses to admit it. Tariffs are taxes, and when you tax something you get less of it. …The hammer blow to Mexico and Canada shows that no country or industry is safe. …This will cause friends and foes to recalibrate their dependence on America’s market. How this helps the US isn’t apparent, so, yes, “dumbest trade war” sounds right, if it isn’t an understatement. [A Wall Street Journal subscription is required to read the full story]

Related Economic Coverage in:

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Canada announces $155B tariff package in response to US tariffs

Government of Canada
February 1, 2025
Category: Business & Politics
Region: Canada, United States

The Government of Canada is moving forward with 25 per cent tariffs on $155 billion worth of goods in response to the unjustified and unreasonable tariffs imposed by the United States on Canadian goods. These countermeasures have one goal: to protect and defend Canada’s interests, consumers, workers, and businesses. The first phase of our response will include tariffs on $30 billion in goods imported from the U.S., effective February 4, 2025, when the U.S tariffs are applied. …Minister LeBlanc also announced that the government intends to impose tariffs on an additional list of imported U.S. goods worth $125 billion. A full list of these goods will be made available for a 21-day public comment period. …In addition to this initial response, Ministers LeBlanc and Joly reiterated that all options remain on the table. …Less than 1 per cent of the fentanyl and illegal crossings into the United States come from Canada.

Related coverage in:

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Trump Imposes Tariffs on Imports from Canada, Mexico and China

The White House
February 1, 2025
Category: Business & Politics
Region: Canada, United States

The extraordinary threat posed by illegal aliens and drugs, including deadly fentanyl, constitutes a national emergency under the International Emergency Economic Powers Act. Until the crisis is alleviated, President Donald J. Trump is implementing a 25% additional tariff on imports from Canada and Mexico and a 10% additional tariff on imports from China. Energy resources from Canada will have a lower 10% tariff. President Trump is taking bold action to hold Mexico, Canada, and China accountable to their promises of halting illegal immigration and stopping poisonous fentanyl and other drugs from flowing into our country. The orders make clear that the flow of contraband drugs like fentanyl to the United States, through illicit distribution networks, has created a national emergency, including a public health crisis. …”This Tariff will remain in effect until such time as Drugs, in particular Fentanyl, and all Illegal Aliens stop this Invasion of our Country!”

In related coverage in:

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Trump Aides Hunt for 11th-Hour Deal to Dial Back Canada-Mexico Tariffs

By Gavin Bade, Vipal Monga and Santiago Pérez
The Wall Street Journal
January 30, 2025
Category: Business & Politics
Region: Canada, United States

President Trump’s advisers are considering several offramps to avoid enacting the universal tariffs on Mexico and Canada that he had pledged, according to people familiar with the matter, even as he reiterated Thursday that the tariffs are coming. The situation is fluid and Trump still may go through with his 25% across-the-board levies. …But amid ongoing negotiations, the administration appears undecided on whether to impose tariffs on all imports from those countries, adding that officials are preparing to opt for more targeted measures instead. Trump is still likely to announce some sort of trade action by Saturday, but it may only affect certain sectors, such as steel and aluminum. Trump may also include major exemptions, such as oil. And the tariffs could be issued using existing legal authorities instead of more novel approaches officials had previously floated. …The administration could also announce new tariffs with a grace period, allowing negotiations to continue.

Related in the New York Times: The World Economy Awaits Trump’s First Round of Tariffs

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Trump says 25 per cent tariffs coming for Canada on Saturday

By Kelly Geraldine
The Canadian Press in Business in Vancouver
January 30, 2025
Category: Business & Politics
Region: Canada, United States

Howard Lutnick

WASHINGTON — U.S. President Donald Trump says he will decide Thursday night whether to include oil in his tariff plan as he confirmed his intention to impose devastating duties on Canadian imports on Saturday. …Trump initially claimed his 25 per cent tariff threat was in response to what he called the failure by Canada and Mexico to curb the illegal flow of people and drugs across the border. His complaints have since expanded far beyond border security. On Thursday, Trump repeated his objections to trade deficits with both countries. …Canadian officials are still hoping a final diplomatic push aimed at lawmakers in Washington and Trump’s team can sway the president. …Finance Minister Dominic LeBlanc described Canada’s border security efforts to Howard Lutnick. …Foreign Affairs Minister Mélanie Joly is in Washington. …Public Safety Minister David McGuinty and Immigration Minister Marc Miller were travelling to Washington.

Related coverage by:

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US says Canada can avoid tariffs with border action

By Josh Wingrove and Daniel Flatley
Bloomberg News in the National Post
January 29, 2025
Category: Business & Politics
Region: Canada, United States

Howard Lutnick

President Donald Trump’s pick to lead the Commerce Department said Mexico and Canada can avoid new tariffs due this weekend if they clamp down on border security — while also signalling that Trump is likely to impose widespread new levies to return manufacturing to US soil. The testimony from Howard Lutnick provides the latest clues of how the Trump administration will roll out a flurry of threatened new levies. …Trump has ordered a study of overall trade issues and tariffs to be finished by April 1. Lutnick described that process as broader, while saying the immediate 25% tariffs Trump has pledged is related to migration and fentanyl issues. “If we are your biggest trading partner, show us the respect, shut your border,” he said. “And as far as I know, they are acting swiftly, and if they execute it, there will be no tariff. And if they don’t, then there will be.”

Related coverage in:

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US Lumber Coalition Disappointed In Wall Street Journal Erroneous Opinion Piece On Softwood Lumber Trade

By Zoltan van Heyningen
The US Lumber Coalition
January 28, 2025
Category: Business & Politics
Region: Canada, United States

Zoltan van Heyningen

Since 2016, U.S. mills have added eight billion board feet of production capacity and produced 30 billion additional board feet of softwood lumber, more than offsetting the decline in unfairly traded Canadian imports. This strengthening of domestic supply lines to build American homes with American lumber would not have happened without strong enforcement of the U.S. trade laws, which work to level the playing field against subsidized and dumped imports. …Total cost of lumber to the builder in an average new home is only about 1.3%. It simply is not credible to state that lumber cost drives housing affordability. “We were disappointed reading the recent The Wall Street Journal Editorial Board Opinion” stated Andrew Miller, Chairman of the U.S. Lumber Coalition, and President and CEO of Stimson Lumber Company. …“Canada overproduces softwood lumber for the sole purpose of maintaining employment in Canada, and they unload their oversupply of lumber into the U.S. market at the expense of American jobs, companies and their communities.”

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Will the political parties stick up for Ontario’s ailing forest industry?

By Tom Clark, Jeremy Williams, Don Huff & Bud Knauff
Northern Ontario Business
January 30, 2025
Category: Business & Politics
Region: Canada, Canada East

As Ontario braces for a snap provincial election called by Premier Doug Ford, the languishing forest industry in rural and Northern Ontario remains a critical yet overlooked issue. The closure of major pulp mills in Espanola and Terrace Bay have dealt a severe blow to the region’s economy, with far-reaching consequences that demand immediate attention. …With only two pulp mills remaining operational in Ontario, the forest sector is at a critical juncture. The lack of product diversity and mutual support among mills threatens the survival of the entire industry. …While the cost of rebuilding these facilities would be substantial—estimated at over $500 million each—it also opens the door for modernization and innovation. Ontario now has a unique chance to re-imagine its forest sector, potentially introducing new, state-of-the-art pulp mills. …Such an investment would not only revitalize the forest industry but also provide a much-needed economic boost to Northern Ontario.

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Federal minister signs off on Nova Scotia’s Boat Harbour cleanup plan

By Michael Gorman
CBC News
January 28, 2025
Category: Business & Politics
Region: Canada, Canada East

The Nova Scotia government has a green light from Ottawa for its $425-million plan to remediate Boat Harbour, but it comes with a long list of conditions that includes continuing to look for another site to store contaminated sludge in the long term. Federal Environment Minister Steven Guilbeault issued his decision last Friday following an environmental assessment by the Impact Assessment Agency of Canada, work that began almost six years ago for the cleanup of the body of water near Pictou Landing First Nation that for decades received effluent from the Northern Pulp mill. Under terms of the approval, an existing on-site hazardous waste containment facility would be vertically expanded. …The cleanup project follows the shutdown of the former Northern Pulp mill at Abercrombie Point in 2020. …Northern Pulp’s parent company is currently exploring the potential of establishing a new operation in the Liverpool area.

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Ontario Business Leaders Unite to Counter Tariff Threat, Strengthen Competitiveness

Ontario Chamber of Commerce
January 28, 2025
Category: Business & Politics
Region: Canada, Canada East

TORONTO – In the face of rising international protectionism and the looming threat of U.S. tariffs, the Ontario Chamber of Commerce has launched the Ontario Business & Trade Leadership Coalition (OBTLC). This Coalition unites leaders from key trade-dependent sectors to… advocate for effective government policies and solidify Ontario’s position as a global leader in trade. “President Trump has claimed the U.S. doesn’t need Canada – but we are here to show just how invaluable we are. …The Ontario Business & Trade Leadership Coalition represents a united response,” said Daniel Tisch, President and CEO of the Ontario Chamber of Commerce. …Ian Dunn, R.P.F., President & CEO, Ontario Forest Industries Association said, “Ontario’s forest sector is highly exposed to trade, employing 137,000 people in northern, rural, and Indigenous communities. We are united with our colleagues throughout the province to protect our industries and the communities that rely on their success.” 

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European Union leaders vow to fight back if Trump imposes tariffs

By Rory Armstrong
The Associated Press in Euro News
February 3, 2025
Category: Business & Politics
Region: United States, International

Olaf Scholz

The European Union has responded with unity and conviction after US President Donald Trump announced on Sunday that import tariffs on the European Union are “definitely happening”. …European leaders appeared to agree that the EU will fight US tariffs, if they were to be applied. German chancellor Olaf Scholz said the bloc “can react to tariff policies with tariff policies”. …As Trump’s moves forward his foreign policy agenda… the EU is looking to become more independent, both economically and militarily. “We have to do everything to avoid this totally unnecessary and stupid tariff war,” said Polish PM Donald Tusk, adding that “we cannot lose awareness of our interests. At the same time, we cannot lose our European self-respect and self-confidence. It’s not easy, but we’ll see.” The prime minister of Denmark, Mette Frederiksen, said she “does not support fighting allies,” but that Denmark will respond to US tariffs.

Related coverage in:

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US Lumber Coalition Rebuts Canada’s Offensive To Dismantle US Measures Against Unfairly Traded Lumber Imports

The US Lumber Coalition
PR Newswire
February 1, 2025
Category: Business & Politics
Region: United States

Canada is frantically pushing the idea that the UW needs their unfairly traded softwood lumber by attacking President Trump’s strong border measures,” said Andrew Miller, Chairman of the US Lumber Coalition. “Erroneous, but persistent, messaging by Canada and NAHB regarding the impact of lumber border measures on housing costs leads to inaccurate and inflammatory headlines such as “Trump tariffs on Canadian lumber could be a ‘nightmare’ for California’s fire recovery.” Headlines like these serve to push an agenda that is not grounded in facts. Miller also noted that organizations such as the NAHB have carried out a policy to oppose internationally-accepted restraints on unfairly traded building products,” to help achieve this objective. Over the years NAHB and Canada have held numerous meetings together and appear to be well coordinated in their messaging attacking the enforcement of the U.S. trade laws against unfairly traded Canadian lumber imports.

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Trump tariffs may roil Maine energy prices, and lobster, lumber markets

By Stephen Singer
The Portland Press Herald
January 30, 2025
Category: Business & Politics
Region: United States

PORTLAND, Maine — Tariffs that are central to Trump’s economic policies could destabilize markets for numerous Maine products from lumber to electricity. …Tariffs on products from Canada, which is Maine’s biggest trading partner, would send powerful ripples across the state’s economy. Maine brought in $4.4 billion of goods – fuels, oil, electricity, wood pulp and more – from its neighbor in 2024. Imports from Canada far outpace those from any other trading partner. …Patrick Woodcock, CEO of the Maine State Chamber of Commerce said, “many state businesses see Canada not just as a market to buy and sell items, but a place with mills and processing plants that are “fully integrated in their business plans”. …New tariffs could complicate trade relations between the U.S. and Canada, which have been tested in disputes over lumber for decades, said Patrick Strauch, of the Maine Forest Products Council… but a universal tariff would have the biggest effect on the price of energy. [the access the full story a Portland Press Herald subscription is required]

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Port of Port Angeles gains foreign trade zone designation

By Paula Hunt
The Peninsula Daily News
January 29, 2025
Category: Business & Politics
Region: United States, US West

PORT ANGELES — The Port of Port Angeles has gained foreign trade zone designation from the U.S. Department of Commerce’s International Trade Administration. Its application was approved Jan. 10. The next step will be a meeting with U.S. Customs and Border Protection. …The port has not yet decided where the foreign trade zone will be located. …“We’re really looking at it for some of our existing clientele,” McMahon said. “In addition, with the potential for tariffs coming into play, this could be pretty apropos timing for us to have one. I think one of the big things that we’re going to see here is wood coming from Canada using this FTZ.” For example, he said, a company that imports wood from Canada to fabricate chairs in the foreign trade zone and then sends the finished product back would not have to pay export duties.

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USG Paper to revive former International Paper plant in Orange, Texas

By Scott Eslinger, Ebonee Coleman & Gaggy Gaspard
12news.com
January 29, 2025
Category: Business & Politics
Region: United States, US East

ORANGE, Texas — Up to 150 new jobs could be coming to Orange with a $715 million investment into the former International Paper plant. USG Paper plans to invest $715 million to expand its paper manufacturing operations to Orange creating from 120 to 150 new jobs at the former International Paper facility. Nearly 500 employees lost their jobs when the International Paper plant shut down without warning last fall. …On November 19, 2024, the Orange City Council approved the old International Paper facility to be designated a reinvestment zone. This will allow for tax break incentives from the city to attract possible buyers. The wallboard and gypsum products manufacturer received approval for economic development incentives from both the City of Orange Economic Development Corporation Board of Directors and the Orange City Council. “We will be providing them with a $200,000 economic incentive for two years.

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Finance & Economics

Lumber Extends Rally Following US Tariffs

Trading Economics
February 3, 2025
Category: Finance & Economics
Region: Canada, United States

Lumber futures surged to over $590 per thousand board feet, approaching the two-month high of $600 from January 6th following US President Trump’s decision to implement tariffs on Canada, a major supplier of wood to the US. The tariffs were threatened by the US President shortly after taking office, but conflicting messages from the Presidential administration raised skepticism for investors on whether trade barriers would actually be raised. According to the latest data, Canada supplied around 30% of lumber used in the US last year. The 25% tax on Canadian goods, including wood, add to the already existing anti-dumping duties of 14.5%, raising capacity pressures on domestically produced alternatives. In the meantime, the greater degree of confidence that the Fed will deliver more than one rate cut this year drove benchmark mortgage rates to ease below 7%, giving some respite to construction demand. [END]

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Lumber prices hold steady through January while traders embrace a wait-and-see approach

By Joe Pruski
RISI Fastmarkets
January 31, 2025
Category: Finance & Economics
Region: Canada, United States

Framing lumber markets hovered in a holding pattern as traders embraced a wait-and-see approach to a potential 25% tariff on Canadian shipments. The Random Lengths Framing Lumber Composite Price finished the week $1 lower. Western S-P-F buyers moved to the sidelines in late trading, citing minimal immediate needs and uncertainty about the tariffs and near-term prospects. …Price weakness lingered in the Southern Pine market amid sluggish to stagnant sales. Buyers lacked urgency and the potential impact of tariffs on demand for SYP was a widespread topic of conversation. …Traders debated how much of a price spread between Western S-P-F and SYP would need to emerge before end users substituted species on a larger scale. …In Coast markets, Hem-Fir dimension continued to face serious downward pressure from soft Inland prices. Meanwhile, dry Douglas Fir dimension prices stabilized, assisted by a green market that has found its footing.

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A Pause for the US Fed for Interest Rates

By Robert Dietz
NAHB – Eye on Housing
January 29, 2025
Category: Finance & Economics
Region: Canada

The Federal Reserve paused rate cuts, holding the federal funds rate in the 4.25% to 4.5% range. …The Fed noted the economy remains solid… but the central bank appears to be in no hurry to enact additional rate cuts. While the Fed did not cite the election and accompanying policy changes today, the central bank did note that its future assessments of monetary policy “will take into account a wide range of information, including readings on labor market conditions, inflation pressures, and inflation expectations, and financial and international developments.” …Tariffs and a tighter labor market from immigration issues represent upside inflation risks, but equity markets have cheered prospects for an improved regulatory policy environment, productivity gains and economic growth due to the November election. These crosswinds may signal a lengthy pause for monetary policy.

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Bank of Canada cuts key interest rate to 3% as tariff threats loom

By Mick le Couteur
BNN Bloomberg
January 29, 2025
Category: Finance & Economics
Region: Canada

Canada’s central bank has cut interest rates for a sixth consecutive time as inflation remains around two per cent and the threat of U.S. tariffs looms. The 25-basis point cut comes as the Bank of Canada forecasts GDP growth will strengthen in 2025 if there is no trade war with the United States. Bank of Canada Governor Tiff Macklem said while tariffs are top of mind, they were not factors in the rate cut and the monetary policy report MPR). “Since scope and duration of a possible trade conflict are impossible to predict, the MPR projection we published today provides a baseline forecast in the absence of tariffs,” said Macklem. …Macklem says a protracted and broad-based trade war would hurt economic activity in Canada with the higher cost of imported goods putting direct upward pressure on inflation.

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Homebuilding costs to jump as trade war begins, says Residential Construction Council of Ontario

By Candyd Mendoza
Canadian Mortgage Professional Magazine
February 3, 2025
Category: Finance & Economics
Region: Canada, Canada East

New tariffs imposed by Trump on Canadian imports could have a devastating impact on the homebuilding industry in both Canada and the United States, the  (RESCON) said. …The US has announced a 25% tariff on all imports from Canada and Mexico, a move that experts say will drive up prices for critical building materials like lumber, steel, aluminium, and gypsum used for drywall. These essential materials are widely used in home construction, and any increase in their costs will likely be passed down to buyers already facing affordability challenges. …Canadian homebuilders rely heavily on US materials, just as American developers depend on Canadian lumber and metals. Canada supplies over 85% of US imported lumber and is the largest foreign supplier of steel and aluminium to the US market.

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US Mortgage Rates Tick Upward in January

By Catherine Koh
The NAHB Eye on Housing
January 31, 2025
Category: Finance & Economics
Region: United States

US Mortgage rates edged higher in January, with the average 30-year fixed-rate mortgage reaching 6.96%. Rates had been climbing steadily since mid-December—even surpassing 7%—before easing in recent weeks as the bond market stabilized following news that President Donald Trump postponed tariffs plans to February 1. According to Freddie Mac, the average rate for a 30-year fixed-rate mortgage rose 24 basis points (bps) from December, extending a two-year trend of fluctuations between 6% and 7%. Meanwhile, the 15-year fixed-rate mortgage increased 23 bps to land at 6.13%. The 10-year Treasury yield, a key benchmark for mortgage rates, averaged 4.63% in November—33 basis points higher than December’s average.

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US Economy Ends 2024 With Solid Growth

By Jing Fu
NAHB – Eye on Housing
January 30, 2025
Category: Finance & Economics
Region: United States

US Real GDP growth slowed in the fourth quarter of 2024, but the economy finished the year at a solid rate. While consumer spending continued to drive growth, gross private domestic investment detracted over a full percentage point mainly due to a decline in private inventories. According to the Bureau of Economic Analysis (BEA), real gross domestic product (GDP) expanded at an annual rate of 2.3% in the fourth quarter of 2024, following a 3.1% gain in the third quarter of 2024. This quarter’s growth was higher than NAHB’s forecast of a 1.8% increase. Furthermore, the data from the GDP report suggests that inflationary pressure persisted at the end of 2024. The GDP price index rose 2.2% for the fourth quarter, up from a 1.9% increase in the third quarter of 2024. …For the full year, real GDP grew at a healthy rate of 2.8% in 2024.

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Prices and Trends in the U.S. Framing Lumber Market

NAHB.org
January 27, 2025
Category: Finance & Economics
Region: United States

Lumber prices are 9.6% higher than they were one year ago. …Impact of wood and lumber prices on the cost of a new home: In addition to narrowly defined framing lumber, products such as plywood, OSB, particleboard, fiberboard, shakes and shingles make up a considerable portion of the total materials (and cost) of a new home. Surveys conducted by Home Innovation Research Labs show that the average new single-family home uses more than 2,200 square feet of softwood plywood, and more than 6,800 of OSB, in addition to roughly 15,000 board feet of framing lumber. Softwood lumber is also an input into certain manufactured products used in residential construction — especially cabinets, windows, doors and trusses. …The bottom line is that changes in softwood lumber prices directly impact the price of a new home. This, along with rising wages for construction workers and higher interest rates, is one of the reasons the housing market is experiencing declining affordability.

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Lumber Prices Could Go Way Up With Tariffs On Canada and Mexico

By Harrison Kral
Family Handyman
January 28, 2025
Category: Finance & Economics
Region: United States

Looming tariffs could cause the cost of construction materials like lumber and mortar to skyrocket— if they actually happen. President Trump indicated these tariffs could go into effect as soon as Feb. 1. If a 25% tariff is imposed on both of the United State’s bordering neighbors, prices of imported goods will inevitably go up. This could be felt particularly keenly in the residential construction industry, which relies heavily on foreign imports for materials. Combined, nearly 20 percent of the total goods used in residential construction in the United States are imported from Canada and Mexico. …Lumber prices have already risen 17 percent in the last year, with much of that increase coming after tariffs on Canadian lumber were raised to nearly 15 percent in August. According to the NAHB, “Total imports of sawmill and wood products from Canada in 2023 was $5.8 billion.

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Will Rising Costs This Year Kill The American Dream Of Homeownership?

By Jamie Gold
Forbes Magazine
January 28, 2025
Category: Finance & Economics
Region: United States

Homeownership has long played a starring role in the American dream. …Nearly nine in 10 homeowners (88% / 81% in 2025) in a survey said the true cost of owning a home is more expensive than they’d expected. …Recent, unexpected hurricane-related floods in Western North Carolina and massive fires across Los Angeles County, which both occurred after the survey was conducted, will surely raise costs even more dramatically this year, and not just in the affected regions. This will be due to fierce competition for construction supplies and labor as disaster-stricken areas compete for resources and everyone else looks to maintain and improve their homes. Tariffs, depending on how they’re applied – e.g., Canadian lumber for rebuilding or across-the-board Chinese imports hitting home improvement store shelves – and potential disruption to the construction workforce can also surge homeownership costs.

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Weyerhaeuser reports Q4, 2024 net earnings of $81 million

Weyerhaeuser Company
January 30, 2025
Category: Finance & Economics
Region: United States, US West

SEATTLE – Weyerhaeuser reported fourth quarter net earnings of $81 million on net sales of $1.7 billion. This compares with net earnings of $219 million on net sales of $1.8 billion for the same period last year and net earnings of $28 million for third quarter 2024. There were no special items in fourth quarter 2024. …Adjusted EBITDA for fourth quarter 2024 was $294 million, compared with $321 million for the same period last year. For full year 2024, Weyerhaeuser reported net earnings of $396 million on net sales of $7.1 billion. This compares with net earnings of $839 million on net sales of $7.7 billion for full year 2023. …Devin W. Stockfish, president and CEO said, “entering 2025, our balance sheet is strong, and we are well positioned to capitalize as market conditions improve.”

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International Paper reports Q4, 2024 net loss of $147 million

International Paper
PR Newswire
January 30, 2025
Category: Finance & Economics
Region: United States, US East

MEMPHIS, Tennessee — International Paper reported reported fourth quarter net loss was $147 million and adjusted operating loss (non-GAAP) was $7 million. Fourth quarter net sales were $4.6 billion in 2024 and 2023. Full-year 2024 net earnings were $557 million and adjusted operating earnings (non-GAAP) of $400 million. Full-year net sales were $18.6 billion in 2024 and $18.9 billion in 2023. Full-year and fourth quarter net earnings include a pre-tax charge of $395 million for accelerated depreciation and restructuring charges, including $334 million related to the previously announced closure of the Company’s Georgetown, South Carolina pulp mill. …Chairman and CEO Andy Silvernail said, “Through a disciplined 80/20 approach, we have restructured our corporate organization, added resources to the business, reduced structural costs through footprint actions and successfully piloted regional box plant optimization.”

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Wood, Paper & Green Building

Newsom, Los Angeles should pause on rebuilding

By Mark Ryavec
Argonaut News
January 30, 2025
Category: Wood, Paper & Green Building
Region: United States, US West

Gavin Newsom

Gov. Gavin Newsom is misguided in issuing an executive order to expedite rebuilding houses in the Pacific Palisades without first examining what happened there and applying lessons that may be learned to reform building codes and significantly increase the capacity of the local firefighting water system. The governor recently issued orders to relax Coastal Commission permit requirements and environmental review for new construction as long as the replacement building is not more than 10% larger or taller than the original. Now that Mayor Karen Bass has agreed, this will allow property owners to more quickly start rebuilding — with the same building materials and lax fire safety requirements that failed to protect over 10,000 homes. …There are other building materials… which, when properly installed, withstand extreme heat for at least four hours, enough time for all surrounding foliage and structures to burn out, leaving the house standing.

Related by James Rodriguez in Business Insider: The LA wildfires are trying to tell you something

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Georgia Forestry Foundation Creates Mass Timber Hubs in Five Georgia Cities

By Georgia Forestry Foundation
Cision Newswire
January 29, 2025
Category: Wood, Paper & Green Building
Region: United States, US East

FORSYTH, Georgia — The Georgia Forestry Foundation (GFF), in partnership with the USDA Forest Service and Wood Works, kicks off a series of meetings across the state to increase awareness and utilization of mass timber. …The meetings will bring together local architecture, engineering, construction and development teams to spotlight the key benefits of mass timber construction while addressing challenges that may inhibit the utilization of mass timber as a primary structural material. The meetings are strategically hosted in centers for population growth and economic development across the state, including Atlanta, Savannah, Columbus, Macon and Athens. The creation of the meetings stems from the Mass Timber Accelerator Program launched in Atlanta through a grant funded by the USDA Forest Service and the Softwood Lumber Board. The Georgia Mass Timber Accelerator serves as a launchpad for innovative wood design.

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Forestry

BC extends Fairy Creek logging deferral amid tree spiking reports

By Marcy Nicholson
The Canadian Press in CTV News
January 29, 2025
Category: Forestry
Region: Canada, Canada West

The BC government has approved a legal order to extend temporary protections to an old-growth forest on Vancouver Island even as the minister of forests acknowledged that the RCMP are investigating reports of tree spiking. Ravi Parmar called the news of such vandalism “incredibly alarming.” Spikes are typically metal and can injure or even kill a person who attempts to cut down or mill the tree. …The minister said spiking puts health and safety of forestry workers at risk, adding that the province immediately notified both the forestry licensee and the local First Nation. “It is outrageous that… they feel that causing serious injury to workers furthers their cause,” said Brian Butler, president of United Steelworkers Local 1-1937. The provincial government’s announcement… came at the request of the Pacheedaht First Nation, whose territories encompass the entire watershed. The protections allow for continued discussions about the long-term management of the watershed.

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This Alabama national forest is ‘spectacularly diverse’—and Big Oil sees it as a target for new drilling

By Inside Climate News
Fast Company
January 29, 2025
Category: Forestry
Region: United States, US East

CONECUH COUNTY, Alabama —At the confluence of the Yellow River and Pond Creek in Alabama’s Conecuh National Forest, there’s a place of peace. …As the Biden administration came to a close earlier this month, officials with the U.S. Forest Service initiated the process of “scoping” the possibility of new oil and gas leases in Conecuh National Forest. On Jan. 6, USFS announced it would soon begin a 30-day comment period to solicit public opinion on the proposal, which includes the continued availability of tens of thousands of acres of federal land for oil and gas leasing and the possibility of leasing an additional, nearly 3,000 acres where the federal government owns mineral rights but not surface rights. Conecuh National Forest stretches along the Alabama-Florida border, spanning more than 85,000 acres across two counties in the Yellowhammer State.

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Carbon, Climate & Bioenergy

Arbios Biotech biomass to bio-oil facility is set to go

By Cheryl Jahn
CKPG Today
January 29, 2025
Category: Carbon, Climate & Bioenergy
Region: Canada, Canada West

PRINCE GEORGE – It was 2021 when Canfor announced a final investment decision on a project to produce biofuel. The plant will use hydrothermal liquefaction technology to convert forestry residues and wastes into high value into renewable biocrude, which can be further refined to produce low-carbon transportation fuels. “What we do is essentially, what nature does over millions of years we do in 25 to 30 minutes,” explains Rune Gjessing, CEO of Arbios Biotech. “We’re taking organic matter, manipulating it, and then producing oil.” In August 2022, a formal naming of the Arbios facility adjacent to the Canfor Intercon Pulp mill to Chuntoh Ghuna, meaning “the forest lives.” …The world’s largest hydrothermal liquefaction facility in the world, converting 25,000 dry tonnes of wood residuals into 50,000 barrels of biofuel annually. …The plant uses residuals from the forest sector. …The biofuel produced will be used for aircraft and marine purposes.

 

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Canada Invests in Climate Change Adaptation to Keep Communities Safe in Northern Ontario and Across Canada

By Natural Resources Canada
Government of Canada
January 29, 2025
Category: Carbon, Climate & Bioenergy
Region: Canada, Canada East

OTTAWA — Across the country, the impacts of climate change are becoming more severe and more frequent with extreme events like floods, wildfires and heatwaves on the rise. …Marc G. Serré, Parliamentary Secretary to the Honourable Jonathan Wilkinson, along with Member of Parliament Viviane Lapointe and Member of Parliament Anthony Rota, announced over $2.7 million in funding for five projects based in northern Ontario under Natural Resources Canada’s Climate Change Adaptation Program (CCAP). These projects aim to support professionals, decision makers and First Nation communities in northern Ontario and across Canada to advance the implementation of climate change adaptation plans and actions through the development and delivery of tools, training and resources. One of the projects will also identify lessons learned from previously implemented adaptation actions.

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Conditions that fueled Los Angeles fires were 35% more likely because of climate change, scientists find

By Evan Bush
NBC News
January 28, 2025
Category: Carbon, Climate & Bioenergy
Region: United States, US West

Climate change increased the likelihood of the extreme conditions that allowed the recent fires to roar across the Los Angeles area, an international group of scientists said Tuesday. The hot, dry and windy conditions that preceded the fires were about 35% more likely because of human-caused global warming, according to a new report from the World Weather Attribution group, which analyzes the influence of global warming on extreme events. …“This was a perfect storm when it comes to conditions for fire disasters,” John Abatzoglou, at the University of California, Merced said. …The authors analyzed weather and climate models to evaluate how a warmer atmosphere is shifting the likelihood of fire weather. …The researchers found that the kind of conditions that drove the L.A. area fires are expected to occur on average once in 17 years in today’s climate. Such conditions would have been expected once every 23 years without climate change.

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Finland’s forests now emit more CO2 than they absorb

The Helsinki Times
January 29, 2025
Category: Carbon, Climate & Bioenergy
Region: International

Finland’s forests, once a crucial carbon sink, have become a source of emissions, raising concerns over the country’s climate policy and carbon neutrality targets. According to the latest data from the Natural Resources Institute Finland (LUKE), Finland’s forests emitted 1.12 million tonnes of CO2 equivalent in 2023. This shift began gradually around 2010 and has accelerated since 2018. By 2021, Finland’s forests had transitioned from absorbing carbon to releasing it. The main causes are declining forest growth, increased logging, and rising emissions from forest soil. The land use, land-use change and forestry (LULUCF) sector, which includes forests, emitted a total of 11.8 million tonnes of CO2 equivalent in 2023. This makes it one of Finland’s largest emission sources, surpassing emissions from sectors such as agriculture. LUKE’s report highlights three key reasons behind the decline of Finland’s forest carbon sink.

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Forest History & Archives

Reunion celebration for former Woodfibre residents: A nostalgic gathering awaits

By Jennifer Thuncher
The Squamish Chief
January 28, 2025
Category: Forest History & Archives
Region: Canada, Canada West

WOODFIBRE, BC — Calling all former Woodfibre residents and employees, a reunion is coming up. Wait, did you know there was a whole town at Woodfibre where the LNG export facility of the same name is now being built? It was a company town built around a pulp mill. …Back in 1911, the British Columbia Sulphite Fibre built a pulp mill at what became Woodfibre. (It was originally called Mill Creek.). In 1917, the mill was bought by Whalen Pulp and Paper Co. In 1925, it changed ownership to the British Columbia Pulp and Paper Company. The mill was bought by Alaska Pine and Cellulose in 1950, and in 1958, it was taken over by Rayonier Canada, who owned it until 1980. By the time Western Forest Products shut the mill for good in 2006, the township had moved on, but the memories live on today. …For more details about the reunion, keep a watch on the Town of Woodfibre Facebook page or email the organizers at woodfibrereunion@gmail.com.

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