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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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Can reforming BC Timber Sales fix timber shortage?

By Nelson Bennett
Business in Vancouver
January 23, 2025
Category: Special Feature
Region: Canada, Canada West

Nelson Bennett

An NDP government has had no small part in breaking B.C.’s forest industry… but can an NDP government now fix it? …Premier David Eby pledged to work towards an assured harvest of 45 million cubic metres annually, which would be an improvement of the current harvest levels, and last week, Forests Minister Ravi Parmar announced a new task force tasked with reforming BC Timber Sales, which manages 20% of the province’s AAC. …B.C.’s forest sector faces a plethora of challenges, including current softwood lumber duties, a threat of additional 25-per-cent tariffs on lumber exports and metastasizing government rules and regulations that have increasingly restricted access to timber, the supply of which had already been reduced by past pine beetle infestations and wildfires. More than a dozen sawmill and pulp mills have permanently shuttered in B.C. in the past four years. B.C. lumber producers face the prospect of softwood lumber duties doubling next year, and there’s now the added fear of 25% tariffs being imposed by the Donald Trump administration. 

Domestically, the threat to B.C.’s struggling forest sector comes from federal and provincial policies that increasingly restrict access to the working forests. …Since coming to power in 2017, the BC NDP has implemented a rash of new policies and regulations crimping the timber supply, including old growth harvesting moratoria, new forest landscape plans, ecosystem-based land management, increasing parks and protected areas, shared land-use decision-making with First Nations and caribou habitat protection plans. …The shrinkage in the timber supply has not only put sawmills out of business, but has also affected secondary manufacturing, such as pulp and paper mills. …In an attempt to address some of concerns with access to fibre, Parmar last week announced a six-month review of BC Timber Sales. One of the goals of the review is to provide “predictable and reliable market access to fibre.”

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Business & Politics

Ottawa planning pandemic-level relief for workers, businesses if Trump imposes tariffs

By Robert Fife and Steven Chase
The Globe and Mail
January 28, 2025
Category: Business & Politics
Region: Canada, United States

Melanie Joly & David McGuinty

The federal government is planning a multibillion-dollar, pandemic-style bailout for workers and businesses if U.S. President Donald Trump follows through on his threat to impose 25% tariffs on Canadian goods. The sources said some of the measures, such as waiving the one-week waiting period for employment insurance benefits, do not require parliamentary approval. But the bulk of potential spending on new programs to help laid-off workers and businesses affected by tariffs will require legislative approval, which could not take place until Parliament resumes sitting on March 24. …One of the sources said the federal cabinet is of the opinion that billions of dollars of aid do not need to flow immediately. …The source said the aid package could be ready to roll out once Parliament resumes. But it would require co-operation from the opposition parties. [to access the full story, a Globe and Mail subscription is required]

In related coverage by Tony Keller in the Globe and Mail: Would Trump tariffs ‘kill the Canadian economy completely’? Not even close

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Trump’s tariff threat worked on Colombia, but his plans for Canada and Mexico carry higher stakes

The Associated Press
January 28, 2025
Category: Business & Politics
Region: Canada, United States

Having already forced Colombia to accept deportees by threatening a 25% tariff, President Donald Trump is readying the same move against Canada and Mexico as soon as Saturday. But this time, the stakes are higher and many economists surveying the possible damage doubt Trump would be comfortable with self-inflicted wounds from the tariffs. Trump has repeatedly insisted that tariffs on Canada and Mexico are about illegal border crossings and the smuggling of fentanyl. But the Republican president is also motivated by the idea that tariffs would force other countries to “respect” the US. …The economics division of the insurance company Nationwide estimated that Trump’s proposed tariffs on Canada and Mexico would increase inflation by as much as 0.5 percentage points and pull down growth by 0.7 percentage points. The analysis noted it did not “account for potential retaliatory tariffs from Canada or Mexico, which could amplify the deleterious impact.”

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CPKC Rail reaches tentative collective agreement with Unifor

By CPKC Railway
Cision Newswire
January 27, 2025
Category: Business & Politics
Region: Canada, United States

CALGARY, Alberta – Canadian Pacific Kansas City said it has reached a tentative four-year collective agreement with Unifor representing approximately 1,200 employees at CPKC in Canada. “We are pleased to have reached a tentative collective agreement at the negotiating table with our mechanical employees in Canada,” said Keith Creel, CPKC President and Chief Executive Officer. “By working collaboratively together with Unifor, we have reached an agreement benefiting our employees and their families while continuing to serve the needs of our customers and keeping the Canadian economy moving forward.” Unifor represents mechanics, labourers, diesel service attendants and mechanical support staff.

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Why Canada should use lumber as leverage in a trade war with Trump

By JensPeter Barynin, Chief Economist, VIVI Economics
The Financial Post
January 27, 2025
Category: Business & Politics
Region: Canada, United States

Trump’s threats to Canada may be repulsive, but they are unfortunately very real. …This is a time for aggressive leadership. Policymakers focused on “win-wins” or reactive strategies must rethink their approach. …Canada produces many products and services upon which the United States depends. Canadian goods generate enormous “consumer surplus” for Americans, all of which could be lost if the price of these goods rises. The 25% tariff threats are troubling for Canadians, but they are equally alarming for those in the U.S. who rely on Canadian products. …Canada should impose an export tax of US$800/MBF, effectively doubling the price. This move would immediately increase the cost of lumber in the U.S., making the risks of a trade war with Canada clear to American consumers. The Canadian forest products industry will likely be the first to oppose this proposal. However, there’s a simple solution… redistribute the revenue from the export tax back to Canadian lumber exporters. 

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War on Canada, starring Donald Trump, is getting lousy reviews over a nonsensical plot

By Ian Pattison, retired editor
The Chronicle Journal
January 25, 2025
Category: Business & Politics
Region: Canada, United States

Doug Ford & Donald Trump

If Donald Trump’s first term was a comedy of errors, this one is already a horror show with a supporting cast of villains and Canada as an intended victim. The U.S. president made a rash of dangerous promises to get elected and just nine weeks in he is stalking his northern neighbour with a vengeance. …The hubris here is breathtaking. A century-and-a-half of proximate friendship and mutual dependence is in danger of evaporating. …The U.S. does need Canadian lumber. Canada is one of the world’s largest producers and exporters of softwood lumber. In 2023, the U.S. imported 28.1 million cubic meters of softwood lumber from Canada – 30% of its supply – primarily for residential and commercial construction. Other sources such as Germany and Sweden can’t hope to match Canadian output. …The U.S. does need Canadian oil. …The U.S. does need Canadian natural gas. …The U.S. doesn’t need Canadian automobiles per se but it does need Canadian automakers.

Additional coverage in Prince George Daily News, by Peter Ewart: Which way Canada in the face of US tariffs?

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Trump’s Lumber Tariffs and Disaster Recovery

By the Editorial Board
Wall Street Journal
January 26, 2025
Category: Business & Politics
Region: Canada, United States

President Trump said, “We don’t need Canada to make our cars. We don’t need their lumber because we have our own forests,” he said. “We don’t need their oil and gas.” Mr. Trump is wrong on all three, but we’ll focus on lumber. The U.S. doesn’t produce enough lumber to meet domestic demand and thus imports about a third of the softwood used in home construction, mostly from Canada. …Mr. Trump’s tariff threat has created uncertainty for lumber wholesalers and contractors that could delay rebuilding. The U.S. can’t ramp up lumber production in the near term to meet domestic demand, so contractors will have to eat the tariff cost on lumber from Canada or import more from other countries, which would be expensive. If Mr. Trump wants to increase U.S. lumber production, he could open up more federal land for logging. …More tariffs will punish Americans trying to rebuild. [to access the full story a WSJ subscription is required]

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Trump’s trade war threat pushes Ottawa to bust up interprovincial trade barriers

By Laura Osman and Joanna Smith
The Logic
January 24, 2025
Category: Business & Politics
Region: Canada, United States

Scott Moe & Doug Ford

OTTAWA — Donald Trump’s threats of sweeping tariffs on Canadian imports are spurring Ottawa and the provinces to get busy dismantling long-standing trade barriers within the country, Internal Trade Minister Anita Anand said. Removing the impediments—an unrealized policy goal of governments throughout decades—could strengthen Ottawa’s hand in negotiations with the new U.S. president, Anand added. …“There is no question in my mind that reducing internal barriers to trade is beneficial for the Canadian economy, and it’s also beneficial in terms of our negotiations on tariffs with the US.” The federal, provincial and territorial governments plan to hold an urgent meeting next week of the Committee on Internal Trade, which oversees the implementation of the 2017 Canadian Free Trade Agreement, to discuss how to move more quickly. The agreement serves as a rulebook for trade within Canada, with the still-unrealized goal of allowing free movement of people, goods, services across provincial boundaries.

Related coverage in:

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Trump tells World Economic Forum U.S. doesn’t need Canadian oil, gas, autos or lumber

By Luca Caruso-moro
BNN Bloomberg
January 23, 2025
Category: Business & Politics
Region: Canada, United States

US President Donald Trump says his country does not need to import Canadian oil, gas, autos or lumber. … Canada has been very tough to deal with over the years,” he told the World Economic Forum in Davos. “We don’t need them to make our cars. We don’t need their lumber because we have our own forests,” he continued. “We don’t need their oil and gas.” …If the United States were to wean itself off of Canadian exports, it would upend the established trade relationship between the two countries. For example, Canada supplies the lion’s share of the United States’ crude oil imports – more than the rest of the world combined. …Also in 2022, Canada’s total forestry exports were valued at $45.6 billion, with the majority destined for the United States. …Trudeau said Canada is “ready to respond in a strong way, but in a way that will be stepping up, gradually.”  

In related coverage: 

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Setting the Record Straight on Canada-US Trade

By Marc Ercolao and Andrew Foran, Economists
TD Economics
January 21, 2025
Category: Business & Politics
Region: Canada, United States

Canada is the largest export market for the U.S. and makes up one of the smallest trade deficits, owing largely to U.S. demand for energy-related products. Trade in the auto sector is balanced between the 2 nations. While President Trump has mused that the U.S. could replace Canadian auto exports with its own domestic supply, the highly integrated North American supply chains is a major complicating factor. …With respect to Trump’s assertion that the U.S. subsidizes Canada to the tune of US$200 billion per year, it’s unclear where this number is derived. In any event, rather than a subsidy, the U.S. trade deficit is a by-product of U.S. economic outperformance relative to other countries. As Canadian’s brace for a long period of “deal making” under President Trump’s tariff strategy, here’s a primer on what’s at stake and the facts behind the rhetoric.

Related coverage in:

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David Eby is Ready for a Trade War—a Q&A with BC’s Premier

By Katie Underwood
Maclean’s Magazine
January 27, 2025
Category: Business & Politics
Region: Canada, Canada West

David Eby

Back in January, with an inconveniently prorogued Parliament and the US president pressing with some very un-ally-like tariff threats, Canada’s premiers decided to defend themselves. …For David Eby, BC’s premier, however, it meant war. He adopted an economic eye-for-an-eye approach, and nothing was off the table—not export bans, not travel boycotts and certainly not retaliatory import tariffs, right down to Florida orange juice. …Just how much damage could tariffs cause your province? For us, it affects about half our exports. We’re also talking about a potential loss of 100,000 jobs. And there would be tariffs of almost 50 per cent on lumber headed for the US. I don’t expect them to last once everyday Americans realize that their electricity and gas cost more; that one in four sticks of lumber that they use come from Canada and that they’re suddenly 50% more expensive. And that American lumber outlets will match prices.

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Williams Lake sends out S.O.S. for biomass power plant

By Nelson Bennett
Business in Vancouver
January 27, 2025
Category: Business & Politics
Region: Canada, Canada West

The City of Williams Lake is fighting to save a biomass power plant there that is set to go dark in the coming weeks, partly due to a lack of affordable fibre, which has become an all-too-familiar refrain in B.C. for sawmills, pulp mills and other wood processing businesses. The Atlantic Power plant in Williams Lake burns wood waste to generate about 66 megawatts of electricity annually, enough to power about 50,000 homes. …But the company that owns the plant announced one year ago that will have to shut down, as it will no longer be economic to operate, due to fibre insecurity and insufficient electricity rates from BC Hydro. …The power plant is Williams Lake’s single largest industrial taxpayer, said Williams Lake Coun. Scott Nelson — providing $1.7 million in taxes to the city annually. …The council has urged BC Hydro to reopen its contract with the company to provide a more favourable rate.

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New Brunswick pulp mills forced to make changes in face of rising NB Power bills

By John Chilibeck
The Telegraph-Journal
January 27, 2025
Category: Business & Politics
Region: Canada, Canada East

AV Group Canada, which runs pulps mills in Nackawic, just west of Fredericton, and in Atholville near Campbellton in the province’s north, warns that NB Power’s rates are making it uncompetitive against other firms around the world. Irving Paper says it will reduce operations at its Saint John mill again by half, to deal with the high electricity cost, for an undetermined period. “The current situation regarding escalating power costs… has serious consequences for our facilities,” said Mike Legere, for AV Group Canada. The company employs 1,200, making it the dominant player in both small towns. Energy makes up one-quarter of AV’s input costs at its pulp mills, second only to wood fibre, he said. …And Irving Paper said it welcomed the third-party audit. Since last April, when rates went up, it has warned that New Brunswick’s industrial rates are having a negative impact on the provincial economy. 

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European Commission approves International Paper’s acquisition of DS Smith subject to conditions

The European Commission
January 23, 2025
Category: Business & Politics
Region: United States, International

The European Commission has conditionally approved International Paper’s $7.16 billion acquisition of DS Smith, contingent on divestitures of five facilities to address competition concerns. This includes three plants in Normandy, France, one in Ovar, Portugal, and one in Bilbao, Spain, ensuring competition remains intact in key European markets. The divestitures eliminate overlaps in corrugated packaging markets in northwest France, northern Portugal, and northeastern Spain. The regulator noted that, without these measures, the merger would have reduced market competition due to high concentration levels, likely resulting in increased costs for businesses relying on corrugated products. …The Commission’s decision, finalized on January 24, 2025, follows a detailed investigation under the EU Merger Regulation.

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U.S. Lumber Coalition Applauds President Trump’s Strong Stance on U.S. Trade Law Enforcement

By the US Lumber Coalition
PR Newswire
January 24, 2025
Category: Business & Politics
Region: United States

WASHINGTON — “President Trump is right, the United States does not need unfairly traded Canadian lumber imports,” said Andrew Miller, Chairman of the U.S. Lumber Coalition and CEO of Stimson Lumber. “U.S. sawmill investment and capacity expansion to supply our own market has been robust in no small part thanks to the duties first imposed in 2017 by President Trump against Canadian lumber. The domestic industry has retaken share of the U.S. market to reach levels not seen since the mid-1970s,” added Miller. …”The trade cases must remain in place as long as Canada keeps subsidizing and dumping,” continued Miller. “The enforcement of the U.S. trade laws is paramount to maximize long-term lumber output by U.S. workers to build U.S. homes. We reject any efforts to promote a Canada First trade agenda prioritizing unfairly traded lumber imports,” concluded Miller.

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International Paper anticipates EU approval for $7.1bn DS Smith acquisition

Yahoo! Finance
January 22, 2025
Category: Business & Politics
Region: United States, International

Sustainable packaging solutions provider International Paper (IP) is set to receive approval from the EU for its £5.8bn ($7.12bn) acquisition of UK competitor DS Smith. …Reuters reported that the move comes after IP agreed to sell certain assets to resolve competition concerns. The European Commission is expected to make a formal decision on the deal by Friday (24 January). In March last year, IP made an all-share offer to acquire the entire issued share capital of the British packaging company DS Smith. …The all-share transaction would result in DS Smith’s shareholders owning approximately 33.8% of the combined entity. …The deal, now awaiting approval from the European Commission, is expected to enhance IP’s presence in the European paper and packaging sector, which is undergoing consolidation.

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The world is moving on to trade without the US

By Ruchir Sharma
Financial Times
January 25, 2025
Category: Business & Politics
Region: International

While Donald Trump has yet to act on his multiple tariff threats, it’s likely he will. So the fear lingers that the US president’s aggressive trade posture will sow global disorder, depressing growth and roiling markets, particularly if targeted nations retaliate. But retaliation is not the only or even the most likely response to Trump, no matter how broadly he finally delivers on his threats. The US has wielded tariffs as a weapon for eight years now. …Some nations retaliated; others offered concessions or challenged them before global trade arbiters. But most just quietly moved on, seeking trade with countries other than the US. Since 2017, trade has held more or less steady at just under 60% of global GDP. But there’s been a decline in the US share of trade flows offset by an increase in other regions. Trump 2.0 seems likely to bring more of the same: trade without America.

In related coverage: Trump sparks other countries to seeks trade deals with one another

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Finance & Economics

Tariffs Could Add $3B to $4B to the US Home Building Costs

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

Scarcity and an acute, sustained rise in building material costs — from softwood lumber to distribution transformers — are driving up the cost to construct homes and harming housing affordability. There are several factors driving this trend, notably inflationary pressures and global factors, including trade uncertainty. …A tariff is essentially a tax on an imported good, meaning the importer pays an additional cost for importing such an item. …So tariffs on building materials raise the cost of housing, and consumers end up paying for the tariffs in the form of higher home prices. Two essential materials used in new home construction, softwood lumber and gypsum (used for drywall), are largely sourced from Canada and Mexico, respectively. Proposed new tariffs on China, Canada and Mexico are projected to raise the cost of imported construction materials by $3 billion to $4 billion, depending on the specific rates.

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Tariff uncertainty hangs over Bank of Canada’s 1st rate decision of 2025

By Craig Lord
Global News
January 27, 2025
Category: Finance & Economics
Region: Canada

The Bank of Canada is being pulled in a few different directions ahead of its first interest rate decision of the year on Wednesday. On one hand, there are signs of trouble bubbling up in underlying inflation that could make an argument for keeping borrowing costs higher for longer. On the other: Donald Trump has reiterated threats to impose tariffs of 25% on Canadian goods that could be set to take effect mere days after the central bank’s rate decision. …A trade blow like that would normally push the Bank of Canada towards steeper rate cuts in a bid to salvage economic growth. But dropping rates too quickly at a time when the loonie is already struggling risks fuelling more inflation on imports from the US. Economists say they’re betting the Bank of Canada will go ahead with another cut.

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Lumber prices remain flat through the start of 2025 amid uncertainty

By Joe Pruski
RISI Fastmarkets
January 24, 2025
Category: Finance & Economics
Region: Canada, United States

Trends in many framing lumber markets were unchanged amid persistent uncertainty regarding tariffs and frigid temperatures across much of the US. …Western Canadian producers sold cautiously while awaiting clarity on potential tariffs. Buyers had few immediate needs and were content operating with lean inventories despite the threat of volatility. Prices were little changed in overall dull trading. Lumber futures tracked a similar course in terms of interest, but downside was evident as the large premium in the front month eroded. The board fell each day week to date. Meanwhile, subfreezing temperatures across the South and historic snowstorms along the Gulf Coast brought Southern Pine trading to a near standstill. Traders operated with widely diverse views of whether President Trump’s threats of tariffs of up to 25% on Canadian imports as early as February 1 will actually become a reality.

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Chemicals industry, freight rails brace for Trump tariffs on Canada, Mexico

By Lori Ann LaRocco
CNBC News
January 22, 2025
Category: Finance & Economics
Region: Canada, United States

U.S. trade with Canada and Mexico is back in Trump’s crosshairs with the tariff threat. …Much of the focus has centered on autos but Canada is also the top trading partner of the U.S. for critical chemicals, an industry now bracing for the potential impact. …Mineral firms in Canada are considered domestic sources under Title III of the Defense Production Act and have received U.S. federal funding for critical minerals projects in Canada. …Canada is also the largest supplier of U.S. energy imports, including crude oil, natural gas, and electricity. …Rand Ghayad, chief economist at the Association of American Railroads, said the interconnected rail network between the U.S. and Canada is a cornerstone of North American trade, underpinning economic growth and supply chain resilience. …The inflationary effects from tariffs will take some time to materialize, as these costs will need to be passed through to end buyers.

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‘A complete realm of uncertainty’: Alberta builders prepare for possible tariff impact

By Timm Bruch
CTV News
January 24, 2025
Category: Finance & Economics
Region: Canada, Canada West

Calgary’s construction industry is hoping the threat of American tariffs doesn’t slow its momentum in 2025. …Bill Black, the head of the Calgary Construction Association, says when it comes to certain building materials, the tariffs could cause unrepairable damage. “Lumber suppliers selling are obviously going to feel a really significant impact on their volume that goes into the U.S.,” Black said. “The overall viability of the lumber business is based on a blend of the two markets, and if one market becomes unfeasible because of tariffs, that then puts pressure on the operating businesses. “That could impact their ability to service the Canadian market as well.” …The city has seen consecutive years of a record number of housing starts, and those in the sector don’t want to lose vital momentum. …Alberta’s forest ministry reiterated the importance of cross-border trade Friday, saying there’s still optimism a tariff-stopping solution can be found.

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Limited Existing Inventory Provides a Boost for New Home Sales in December

By Robert Dietz
NAHB Eye on Housing
January 27, 2025
Category: Finance & Economics
Region: United States

A limited amount of existing inventory along with solid demand helped new home sales end the year on an up note, even as buyers continue to grapple with housing affordability challenges. Sales of newly built, single-family homes in December increased 3.6% to a 698,000 seasonally adjusted annual rate. The pace of new home sales in December was up 6.7% compared to a year earlier. New home sales ended 2024 2.5% higher over the 2023 total. NAHB is forecasting a slight gain for sales in 2025 given ongoing solid macroeconomic conditions, particularly for the labor market. Furthermore, builders are cautiously optimistic about the building market given a post-election policy reset that seeks to eliminate unnecessary regulations.

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Cost of Constructing a Home reaches record high in 2024

By Eric Lynch
The NAHB Eye on Housing
January 23, 2025
Category: Finance & Economics
Region: United States

Construction costs account for 64.4% of the average price of a home, according to NAHB’s most recent Cost of Construction Survey. In 2022, the share was 3.6 points lower, at 60.8%. The latest finding marks a record high for construction costs since the inception of the series in 1998. The finished lot was the second largest cost at 13.7% of the sales price, down more than four percentage points from 17.8% in 2022. …The average builder profit margin was 11.0% in 2024, up less than a percentage point from 10.1% in 2022. …Construction costs were broken down into eight major stages of construction. Interior finishes, at 24.1%, accounted for the largest share of construction costs, followed by major system rough-ins (19.2%), framing (16.6%), exterior finishes (13.4%), foundations (10.5%), site work (7.6%), final steps (6.5%), and other costs (2.1%). Explore the interactive dashboard below to view the costs and percentage of construction costs for the eight stages and their 36 components.

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How Trump’s Tariffs Could Impact the Housing Market

By Kerra Bolton
Open Bank Account
January 22, 2025
Category: Finance & Economics
Region: United States

President Donald Trump’s proposal to implement significant tariffs on the country’s key trading partners could have ripple effects on the U.S. housing market. …The tariffs could drive up prices for new homes and renovations, further straining an already tight market. “The tariffs will raise the cost of materials, which could directly increase the cost of constructing new homes,” said Wayne Winegarden at Pacific Research Institute. Experts said tariffs are a tax that increases the costs of imported goods, including building materials. …Higher material and construction costs caused by the tariffs could make buying a home out of reach for many people. “The tariffs will slow down the economy and will also encourage the Federal Reserve to pursue a higher interest rate environment,” Winegarden said. …Together, the higher rates coupled with the rising cost of construction will significantly reduce housing affordability.”

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PotlatchDeltic reports Q4, 2024 net income of $5.2 million

PotlatchDeltic Corporation
January 27, 2025
Category: Finance & Economics
Region: United States, US West

SPOKANE, Washington — PotlatchDeltic Corporation reported net income of $5.2 millionon revenues of $258.1 million for the quarter ended December 31, 2024. This compares to a net loss was $0.1 million on revenues of $254.5 million for the quarter ended December 31, 2023. Net income for the full year 2024 was $21.9 million on revenues of $1.1 billion. …Eric Cremers, President and CEO said, “Our results reflect the strong performance of our Real Estate business and the stability provided by our Timberland operations. Additionally, we successfully achieved several strategic initiatives for the year, highlighted by the completion of the expansion and modernization project at our Waldo, Arkansas sawmill.

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UK timber industry predictions: 2025 looking ahead

By David Hopkins, Chief Executive
The Timber Trades Journal
January 24, 2025
Category: Finance & Economics
Region: International

UNITED KINGDOM — Most of us will have been pleased to see the back of 2024 as the sense of stagnation and sluggishness was felt from Downing Street to the High Street. …Despite the negative messaging, some of the government actions have been quite positive, albeit with a longer-term vision than a short-term sugar rush. The attempts to increase investment in infrastructure, especially housing, transport, energy and broadband will be key to improving productivity growth. …The introduction of the Future Homes Standard this year will also strengthen the case for timber construction systems due to its superior thermal and carbon performance. Finally, the government’s attempts to upskill and enlarge the labour force could also bear fruit for our sector. …We must show that the timber industry is essential to deliver on the government’s house building mission. 

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Global Consulting Alliance: Forest Sector Outlook Report – 2024-Q4

By Russ Taylor
Russ Taylor Global
January 26, 2025
Category: Finance & Economics
Region: International

RUSS TAYLOR GLOBAL is pleased to provide the latest quarterly report from the Global Consulting AllianceRUSS TAYLOR GLOBAL is a member of this group that features six independent consulting companies from around the world that focus on the international forestry and wood products sectors. The Forest Sector Outlook – 2024-Q1 report features global economic and forests/industry/market updates from all continents around the world. The report includes regional reviews on local market and industry developments in wood products and timberlands for each region. This 14-page report is available on our website.

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Wood, Paper & Green Building

Wildfire Risks May Demand Stricter Building Codes

By Ian Madsen, Senior Policy Analyst
Frontier Centre for Public Policy
January 25, 2025
Category: Wood, Paper & Green Building
Region: Canada

The recent devastating and immense wildfires in Southern California that destroyed tens of thousands of structures inspire much sympathy. Soon, thoughts will turn to rebuilding the burned-out homes, businesses and public buildings. This brings up a pertinent question: will the new buildings be as vulnerable to wildfires as the old ones? As in the similarly extensive blazes in Jasper… and West Kelowna, the conventional building materials have included lumber, plywood, oriented strand board, window frames and various plastics, all of which are flammable. …It does not have to be this way –builders have alternatives. Fire-resistant structural wooden beams and posts are available. Builders of so-called ‘mass timber’ high-rise buildings are employing them, including in Canada, but they are not in widespread use. …Thus far, Canadians have shown little appetite, whether at federal, provincial or municipal levels, to mandate costlier higher fire-resistance standards in home building and other construction. 

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Outlook for ‘old corrugated container’ demand, recycling hinges on economics

By Antoinette Smith
Resource Recycling
January 23, 2025
Category: Wood, Paper & Green Building
Region: United States

Volumes of OCC (old corrugated containers) and mixed paper are shifting with societal and economic trends, industry experts said during a paper industry update webinar presented by the Recycled Materials Association. Box shipments in 2025 are likely to get off to their usual slow start, said Ryan Fox, at Bloomberg. …For full-year 2025, Bloomberg estimates box shipments at 385 billion square feet and more than 31 million tons, an increase of 0.5%-1% over 2024 levels. …Fox added, paper company executives have largely said they don’t see “any observable things happening in 2025 that are going to cause a major inflection in demand.” …TetraPak makes the case for poly-coated paper. …Graphic Packaging provides update on Waco mill

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Forestry

B.C.-based climate activist deported to Pakistan after protest charges

By Darryl Greer
The Canadian Press in Prince George Citizen
January 26, 2025
Category: Forestry
Region: Canada, Canada West

Zain Haq & Sophia Papp

British Columbia-based environmental activist Zain Haq was aboard a plane in Toronto on Sunday afternoon, awaiting a nearly 14-hour flight to Pakistan. But Haq was not on the plane by choice. He was being deported following the expiry of a temporary residency permit and a failed bid by his Canadian wife to sponsor him to stay. …Haq initially came to Canada on a student visa from Pakistan. He co-founded the activist group Save Old Growth and pleaded guilty to mischief charges in 2023 over his role in environmental protests that blocked Metro Vancouver roadways. He was granted a temporary resident permit last spring, but it expired in October, and Haq’s challenge of his deportation in federal court was unsuccessful.

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LA fires a reminder that B.C. wildfire prevention is priority one

By Joe Nemeth, BC Pulp and Paper Coalition
Business in Vancouver
January 23, 2025
Category: Forestry
Region: Canada, Canada West

Creating these fuel-free zones around communities and neighbourhoods stops a fire in its tracks because there is little or nothing to accelerate their rapid and enormous growth. In 2024, a delegation of professional foresters from B.C. toured Finland to see what we could learn from how others manage their forests. …Over the last 10 years, Finland has lost an annual average of 323 hectares of land to wildfires. Over the same period, B.C. has lost an annual average of 407,000 hectares. Why this vast difference? Finland has practised intensive forestry for decades. Foresters regularly enter stands to remove weak or damaged trees. …This fibre is then directed to nearby pulp and paper mills or community bio-energy plants. No fibre is wasted. …Another Finnish practice is to maintain logging roads, which are broken down and “put to bed” here after harvesting in an area is complete.

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Mercer Peace River and Woodland Cree First Nation Extend Logging Partnership Agreement

Mercer International Inc.
January 21, 2025
Category: Forestry
Region: Canada, Canada West

PEACE RIVER, Alberta – Mercer Peace River Pulp and Woodland Cree First Nation have signed a historic agreement extending their co-ownership relationship of Peace River Logging. The renewed partnership extends their positive working relationship and reinforces their commitment to responsible forestry practices. …Mercer and Woodland Cree have co-owned Peace River Logging since 2004, and this new agreement ensures the long-term sustainability of the joint venture and secures the jobs of more than 80 local people. “Mercer Peace River is committed to working with Indigenous communities and we look forward to continuing our relationship with Woodland Cree First Nation,” said Roger Ashfield, Managing Director of Mercer Peace River.”

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How Oregon’s forestry workforce has evolved over 50 years

By Justin Higginbottom
Oregon Pubic Broadcasting
January 26, 2025
Category: Forestry
Region: United States, US West

Since the 1970s, billions of dollars in federal contracts have gone to forestry work like replanting trees or fuels reduction. Oregon has long been a center for businesses getting those contracts. But that industry looked a lot different 50 years ago. On a December morning the hills above Ashland, like many forests in the West, are buzzing with the sound of chainsaws. Workers with the nonprofit Lomakatsi Restoration Project are busy working to protect the valley from wildfire. Crews are clearing understory, reducing fuel that can feed fire. But while Oregon has long been a center for these jobs, the industry has changed dramatically over time. …Thanks to the 1972 Oregon Forest Practices Act, Rust found that alternative. The law required land clear cut by loggers to be replanted, a win for early environmentalists. 

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Lawmakers push forest management bill amid California wildfires

France24
January 23, 2025
Category: Forestry
Region: United States, US West

Bruce Westerman

WASHINGTON — One of the first bills to pass the lower chamber of Congress in Donald Trump’s presidency, the Fix Our Forests Act would increase the pace and scale of forest management projects by speeding up environmental reviews, deterring frivolous lawsuits. It was reintroduced after passing the House of Representatives last September with overwhelming bipartisan support but did not make it through the Senate, and will need to compete for floor space in the upper chamber before it can be signed into law. It passed the House comfortably in a 279-141 vote but environmental groups said the bill had been “misleadingly” named and would open public lands to massive logging projects under the guise of preventing wildfires. …Robert Dewey, at Defenders of Wildlife said the bill would remove science from land management decisions and weaken protections for endangered species. 

NAHB Press Release: NAHB Commends House Passage of Forestry Bill

The Hill, by Rachel Frazin: Amid raging fires, House passes contentious forestry bill

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Northwest conservation groups intervene in lawsuit to defend the lethal removal of barred owls

By Roman Battaglia
Oregon Public Broadcasting
January 23, 2025
Category: Forestry
Region: United States, US West

Five Northwest conservation groups have joined the federal government in defending a program to kill barred owls in the Pacific Northwest to protect the threatened northern spotted owl. These environmental groups have joined the government’s side, in opposition to animal rights groups. Tom Wheeler of Arcata, a California-based conservation nonprofit EPIC, said that like animal rights groups, they also believe that individual lives of wild animals are precious, but, “We also hold that ecosystems are real and important and that species are real and important. And that the preservation of ecosystems and species are really important and worth protecting.” …Wheeler said it’s necessary to remove invasive barred owls from the region to give researchers more time to come up with a long-term solution to the growing threat of extinction for northern spotted owls. …The animals rights groups say the government is violating federal environmental law.

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WWF blasts Sweden, Finland over logging practices

France24
January 23, 2025
Category: Forestry
Region: International

Sweden and Finland are not doing enough to protect their primary and old-growth forests, falling short of EU commitments, the World Wildlife Fund said in a report. “Thousands of hectares of forests with high conservation value are logged each year, despite their importance for climate stability, biodiversity, and long-term ecological health,” said the WWF. …Private forest owners insist they are complying with current legislation and that their felling of trees is sensible. “Nobody cuts down trees just for the fun of it,” Magnus Kindbom, forestry director at the Federation of Swedish Farmers said. “It’s because there’s a need in society. “And if we didn’t use wood products, which have no negative impact on the climate, then we would have to use more fossil fuels,” he added. “That’s the dilemma we face: how to find the best compromise between having access to more biomass and understanding its impact on biodiversity.”

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Carbon, Climate & Bioenergy

B.C. First Nation leader clarifies Northern Gateway comment

By Derrick Penner
Vancouver Sun
January 22, 2025
Category: Carbon, Climate & Bioenergy
Region: Canada, Canada West

The president of the Union of B.C. Indian Chiefs agreed that Canada faces “perilous times”, but walked back comments he made Tuesday that suggested he had reversed his opposition to the dormant Northern Gateway pipeline project. …“I sincerely apologize for any confusion,” Phillip added, with respect to his comments Tuesday that if Canada doesn’t “build that kind of infrastructure, Trump will and there will not be any consideration for the environment or the rule of law.” Phillip said his answer was still no to “large-scale, destructive resource projects,” such as Northern Gateway. …“Any natural resource development that is being planned must have the consent of First Nations involved and must follow high environmental standards, including not increasing our greenhouse gas emissions and contributing to global warming,” Tom said. …Premier David Eby, said “diversification has to be part of our key strategy,” but skirted a direct mention of Northern Gateway.”

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Georgia’s timber industry eyes sustainable aviation fuel to secure its future

By Shanteya Hudson
Public News Service
January 27, 2025
Category: Carbon, Climate & Bioenergy
Region: United States, US East

Georgia is the nation’s top forestry state, grappling with overproduction and the aftermath of severe storms which damaged timber supplies. Industry leaders and policymakers are turning to sustainable aviation fuel to boost the industry, create jobs and reduce carbon emissions. Sen. Larry Walker, R-Perry… said the growing demand for sustainable aviation fuel from companies like Delta Air Lines highlights its potential. However, he emphasized expanding production requires strategic federal policies and research to ensure long-term growth. “To invest in a facility that manufactures SAF, it’s a huge investment. It’s a long-term proposition,” Walker stressed. “We need some certainty out of Washington what the public policy is going to be, what the incentives to create this industry are.” …Walker added state lawmakers plan to introduce bills during the 2025 legislative session to support forestry innovation and expand sustainable aviation fuel production in the state.

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