B.C. lumber sector takes another hit from weak markets, low prices

By Derrick Penner
The Vancouver Sun
September 26, 2025
Category: Finance & Economics
Region: Canada, Canada West

Weakening U.S. housing construction has put another dark cloud over BC’s forest industry, increasing the likelihood of more mill shutdowns and layoffs. Lumber prices flatlined in recent weeks due to weak demand, just as new, higher duties in the Canada-U.S. softwood lumber dispute took effect. That means BC mills are operating at losses of up to US$220 per thousand board feet of two-by-fours, according to industry consultant Russ Taylor. …Taylor said market conditions during September are typically favourable for sawmills, but they’re decidedly negative this year. His forecast is that they will remain weak for the rest of the year, which will likely result in mills taking downtime. “We’re seeing it already,” said Kim Haakstad, CEO of the B.C. Council of Forest Industries. “We’re seeing temporary curtailments, we’re seeing extended holiday breaks, we’re seeing reconfigured shift schedules. …Haakstad said Parmar’s recognition of the urgency for change was encouraging.

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