Canfor’s Oct. 25, 2024 financial report noted “Operational challenges, including limited access to economic fibre, weak lumber market conditions, rising operating costs, increased export tariffs to the United States, as well as various regulatory complexities has resulted in the difficult decision to permanently close its Plateau and Fort St. John operations.” The central and Peace regions of B.C. are not currently profitable and have been contributing hundreds of millions of dollars in losses annually while over the same period their U.S., European operations showed positive earnings. Ben Parfitt provided some details as to how this has come about in an Oct 9, 2024 article in The Tyee. …In just 12 to 15 years, the trees in these once sterile US landscapes are thinned then chipped to make wood pulp or pellets. …The U.S. South is predominantly a low-wage region with many local governments and long ago offered incentives to draw companies to invest there.