BC defers stumpage as companies announce losses, layoffs & restarts

May 1, 2020
Category: Today's Takeaway

The BC government is deferring stumpage fees for 3 months to aid industry during the pandemic. In related company news:

  • Conifex extends Mackenzie BC sawmill curtailment to June 1
  • Canfor to reopen Vanderhoof & Chetwynd, BC operations May 11
  • Resolute to layoff more than 1000, mainly in Quebec
  • Mixed Q1 results at Weyerhaeuser, Mercer and Enviva

In other news: Canada’s Governor General Medals in Architecture feature wood; US Forest Service awards Wood Innovation Grants in Mississippi; BC’s forest watchdog says backroad bridges being built better; FortisBC invests in renewable wood waste energy; Redwoods play a significant role in California’s climate fight, and BC Wilderness Committee calls for more old-growth protection.

Finally, 8 new additions to the #TreeFrogICU. Click here for the full screen view!

Kelly McCloskey, Tree Frog Editor

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