The issue for BC sawmills, and especially those in the Interior, is that BC remains the highest cost producing region in North America. The culprit is not sawmill costs, but once again it is government stumpage costs with a secondary impact from logistical constraints in getting lumber to markets. …Problematic for BC mills is the stumpage formula that features a three-plus month lag to actual lumber prices… when lumber prices quickly move lower for longer periods, stumpage rates can keep going up for three to even six months. …This happened in 2019 and then again starting in 2021-Q3. …In 2022-Q3, BC sawmills are already curtailing in part due to logistic issues and a delayed summer logging season, but especially from the excessive government stumpage fees. Add in a raft of new incoming government polices, and the BC forest industry is in a big mess—again.