Canadian forestry stocks are on a tear

May 27, 2020
Category: Today's Takeaway

Canadian lumber stocks have produced spectacular returns since March. In related news: suppliers look to end of summer as lumber prices continue to rise; West Fraser substantially resumed production in May; Canfor assessing customer demand; fire destroys WF Tompkins sawmill in New Brunswick; US hardwood producers hit with one-two punch; and NAWLA launches campaign to showcase industry careers.

In other news: NRCan releases State of Canada’s Forests Report; the Douglas fir bark beetle is on the move in BC; prescribed burns introduce atmospheric toxins; the rare but deadly complications of tick bites and Lyme disease in Western Canada; and Australian bushfire smoke hospitalized thousands with deaths linked to smoke.

Finally, Canada’s top pick for a national lichen is the star-tipped reindeer.

Kelly McCloskey, Tree Frog Editor

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