Canfor and West Fraser reported stronger Q2 results as improved lumber markets helped narrow losses. In related news: Stora Enso reported a net loss; UFP Industries reported lower earnings; Interfor’s US move is said to reflect the company’s footprint and BC’s competitive position; and the US Fed and Bank of Canada held interest rates steady. Meanwhile: BC wood producers brace for new tariff hit; US labour leaders urge a rethink of tariffs on Canada; and the US released updated preliminary softwood duty calculations.
In Wildfire news: the science behind BC’s fire danger warnings; no word on return for Clinton BC’s evacuated residents; Oregon fires top one million acres burned; and firefighters continue battling blazes in France, Spain and Greece. Meanwhile: BC’s spruce budworm outbreak; Ohio’s only national forest will be auctioned for fracking; an EU study on how trees can help rehabilitate polluted lands; and New Zealand’s timber industry takes umbrage at a cement decision.
Finally, an SFPA EXPO 2027 update, and ILMA’s convention theme: WTF or Where’s the fibre?
Kelly McCloskey, Tree Frog News Editor