Category Archives: Business & Politics

Business & Politics

Why the US and Canada are still a ways from a trade deal

By Daniel Desrochers, Ari Hawkins & Oliver Ward
Politico
October 27, 2026
Category: Business & Politics
Region: Canada, United States

The U.S. and Canada are flirting again. Washington and Ottawa have increased the tempo of their trade talks over the past week. …Commerce Secretary Howard Lutnick, who helped torpedo a previous round of negotiations over the summer, and Canadian Trade Minister Dominic LeBlanc have been speaking regularly since then. They have primarily discussed Trump’s tariffs on sectors like autos and steel that have been a sticking point for Canada all along. …The uptick in engagement has triggered a flurry of headlines on both sides of the border as well as White House boasts that a deal is near.  But unlike Trump, Carney has little political incentive to make concessions at the moment. …The lack of new concessions or tangible breakthroughs is a sign that the recent flurry of outreach may be more of a White House effort to soothe Republicans’ midterm worries. 

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PM Carney says it’s time to move beyond Indian Act

By Alessia Passafiume and Kyle Duggan
The Canadian Press in CTV News
October 26, 2026
Category: Business & Politics
Region: Canada

Mark Carney

Prime Minister Carney says he will instruct his ministers to work with First Nations to move Canada beyond the Indian Act — which he said could mean reforming it or abolishing it altogether. After a meeting with First Nations chiefs and premiers in Ottawa, Carney said the elimination of the Indian Act has been sought by many First Nations leaders, including Manitoba Premier Wab Kinew. …Carney said “moving beyond” the Indian Act could involve abolition or reform. But he said it would only happen in partnership with First Nations leadership. …The Indian Act has been in effect since 1876 to govern First Nations status in Canada. It has been amended several times to reflect changes in how status is conferred. …This meeting comes as Carney’s government works to speed up major project approvals and development — efforts some First Nations chiefs say threaten their rights.

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US, Canada working on deal to ease steel, auto tariffs, sources say

By Promit Mukherjee and David Shepardson
Reuters
October 26, 2026
Category: Business & Politics
Region: Canada, United States

OTTAWA/WASHINGTON – The United States ​and Canada are working on a deal to ease US tariffs on Canadian steel and autos, two US and four Canadian ‌sources said, as the two governments try to repair relations that soured after trade talks broke down in August. The talks focus on tariffs imposed under Section 232 of US trade law, including up to 50% tariff on Canadian steel and a 25% tariff on autos, with negotiators discussing potential relief from those duties. …One Canadian source briefed on ⁠the negotiations said a deal on steel and auto tariffs was possible before the November 3 elections, while US sources said the Trump administration wanted ​Canada to make further concessions. …The US Trade Representative’s Office and Canada have also been in contact in recent days regarding the overall architecture of any deal and all other trade issues, a USTR official ‌said.

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Trump to swap some tariffs on Canadian goods amid midterm pressure

By John Paul Tasker
CBC News
October 23, 2026
Category: Business & Politics
Region: Canada, United States

U.S. President Trump is poised to lift tariffs on some Canadian products — and hit others with new duties — as Republicans in border states lobby for relief from trade actions that have put them in a shaky political position ahead of November’s midterms. Maine Republican Sen. Susan Collins said that the Trump administration will scrap tariffs on some paper and plastic products, refrigeration and packaging equipment, agricultural machinery and seaweed and algae products, among others, after she relayed how damaging these levies have been for consumers and businesses in her state. …The White House said it would levy new Section 338 tariffs on products with certain valves, carpets and waste products “to continue addressing Canada’s discriminatory treatment of U.S. commerce.” The six-page list of new Canadian products facing the 50 per cent tariff also includes shampoos, cocoa powder products, window air-conditioning units, archery equipment, among others.

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Forest Products Association of Canada Welcomes Federal Action to Improve Access to the Work-Sharing Program

By Rebecca Rogers, Director, Communications
Forest Products Association of Canada
October 23, 2026
Category: Business & Politics
Region: Canada

OTTAWA, Ontario — Forest Products Association of Canada (FPAC) welcomes the federal government’s announcement of new flexibilities to the Work-Sharing Program with measures intended to improve accessibility for employers facing tariff-related market disruptions and economic uncertainty. …  FPAC has consistently maintained that Work-Sharing is the right tool in principle to help avoid layoffs while preserving critical workforce capacity… By addressing flexibility in the equal work-sharing requirement, the government improves accessibility for unionized workplaces, enabling more forest-sector employers and employees to participate.

FPAC also welcomes the government’s decision to:  

  • Extend tariff-related Work-Sharing measures through March 2028;
  • Increase the maximum agreement duration to 152 weeks, while reducing the minimum duration from six to four weeks;
  • Expand eligibility to employers undertaking business transitions that support diversification;
  • Ensure flexible training pathways are eligible for the new $1,000 grant for eligible Work-Sharing employees, and;
  • Reduce administrative requirements associated with program participation.  

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U.S. lifts 50% tariff on some Canadian plywood and packaging, adds MDF and flooring

Lesprom Network
October 23, 2026
Category: Business & Politics
Region: Canada, United States

The U.S. will remove its 50% tariff on certain Canadian thin hardwood plywood, corrugated boxes and coated paperboard from October 30 while imposing the same duty on Canadian thin MDF, hardboard, wood moldings, engineered flooring and kraft paper, according to a presidential proclamation. Products leaving the tariff list include plywood sheets not over 6 mm thick with birch, walnut or other hardwood face plies, bleached paperboard coated with plastics, corrugated cartons and boxes, paper sacks and bags and molded pulp articles, as well as plastic packaging, refrigeration and packaging machinery. Newly covered are coniferous wood continuously shaped along its ends, MDF not over 5 mm thick, fiberboard with a density above 0.8 g/cm3, wooden packing boxes, multilayer assembled wood flooring with a face ply of up to 6 mm, bamboo joinery, wooden skewers and ice-cream sticks, unbleached kraft paper, coated printing paper, composite paperboard, large paper sacks and self-adhesive paper and labels. The list also adds vinyl flooring, carpets, valves and paints.

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Maine logging, cross-border ties whipsawed by US-Canada tariff war

Associated Free Press in France 24
October 26, 2026
Category: Business & Politics
Region: Canada, United States

FORT KENT, Maine — In the heat of US midterm elections, President Donald Trump’s tariffs on Canada — and Ottawa’s retaliation — have taken center stage in timber-producing Maine, walloped by the economic fallout perhaps more than any other state. Residents in Maine’s frontier towns express worry that the tariffs have also triggered a rupture in cross-border relationships built up over decades, and that the intricate community fabric could take years to repair. …Maine is reluctantly on the front lines of the trade war. …Many logging operations in the nation’s most heavily-forested state are suffering, and cross-border tourism has tanked. Households already struggling with fuel prices are seeing costs of living soar, an issue dominating the midterms. …For two centuries, Canadian mills near Maine have processed vast amounts of its timber. …Not all Maine loggers are upset. Pleasant River Lumber Company aims to expand production.

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Canada-U.S. talks gain more momentum ahead of midterms

By Vassy Kapelos, Marieke Walsh, Graham Richardson & Mike Le Couteur
CTV News
October 25, 2026
Category: Business & Politics
Region: Canada, United States

OTTAWA – Multiple government and industry sources close to trade discussions between Canada and the United States said the momentum of the talks, just recently re-started in earnest, combined with US President Trump’s political vulnerabilities ahead of the midterms leads them to believe there is considerable appetite to strike a deal with Canada. All the sources cautioned an agreement of any sort was far from certain given the past behaviour of Trump and his trade delegates. But, over the last week the White House has shown much more interest in arriving at an agreement “than in all the weeks prior,” according to one of the sources. …Two sources described intense talks over the weekend, that were “all consuming.” Another source with knowledge of talks on both sides of the border said things are moving. …White House economic adviser Kevin Hassett said the US was close to a deal with Canada.”

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US finalizes Canadian softwood lumber duties, putting revised rates into effect

FEA – Forest Economic Advisors
October 20, 2026
Category: Business & Politics
Region: Canada, United States

On Monday, October 19, the US Department of Commerce (DOC) published the new countervailing and antidumping duties for the seventh administrative review (AR7) of certain softwood lumber products from Canada in the Federal Register, thereby making them effective. The DOC previously announced its final AR7 countervailing duty determinations on October 14, followed by its final antidumping duty determinations on October 15. The rates are summarized in the table below. The countervailing duty notice is available here in the Federal Register, and the antidumping notice is available here.

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Lawsuit challenging Trump’s tariffs against Canada filed in U.S. Court of International Trade

By Kelly Malone
The Canadian Press in CBC News
October 20, 2026
Category: Business & Politics
Region: Canada, United States

A lawsuit challenging U.S. President Trump’s tariffs targeting Canada has been filed in the US Court of International Trade. The lawsuit, filed Tuesday by the non-profit Liberty Justice Center on behalf of U.S. food importer Gellert Global Group, argues Trump’s use of a Depression-era trade statute exceeds his power as president. …US officials have said the latest duties are a response to provincial bans. …The lawsuit also said Canada’s dairy supply management involves policies agreed to under the Canada-U.S.-Mexico Agreement on trade, known as CUSMA. …The lawsuit said the Canadian policies don’t justify the sweeping tariffs imposed by the Trump administration. It notes two of the measures — auto quotas and liquor bans — were actually a response to Trump’s own tariff measures. …A Trump administration official, commenting on background, said the president’s actions will be vigorously defended in court.

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October 2026 Newsletter | Bringing First Nations Priorities Forward

BC First Nations Forestry Council
October 30, 2026
Category: Business & Politics
Region: Canada West

The BC First Nations Forestry Council’s October newsletter highlights growing efforts to ensure First Nations leadership in BC’s forest sector transformation. CEO Lennard Joe raises concerns about the incoming provincial government’s intention to repeal the Declaration on the Rights of Indigenous Peoples Act (DRIPA), emphasizing the importance of collaboration, rights and long-term investment certainty. In other news, the BC Assembly of First Nations endorsed six recommendations from the Canadian Forest Sector Transformation Task Force, while Lennard Joe and Policy Program Manager Tiffany Butler-Hernández travelled to Ottawa to advance First Nations forestry priorities, funding opportunities and market access. The newsletter also features an interview with Lennard Joe on Indigenous forestry leadership, new business and partnership opportunities involving GIS, fibre utilization and wildfire mitigation, and funding deadlines for rural economic development and forest resilience projects. Additional resources address wildfire salvage agreements, recovery funding and the future of BC’s forest industry.

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Government of Canada strengthens forest sector and protects jobs in northern British Columbia

By Pacific Economic Development Canada
PR Newswire
October 28, 2026
Category: Business & Politics
Region: Canada West

MACKENZIE, BC — …Today, the Honourable Gregor Robertson, Minister of Housing and Infrastructure and Minister responsible for Pacific Economic Development Canada (PacifiCan), announced an $11 million investment through the Regional Tariff Response Initiative (RTRI) for Conifex Timber Inc. to modernize its operations. Conifex operates a facility in Mackenzie that produces wood products and bioenergy for Canadian and international markets and supports hundreds of jobs in northern B.C. This support consists of a repayable investment of $10 million and a non-repayable investment of $1 million that will help Conifex increase productivity, enhance product quality, and lower production costs by upgrading transfer systems, modernizing five kilns and installing automated production equipment. These improvements will strengthen Conifex’s competitiveness and position the company for long-term success in Canadian and international markets.

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North Cowichan working to connect displaced forestry workers with new employment opportunities

By Kendra Crighton
Cowichan Valley Citizen
October 29, 2026
Category: Business & Politics
Region: Canada West

The Municipality of North Cowichan is working to connect forestry workers impacted by the Crofton pulp mill closure and ongoing sawmill curtailments in Chemainus and Cowichan Bay with new employment opportunities, including positions in manufacturing and mining. In a statement, North Cowichan Mayor Rob Douglas outlined several initiatives underway to support displaced workers, including industry information sessions recruitment opportunities and retraining programs. Through the municipality’s Mill Closure Response Working Group, North Cowichan is partnering with the BC Centre of Training Excellence in Mining to organize two introductory sessions later this month for workers interested in exploring careers in the mining industry. …Meanwhile, two companies operating in the Chemainus area are expected to create a combined 65 employment opportunities. The Shinohara Nexus Group is opening a production facility in early 2027, and have expressed interest in hiring forestry workers affected by the closure and curtailments …Ron Anderson & Sons is also expanding.

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Council of Forest Industries Statement on the 2026 B.C. Provincial Election

Council of Forest Industries
October 26, 2026
Category: Business & Politics
Region: Canada West

The BC Council of Forest Industries (COFI) congratulates Premier-designate Lorne Doerkson and the Conservative Party of BC on their election victory. We also thank all candidates who put their names forward for their commitment to public service and the future of our province. “Premier-designate Doerkson has spoken clearly about the importance of forestry communities, getting more wood moving, accelerating permitting and restoring investment,” said Kim Haakstad, President and CEO of COFI. “We strongly support this direction and look forward to working with the new government to turn these commitments into action.” …With the election behind us, the urgent work to stabilize B.C.’s forest sector must resume. We are ready to work with the incoming government, First Nations and local communities to get started immediately and deliver meaningful progress in the first 90 days. A strong, competitive forest sector is essential to B.C.’s economic future.

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Join the BC Wood Export Readiness Training Program Starting Nov 17!

The BC Wood Specialties Group
October 26, 2026
Category: Business & Politics
Region: Canada West

Ready to take your wood products business global? The BC Wood Export Readiness Training Program is a 9-module virtual course designed to equip value-added wood product companies with the tools for international success. Join our 9-session course for wood manufacturers and unlock strategies to thrive! Nov. 17 – Dec. 15, 2026 | 8:30am – 10:00am PST | Tuesdays & Thursdays | Zoom. Topics include:

  • Export Readiness: Learn what is needed for exporting success
  • Updating Products & Localization: Learn the most common requirements for wood products in global markets
  • International Marketing: Learn how marketing differs in international markets, including culture & formats
  • Selling Direct vs. Through Partners: Learn which sales strategy works best
  • Top Global Markets for Expansion
  • International Pricing and Contracts: Learn to set pricing, understand margins, and review best contract practices
  • International Finance
  • Operations, HR & International Logistics
  • Funding Available for International Expansion

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Environmental advocates concerned over results of BC election

By Curtis Blandy
Victoria Buzz
October 26, 2026
Category: Business & Politics
Region: Canada West

Two prominent environmental advocacy groups have revealed concerns over the incoming Conservative Party of BC government and their mandate. The BC Conservatives ran their campaign on a platform that could see liquefied natural gas (LNG) and forestry production increased. They promised to double natural gas production by 2032 and triple it by 2035 and return numerous plots of deferred land back to the forestry industry. While the BC Conservatives intend to give land back to the forestry industry through this initiative, they also promised to protect “original” old-growth forests. The old-growth advocacy group Ancient Forest Alliance has stated that this definition is ambiguous and redundant under standard definitions since all old-growth forests in BC are inherently “original.” …Sierra Club BC believes that it is possible to strengthen the economy without sacrificing the environment. The organization says it wants to see sustainable development implemented that respects nature’s limits rather than capitalizes on it. 

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Parmar says he’ll miss his role as forest minister

By Hannah Link
Victoria Times Colonist
October 27, 2026
Category: Business & Politics
Region: Canada West

The NDP’s Ravi Parmar, who held onto his Langford-Highlands seat in a provincial election dominated by the B.C. Conservatives, says he’ll miss the role of minister of forests, which he’s held since 2024. Parmar said he’s proud of his work in the ministry through two devastating wildfire seasons and the trade war with the United States, and worries about what a Conservative majority government will mean for forestry in the province. “I really hope that they think of communities, and they think of local jobs and workers, instead of multinational companies.” …“I’m obviously disappointed in the provincial results,” Parmar said. “British Colombians have given my party a new job, and that is to hold this new Conservative government accountable to all their promises and commitments.”

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Valemount sawmill enters closure while awaiting freeze-up

By Kevin Gibson
The Rocky Mountain Goat
October 23, 2026
Category: Business & Politics
Region: Canada West

The Valemount Specialty Mill has entered into a temporary closure, which mill manager Andy Hubbell estimates will last approximately two months, but is dependent on weather conditions. Hubbell says the ground is currently too soft to get trucks in to cut timber needed for the mill to continue operations. The last of the timber was cut on October 8th. Hubbell told The Goat the mill needs freezing conditions before it can access more timber in difficult-to-reach areas. He hopes freeze-up will allow access to hemlock in December, although the timing remains dependent on the weather. The closure puts sawing on hold while the mill waits for its next supply of logs. Although timber is available to harvest, the areas that supply hemlock cannot be accessed until the ground freezes. The mill is dependent on hemlock which they ran out of in the middle of September. 

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Mercer International may seek US bankruptcy protection

By Reshmi Basu and Paula Sambo
The Financial Post
October 22, 2026
Category: Business & Politics
Region: Canada, Canada West

Canadian pulp producer Mercer International is laying the groundwork for a potential Chapter 11 bankruptcy filing, according to people familiar with the matter. Mercer, which has struggled with rising fiber and energy costs as well as persistent cash burn, could seek court protection in the coming weeks. The company would likely file in Texas, though no final decision has been made and plans could still change, they added. Creditors are expected to take control of the company if it files for bankruptcy, the people said. Opportunistic credit investor Redwood Capital Management had been acquiring Mercer’s distressed debt, becoming one of its largest creditors. The company and Redwood did not respond to requests for comment, while a representative for company adviser Houlihan Lokey declined to comment. Mercer had about US$1.3 billion of long-term debt as of June 30. Its shares closed Wednesday at about 21 cents, down from US$1.98 at the end of 2025. [END]

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Vancouver Island needs ‘more certainty’ economic report suggests

By Jessica Durling
The Nanaimo Bulletin
October 22, 2026
Category: Business & Politics
Region: Canada West

Susan Mowbray

There is an uncertain outlook on Vancouver Island for forestry and aquaculture, but emerging opportunities in defence and an ocean economy… Susan Mowbray, partner in MNP’s Vancouver consulting practice, presented the 2026 State of the Island Economic Report at the Vancouver Island Economic Alliance on Oct. 21, giving the current state of the economy and the short-term outlook. “Forestry remains an important part of the Island economy, it’s a lot smaller than it was but it is still really important, particularly in the mid-north Island, but employment has been falling,” Mowbray said. Curtailments and closures, she explained, stem from a mix of fibre constraints, a slow-down in the U.S. housing market and higher U.S. tariffs. “There are signs, if you look at the data, that we did see a little bit of harvest volume increase in 2026 versus 2025, but that is because we’ve had better weather and labour disputes resolved, not because we’re seeing an increased lumber demand.”

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All the good news that didn’t make the news in British Columbia

By Nelson Bennett
Resource Works
October 22, 2026
Category: Business & Politics
Region: Canada, Canada West

We’ve had final investment decisions on LNG Canada Phase 2, the Pacific Link pipeline formally designated a project of national interest, and a snap provincial election. These big announcements have overshadowed some smaller good news stories over the past few weeks. …Domtar, it appears, has managed to secure some kind of fibre supply with the provincial government. Details are sketchy, however, because neither Domtar nor the Ministry of Forests bothered to put out press releases on the development. …Another bit of good news in forestry is that Gillfor Manufacturing, a B.C. wood products manufacturing and distribution company, will salvage what is left of Teal Jones, which includes three mills in Surrey and Tree Farm License 46. “The plan is to restart that shake and shingle mill eventually. The other two sawmills will continue to be operated on a two-shift basis, provided there is ample log supply. 

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Doerkson pins growth hopes on getting forestry ‘back to business’ and LNG opportunity

By Wolfgang Depner
Canadian Press in Chek News
October 22, 2026
Category: Business & Politics
Region: Canada West

Interim BC Conservative leader Lorne Doerkson is partly hanging his hopes on the province’s beleaguered forestry sector to carry his election platform’s economic growth forecasts, recalling that the sector had been a “ginormous contributor” to the province’s economy in the past. …when asked how he would achieve the growth predictions that his party says will bring in $2.6 billion in new revenue over three years, Doerkson said, “that infrastructure is there, it’s in place and we can absolutely get back to business in that sector almost immediately.” …[An] NDP background document said Doerkson could not change U.S. softwood tariffs, now close to 35 per cent, low prices or the exhaustion of the most profitable timber stands. B.C. Council of Forest Industries’ Kim Haakstad cautioned that expecting the sector to resume the role it had in B.C. in the 1960s or earlier was not realistic. But she said increasing the annual allowable cut backup to 45 million cubic metres … could generate about $600 million in additional revenue. 

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Canadian Fury at Trump Is Failing to Rally Voters in Lumber Belt

By Thomas Seal
Bloomberg Politics
October 23, 2026
Category: Business & Politics
Region: Canada, Canada West

A provincial election in the heart of Canada’s lumber country is exposing the limits of using US President Donald Trump as a political foil, even in one of the places hardest hit by his tariffs. On Sep. 22, British Columbia Premier David Eby called an election two years early, after the collapse of US-Canada trade talks, seeking to win a stronger mandate by tapping into the defiant Canadian patriotism that’s erupted in the face of Trump’s threats. Eby’s speech that day invoked Trump’s name more than 20 times, hammering on his threat to the lumber industry, while not naming any rival Canadian politicians. [to access the full story a Bloomberg Politics subscription is required]

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Your B.C. election guide to key climate and environment issues

By Shannon Waters
The Narwhal
October 21, 2026
Category: Business & Politics
Region: Canada West

The NDP platform promises to continue to support the forest industry by providing more cash for mills to upgrade their operations, spending $120 million to protect jobs at mills that are at risk of closing and focus on making sure mills get the fibre needed to keep operating. The party’s promises to protect B.C.’s forests are less robust. …The BC Conservatives are promising to do many of the same things the NDP has done but better, bigger and faster. Conservative forestry policies would double government revenue from stumpage fees by 2028-29. The 2026 provincial budget estimated total forestry-related revenues will increase 3.3 per cent per year through 2029. …The party promises to “resolve” the issue of old-growth deferrals by “protecting original old growth” and making the rest eligible for logging. …The Green platform proposes shifting B.C. forestry from a fibre-supply model to one that prioritizes ecosystem health, wildfire resilience, cultural values and healthy communities.

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Looking at the Election Promises on Saving Forestry Jobs

By Isaac Phan
The Tyee
October 21, 2026
Category: Business & Politics
Region: Canada West

…In the weeks before Premier David Eby called a snap election, forestry stakeholders including the United Steelworkers, the BC Council of Forest Industries, the Truck Loggers Association and the BC First Nations Forestry Council told the provincial government the industry was at a breaking point. A month later, ahead of the provincial election on Saturday, B.C’s Conservative, Green and New Democratic parties have put forward their plans for the industry’s future. The United Steelworkers union … has welcomed the NDP’s plan as a positive step toward protecting jobs. Meanwhile Gary Bull, professor emeritus of forestry at the University of British Columbia, said that while both parties have made some steps toward sustaining the industry, neither the Conservatives nor the NDP offered a dramatic shift in the province’s approach to forest management. …Scott Lunny, United Steelworkers Western Canada director, said he welcomed the NDP plan, but it doesn’t go far enough to protect jobs. …Bull said both parties’ platforms were still missing details about how to finance better forest management.

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Millworkers protest lack of action

By David Wiwchar
Nanaimo News Now
October 20, 2026
Category: Business & Politics
Region: Canada West

More than 80 forestry workers gathered in the Port Alberni paper mill parking lot last Friday to raise awareness of forestry issues, and discuss the future of their industry. With Domtar dependent on a dwindling market of fall-down chips from sawmills, Unifor local 592 first vice-president Ted Haggard says workers are pressuring governments to act. “I’m not gonna lie, our future doesn’t look like sunshine rainbows right now, but we can change that with proper forest management,” he said. Haggard says the development of the First Nations led Alberni Valley Forestry Coalition has helped pressure governments to improve forest rules and regulations and lower logging costs.

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2026 BC Election Forestry Platform Comparisons

BC Council of Forest Industries
October 19, 2026
Category: Business & Politics
Region: Canada West

…But urgent action is needed to stop the deepening crisis in BC’s forest sector. Since 2022, more than 15,000 forestry jobs have been lost, and over 20 mills have closed or curtailed. The damage doesn’t stop at the mill gate. Every closure puts contractors, suppliers, secondary manufacturers, local small businesses and communities at risk. …As British Columbians prepare to vote for the next provincial government, COFI has outlined key policy priorities. The comparison sets out COFI’s recommended actions alongside the commitments put forward by the BC NDP and Conservative Party of BC. …This election is an opportunity to put forestry back at the centre of BC’s economic priorities. We encourage forestry workers, businesses and communities to engage with local candidates, share what is at stake, and ask how their parties will support a competitive and sustainable forest sector. View the full 2026 Provincial Forestry Platform Comparison on these issues: Stabilize BC Forestry; Secure an affordable and predictable wood supply; Protect and Invest in BC Jobs and Mills; Build Homes with BC Wood; Stand Up for BC Forestry in Ottawa and Washington, DC; and Other Forestry-related Commitments.

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Community forests offer a practical path forward for British Columbia

By Jennifer Gunter and Erik Holbek, BC Community Forest Association
The BC Community Forest Association
October 16, 2026
Category: Business & Politics
Region: Canada West

British Columbia’s forest sector is at a turning point. Communities are feeling the effects of sawmill and pulp mill closures, catastrophic wildfires, changing markets, and general uncertainty about the future. British Columbians are also asking how forests can support healthy ecosystems, sustainable local economies, reconciliation, public safety, recreation, and other community priorities. We believe community forestry offers a tested and proven way forward and should be on the minds of British Columbians and on the platforms of those running for office in the provincial election. We are asking political parties, candidates, and the next government to make two clear commitments. These practical actions would strengthen local economies, support First Nations leadership and partnerships, reduce wildfire risk, and help build a more resilient forest sector: Expand the Community Forest Program and protect the policies and operating conditions that make community forests viable; and Provide stable, long-term funding for proactive wildfire management, planning, and risk reduction in and around community forests.

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Conservatives promise $10M for Crofton mill site revitalization

By Sarah Simpson
The Cowichan Valley Citizen
October 19, 2026
Category: Business & Politics
Region: Canada, Canada West

In an Oct. 19 announcement from Cowichan Valley candidate Bert Chen, the B.C. Conservative Party has cast doubt on Crofton residents’ future water quality and promised funding to fix it. In his announcement, Chen promised to secure up $10 million to help revitalize the Crofton Mill site and provide critical support for the community if a Conservative government is elected on Oct. 24. The Domtar mill in Crofton was permanently shuttered in 2025. “With the lost property tax revenues from the mill, the local Municipality of North Cowichan is unable to provide the funding to invest in an independent, municipally-owned water system for Crofton,” said Chen. …“This site is ideal for provincial support due to the adjacent BC Ferries terminal.”

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BC Conservative leader promises support for forest industry during Lower Mainland campaign announcement

By Colleen Flanagan
Maple Ridge News
October 19, 2026
Category: Business & Politics
Region: Canada West

Leader of the BC Conservative Party Lorne Doerkson made a campaign stop at a shake and shingle mill in Maple Ridge on Monday, Oct. 19, to announce new supports for forestry jobs in the province if his party is elected to office. Doerkson shook hands with workers at Waldun Forest Products in east Maple Ridge, in the riding of BC Conservative incumbent candidate Lawrence Mok, where he said he will give the sector more predictable access to fibre, speed up the permit process, and eliminate unnecessary permitting costs in the sector. …He set a goal of 45 million cubic metres, minimum, for the annual cut. …He also pledged his government would review and eliminate unnecessary permitting costs and encourage Indigenous participation in the forestry industry by investing in skills training and ensuring First Nations will benefit from any federal funding to support the industry. He also vowed to create competitive tax conditions.

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Conservatives promise to amp up harvest for B.C.’s beleaguered forestry sector

By Derrick Penner
The Vancouver Sun
October 19, 2026
Category: Business & Politics
Region: Canada, Canada West

B.C. Conservative Leader Lorne Doerkson said his party would speed up issuing harvest permits and reduce regulatory costs in an effort to increase “sustainable access” to timber in B.C.’s beleaguered forest industry. … To the province’s key industry group, the Conservative platform appears to get at more of the issues it has been asking for government to address than the NDP policy promises, which aim at industry transformation. “(However) overall, we continue to see a bit of a lack of urgency that’s needed to stem the tide of forest mill closures,” said Kim Haakstad, CEO of the Council of Forest Industries. …The NDP’s Ravi Parmar said much of the Conservative policy resembles measures the previous government was already working toward, such as establishment of a biomass strategy.” Parmar added that the NDP remains committed to reaching a 45 million cubic metres per year in annual timber harvest. [to access the full story a Vancouver Sun subscription is required]

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Alberta rejects a move toward independence from Canada in a victory for Carney

By Rob Gillies
The Associated Press
October 20, 2026
Category: Business & Politics
Region: Canada, Canada West

Mark Carney

EDMONTON, Alberta — Voters in oil-rich Alberta province overwhelmingly backed remaining in Canada, with early referendum results delivering a boost to Prime Minister Carney’s push for national unity amid US President Trump’s trade war and annexation threats. With more than 1.8 million votes counted, 76% supported remaining in Canada, while 24% backed beginning a process toward separation. …Carney said that the result would allow Canadians to move forward together and accelerate efforts to diversify trade, develop major infrastructure projects and make Canada a global energy powerhouse, with Alberta at its center. …Alberta Premier Danielle Smith welcomed the early results, saying they showed widespread support for remaining in Canada. …Despite the proposal’s apparent failure, separatist leaders have said they turned a fringe cause into a movement that won’t disappear.

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B.C. forest industry bristles at proposal to reduce compensation in First Nation land transfers

By Derkick Penner
The Vancouver Sun
October 16, 2026
Category: Business & Politics
Region: Canada, Canada West

BC’s key forest industry group is critical of a pre-election government effort to limit compensation to forest tenure holders when land is transferred to First Nations as part of reconciliation efforts. A confidential government briefing document and presentation leaked this week refer to a commitment to transfer 400 parcels of Crown land to First Nations. However, due to “continuing fiscal constraints,” the documents outline proposals to limit, through changes to the Forest Act, the amount of compensation owed to companies or entities that hold timber rights on those parcels. Timber companies support reconciliation efforts, understanding that “those need to happen,” but any effort to curb compensation for cutting rights is unfair to an industry struggling with so many other issues, said Kim Haakstad, CEO of the Council of Forest Industries. …“We think it is not acceptable to have us pay for these costs, especially at this time when the sector is in a deepening crisis.” 

Related coverage:

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Another secret comes back to bite NDP’s David Eby

By Vaughn Palmer
Vancouver Sun
October 16, 2026
Category: Business & Politics
Region: Canada West

VICTORIA — The New Democrats have been working in secret to limit the province’s obligation to pay compensation to forest companies for the loss of timber-cutting rights on some 400 parcels of land being transferred to First Nations. The NDP government says it can no longer afford to pay compensation because of “ongoing fiscal restraints,” meaning the record debt and deficits accumulated under Premier David Eby. The plan was laid out in confidential documents leaked to Northern Beat, an online publication, and published Thursday. This latest revelation is reminiscent of the deal the New Democrats struck before the last election to deliver $104 million and six square kilometres of public land to the shíshálh nation on the Sunshine Coast. The Eby government signed that deal in confidence weeks before the formal start of the election campaign. The terms were not made public until January 2025, well after the New Democrats were returned to office. [A Vancouver Sun subscription is required for full article access]

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B.C. needs more than major projects to build a strong economy

By Kim Haakstad, president and CEO, Council of Forest Industries
Victoria Times Colonist
October 16, 2026
Category: Business & Politics
Region: Canada West

Kim Haakstad

We are spending a lot of time talking about major projects these days. …But somewhere along the way, we seem to have decided that they are the only answer to our economic ­challenges. There’s a catch with that approach: For most major ­projects, the biggest boost ­happens during construction. …We can build major ­projects while strengthening the ­industries that already provide jobs, investment and economic activity in communities across British Columbia. Forestry is one of those industries. Forestry literally and figuratively built British Columbia. …Unlike a construction project, forestry’s economic contribution doesn’t end when the assembly is complete. Forestry supports jobs on Vancouver Island, in the North, the Central Interior, the ­Southern Interior and throughout the Lower Mainland… It offers established networks, skilled workers and global customers ready to generate revenue right now. Yet instead of leveraging this advantage, we seem to have accepted managing the ­industry’s decline. …British Columbia needs major projects. We should pursue them with ambition. And we must bring that same ambition and urgency to forestry.

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Layoffs begin at Big River, Sask., sawmill as workers call for more support

By Jasmine Pelletier
CTV News
October 16, 2026
Category: Business & Politics
Region: Canada, Canada West

Brandon Nicholson

PRINCE ALBERT, Saskatchewan — This week marks the first round of layoffs at the Big River sawmill, and workers want to see more action to protect Saskatchewan’s forestry sector. Brandon Nicholson from the United Steelworkers said “I’ve had members from the community that don’t even work at the mill reaching out to me and expressing their concern”. Earlier this year, sawmill operator Carrier Forest Products announced that it would be curtailing operations at the Big River sawmill, affecting 117 jobs. The company attributed it to tariffs, market conditions and forest loss from last year’s wildfires. Nicholson said increased access to trees further north and a boost in domestic demand for forestry products could help prevent job losses in the sector. …The province said it is helping tariff-impacted workers with the Canada-Saskatchewan Workforce Tariff Response program, supported with $15.6 million in funding.

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Alberta Forest Products Association Announces Leadership Transition

By Aspen Dudzic, Vice President, Public Affairs
Alberta Forest Products Association
October 15, 2026
Category: Business & Politics
Region: Canada West

EDMONTON, AB — After nearly seven years at the helm of the Alberta Forest Products Association (AFPA), President and CEO Jason Krips will step down from his role at the end of the calendar year to join the executive team at the University of Alberta.mKrips will remain with AFPA through the end of 2026 and support the organization as the Board Executive undertakes the recruitment process for AFPA’s next President and CEO. During his tenure, Krips led the association through a period of significant change for both AFPA and Alberta’s forest sector — from the COVID-19 pandemic and organizational restructuring to a record-breaking wildfire season and, most recently, significant trade challenges with the United States. Throughout it all, Krips has been a steadfast champion for Alberta’s forest sector and the communities that depend on it. 

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Secret documents reveal BC NDP government ‘Land Returns’ plan for First Nations

By Rob Shaw
The Northern Beat
October 15, 2026
Category: Business & Politics
Region: Canada West

The B.C. NDP government has committed to hand over approximately 400 parcels of public Crown land to First Nations, while promising just days before the snap election that it would change the law to limit compensation to forest companies affected by the losses. The revelation is contained inside briefing documents labelled “confidential” but obtained by Northern Beat. The briefing is dated Sept. 10… Anyone who wanted to see the material was forced by government to sign a non-disclosure agreement to remain quiet during the election period. “One mechanism used to advance reconciliation is through the return of Crown lands to First Nations under treaties and other negotiated agreements,” reads the document, titled “Forest Compensation Framework.” …The proposed solution is to change the compensation rules to make it cheaper for government to remove the logging rights from forest companies on land earmarked for First Nations by, in some cases, not compensating the companies at all.

Additional coverage by Rob Shaw in Chek News: Eby defends plan to limit payouts for forestry companies on Indigenous land transfers

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Massive piece of New Brunswick forest land goes up for sale

By Adam Huras
The Telegraph-Journal
October 28, 2026
Category: Business & Politics
Region: Canada, Canada East

NEW BRUNSWICK — The company that recently announced the shut down of its Nackawic pulp mill is now trying to sell a massive piece of forest land, representing the clearest evidence to date that AV Group’s future in the province is in doubt. That’s as the Holt government confirmed it has made an offer to buy what amounts to the 44,000 hectares that was being used to supply the mill its fibre. It’s in hopes to see the wood used once again to bring back forestry jobs in the area, potentially by a new Nackawic mill owner. …AV Group has announced a shutdown of the mill scheduled for Nov. 4, putting about 350 workers out of jobs. …While its future remains uncertain. But what’s quickly becoming clear is that the future of the mill under the AV Group is coming to an end. [to access the full story a Telegraph Journal subscription is required]

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J.D. Irving may close its east Saint John paper mill if lower prices for surplus electricity are not restored by N.B. Power

By Robert Jones
CBC News
October 29, 2026
Category: Business & Politics
Region: Canada, Canada East

The New Brunswick government says N.B. Power selling excess electricity at market prices outside of the province benefits the utility and its customers, and it has no plans to order the Crown corporation to sell the same power to local industries at a price discount instead. …In the past, the utility has offered surplus power, or what it calls “interruptible” power, to nine large New Brunswick industrial customers, including multiple pulp and paper mills, at discounted pricing. …N.B. Power’s largest customer, forestry company J.D. Irving called the effect of the change “very substantial” on it and other industrial customers. According to the company, it took three quarters of the electricity it used from N.B. Power last year for its two Saint John paper mills from the utility’s surplus supply. …Company executive VP Mark Mosher warned it may cause Irving to close its electricity-dependent east Saint John paper mill entirely.

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Temporary shutdown at Quesnel River Pulp will continue at least a little longer

By George Henderson
My Cariboo Now
October 28, 2026
Category: Business & Politics
Region: Canada East

There is an update on the temporary shutdown at Quesnel River Pulp. Millar Western announced in the summer that operations would be curtailed from September 4th until November 1st. We have confirmation that it will now continue until December 1st. Employees will be provided an update by mid-November. Millar Western said the decision to curtail operations was the result of ongoing market challenges and the application of significant tariffs on Chinese exports. It said those factors led to a period of sustained weakened demand, poor pricing and reduced order volumes. [END]

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FPAC rallies political and industry support at annual Parliamentary Forestry Reception

By Andrew Snook
Canadian Forest Industries
October 22, 2026
Category: Business & Politics
Region: Canada, Canada East

The Forest Products Association of Canada‘s (FPAC) Annual Parliamentary Forestry Reception… was co-hosted by FPAC and Corey Hogan, MP for Calgary Confederation in Alberta and Parliamentary Secretary to the Minister of Energy and Natural Resources. …The federal government is expected to make a major announcement related to supporting the forest products sector in early November, possibly as part of the coming federal budget announcement on Nov. 5. This is expected to include responses to some of the key issues outlined in the recently published Canadian Forest Sector Transformation Task Force’s Final Report released on June 3, 2026. …Nighbor also noted transportation challenges related to freight, rail and port infrastructure as being crucial components to the success of the sector. Looking for opportunities to innovate is also a top priority. …One of the key delegates at FPAC’s Annual Parliamentary Forestry Reception was Alberta’s Minster of Forestry and Parks Todd Loewen.

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AV Nackawic Restart Unlikely, New Brunswick Premier Says

The Paper Advance
October 21, 2026
Category: Business & Politics
Region: Canada, Canada East

NEW BRUNSWICK — The prospects of restarting AV Group NB’s dissolving pulp mill in Nackawic, New Brunswick, appear increasingly uncertain. Asked on October 16 about the possibility of reopening the facility, Premier Susan Holt described it as “very unlikely,” according to the River Valley Sun. The comment comes as the mill approaches its scheduled November 4 shutdown. In September, AV Group NB announced plans to temporarily idle production, citing persistent market challenges and broader macroeconomic pressures. The company did not provide a restart date. The facility employs approximately 350 people and has an annual production capacity of about 190,000 tonnes of dissolving-grade pulp, primarily used in textile manufacturing. Despite the premier’s assessment, AV Group NB has not announced a permanent closure. The facility’s long-term industrial future therefore remains unresolved.

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MPP Bresee given new parliamentary assistant role in forestry

By Luke Hendry
The Belleville Intelligencer
October 22, 2026
Category: Business & Politics
Region: Canada East

Ric Bresee

Hastings-Lennox and Addington MPP Ric Bresee has been named the parliamentary assistant to the associate minister of forestry and forest products. Premier Doug Ford on Thursday announced a shuffle of parliamentary assistant positions. “We have the right team in place in cabinet and across government to achieve our goal of building the most competitive, resilient and self-reliant economy in the G7, so we can protect workers and families in every corner of the province,” Ford said in a news release. Bresee held previously the assistant position for the minister of seniors and accessibility and the minister of transportation. “We all know what an incredibly important place the forestry sector has in this riding, and all across Ontario, for employment, and for its impact on new housing development,” Bresee said in a prepared statement. “It has also been the subject of many very difficult discussions regarding tariffs and our American neighbours.

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Canada’s first robotic roof truss manufacturing line opens in Huron County, Ontario

By Scott Miller
BNN Bloomberg
October 21, 2026
Category: Business & Politics
Region: Canada, Canada East

Canada’s first robotic roof truss manufacturing line is located in Huron County, Ontario. “The robotics go slower than human beings, but they’re consistent,” said the Founder and President of Atlas Engineered Products, Hadi Abassi. Abassi bought Clinton Truss in 2018, with the idea of revolutionizing how roof trusses were built in Canada. Two years ago, he started construction of this $20 million facility in Vanastra, Ont., to robotically manufacture roof trusses, streamlining the production process from start to finish. “And not just trusses. We have the same system, and same vision for the component construction, for the walls section and floor sections,” said Abassi. With 10 factories across Canada, Abassi aims to build homes piece by piece, and deliver them to construction sites across North America, speeding up the on-site home construction process. …Helping to enable the expansion in Vanastra, a $4 million grant from Natural Resources Canada’s Forestry Innovation Support Program.

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If Interfor won’t reopen Ear Falls, it’s time for public ownership

By Luke Hildebrand, President, NDP riding association
The Fort Frances Times
October 21, 2026
Category: Business & Politics
Region: Canada, Canada East

Ear Falls workers have waited long enough. For more than a year, Interfor’s sawmill has sat idle. 160 workers have been left without their regular jobs, and families have been left wondering. …These are good, unionized jobs. …While the Ear Falls mill has sat idle, Interfor has invested south of the border, including completing a $145-million reconstruction of its sawmill in Georgia. It has moved its corporate headquarters from Canada to the United States. …A private corporation makes decisions based on what is best for its business and shareholders. …But government should make the decisions that are best for the people of northern Ontario. ….A publicly owned mill can play the long game. It still has to operate sensibly and compete. But it can measure the return differently. …If Interfor won’t reopen the mill, it’s time for government to step in.

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Provincial and federal governments announce a historic investment in the Saint John Trade Corridor

The Government of New Brunswick
October 21, 2026
Category: Business & Politics
Region: Canada, Canada East

SAINT JOHN, New Brunswick — Premier Susan Holt and federal Transport Minister Steven MacKinnon announced a historic $463 million investment today to strengthen rail, road and marine infrastructure connecting Port Saint John to national and international markets, supporting economic growth and good-paying jobs for New Brunswickers. The Saint John Trade Corridor is the first project to secure funding through the federal Trade Diversification Corridors Fund. The investment aims to improve the movement of goods, strengthen supply chains and help position New Brunswick businesses to reach new markets and seize new opportunities. …Jim Irving, CEO of J.D. Irving, Limited, “… By combining these investments with our own, we are helping build a more efficient, resilient and competitive port and transportation network that will strengthen the Port of Saint John.”

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Nackawic mill workers rally in face of impending layoffs

By Shane Fowler
CBC News
October 16, 2026
Category: Business & Politics
Region: Canada, Canada East

NEW BRUNSWICK — Nearly 100 mill workers, union leaders and politicians marched through the streets of Nackawic in the shadow of the pulp mill that is soon set to close its doors to hundreds of its employees. AV Nackawic will lay off around 350 workers around the end of October as it is scheduled to enter an “idle” phase while its future remains undecided. Union workers marched as part of a National Day of Action organized by Unifor, but in Nackawic, the event took on a heavier meaning. People gather in a parking lot with a large pulp mill operating in the background. “It’s a struggle,” said Grant Charlton, president of Unifor Local 219 and a chemical plant worker at AV Nackawic. …But for many, including Nackawic-Millville Mayor Tim Fox, it’s not a question of if the jobs will be lost but if they’ll ever return.

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West Fraser Announced Indefinite Curtailments in its OSB and Lumber Portfolios

West Fraser Timber Co. Ltd.
October 28, 2026
Category: Business & Politics
Region: United States

West Fraser announced that it will indefinitely curtail its Huguley OSB mill in Lanett, Alabama and lumber mill in Leola, Arkansas. These curtailments are expected to take effect in the fourth quarter following orderly wind-downs. These decisions are the result of continued weakness in demand for wood products used in new home construction and repair and renovation applications. …Sean McLaren, West Fraser’s CEO, “We were also impacted by higher energy-related input costs. Our teams responded by running mills to demand, reducing inventory and controlling costs. …These actions are expected to reduce West Fraser’s OSB capacity by 500 million square feet (3/8-inch) and SYP capacity by 225 million board feet, both on an annual basis. This action reflects the challenging market conditions facing our business and is not a reflection of the dedication and performance of our employees at Huguley and Leola.

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US Commerce seeks input on softwood lumber subsidies in Canada and three other countries

The US Department of Commerce
October 28, 2026
Category: Business & Politics
Region: United States

The U.S. Department of Commerce is seeking public comment on subsidies, including stumpage subsidies, provided by countries exporting softwood lumber or softwood lumber products to the United States between January 1 and June 30, 2026. Under the Softwood Lumber Act of 2008, Commerce is required to report to Congress every 180 days on subsidies provided by lumber-exporting countries. Comments are due November 30, 2026.

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US launches antidumping investigations into imported corrugated cardboard boxes

The US Department of Commerce
October 26, 2026
Category: Business & Politics
Region: United States, International

The US Department of Commerce has initiated antidumping investigations into imports of corrugated die-cut cardboard boxes, primarily pizza boxes, from China, Malaysia and Türkiye. The investigations follow petitions filed by the American Pizza Boxes Manufacturers Coalition, comprising Smurfit Westrock and Pratt Industries, and the United Steelworkers union. Petitioners allege that imported boxes are being sold in the US at less than fair value, harming domestic manufacturers. Estimated dumping margins range from 96.62% to 568.50% for China, 110.73% for Malaysia, and 120.65% to 210.37% for Türkiye. The investigations will determine whether dumping is occurring and could result in additional import duties. The US International Trade Commission must separately determine whether the imports are injuring or threatening the domestic industry.

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US lawmakers introduced bipartisan bill to lower housing costs and support American timber industry

US Rep Andrew Salinas
October 20, 2026
Category: Business & Politics
Region: United States

U.S. lawmakers Andrea Salinas and Glenn Thompson introduced the bipartisan Mass Timber Growth and Innovation Act, legislation to lower housing construction costs, strengthen American manufacturing, and create good-paying jobs in rural communities. The bill would provide tax incentives to expand domestic production of mass timber, an innovative wood building material that can help builders construct homes faster and at a lower cost. …The Mass Timber Growth and Innovation Act offers a 10% tax credit for investments in mass timber manufacturing facilities, including machinery, equipment, and buildings. It does this by adding mass timber to the existing Advanced Manufacturing Investment Credit. …And reward research that brings costs down. This bill creates a 20% credit that covers every dollar a company spends on mass timber research, from new products to better production methods. …The bill is endorsed by: American Wood Council, Chamber of Progress, Oregon Forest Industries Council, Washington Mass Timber Accelerator, and Weyerhaeuser.

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U.S. Endowment Commits $5 Million to Conservation Resources’ CRSilva Ventures Fund, a New Forest-Sector Venture Capital Fund

US Endowment for Forestry and Communities
October 21, 2026
Category: Business & Politics
Region: United States

The U.S. Endowment for Forestry and Communities (the Endowment) today announced a $5 million commitment as the anchor investor in Conservation Resources’ CRSilva Ventures, LP fund. The fund will back practical, scalable businesses built around forests, forest products and the rural communities the industry supports. The newly established venture capital fund will invest primarily in pre-seed/seed and early-stage companies that turn the biological, material, carbon, water and data systems within forest ecosystems into scalable businesses. CRSilva, a new venture strategy, seeks to invest in opportunities that enhance forest ecosystems, including new technologies, products, materials, services and AI-integrated systems. As a limited partner, the Endowment is committed to supporting work that makes forests and forest-based markets more productive, resilient, measurable, useful and valuable. Deploying capital to enhance forest ecosystems is directly aligned with the Endowment’s mission, as pulpwood markets across the U.S. continue to shrink. 

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US challenges court jurisdiction in Canadian lumber duty dispute

By Niara O’Connor
Trade Law Daily
October 20, 2026
Category: Business & Politics
Region: United States

In its Oct. 16 response to a motion filed by the Committee Overseeing Action for Lumber International Trade Investigations or Negotiations, the government argued that the Court of International Trade should reject an effort to force the Commerce Department to change the countervailing duty cash deposit rate assigned to Canadian lumber producers Les Produits Forestiers D&G Ltée and Les Produits Forestiers Portbec Ltée (CIT Consol. # 19-00122). [to access the full story a Trade Law Daily subscription is required]

Editor’s Note: This case stems from a US Lumber Coalition challenge to the exclusion of two Quebec lumber producers from countervailing duties. Following several court-ordered recalculations, Commerce reinstated the companies under the duty order in August 2026 at a 1.05% rate. The latest dispute concerns whether the court has jurisdiction to order a change to their cash deposit rate while an appeal is underway.

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Alternative Investing Investors are buying up vast tracts of timberland across U.S. in one of market’s longest-term bets

By Kevin Williams
CNBC News
October 17, 2026
Category: Business & Politics
Region: United States

When the economy and the market look shaky … some investors have also been looking timber. The pitch is easy to like: a natural asset that grows on its own, matures into a harvest and can be cashed in all while you use it for recreation. Institutions have been buying timberland at a rate of one million acres per year, according to Bank of America, and some financial advisors say individual investors … are also taking a look at the asset class. But it is far from a rush, and investors who already own timberland caution that it may not be very profitable in the short term. …Financial institutions point to the asset class as one of interest specifically for the long-term investor. Ken Shepard, at Bank of America Private Bank said that timberland is not a tactical asset class that can be easily entered or exited in response to short-term market conditions. 

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Ukpeaġvik Iñupiat Corporation Launches Tundra Timber to expand local access to building materials

The Delta Discovery
October 21, 2026
Category: Business & Politics
Region: US West

Alaska — Ukpeaġvik Iñupiat Corporation (UIC) officially launched Tundra Timber on Sept. 28, opening a new company under its Arctic Operations & Development (AO&D) division. Tundra Timber will provide locally available construction materials for UIC shareholders and the broader community, including residents, contractors, organizations, and businesses in Utqiaġvik and across the North Slope. The grand opening marked the culmination of more than a year of planning, procurement, logistics, transportation, coordination, and operational work to establish the new business and bring more than 750,000 pounds of lumber and building materials to Utqiaġvik. The effort brought together teams from across UIC and key partners including Issaquah Lumber, the Iñupiat Community of the Arctic Slope (ICAS), and fellow UIC subsidiary Bowhead Transport. …The new lumber supply business responds directly to needs UIC has heard repeatedly from its shareholders and the Utqiaġvik and North Slope community. 

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West Fraser Timber Co. to close Leola mill

By Christina LaRue
The Arkansas Democrat Gazette
October 29, 2026
Category: Business & Politics
Region: United States, US East

West Fraser Timber said it will “indefinitely curtail” its lumber mill in Leola in Grant County this quarter and will also close a mill in Lanett, Alabama. …West Fraser said the Leola mill employs about 100 people and that it is focused on supporting them, including exploring opportunities to relocate to other West Fraser operations. …The mill closures in Arkansas and Alabama will allow the company to ramp up production at a replacement lumber facility in east Texas, company representatives said. …Last year, West Fraser permanently closed lumber mills in Huttig, in Union County, and Lake Butler, Florida. …West Fraser Chief Financial Officer and Executive VP Chris Virostek said the company has been affected by higher costs. …The company is managing the effects of higher costs on a mill-by-mill basis and have reduced logging operations in some areas in response to the higher costs, Virostek said.

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Georgia-Pacific Investing Approximately $150M in Palatka, Florida, to Modernize Tissue Production

By Georgia-Pacific
PR Newswire
October 28, 2026
Category: Business & Politics
Region: United States, US East

ATLANTA — Georgia-Pacific announced an investment of approximately $150 million to rebuild one of the paper machines at its Palatka, Florida, mill. The investment is part of Georgia-Pacific’s ongoing efforts to maintain and strengthen its current tissue production and enhance the long-term competitiveness of its consumer tissue business. Work on the project has already begun and is expected to be completed in the second quarter of 2028. The approximately $150 million investment replaces the Number Four paper machine, which was installed in 1980. The project will modernize a strategic machine that produces paper for Angel Soft® bath tissue, preserving existing production while increasing the mill’s manufacturing capabilities.

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Canfor Announces $96 Million Investment to Strengthen Arkansas Regional Hub

By Arkansas Economic Development Commission
GlobeNewswire
October 27, 2026
Category: Business & Politics
Region: United States, US East

EL DORADO, Arkansas — Canfor Southern Pine (CSP) is investing approximately $96 million USD to strengthen its Arkansas operations through a phased modernization and logistics expansion at its Iron Mountain facility in El Dorado. The mill modernization is being completed in two phases, along with the construction of a shipping transload facility. The first phase, which upgraded the planer, was completed in the second quarter of 2025. The second phase will modernize and expand Iron Mountain’s sawmill and log yard operations and is expected to be completed in the fourth quarter of 2026. …Together, these projects will more than double Iron Mountain’s annual net production to approximately 220 million board feet and create approximately 75 additional jobs at the facility and in logistics. They will also enhance operational efficiency, strengthen regional integration, and position Canfor’s Arkansas operations for long-term growth and competitiveness. …Iron Mountain joined Canfor in August 2024 following the acquisition of Arkansas Resolute El Dorado.

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Arkansas Congressman Bruce Westerman backs bill to boost U.S. lumber and paper production

By Daniela Dehaghani
KATV.com
October 26, 2026
Category: Business & Politics
Region: United States, US East

Bruce Westerman

ARKANSAS — Arkansas Congressman Bruce Westerman is backing a federal proposal aimed at strengthening the industry behind it. Westerman, a Republican representing Arkansas’ 4th Congressional District and chairman of the House Natural Resources Committee, introduced the bipartisan Strong American Wood (Saw) Act on Oct. 22 with Rep. Marie Gluesenkamp Perez, a Democrat from Washington. The legislation aims to increase demand for American-grown timber, support domestic wood and paper manufacturers and create new opportunities for the U.S. forest products industry. …Among its provisions, the bill would encourage federal agencies to prioritize American-made wood products in government purchases. It also proposes financing programs designed to help eligible homebuyers lower certain costs when purchasing homes built with domestic wood products. The legislation also seeks to expand markets for leftover wood materials generated during timber processing, potentially creating additional economic opportunities for forest landowners and manufacturers.

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Residents voice concerns over Carver Road sawmill reopening

By Holly Kozelsky
Henry County Enterprise
October 21, 2026
Category: Business & Politics
Region: US East

Henry County, Virginia — A majority of the more than five dozen people who attended the recent Community Meeting said they did so to express concern over the new company taking over operations of the lumberyard on Carver Road. The meeting was led by Horsepasture District Supervisor Debra Buchanan and included County Administrator Dale Wagoner, Sheriff Wayne Davis and Virginia Department of Transportation Residency Administrator Robin Keeler. …Louise Schoolfield said she was concerned about rats coming from the mill…. …Bonita Smith who lives next to the lumberyard said, “It’s so noisy, and they play music all night long”. Worse, Smith said she has had to remain vigilant against “rats, rodents and snakes” that she believes come from the property. …Van Drewery spoke about plans by Twain Lumber Co. to purchase and reopen the former Teal-Jones operation. …Drewery said residents recognize that the sawmill is expected to reopen but want existing laws enforced to protect the surrounding community.

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Atlas Structural Systems celebrates grand opening in Lewiston, Maine

J.D. Irving, Limited
October 21, 2026
Category: Business & Politics
Region: United States, US East

LEWISTON, Maine – Atlas Structural Systems, a manufacturer and distributor of structural building components, celebrated its grand opening in Lewiston, Maine, recognizing its role in helping build homes faster and more efficiently for Maine communities.  Representing an expansion into Maine, the Lewiston facility marks an increase in production capacity in the northeastern market for Atlas Structural Systems, an affiliate of J.D. Irving. The facility employs 50 people from the region. In attendance at the grand opening was Mr. Jim Irving, CEO of J.D. Irving, whose companies include Atlas Structural Systems. He was joined by Senator Susan Collins, Lewiston Mayor Carl Sheline and representatives of the Maine State Chamber of Commerce. …The 40,000 square-foot off-site construction facility produces prefabricated wall, floor and stair panels that are used to build more affordable homes and multi-family buildings.  

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Södra opens US sales office near Boston for pulp and sawn timber

Fordaq.com
October 21, 2026
Category: Business & Politics
Region: United States, US East, International

Martin Chopvan

Swedish forest-owner association Södra announced on 20 October that it is establishing a commercial office near Boston, Massachusetts, as part of an expansion of its North American pulp and sawn timber business. The company also announced a logistics partnership to strengthen its local commercial operations. The new office will handle sales of both Södra’s pulp and sawn timber in the United States. Martin Chovan, Sales Director at Södra Cell, will oversee the office, according to the company’s announcement. …Södra describes the move as strengthening an existing commercial foundation rather than entering the United States for the first time. The Swedish group is owned by more than 50,000 family forest owners and operates businesses in pulp, timber, building systems, energy and biochemicals.

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Barge Forest Products expanding operations in Noxubee County

Mississippi Development Authority
October 20, 2026
Category: Business & Politics
Region: US East

Jackson, Miss. – Lumber manufacturer Barge Forest Products is expanding its sawmill operations in Macon. The project represents a corporate investment of more than $8.3 million. Barge Forest Products specializes in high-quality southern yellow pine lumber production, particularly longer timber lengths used for construction. The company is constructing a new facility to house a new production line that will feature optimized edging and twin horizontal resaw capabilities. The upgrades are designed to improve efficiency and significantly increase the sawmill’s annual production capacity. The Mississippi Development Authority is providing assistance through a loan guarantee program and the Mississippi Flexible Tax Incentive, or MFLEX, program. Noxubee County is assisting with the project, as well. Founded in 1985, Barge Forest Products serves customers across North America, the Caribbean, North Africa, the Middle East and Asia. The company expects to complete the expansion October 2027.

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International Paper in talks with bidders for Europe, Middle East and Africa packaging business

By International Paper
PR Newswire
October 15, 2026
Category: Business & Politics
Region: United States, US East

MEMPHIS, Tennessee — International Paper said on Thursday it was in talks with potential bidders for its Europe, Middle East ​and Africa packaging business after unsolicited approaches, opening up an ‌alternative to its planned spinoff of the unit. The paper and packaging producer said the sale process was at an early stage and that there was no certainty ​a deal would be agreed. It is continuing to pursue the ​spinoff while evaluating the potential sale. The statement came after the Financial Times reported that private equity firms Lone Star and ​Atlas Holdings were exploring separate bids for the business, potentially valuing it at less than $6 billion. …International Paper, which accounts for ​roughly one-third ⁠of the North American corrugated packaging market, has been battling soft demand due to weaknesses in consumer spending and the housing market.

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France’s Fibre Excellence faces liquidation despite €200M rescue proposal

Le Journal des Entreprises
October 28, 2026
Category: Business & Politics
Region: International

FRANCE — Fibre Excellence Saint-Gaudens pulp mill faces liquidation after no firm takeover offer was submitted by the October 22 deadline. The mill, which employs 238 people and reported €140 million in revenue in 2025, remains the subject of a proposed €200 million investment by Portugal’s Ghost Group, supported by the French government and Occitanie Region. The proposal would restart pulp production within 12 months and establish a 50,000-square-metre facility to manufacture paper towels, toilet paper and diapers. Ghost, already a Fibre Excellence customer, says it needs at least six months to finalize the project. A commercial court hearing is scheduled for early November, with liquidation considered likely despite the continuing negotiations. Regional authorities are working to preserve the mill’s equipment and workforce capabilities while supporting affected employees. Fibre Excellence’s other pulp mill, at Tarascon, was placed in liquidation in July. [article in French]

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International Softwood Conference 2026 comes to Dublin

By Department of Agriculture, Food and the Marine
The Government of Ireland
October 29, 2026
Category: Business & Politics
Region: International

IRELAND — Minister of State for Forestry, Farm Safety and Horticulture, Niall Collins TD, opened and addressed the International Softwood Conference which met today in Malahide, County Dublin. The annual meeting brings together representatives from the forest sector from across the world to discuss the challenges and opportunities of the sector. The conference is organised jointly by the European Timber Trade Federation (ETTF) and the European Organisation of Sawmills (EOS) and is being held in Ireland for the first time. …Irelands forest sector processed over five million cubic metres of timber in 2025. This resource of timber comes from state forests and from over 24,500 forest owners providing rural employment. Exports of Irish coniferous timber totaled €184.3 million in 2025 generating income for forest owners and the forest sector. …The conference rotates around Europe and 2026 is the first time it will be held in Dublin running from 28 – 29 October 2026.

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Brazil’s Pulp Trade Faces US Tariffs and EU Deforestation Rules

METissue
October 27, 2026
Category: Business & Politics
Region: International

Brazil’s pulp industry faces mounting trade pressures as US tariffs affect selected pulp grades, new US trade-duty proceedings target high-purity dissolving pulp, and the European Union prepares to apply its deforestation regulation. The challenges come as Brazilian pulp exports declined in the first half of 2026. …The United States introduced an additional 25% Section 301 tariff on specified Brazilian goods, effective July 22, 2026. Most wood pulp products were exempted from the additional tariff, but high-purity dissolving pulp was excluded from the exemptions. …Separately, on October 13, the US Department of Commerce announced final affirmative determinations in anti-dumping investigations into high-purity dissolving pulp from Brazil and Norway, as well as a countervailing duty investigation into Brazilian imports. …The European Union’s Deforestation Regulation (EUDR) is scheduled to begin applying to large and medium-sized operators on December 30, 2026. …For Brazilian pulp producers exporting to Europe, compliance will require appropriate supply-chain traceability and documentation.

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Lula wins Brazil election after cutting Amazon deforestation to record low

By Angela Symons
Euro News
October 26, 2026
Category: Business & Politics
Region: International

©Wiki

Lula’s victory in Brazil’s presidential election brings hope for the Amazon – but far-right gains threaten progress. President Luiz Inácio Lula da Silva’s victory in Brazil’s election has been hailed as a win for democracy and the Amazon. Since his return to office in 2023, deforestation in the Brazilian rainforest has hit a record low, dropping 42 per cent in the last year alone. The left-wing President’s historic fourth-term reelection comes as a relief for environmentalists who feared a return to weakened nature and climate protections under right-wing opponent Flávio Bolsonaro, son of former President Jair Bolsonaro. During his presidency from 2019-2023, environmental policies were dismantled and deforestation surged by around 60 per cent, with more than 45,000 square kilometres cleared. Under Lula, deforestation has fallen 71 per cent below its 2022 level. …Flávio Bolsonaro has said he does not recognise the 2026 election result and will challenge it in court, citing a last-minute Supreme Court ruling that extended voting by two hours. 

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Chilean company CMPC Receives Preliminary Licence for Proposed Pulp Mill in Brazil

Fordaq.com
October 26, 2026
Category: Business & Politics
Region: International

Brazil’s Rio Grande do Sul government has delivered a preliminary environmental licence for CMPC’s planned Natureza pulp complex in Barra do Ribeiro, a proposed R$27 billion investment involving a new eucalyptus pulp mill and associated logistics facilities. …The project is planned for Barra do Ribeiro, in the Porto Alegre metropolitan area, while CMPC’s existing Guaíba facility will remain in operation. The licence assesses environmental viability during planning and sets conditions for later licensing. It does not give CMPC permission to start building or operating the proposed new mill. The next step is an installation licence, subject to the regulator’s further review of engineering plans and environmental controls. …The planned plant has a design capacity of 3 million tonnes per year of bleached eucalyptus kraft pulp.

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Stora Enso concludes negotiations on the permanent closure of Gruvön CLT production line

By Stora Enso Oyj
Cision Newswire
October 22, 2026
Category: Business & Politics
Region: International

Stora Enso has completed negotiations on the permanent closure of its Cross Laminated Timber (CLT) production unit at Gruvön in Sweden. The unit will be permanently closed by the end of 2026. As a result of the decision, approximately 80 positions will be affected. In September 2026, Stora Enso announced plans to permanently discontinue CLT production at Gruvön sawmill. Following the conclusion of negotiations, the company has decided to proceed with the closure. The CLT operations at Gruvön have been challenged by slower than expected market growth in recent years. In addition, increasing wood costs and relatively high fixed production costs have continued to pressure profitability.  “This has been a difficult decision. I want to express my sincere appreciation to the Gruvön CLT and sales teams for their commitment and valuable contributions. We will work closely with other Stora Enso sites to explore new employment opportunities,” says Jonas Lindqvist, Head of Business Unit Skoghall, Stora Enso.  

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Change in Leadership at the European Confederation of Paper Industries

Print Industry News
October 22, 2026
Category: Business & Politics
Region: International

Francesca Stevens

After six years at the helm of Europen, Francesca Stevens is joining the European Confederation of Paper Industries. Her appointment comes at a time when European pulp and paper manufacturers are facing several challenges: energy costs, industrial competitiveness, and changes in European regulations. …Appointed last September by the board of directors of the Brussels-based trade association, Francesca Stevens succeeds Jori Ringman, who has held the position since 2019. The new executive director is familiar with the inner workings of European institutions. Since 2020, Francesca Stevens has served as secretary general of Europen, the European packaging and environment organization. …Francesca Stevens has 25 years of experience representing industry interests before European institutions. Before joining Europen, she held various executive positions at Arconic and Alcoa, two companies in the aluminum industry.

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Century Sunshine to build 1.2 million tonne pulp mill in Shandong, China

By Valmet Obj
PR Newswire
October 21, 2026
Category: Business & Politics
Region: International

CHINA — Century Sunshine is building a new pulp mill in Rizhao, Shandong province, China, with key technology delivered by Valmet. The mill is designed for an annual capacity of 1.2 million tonnes of hardwood or softwood pulp and 400,000 tonnes of softwood pulp. The delivery includes two parallel cooking and fiberlines – one Valmet Continuous Cooking swing line producing bleached softwood or hardwood pulp, and another producing bleached softwood pulp for fluff and dissolving pulp. …The mill will produce fluff, dissolving, softwood and hardwood pulp. The project forms part of Century Sunshine’s three-phase “Paper-for-Plastic” investment program, which targets 2.65 million tonnes of annual new paper production. Startup is expected in June 2028. …Century Sunshine Pulp and Paper is part of the Century Sunshine Paper Group in Weifang, Shandong Province, China. 

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India Trade Deal Offers Significant Market Opportunities For New Zealand Forest Products

New Zealand Forest Owners Association
October 20, 2026
Category: Business & Politics
Region: International

More than 95% of New Zealand’s forestry and wood exports to India can now enter tariff-free, as the New Zealand-India Free Trade Agreement comes into force today. New Zealand Forest Owners Association President Dean Witehira says the agreement is a major opportunity for forest growers, wood processors and exporters to expand into one of the world’s fastest-growing economies. “Wood and wood products are already New Zealand’s largest goods export to India, with New Zealand Trade and Enterprise (NZTE) data showing exports have tripled over the past three years to $193 million. “With tariffs on almost all remaining forestry trade set to disappear over the next seven years, there’s considerable potential to build on this. “We already have a strong trading relationship with India, and removing tariffs on more than 95% of our existing exports puts our sector in a much better position to compete and grow.”

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UPM inaugurates pioneering biorefinery in Germany

UPM.com
October 15, 2026
Category: Business & Politics
Region: International

GERMANY — UPM inaugurated its biorefinery in Leuna, Germany, marking the start of a new industrial platform for renewable chemicals made from wood. The biorefinery converts lignocellulosic biomass, primarily wood from sustainably managed forests and sawmill residues, into biochemicals. With an annual capacity of 220,000 tonnes, it is the largest facility of its kind in the world. The ramp-up has progressed further. Enzymatic hydrolysis and the production of lignin-derived specialty chemicals have reached stable operation, and UPM is ramping up sales of these products. …The biochemicals will be used in everyday products, from clothing and packaging to cosmetics, construction materials and tires. Many of these are still made from fossil-based raw materials. …The biorefinery uses beechwood from thinnings and sawmill residues. Using enzymatic hydrolysis, it breaks the biomass down into industrial sugars and lignin. The facility represents a total investment of €1,370 million.

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