Category Archives: Business & Politics

Business & Politics

Severe weather-related insured losses in Canada exceed $2.4 billion in 2025

Insurance Bureau of Canada
January 21, 2026
Category: Business & Politics
Region: Canada

Insured damage caused by severe weather events exceeded $2.4 billion in 2025, according to Catastrophe Indices and Quantification (CatIQ). This makes 2025 the tenth costliest year on record for severe weather–related insured losses in Canada. Noteworthy severe weather events in 2025 include the late-March ice storm in Ontario and Quebec, May wildfires in Flin Flon, Manitoba, and La Ronge, Saskatchewan… and December floods in British Columbia. …“Severe weather events continue to intensify. Two decades ago, insured losses seldom surpassed $500 million in a year,” said Celyeste Power, CEO, Insurance Bureau of Canada (IBC). …Between 2006 and 2015, Canada’s annual insured losses due to catastrophic weather events and wildfires totaled $14 billion, adjusted for inflation. By contrast, between 2016 and 2025, annual insured losses due to catastrophic weather events and wildfires totaled $37 billion – nearly tripling the previous decade. The average number of claims have nearly doubled over this same time span.

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Council of Forest Industries president Haakstad says regulations, permit delays strangling BC’s forest industry

By Ted Clarke
The Prince George Citizen
January 20, 2026
Category: Business & Politics
Region: Canada

Kim Haakstad

Kim Haakstad… the president and CEO of the BC Council of Forest Industries (COFI) arrived in Prince George, where she’ll be spending the next few days at the BC Natural Resources Forum. …“Given the circumstances we’re in right now, that pulp mill’s running right now, but that’s not the case for our sawmills in the region. We know there’s some working part-time and almost all have reduced shifts.” Since 2022, BC has lost 15,000 direct, indirect and induced jobs in forestry. …On Tuesday, Jan. 20 COFI announced a coalition of forestry workers, community leaders and industry representatives who have organized an online petition asking the BC government for immediate changes to forestry policies that is says are making it difficult for companies to operate and remain competitive in the wake of punitive U.S. tariffs and severely reduced access to economic fibre.

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Nova Scotia denies accusations of undermining Canada in softwood lumber dispute with U.S.

By Brent Jang
The Globe and Mail
January 19, 2026
Category: Business & Politics
Region: Canada, United States

The Nova Scotia government is defending itself after three other provinces levelled accusations that it is being secretive and undermining Canada’s fight against the United States over softwood lumber. Nova Scotia is urging the US Department of Commerce to reject requests from Quebec, Alberta and Ontario for the Atlantic province to provide much greater detail on how it calculates fees charged for harvesting timber. …Nova Scotia asserts that it should not be blamed for its surveys of private timberland owners that could result in higher fees for cutting down trees when compared with other provinces. The US has levied countervailing duties, arguing that other provinces have tree-harvesting fees that are too low when compared with Nova Scotia, which is exempt from US lumber duties. …Lawyers for Quebec, Alberta and Ontario urged the Commerce Department to make inquiries, saying the US should even consider abandoning the private surveys as a benchmark. [to access the full story a Globe & Mail subscription is required]

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Task Force begins work to transform Canada’s forest sector

By Natural Resources Canada
Cision Newswire
January 19, 2026
Category: Business & Politics
Region: Canada

VANCOUVER, BC – The forest sector is a cornerstone of Canada’s economy and identity. For generations, our forests have supported communities and powered local economies. In response to ongoing trade pressures and the need to diversify and ensure long-term competitiveness, the Government of Canada recently announced the launch of a Canadian Forest Sector Transformation Task Force to identify pathways to restructure, retool and transform Canada’s forest sector. Today, members of the Task Force held their first meeting. Over the next 90 days, the Task Force will engage with industry, provinces and territories, Indigenous groups and labour organizations and will gather public comments through a web portal to be launched shortly. The Task Force’s work will focus on strengthening the sector’s long-term competitiveness and sustainability… Members of the Task Force include Co-Chairs Ken Kalesnikoff, Principal and Director of Kalesnikoff Mass Timber, and Frédéric Verreault, Executive Vice-President of Chantiers Chibougamau.

In related coverage: Unifor’s fight for forestry jobs continues at high-level task force

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In Kamloops for a rare visit, top American diplomat in B.C. discusses state of U.S.-Canada relationship

By Michael Reeve
CFJC Today Kamloops
January 16, 2026
Category: Business & Politics
Region: Canada, United States

Shawn Crowley

The relationship between Canada and the US has soured over recent months, with the Trump administration picking fights around the globe with increased tariffs. While CUSMA is set to be renegotiated later this year, Canada and the US still honour the free trade agreement that covers the vast majority of products that traverse the border. …“We fully understand that Canada is looking to diversify its markets. I think right now over 75% of Canada’s exports go to one country, so it’s logical that you would do that,” Consul General Shawn Crowley said. “In the US, we are doing the same thing.” …In BC, there is hope that Ottawa will push Washington on a new softwood lumber deal. …“There was talk of quotas, but they mentioned that a month before the countervailing duties were going to go into effect. That is not enough time. You have to do it a year ahead of time.”

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First Nation-owned wood chip facility closing on north Vancouver Island

By Maryse Zeidler
CBC News
January 22, 2026
Category: Business & Politics
Region: Canada, Canada West

A wood chip facility primarily owned by the ʼNa̱mǥis Nation on north Vancouver Island says it is permanently shutting down as a result of the recent mill closure in Crofton, BC. Atli Resources CEO Jonathan Lok says the Atli Chip LP directly employed nine people, but the closure will affect many more in the small community of Beaver Cove, near Port McNeill. …Lok says a contractor the company hired to bring wood fiber into the facility would be affected as well, along with the 10 to 15 positions it hires. …Lok says the company announced the closure on Jan. 20. He expects the facility to operate until the end of February. Atli Resources is majority owned by the ʼNa̱mǥis Business Development Corporation. Its other two partners include Domtar. Lok says all of the materials from the facility were shipped to the Crofton pulp mill, which Domtar announced in December would permanently close by April.

  • Related coverage in BIV: First Nations-owned Vancouver Island wood chip plant set to close
  • Cowichan Valley Citizen:While Atli Chip and its partners are actively assessing future opportunities for the Beaver Cove site, Jonathan Lok, Atli Resources CEO stated, “This is a necessary pause — not an exit.” Lok added. “We remain focused on responsible transition today and on building resilient, future-oriented opportunities for the North Island tomorrow.”

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BC Natural Resources Forum talks about path forward for forestry sector

By Zachary Barrowcliff
My Cariboo Now
January 22, 2026
Category: Business & Politics
Region: Canada, Canada West

The forestry sector’s challenges and future were a highlight during the final day of the BC Natural Resources Forum in Prince George. One of the more prominent challenges the industry has faced are closures, such as the Canfor Plateau Mill in both Vanderhoof and Fort St John in 2024. Wood Council Chair Jeff Bromley talked about what needs to happen to overcome those challenges. “We have to balance the manufacturing capacity to what the decision is going to be in terms of the amount of harvestable timber that’s going to come out of this province.” “If we don’t figure out this balance, it’s going to be a self-fulfilling prophecy that the industry’s going to go past crisis stage and into fail, if it’s not on the precipice already.” Another issue Bromley noted was the need to attract more young people to the industry who are able to stay long term.

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Forestry leaders warn Eby reforms moving too slowly to save mills

By Rob Shaw
Business in Vancouver
January 21, 2026
Category: Business & Politics
Region: Canada, Canada West

David Eby

Premier David Eby began his address to the Natural Resources Forum in Prince George Tuesday night describing the “hardest challenge and where I think we have the most work ahead”: the province’s beleaguered forestry sector. Eby said he’s still trying to bring about stability to an industry rocked by American softwood lumber tariffs, admitting “there are no quick fixes” to the dozens of mill closures, curtailments and layoffs occurring under his government. …“It always feels too slow for the urgency of the threat. But predictable land access, permit reform, value-added investments and new trading relationships will deliver a better forestry future.” …If he’d gone to the Truck Loggers Association convention, he would have once again been reminded from those working in forestry that it is the NDP government’s own policies on old growth, climate, reconciliation and permitting that have created the crisis the industry faces, with American tariffs just adding to the damage.

Related coverage:

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Some investors considering taking over Crofton mill site

By Robert Barron
Nanaimo Bulletin
January 21, 2026
Category: Business & Politics
Region: Canada West

It appears that some investors have been kicking the tires at the soon to be closed Crofton pulp mill. A statement from the Municipality of North Cowichan said Mayor Rob Douglas and senior staff have recently met with several investors interested in potentially acquiring the Crofton mill site for continued forestry-related operations, or alternative industrial uses. “The municipality is facilitating connections between interested parties, Domtar (the mill’s owner), and the provincial government where appropriate, and remains hopeful that any future use of the site will generate employment opportunities and a stable tax base for the community,” the statement said. …North Cowichan provided no further information on who is interested in taking over the mill site.

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“Accountability matters. Transparency matters. Results matter.”

By Geoff Russ
Resource Works
January 19, 2026
Category: Business & Politics
Region: Canada West

Interim opposition leader Trevor Halford told logging contractors Friday that the province’s forestry downturn is being driven by a system that is “not functioning at the pace this sector requires.” Halford, the interim leader of the B.C. Conservatives spoke at the Truck Loggers Association’s convention in Vancouver. “This crisis is not about forests disappearing. It is not about fibre not existing. It is about permits not moving, decisions not being made, and systems that do not function at the pace this sector requires,” Halford said. Halford opened by citing a Vancouver Sun story that described the B.C. forest industry as “on the edge of collapse,” and quoting TLA executive director Peter Lister, who told the convention he had “never seen it as bad” in more than 35 years in the sector. …Halford said the industry has heard “explanations” from the government, but needs measurable results. “Accountability matters. Transparency matters. Results matter,” he said.

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Forests Minister promotes modular home building to boost industry

By Tommy Osborne
CKPG News
January 20, 2026
Category: Business & Politics
Region: Canada, Canada West

PRINCE GEORGE – The Natural Resources Forum is taking place this week, and B.C. Forests Minister Ravi Parmar is one of several high profile visitors in the city for the event. While he was in the city he took the chance to meet with Prince George Mayor Simon Yu and City Council. …Many topics were discussed, and among the top issues were U.S. President Donald Trump’s tariffs and duties on lumber, as well as home building. …Parmar and Yu both promoted the idea of building modular homes in the city, which could be a significant boost that the forestry industry needs. …“We have one great manufacturer of panel plants here in Prince George, Winton Homes. I think the opportunities are upon us because we as a country, we as a province, we need houses” said Yu. …Parmar: “British Columbia can no longer be a jurisdiction that solely provides dimensional commodity lumber for Americans.

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B.C. hits pause on heritage law rewrite after backlash

By Rob Shaw
Business in Vancouver
January 20, 2026
Category: Business & Politics
Region: Canada West

Facing growing backlash over the unintended consequences of its reconciliation policies, the B.C. NDP government has hit pause on controversial changes to the Heritage Conservation Act…Forests Minister Ravi Parmar announced the move Monday, saying he’d “heard loud and clear” that municipalities, business groups, the real estate sector and …the public needed more time to understand the changes. “It was very clear to me that I was not in a position to bring forward amendments this spring,” he said. …It’s the opposite approach to where the NDP started on the file just four months ago, charging forward with the changes so aggressively that their passage—following secret negotiations with First Nations and non-disclosure agreements slapped on everyone else—seemed like a fait accompli. …The NDP say they are in listening mode now, on the Heritage Conservation Act. The question is whether the government truly understands that changes built without public trust are simply no longer viable.

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Premier Eby says new markets, reforms will help forestry, but results will take time

By Wolfgang Depner
The Canadian Press
January 20, 2026
Category: Business & Politics
Region: Canada West

VICTORIA – Premier David Eby says a recent agreement advancing wood construction in China will deliver results for the forestry industry in British Columbia, but also acknowledges that it will take “time, energy and commitment” to create a sustainable industry. A five-year-agreement between British Columbia’s Forests Ministry and the Chinese government boosts the research, development and promotion of modern wood construction in China, and Eby says it [will help by] diversifying markets. Eby spoke at the BC Natural Resources Forum in Prince George, B.C., saying …punitive tariffs from the U.S. have had devastating effects on the foundational industry of forestry, including mill closures leading to job losses, and communities losing revenue. …Eby says the work around forestry is “challenging” and “it always feels too slow for the urgency of the threat,” but promises that “predictable land access, permit reform, value added investments and new trading relationships” will deliver a better future for forestry.   

Additional coverage in the Prince George Citizen, by Matthew Hillier: Eby sees more international trade as a way forward for BC forestry

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Mill closure blows hole in Houston municipal budget

By Rod Link
The Northern View
January 19, 2026
Category: Business & Politics
Region: Canada, Canada West

HOUSTON, BC — The District of Houston faces a $1.2 million municipal budget shortfall thanks to the closure of Canfor’s sawmill here because the mill property is no longer considered an active enterprise making it possible to collect taxes based on its previous industrial assessment. And that could mean the District will dip into a budget stabilization reserve of $1.65 million set up in January 2023 for just such a situation. “A core priority of council is to minimize the financial impacts this assessment change has on residents while maintaining service levels for utilities, public safety and infrastructure maintenance,” the District said. The $1.2 million revenue gap represents approximately 20% of the District’s annual taxation income. The release indicated District staffers are looking at various options to deal with the revenue shortfall. 

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Mayor pleads for federal extension of EI program for displaced Crofton mill workers

By Robert Barron
Victoria News
January 16, 2026
Category: Business & Politics
Region: Canada West

North Cowichan’s mayor wants the federal government to extend its temporary Employment Insurance program to include workers at the Crofton pulp mill who will be working until mid-April. In letters to Minister of Jobs and Families Patty Hajdu and Jeff Kibble, MP for Cowichan-Malahat-Langford, Rob Douglas said the temporary EI measures that Ottawa introduced last summer in response to major economic conditions across the country, including mill closures, are set to expire on April 11. That’s just three days before approximately 60 workers, who are being maintained at the Crofton mill for operational considerations beyond its closure in early February, will receive their layoff notices on April 14. …Douglas said that, on behalf of the community, he is requesting that the federal government extend the temporary EI measures or implement an exemption mechanism to ensure that all Crofton mill workers affected by the closure are treated equitably.

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Skeena Sawmills forest licence transfer quashed

By Bob Mackin
Prince George Citizen
January 16, 2026
Category: Business & Politics
Region: Canada, Canada West

A BC Supreme Court judge has set aside the Minister of Forests’ approval of the Skeena Sawmills forest licence transfer to a numbered company owned by the Kitsumkalum First Nation. …In a Jan. 7 decision, Justice Matthew Kirchner agreed with the nine hereditary chiefs that the province failed in its legal duty to consult and accommodate Gitanyow when it approved the licence transfer to 1355387 BC Ltd. …The matter will be returned to the minister to reconsider after proper consultation, Kirchner said, “assuming Kitsumkalum still wishes to pursue the approval of the licence transfer.” Skeena Sawmills was offered for sale by a court-appointed receiver after the company’s 2023 bankruptcy. …Kirchner found it unnecessary to consider the United Nations Declaration on the Rights of Indigenous Peoples and the Declaration on the Rights of Indigenous Peoples Act (DRIPA) in this case, because neither materially impacted the depth of consultation required.

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B.C. aerial firefighting company sues U.S. rival over alleged ‘deceitful’ South Korean deal

By Stefan Labbé
Vancouver in Business
January 16, 2026
Category: Business & Politics
Region: Canada, Canada West

A Port Alberni company is suing a U.S. rival, alleging it engaged in a scheme to exclude it from an international contract to supply aerial firefighting equipment to South Korea. …Under the terms of the South Korean agreement, the vendor who won the first contract would be given preference for the remaining six helicopter deals, according to a notice of civil claim filed late last week in B.C. Supreme Court. Coulson, Erickson Inc. and Oregon-based Columbia Helicopters Inc. were among those qualified to bid on the contract. …The suit says Columbia agreed to use Coulson’s proprietary large-capacity, high-flow firefighting tank in any helicopters bought by the Korean Fire Service. In exchange, Coulson would stand down its bid for the helicopter contracts, effectively clearing a path for its rival. …In court documents, Coulson claimed its U.S. rival breached their contract by installing a competitor’s water tank in the first helicopter.

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North Island forestry workers reach tentative deal

By Darron Kloster
Victoria Times Colonist
January 17, 2026
Category: Business & Politics
Region: Canada, Canada West

VANCOUVER ISLAND — About 100 unionized forestry workers on the north Island who’ve been on strike since June have reached a tentative agreement with La-kwa sa muqw Forestry Limited Partnership. The United Steelworkers Local 1-1937 and the LKSM Partnership announced in a joint statement that the agreement is subject to a ratification vote by the union, and no details are being released. “The USW bargaining committee has advised that they will be recommending that its members accept this agreement,” said the joint statement. The deal was reached with the assistance of the BC Labour Relations Board. …LKSM LP is the former Western Forest Products mid-Island forest operation, which remains majority-owned by Western Forest Products. The LKSM partnership is made up of the Tlowitsis, We Wai Kai, Wei Wai Kum and K’ómoks First Nations, all members of the Nanwakolas Council. …The operations cover about 157,000 hectares near Campbell River and Sayward.

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B.C. forest industry ‘on the edge of collapse’ calls for immediate policy changes

By Derrick Penner
Vancouver Sun
January 15, 2026
Category: Business & Politics
Region: Canada West

Logging contractor Ron MacFarlane feels fortunate to have work for his eight-person crew, cutting mostly second-growth Douglas fir on a cut block …on B.C.’s Sunshine Coast, while business in his industry is otherwise “flatlined.” “We’re busy until March, and then we’ll see from there,” MacFarlane said at the Truck Loggers Association annual convention.  …Difficulties in getting the province to speed up permits to cut more of that timber has put the industry “in a state of crisis,” said Peter Lister, executive director of the Truck Loggers Association. “I’ve never seen it as bad. …it is really on the edge of collapse.” …For forest-management executive John Mohammed, however, Parmar is still missing a connection to short-term actions the industry desperately needs to free up some of the cutting permits companies have sitting on the shelf because they are uneconomic. …Mohammed said Parmar could take the risk of lowering [coastal] stumpage rates … to help economics.

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B.C. and feds sign lumber understanding with China, as province looks beyond U.S.

By Chuck Chiang
Canadian Press in Business in Vancouver
January 15, 2026
Category: Business & Politics
Region: Canada, Canada West

British Columbia’s Forests Ministry has entered into a memorandum of understanding with China on modern wood construction, a development that the province hopes will bolster the provincial lumber sector as it seeks alternatives to the U.S. market. The five-year, non-binding agreement with the Chinese government also involves the Canadian federal Department of Natural Resources and is among the first reached with Beijing after the arrival of Prime Minister Mark Carney in China this week. On the other side is China’s housing and development ministry, with the memo agreeing on co-operation on the integration of modern wood construction into China’s urban renewal and rural revitalization strategies and exploring “practical approaches” for green developments. University of British Columbia political ecologist and China scholar Juliet Lu said the MOU is “relatively low-hanging fruit” in Carney’s attempt to rebuild trade momentum with Beijing…

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Thunder Bay Pulp and Paper to halt newsprint production, cutting 150 jobs

Northern Ontario Business
January 22, 2026
Category: Business & Politics
Region: Canada, Canada East

THUNDER BAY, Ontario — Thunder Bay Pulp and Paper is ceasing production of newsprint due to a decline in demand over several years. In a Jan. 22 news release, the forest products manufacturer announced it will be filing notices with the provincial labour ministry… 150 jobs will be impacted by the closure. Thunder Bay Pulp said the impacts of declining market demand were compounded by significant increases in input costs.” The operation will continue to operate as a single-line softwood kraft mill while generating renewable energy for sale to the Ontario grid. “North American newsprint demand has declined by 40% since 2022,” said company CEO Norm Bush. …The mill has been a landmark on the city’s skyline for more than a century, and is considered a leading softwood and hardwood kraft pulp, paper, newsprint and directory producer. Connecticut-based Atlas Holdings acquired the plant from Resolute Forest Products in 2023.

In related coverage:

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Kirkland Lake Forest Products gets $1 million in funding

The Kirkland Lake Northern News
January 21, 2026
Category: Business & Politics
Region: Canada East

ONTARIO — The provincial government is investing $1 million to help Kirkland Lake Forest Products grow its business. The funds are being made available through the Northern Ontario Heritage Fund Corporation (NOHFC) to help the company install advanced manufacturing equipment at its Kenogami mill. As part of the government’s plan to protect Ontario and strengthen the province’s forestry sector, this investment will help Kirkland Lake Forest Products improve operations and boost competitiveness in the global market, according to a press release issued Jan. 21. “At a time when U.S. tariffs are putting a strain on northern industries, our government is using the NOHFC to make strategic investments that support our forestry sector,” said Northern Economic Development and Growth Minister George Pirie. …Kirkland Lake Forest Products is a softwood lumber finger-joint mill that produces a range of high-quality products.

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Thunder Bay Pulp and Paper Announces Increased Focus on Softwood Kraft Pulp Operations in 2026 and Beyond

By Thunder Bay Pulp & Paper
Cision Newswire
January 22, 2026
Category: Business & Politics
Region: Canada East

THUNDER BAY, ON – Citing a uniquely large decline in demand for newsprint over the past several years, Thunder Bay Pulp and Paper announced today that it will file notices with the Ontario Ministry of Labour to cease newsprint operations in Thunder Bay in Q1 2026. This decision was made only after significant efforts to reposition the company within the evolving and rapidly declining newsprint market were fully explored. The impacts of declining market demand were further compounded by significant increases in input costs. Up to 150 people will be directly impacted by the closure. The company is working closely with the local unions and all levels of government to ensure affected employees have access to employment transition supports, retraining programs, and other necessary resources. …Thunder Bay Pulp and Paper will continue to operate as a single-line Softwood Kraft mill and generate renewable energy for sale to the grid…

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I was shocked, I was upset,’ Ignace mayor says of mill shutdown

By Matt Prokopchuk
North West Ontario News Watch
January 20, 2026
Category: Business & Politics
Region: Canada East

Kim Baigrie

IGNACE — The phone call came as a surprise to Ignace Mayor Kim Baigrie. On the other end of the line, she said, was an official from Domtar telling her the news that the company’s sawmill in Ignace will be shutting down indefinitely. “I was shocked, I was upset,” she told Newswatch. “I didn’t want to hear that for our community, but I told them I understand the tariffs and the softwood prices, and I realize you can’t operate when you’re losing.” “I understand where they’re coming from, but we want to support our community and the workers.” Domtar confirmed the facility will shut down on March 12, citing “weak” demand for lumber in North America. …Baigrie said the township has a delegation at the Rural Ontario Municipal Association conference in Toronto and is meeting with ministers and government stakeholders, with support for the township and workers key on its agenda.

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GreenFirst Secures $30 Million Term Loan Under Federal Softwood Lumber Program

GreenFirst Forest Products Inc.
January 21, 2026
Category: Business & Politics
Region: Canada, Canada East

NORTH BAY, Ontario — GreenFirst Forest Products announced that it has entered into a $30 million term loan under the Softwood Lumber Program announced by the Government of Canada. The financing was arranged with the Company’s banking partner, BMO, and is intended to support liquidity and ongoing operations amid continued market volatility in the North American lumber sector. The term loan enhances GreenFirst’s financial flexibility and provides additional runway as the Company continues to navigate challenging lumber market conditions while executing on its operational and strategic priorities. “This financing under the federal Softwood Lumber Program strengthens our balance sheet and provides important liquidity during a difficult period for the industry,” said Joël Fournier, GreenFirst’s CEO. …The Softwood Lumber Program was introduced to support eligible Canadian softwood lumber producers facing adverse market conditions.

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Irving says Sussex chip plant jobs moving to Saint John

By Andrew Bates
The Telegraph-Journal
January 20, 2026
Category: Business & Politics
Region: Canada, Canada East

SAINT JOHN, New Brunswick — Employees working at the chip plant at J.D. Irving, Ltd.’s sawmill outside of Sussex were notified last week that the company is moving those jobs to Saint John. The company informed workers at the chip plant in its Four Corners facility last week that their positions would be “centralized” to the new South Bay Chip Plant in Saint John when it opens this spring, according to vice president, communications Anne McInerney. She described the move as a “small organizational change” that affects 20 unionized workers, plus another five currently vacant positions. …JDI first announced plans to convert the Bald Mountain Rock Quarry site in West Saint John to a wood chip facility in May 2024 alongside Irving Pulp & Paper, Ltd.’s $1.1 billion plan to overhaul the Saint John pulp mill. 

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New Brunswick wood marketing board points to forest industry frustrations

By Laura Brown
CTV News
January 16, 2026
Category: Business & Politics
Region: Canada, Canada East

A letter from the Carleton-Victoria Forest Products Marketing Board to New Brunswick’s natural resources minister points to frustration building within the province’s forestry industry. The board’s general manager Kim Jensen, says some prices are the lowest they’ve seen in a decade. Jensen writes that US tariffs have been hard on the entire sector, including mills, but there’s been little support for private producers. “I have already heard from landowners who have changed their mind about having their woodlots cut,” she states. “Is the government’s long-term plan for the private forestry sector to just disappear? Because that is what is happening. Under your watch.” …Natural Resources Minister John Herron acknowledged that prices have declined since October. …But Herron didn’t mention any possible provincial support.” …J.D. Irving said 97% of the company’s lumber is under contract and not impacted by the price changes cited in the letter.

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Multiple energy challenges are major test for Holt Liberals

By Jacques Poitras
CBC News
January 16, 2026
Category: Business & Politics
Region: Canada, Canada East

Susan Holt

NEW BRUNSWICK — It’s no cabinet crisis, but major energy issues are turning into a revealing stress test for Premier Susan Holt’s government. …On the energy front, Premier Susan Holt must contend with differing opinions among ministers. …Natural Resources Minister John Herron is openly pushing for changes to the Electricity Act to let J.D. Irving Ltd. exit the N.B. Power grid and cheaply generate its own renewable power, bypassing the utility’s industrial power rates. He says the change would protect forestry jobs, a sector he regulates. But Herron strays into Legacy’s turf when he points out the change may also avert the need for more gas plants. …The utility says letting large industrial customers exit its grid could put “upward pressure” on other ratepayers, who would be left to cover a greater share of the utility’s fixed costs. That could be be politically costly.

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Commerce Department Issues Affirmative Preliminary Countervailing Duty Determinations on Hardwood and Decorative Plywood from China, Indonesia, and Vietnam

Wiley.law
January 21, 2026
Category: Business & Politics
Region: United States

Washington, DC – On January 16, 2026, the U.S. Department of Commerce released its preliminary affirmative countervailing duty findings on hardwood and decorative plywood, identifying significant subsidies provided by the governments of China, Indonesia, and Vietnam. Commerce calculated preliminary countervailing duty rates of 81.34% on imports from China, 2.40% to 128.66% on imports from Indonesia, and 4.37% to 26.75% on imports from Vietnam. The Coalition for Fair Trade in Hardwood Plywood… commends Commerce for its decision to impose these preliminary duties to remedy the unfair trade practices of China, Indonesia, and Vietnam. “The domestic hardwood and decorative plywood industry has been harmed for decades by unfairly traded imports from China, Indonesia, and Vietnam,” said Timothy C. Brightbill, lead counsel to the Coalition and co-chair of Wiley’s International Trade Practice. …Commerce’s countervailing duty investigations will continue over the coming months, with the agency further investigating subsidies—including newly alleged subsidy programs—received by the Chinese, Indonesian, and Vietnamese industries.

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Trump pick for top forest post arrives after long delay

By Marc Heller
E&E News by Politico
January 21, 2026
Category: Business & Politics
Region: United States

Michael Boren

Michael Boren, the Idaho multimillionaire rancher President Trump picked to oversee the Forest Service a year ago, stepped into that role Tuesday after a long temporary assignment at the Interior Department. Sworn in by Agriculture Secretary Brooke Rollins, Boren is now undersecretary of Agriculture for natural resources and environment, a position that looks solely over national forests. Boren’s arrival at USDA was delayed repeatedly — first, by the wait to be confirmed by the Senate and then due to a stint at Interior as acting assistant secretary, a job now held by Troy Finnegan. His shuffle between the agencies in some ways reflects the administration’s direction on forest policy, which seeks to merge much of what the two agencies do. The administration is seeking to move wildfire management from the Forest Service to the Interior Department, and Mike Lee (R-Utah) has proposed moving the entire forest agency to Interior. [to access the full story an E&E News subscription is required]

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Taiwan to invest more in US chip manufacturing in new trade deal

By Julia Shapero
The Hill
January 16, 2026
Category: Business & Politics
Region: United States, International

Taiwan has reached a trade agreement with the US, committing to a multibillion-dollar investment in American chip manufacturing in exchange for reduced tariffs, the Commerce Department announced Thursday. As part of the trade deal, Taiwanese companies will invest at least $250 billion in building out advanced semiconductor, energy and AI capacity in the US. …In return, the U.S. will cap its “reciprocal” tariff on Taiwanese goods, including auto parts, lumber, timber and wood products, to 15%. Import taxes on generic drugs, aircraft parts and certain unavailable natural resources will also be reduced to zero percent. Commerce Secretary Howard Lutnick said Thursday the goal is for the US to “become self-sufficient in the capacity of building semiconductors.” Taiwanese companies investing in US chip production will also be exempted from some future Section 232 tariffs.

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US says it reached deal with Taiwan to lower tariffs and boost investments

By Agence France-Presse
The Guardian
January 15, 2026
Category: Business & Politics
Region: United States

The US said on Thursday that it had signed a deal with Taiwan to reduce tariffs on goods from the democratic island, while increasing Taiwanese semiconductor and tech companies’ investments in America. The agreement, the US commerce department said, “will drive a massive reshoring of America’s semiconductor sector”. Under the deal, Washington will lower tariffs on Taiwanese goods to 15% , down from a 20% “reciprocal” rate meant to address US trade deficits and practices it deems unfair. Sector-specific tariffs on Taiwanese auto parts, timber, lumber and wood products will also be capped at 15%, the US commerce department said. …Taiwan is a powerhouse in the manufacturing of semiconductor chips, which are the lifeblood of the global economy, as well as other electronics.

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Lumber and Building Material Dealers release 2026 national policy agenda

By National Lumber and Building Material Dealers Association
LBM Journal
January 15, 2026
Category: Business & Politics
Region: United States

The National Lumber & Building Material Dealers Association (NLBMDA) released its 2026 National Policy Agenda (NPA), a comprehensive advocacy platform that outlines key priorities for the lumber and building material (LBM) industry in the coming year. …With Congress expected to take up housing legislation in 2026, NLBMDA’s NPA outlines a series of targeted recommendations designed to strengthen the residential construction market and improve housing affordability nationwide. …[Principles noted include]:

  • NLBMDA supports reaching an agreement on the longstanding US-Canadian softwood lumber dispute that brings stability and predictability to the pricing and availability of softwood lumber without the imposition of duties. Additionally, we strongly urge the United States Trade Representative and the Secretary of Commerce to consult with all stakeholders, including retailers and consumers of lumber products, in future discussions regarding any terms of trade in softwood lumber between the US and Canada.
  • NLBMDA supports a tariff exemption for cedar shakes and shingles manufactured in Canada and imported to the US

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Green Building Initiative Elects Sumayyah Theron as Chair of its Board of Directors

The Green Building Initiative
January 14, 2026
Category: Business & Politics
Region: United States

The Green Building Initiative (GBI) is pleased to announce its 2026 Board of Directors, including newly elected officers and directors approved by GBI membership, effective December 1, 2025. The Board will guide the organization’s strategic direction as it continues its mission to improve the built environment’s impact on climate and society. Sumayyah Theron, CEO and Founder of Avant‑garde Sustainable Solutions, will serve as Chair of the GBI Board of Directors for 2026. New and returning officers, along with directors serving multi‑year terms, were also elected. …“As Board Chair, we will benefit from her extensive knowledge of the global application of building performance standards, which is instrumental as GBI continues to expand its impact across sectors and international markets,” said Vicki Worden, CEO of GBI. Theron’s industry expertise includes years of volunteering and leadership through ASHRAE, Board-level service with the Illinois Green Alliance, and two years chairing GBI’s ANSI/GBI 01 standard – Green Globes for New Construction Energy Subcommittee.

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Boise Cascade announces executive leadership promotions

Boise Cascade Company
January 20, 2026
Category: Business & Politics
Region: United States, US West

Dennis Fringuelli

Jeff Dracup

BOISE, IDAHO – Boise Cascade announced two executive leadership promotions. Dennis Fringuelli was named Vice President of Sales and Marketing for the Company’s Building Materials Distribution (BMD) division. Jeff Dracup was named Vice President of Sales and Marketing for Engineered Wood Products (EWP). Both promotions are effective January 19, 2026. Dennis joined Boise Cascade in 1999 as national account manager when the Company acquired his previous employer, Furman Lumber. …Before this promotion, Dennis was the director of BMD sales and marketing. …Jeff joined Boise Cascade in 2004. His began his career in sales and product management roles at the Company’s BMD facility in Phoenix, Arizona. …Before this promotion, Jeff was the director of EWP sales and marketing. Jeff earned a bachelor’s degree in psychology with a minor in business administration from the University of Arizona.

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Southern Forest Pine Association releases 2025 Value Report

Southern Forest Products Association
January 22, 2026
Category: Business & Politics
Region: US East

The Southern Forest Products Association (SFPA) released its 2025 SFPA Value Report, underscoring a fundamental truth about the Southern Pine lumber industry: its strength is rooted in collaboration and the power of partnership. More than a retrospective, the 2025 Value Report captures the collective impact of SFPA’s diverse and engaged membership working toward a shared goal of advancing the Southern Pine lumber industry. From sawmills producing high-quality Southern Pine lumber, to exporters expanding access to global markets, machinery and equipment manufacturers driving operational efficiency, and service providers supporting every link in the value chain, SFPA members continue to move the industry forward together. “The strength of the Southern Pine lumber industry continues to come from the collaboration and leadership of our members,” said Eric Gee, SFPA’s executive director. 

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Hinton Lumber Products Expands National Pallet Supply Network

By Hinton Lumber Products
Cision Newswire
January 20, 2026
Category: Business & Politics
Region: United States, US East

SUMMERVILLE, South Carolina — Hinton Lumber Products, a national supplier and producer of block pallets, has officially opened a new greenfield pallet manufacturing facility in Summerville, South Carolina, part of the greater Charleston region. Pallet production at the facility is slated to begin in spring 2025. …”This facility is an important milestone in our growth strategy,” said Larry Howell, President of Hinton Lumber Products. …Charleston was chosen because it has direct access to important interstates. It also has one of the best ports on the East Coast, the Port of Charleston. The facility is optimized for high-throughput pallet production, including ISPM 15-compliant wood pallets and EU-spec designs required for international shipping.

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Georgia’s forest industry poised for innovation and growth

Georgia Forestry Commission
January 20, 2026
Category: Business & Politics
Region: US East

State legislators are taking a hard look at Georgia’s forest industry challenges. A new report details the impacts of recent mill closures to the state’s economy and to affected Georgians. Georgia Tech estimates those closures will strike a $2.9 billion loss to the state, with nearly seven thousand jobs eliminated. At Governor Brian Kemp’s direction, Georgia Forestry Commission Director Johnny Sabo led a special task force that examined current issues and possible solutions. …The task force report lists recommendations and budget priorities to be considered by legislators in the 2026 Georgia General Assembly. Recommended budget priorities are: Design and construction of a Mass Timber State Office to attract a mass timber manufacturing facility to Georgia. ($2.6 million.); Expand Georgia Grown Wood Products marketing. ($660,000); and Support timber industry’s expansion into emerging markets. Provide funding for Georgia Forestry Innovation Initiative with Georgia Tech. ($10.9 million).

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Struggling Georgia timber industry could receive big tax break

By Mark Niesse
The Tifton Gazette
January 20, 2026
Category: Business & Politics
Region: US East

ATLANTA — A proposed amendment to the Georgia Constitution would end sales taxes on timber, a major industry battered by mill closings and storms. House Majority Leader Chuck Efstration said a bipartisan group of legislators want to help protect “a cornerstone of the state’s rural economy.” “The timber tax cut is necessary because Georgia timber farmers are facing severe economic hardship following the closure of multiple sawmills in Georgia and significant losses in the aftermath of Hurricane Helene,” said Efstration, R-Mulberry, the sponsor of House Resolution 1000. “Georgia is a national leader in forestry, and I want to help this state’s rural economy and the livelihood of many Georgians.” Georgia’s forestry industry was the largest in the nation in 2021 based on harvest volume and product export values of nearly $4 billion, according to a report by the Georgia Forestry Association. But timber producers have suffered in recent years. 

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Jussi Noponen has been appointed Executive Vice President, Metsä Wood

Metsä Group
January 15, 2026
Category: Business & Politics
Region: International

Jussi Noponen has been appointed Executive Vice President of Metsä Wood, part of Metsä Group, and a member of Metsä Group’s Executive Management Team as of 1 March 2026. He will report to Jussi Vanhanen, President and CEO, Metsä Group. Noponen has held various roles at Metsä Group since 2000 and has been a member of the Corporate Leadership Team of Metsä Board since 2016. At Metsä Board, he has served as CFO, SVP, Sales and Supply Chain as well as SVP, Production and Supply Chain. Juha Pilli-Sihvola, who has served as interim EVP, Metsä Wood, will return to his role as CFO, Metsä Wood as of 1 March 2026.

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