Category Archives: Business & Politics

Business & Politics

Canada to reroute lumber exports as Trump’s tariffs bite

By Ilya Gridneff
The Financial Times
November 13, 2025
Category: Business & Politics
Region: Canada, United States

Canada’s forestry industry plans to divert a significant share of its wood exports from the US to new international markets. …The aim to send some 1bn board feet to alternative markets underscores how Trump’s tariffs are starting to reshape some global supply chains, although tensions between the US and Canada over wood exports have simmered for more than half a century. …“The US simply needs to fact-check better before they end up with a large shortage of lumber that may cause further housing shortages,” said Rick Doman, chair of FII BC. …Zoltan van Heyningen for the US Lumber Coalition said the American timber industry could replace 1bn board feet of Canadian imports “without batting an eyelid”. …The NAHB says at just 64% of capacity it “will take years” for US domestic lumber production to expand to meet industry demands. …Mike McDonald, a UK-based consultant, acknowledged it would take time to establish confidence among European consumers. [to access the full story a FT subscription is required]

Read More

Dean Assinewe Appointed as President of the Canadian Institute of Forestry Board of Directors

The Canadian Institute of Forestry
November 13, 2025
Category: Business & Politics
Region: Canada

Dean Assinewe

Mattawa, ON – The Canadian Institute of Forestry (CIF-IFC) is pleased to announce the appointment of Dean Assinewe as the President of its Board of Directors. A long- time Registered Professional Forester and advisor, consultant, instructor and mentor in the forestry sector, Mr. Assinewe is a proud Ojibwe of the Sagamok Anishnawbek and the Robinson Huron Territory. …Mr. Assinewe is serving his third year on the CIF-IFC’s Board of Directors and is a member of the Institute’s Algonquin section. “If you work in Canada’s forest industry you would recognize that the CIF-IFC is widely respected for its role as being the longest standing voice for forest practitioners from coast to coast,” states Mr. Assinewe. “Whether it’s The Forestry Chronicle, knowledge exchange programs, forest advocacy, e-lectures, silver ring ceremonies and my personal favourite, annual conferences, the CIF-IFC has so much to offer forestry professionals at any stage of their career…”

Read More

Trump’s trade war is pushing Canada closer to China

By Lex Harvey
CNN News
November 12, 2025
Category: Business & Politics
Region: Canada, International

HONG KONG —  It is an image that just a year ago would have seemed unfathomable: the Canadian and Chinese leaders standing side by side. …The tide began turning early last month… Prime Minister Carney and leader Xi Jinping met on the sidelines of the Asia-Pacific Economic Co-operation summit in South Korea – the first time leaders of the two countries had met in eight years. …That has since been followed by another ministerial visit to China. China also reinstated Canada to its approved travel list for tour groups. …But as leaders in Ottawa and Beijing signal it may be time to start doing business again, some experts warn China could be attempting to exploit Canada at a vulnerable moment. …Meanwhile, the US has increasingly ramped up its economic war on its northern neighbor. …Beijing has said it will drop the canola tariffs if Ottawa does the same for Chinese electric vehicles.

Read More

Minister Hodgson and Secretary of State Fuhr highlight budget investments in Canada’s forest sector

By Government of Canada, Natural Resources Canada
Cision Newswire
November 10, 2025
Category: Business & Politics
Region: Canada

CASTLEGAR, BC – …The rules-based international order and the trading system that powered Canada’s prosperity for decades are being reshaped — hurting companies, displacing workers and causing major disruption and upheaval for Canadians. Today, the Minister of Energy and Natural Resources, and the Secretary of State… [met to] highlight Budget 2025’s Buy Canadian Strategy and investments in Canada’s forest sector. The Government of Canada is helping the forest sector and softwood lumber industry transform to remain competitive …while keeping pace with increased need for housing and major infrastructure construction. These include: Up to $700 million over two years on a cash basis, available now, in loan guarantees … to help ensure companies [can] maintain and restructure their operations during this period of transformation; $500 million over three years on a cash basis, starting in 2026–27, to renew and expand existing Natural Resources Canada’s forest sector programs…; and Prioritizing the adoption of Canadian materials — including mass timber and softwood lumber…

Related Coverage:

Read More

How the feds plan to support the forestry sector

By Sarah Plowman
CTV News
November 9, 2025
Category: Business & Politics
Region: Canada

Sarah Plowman with a look at the support the federal budget is offering the forests sector after being hit hard by US tariffs. Includes an interview with Derek Nighbor, President and CEO of the Forest Products Association of Canada.

Read More

Standing Committee on Natural Resources: Forest Owners Demand Full Recognition

By Sandra Bishop
Canadian Forest Owners
November 6, 2025
Category: Business & Politics
Region: Canada

OTTAWA, ON – Canadian Forest Owners (CFO) appeared before the House of Commons Standing Committee on Natural Resources today as part of its study on the forest industry, which is being severely affected by the ongoing softwood lumber dispute. Andrew de Vries, Chief Executive Officer of CFO, and Vincent Miville, Vice-Chair of CFO and Executive Director of the Quebec Federation of Forest Producers, presented recommendations aimed at better recognizing the strategic role of forest owners and the importance of private forests in Canada. CFO represents 480,000 forest owners who collectively own about 10% of Canada’s forested land, but account for 20% of the country’s timber production. These owners supply wood to the forest industry, contribute to regional economies, and provide essential environmental services to rural communities. “The lack of understanding of private forests is a blind spot in Canada’s forest and trade policy, and as a result, support programs for the sector often overlook their essential contribution,” said de Vries.

Read More

The axe falls on 100 Mile House mill: West Fraser to shutter facilities on both sides of the border

By J.J. Adams
Vancouver Sun
November 6, 2025
Category: Business & Politics
Region: Canada, United States

The softwood timber tariffs levied by the U.S. have begun to hit the lumber industry hard. Citing a drooping softwood lumber demand, compounded by higher duties and additional tariffs that have reached 45 per cent for U.S. markets, West Fraser Timber announced Thursday its plans to permanently shutter both its Augusta, Ga., and 100 Mile House lumber mills by the end of 2025. Approximately 165 employees at the 100 Mile House mill will be laid off, as the company says it can’t secure an adequate volume of economically viable timber. The closing of the mill drops West Fraser’s capacity by 160 million board feet. …The closure of the Augusta lumber mill is a result of challenging lumber demand, and the loss of economically viable residual outlets, which combined has compromised the mill’s long-term viability. Around 130 employees will be laid off there, and further reduce West Fraser’s capacity by 140 million board feet.

Read More

US housing demand and production constraints ensure a strong import role for lumber

By Glen O’Kelly and Håkan Ekström
The American Journal of Transportation
November 5, 2025
Category: Business & Politics
Region: Canada, United States

Håkan Ekström

Glen O’Kelly

The US has never produced enough softwood lumber to satisfy its own demand. …The US represents roughly 27% of global softwood lumber demand, but only 20% of global supply — a structural gap that requires large-scale imports. Canada remains the dominant source, supplying about 80% of US imports over the last decade and projected to supply more than 22% in 2025, according to a new report. Despite recurring political claims that the US can become self-sufficient in lumber production, the report concludes that the scale of change required makes that unrealistic. To replace the ~25 million m. of imports currently entering the market each year, the country would need to build around 75 new, modern sawmills. That would require capital investment exceeding 12x the total US sawmill investment over the past fifteen years — and would take more than a decade under ideal conditions. …Proposals to increase logging on federal lands are also unlikely to meaningfully reduce import dependence. 

Read More

Budget 2025 makes progress – but workers need stronger action

United Steelworkers
November 5, 2025
Category: Business & Politics
Region: Canada

TORONTO – United Steelworkers union (USW) National Director Marty Warren issued the following statement on the federal Budget 2025: This budget recognizes something workers have been saying for years. Canada needs to build more at home and expand its industrial capacity. The commitments on Buy-Canadian procurement, industrial strategy and trade enforcement are important steps forward and reflect priorities Steelworkers have been advocating for across the country. There are meaningful investments in steel, forestry, critical minerals and manufacturing – sectors that support thousands of good union jobs and anchor regional economies and communities. We welcome tools that can help stabilize supply chains and strengthen domestic production. …Buy-Canadian rules must be enforced, industrial dollars must translate into real jobs and production on the ground, and forestry and industrial communities need long-term certainty, not temporary relief. We see steps in the right direction. Now it’s about follow-through.

Read More

Budget 2025: Measures to transform Canada’s softwood lumber industry

Natural Resources Canada
November 5, 2025
Category: Business & Politics
Region: Canada

On August 5, 2025, Prime Minister Mark Carney announced a $1.25 billion aid package to support the softwood lumber sector as it faces increasingly challenging operational constraints. This package is also intended to retool and pivot to new markets. It includes:

  • $700 million in loan guarantees to help companies confront immediate pressures facing the softwood lumber sector, which will give the sector needed liquidity to maintain and restructure, if necessary, their operations. This will be delivered through the Business Development Bank of Canada (BDC).
  • $500 million to supercharge product and market diversification and make the industry more competitive globally, delivered through Natural Resources Canada’s suite of forest industry transformation programs starting in the 2026–2027 fiscal year. These programs include the Forest Innovation Program, Investments in Forest Industry Transformation, Green Construction Through Wood, the Indigenous Forestry Initiative, the Global Forest Leadership Program and its precursor Expanding Market Opportunities program, and the Forest Systems Information and Technology Enhancement program.
  • $50 million over three years, led by Employment and Social Development Canada, to help reskill and support more than 6,000 affected forest workers through Labour Market Development Agreements. 

Read More

Trade Concerns Still Dominate

Forest Products Association of Canada
November 4, 2025
Category: Business & Politics
Region: Canada

Forest Products Association of Canada put forward 19 practical recommendations for Budget 2025 focusing on three areas where immediate federal action can make a tangible difference: Smarter regulation to improve competitiveness; Clear signals to improve investment confidence; and Stronger trade and market access measures to protect Canadian jobs. …Hundreds of rural and northern communities depend on a strong forest sector. The Government of Canada’s $1.25 billion softwood package is welcome support for the immediate term, but finding a path to a more certain trading arrangement with the United States remains the Canadian forest sector’s top priority. …The inclusion of Investment Tax Credits (ITCs) for biomass projects in Budget 2025 is a welcome, long-overdue step for Canada’s forest sector. …With the right tax measures in place, these projects can modernize mill operations, sustain and grow jobs in rural and northern communities, and strengthen Canada’s position as a secure producer of renewable energy.

Read More

West Fraser answers questions on 100 Mile House mill closure

By Patrick Davies
The Williams Lake Tribune
November 13, 2025
Category: Business & Politics
Region: Canada, Canada West

Members of the management team for West Fraser’s 100 Mile Lumber appeared in front of the District of 100 Mile House Council to answer questions about the permanent closure of their 100 Mile House mill by the end of December. …Mayor Maureen Pinkney began the meeting, noting that the closure is sad news and that she was surprised they were going straight to closure without any curtailment. …Rob Baron, West Fraser’s regional manager of operations, said “The conditions that precipitated the decision to go to permanent closure are really entirely related to long-term viability related to the high cost of saw logs coming to this mill”. …They’re currently getting their shutdown coordinator set up and have resources on site to help their employees through the transition. …Baron said West Fraser doesn’t have any plans for what they’ll be doing with the property in the future, but welcomes anyone interested in the facility to contact them.

Read More

Canadian Pacific Kansas City reaches tentative collective agreement with the Brotherhood of Locomotive Engineers and Trainmen

By Canadian Pacific Kansas City
Cision Newswire
November 13, 2025
Category: Business & Politics
Region: Canada, Canada West

CALGARY, AB – Canadian Pacific Kansas City (CPKC) said it has reached a new tentative five-year collective agreement with the Brotherhood of Locomotive Engineers and Trainmen (BLET). The tentative agreement providing increased wages and more flexible work rules covers approximately 300 locomotive engineers on the Soo Line property operating trains in Illinois, Indiana, Minnesota, North Dakota and Wisconsin. …Last week, CPKC announced a series of 13 tentative five-year collective agreements with various unions representing approximately 360 employees across the United States. All the tentative agreements announced this month are pending ratification by the unions’ membership.

Read More

University of Northern BC researcher recognized among world’s most influential scientists for conservation research

University of Northern British Columbia
November 12, 2025
Category: Business & Politics
Region: Canada, Canada West

Oscar Venter

PRINCE GEORGE, BC – University of Northern BC researcher Dr. Oscar Venter is helping to guide where action is most needed to protect and restore Canada’s remaining intact ecosystems – work that has earned him a place among the world’s most highly cited scientists. The FRBC West Fraser Conservation Solutions Research Chair has been named to the Clarivate Highly Cited Researchers 2025 list. The annual list recognizes researchers whose published work ranks among the top one per cent of most cited papers in the world. …“This recognition reflects the vital research being done by the team of emerging scientists in my lab… as we work toward achieving national and international conservation targets.” …The annual list reflects the most influential researchers globally based on a rigorous evaluation process that includes citation activity, quantitative metrics and qualitative analysis. Venter is recognized for his contributions in the Environment and Ecology category.

Read More

Building an economy in B.C. that has workers’ backs

By Scott Lunny, United Steelworkers Director
The Vernon Morning Star
November 13, 2025
Category: Business & Politics
Region: Canada West

Scott Lunny

Another mill closure is not a statistic. It’s a family in B.C. wondering what tomorrow looks like. …from the island to the interior— working families who built the industrial spine of this province all share the same quiet fear: that the next round of tariffs, next dip in the markets or a long fire season could erase decades of employment. …The recent announcement that West Fraser will permanently close its mill in 100 Mile House is a devastating reminder of what happens when that stability fails. B.C. has all the resources, the skill, and the will to build an economy that works for working people. What’s missing is a coordinated strategy that treats our industrial sectors as one ecosystem and a politics that views workers as partners, not props. For too long, economic debates have forced a narrative that pits sector against sector, between fiscal pressures and fairness. False choices.

Read More

Forests Minister Parmar in Asia trying to find new customers for B.C. lumber

By Mark Page
Victoria News
November 12, 2025
Category: Business & Politics
Region: Canada, Canada West

Ravi Parmar in Tokyo, Japan

Forests Minister Ravi Parmar is in the midst of an eight-day trade mission to Asia to forge some new ties for B.C.’s forestry industry, blaming U.S. tariffs for recent mill closures and trying to find new places to sell B.C. wood products. “The reason these mills are curtailing and closing is not because of government policy, rather because of the actions of Donald Trump and his assertive tactics on forestry workers in our forest sector in British Columbia,” said Parmar. But B.C. Conservative Forests critic Ward Stamer [argues] that the B.C. government has hampered the province’s forestry sector through excessive rules and regulations. …Parmar’s mission to Asia includes stops in South Korea and Japan…. Stamer doesn’t deny that the tariffs have some impact — saying it’s good that Parmar is over in Asia trying to strike some new deals — but he doesn’t think that will get the fibre moving in the short term.

Read More

B.C. cancels lumber tariff ads to little effect as another mill closes

By Vaughn Palmer
The Vancouver Sun
November 7, 2025
Category: Business & Politics
Region: Canada, Canada West

Vaughn Palmer

VICTORIA — Premier David Eby started the week by abandoning his threat to target Americans with a direct advertising campaign against the US’s hefty tariffs on softwood lumber from BC. …No sign of backing off last week. But there he was Monday doing just that at the wrap up of the summit with the federal ministers. …As to what the premier got for this show of humility, it was mostly a working group. …The same day, the leading industry group, COFI, reminded Eby of his promise to increase the annual allowable cut from the current 30 million cubic metres to 45. …Eby agreed the province has work to do but cautioned that even where the annual cut has been allocated, it may not be economic to harvest because of the looming threat of tariffs. …Both concerns were underscored by the end-of-the-week news of the permanent closure of West Fraser’s mill in 100 Mile House.

Read More

100 Mile House Mayor says mill closure at the end of 2025 underscores need for reform

By Wolfgang Depner
The Canadian Press in Castanet
November 8, 2025
Category: Business & Politics
Region: Canada West

©Wikipedia (Murray Foubister)

Maureen Pinkney, mayor of 100 Mile House, says U.S. tariffs on the softwood lumber industry “are the icing on the cake” for an industry in need of fundamental reforms as it prepares for the closure of a local lumber mill. Pinkney says she won’t necessarily “point fingers… but what’s been happening in the last 20 years has not worked,” adding issues like the handling of forestry licenses and the annual allowable cut need to be redone. …Pinkney’s comments come after West Fraser Timber announced that it will permanently close its lumber mill in 100 Mile House by the end of 2025, because of a lack of “adequate volume of economically viable timber.” …MLA Ward Stamer, the forest critic, said that the closure is “devastating” and “yet another sign” of what he called the “NDP’s gross neglect” in managing the industry. …100 Mile House MLA Lorne Doerkson agreed, saying government has ignored every warning sign from the industry.

Related news coverage in Juno News, by Patrick Quinn: Hundreds of forestry workers to lose jobs as B.C. mills fall to U.S. tariffs

Read More

Alberta Forestry Heads to Asia Amid Soaring U.S. Tariffs

By Aspen Dudzic
Alberta Forest Products Association
November 6, 2025
Category: Business & Politics
Region: Canada West

Canada’s forest industry has been bruised by U.S. trade barriers this year. The combination of softwood lumber duties and section 232 tariffs result in a staggering 45 per cent tax on Canadian lumber coming into the U.S., artificially pricing us out of a market that takes almost 50% of what is produced in Alberta. Market diversification isn’t just smart business anymore—it’s an economic imperative. This Friday, Alberta’s Minister of Forestry & Parks, Todd Loewen, and a delegation from Canada Wood and both the Alberta and B.C. forest industries are wheels up on a critical trade mission to Japan and South Korea to strengthen relationships and grow market demand for our sustainable wood products. Few markets hold higher standards for quality product than Japan and South Korea—and Alberta can deliver. Our cold climate and short growing season give our trees long fibres and tight growth rings, resulting in wood that is exceptionally strong, stable, and lightweight.

Read More

La-kwa sa muqw Forestry Limited Partnership continues to seek negotiations to end months-long strike by the United Steelworkers Local 1-1937

La-kwa sa muqw Forestry Limited Partnership
November 5, 2025
Category: Business & Politics
Region: Canada, Canada West

Campbell River, BC — La-kwa sa muqw Forestry Limited Partnership (LKSM) is ready to sit down at the bargaining table with the USW at any time, and has been ready throughout this strike, which it has made clear many times to the USW. However the USW has repeatedly refused to do so, as recently as October 24. Despite repeated invitations from LKSM, the USW has also declined both meaningful negotiations and mediation to assist the bargaining process, unnecessarily prolonging this months-long strike. “LKSM’s First Nations shareholders are dismayed and extremely frustrated by the provincial government’s failure to help both parties to make progress through the appointment of a mediator, especially given the hardships the forestry industry is facing right now,” says Nanwakolas Council President Dallas Smith. “Mediation is an opportunity to bring the parties together …and yet BC still has failed to appoint a mediator after all this time.”

Read More

A long-shuttered pulp mill in Saskatchewan could become a hub for critical minerals, grains

By Rob O’Flanagan
The Star Phoenix
November 5, 2025
Category: Business & Politics
Region: Canada West

©Facebook

A former pulp mill in Saskatchewan, shuttered for nearly 20 years, could be turning the page with a comeback story under new management. The BMI Group, a developer based in Tillsonburg, Ont., acquired the sprawling industrial complex northeast of Saskatoon with a vision for regional renewal. The company is looking for ways to repurpose the Prince Albert pulp mill’s infrastructure for “next-generation opportunities.” “We’ve done this in a number of municipalities across the country,” Chris Rickett, who oversees community and government relations at the company, said in an interview. …The company outlines a process whereby it buys large-scale industrial properties based on their potential to be transformed from dormant infrastructure into new uses that are profitable. …The former Prince Albert pulp mill, which closed in 2006, may also one day attract a diverse range of tenants. …“We’re really excited about this new partnership with the BMI Group,” Mayor Powalinsky said.

Read More

Bailey says Ottawa must support B.C. forestry as it supports Ontario’s car industry

By Wolfgang Depner
The Canadian Press in the Times-Colonist
November 4, 2025
Category: Business & Politics
Region: Canada, Canada West

Brenda Bailey

British Columbia’s finance minister said she thinks the newly announced federal budget aligns with provincial priorities, but is calling on Ottawa to follow through on supporting forestry and the North Coast Transmission Line. Brenda Bailey said B.C. expects the federal government to support workers in the softwood lumber industry, which is now facing what she calls “extraordinary” duties and tariffs of up to more than 45%. …Bailey’s comments come after an emergency meeting on softwood lumber earlier this week between Premier David Eby and Dominic LeBlanc, the federal minister responsible for Canada-US trade, among others. Both Victoria and Ottawa have subsequently agreed to creating a working group to support the industry. …The Forest Products Association of Canada said the federal government must find more certain trading arrangements with the US. President Derek Nighbor said that “lumber must remain a priority at the negotiating table.”

Read More

UNB researcher explores human-in-the-loop autonomous truck technology to solve labour gaps in New Brunswick’s forestry sector

By Tim Jaques
University of New Brunswick
November 12, 2025
Category: Business & Politics
Region: Canada, Canada East

Yukun Lu

UNIVERSITY OF NEW BRUNSWICK — A platoon of logging trucks makes its way through remote forest roads, each responding independently to the environment. A drone buzzes overhead, feeding information to the vehicles. Here’s the thing: only the lead truck is driven by a human. The others, equipped with sensors and controllers, drive themselves. It sounds like a scene from a sci-fi movie, but this high-tech system could soon find its way to New Brunswick’s back roads. When Dr. Yukun Lu came to UNB, she brought with her a background in autonomous vehicle control. …That challenge is the shortage of skilled truck drivers in the province’s forestry sector, and the solution she’s researching is a human-led autonomous truck platooning system designed to make logging transport safer, more efficient and sustainable. …Lu is an assistant professor at the UNB faculty of engineering and the director of the Intelligent Mobility and Robotics Lab (IMRL).

Read More

Corner Brook Pulp and Paper Remains on Shutdown Awaiting Higher Water Levels

VOCM.com
November 13, 2025
Category: Business & Politics
Region: Canada, Canada East

Kruger is keeping a close eye on the province’s rainfall. The company shut down production at Corner Brook Pulp and Paper late last month because of extremely low water levels preventing Deer Lake Power from supplying sufficient energy to operate the mill. A spokesperson for the company says while rainfall has increased in recent days, the lake level remains below the threshold necessary to resume viable operations. Kruger is watching the situation closely and is encouraged by more significant rainfall in the forecast in the coming days. [END]

Read More

Federal budget export help welcomed by wood manufacturing cluster CEO

By Scott Dunn
Owen Sound Sun Times
November 5, 2025
Category: Business & Politics
Region: Canada, Canada East

Tucked in the federal budget’s help for the lumber industry is a pot of money that gives upholstered wood furniture, cabinet and other wood product manufacturers some hope. But one local wood product manufacturer said he doesn’t see immediate relief for small operations in the sector, which has been hit with up to 25 per cent U.S. tariffs, are due to rise up to 50 per cent in January. The federal budget says … “large increases in U.S. tariffs and the resulting trade uncertainty are weakening Canada’s economy.” “More directly, tariffs on Canadian steel, aluminum, autos, copper, softwood lumber, and wood products are putting Canadian jobs and businesses at risk,” the budget says. Mike Baker, the chief executive officer of the Hanover, Ont.-based Wood Manufacturing Cluster of Ontario, said his group welcomes the federal budget’s export assistance, first announced by Prime Minister Mark Carney Aug. 5, to help expand markets beyond the U.S.

Read More

International Paper to close five German sites, cut 500 jobs

By Katie Pyzyk
Packaging Dive
November 12, 2025
Category: Business & Politics
Region: United States, International

International Paper announced it plans to close five sites in Germany as part of its integration with DS Smith, the London-based packaging company it acquired in January. The manufacturing sites included are a conventional box plant, a display and offset site, and three sheet plants; another display site also will partially close. IP expects roughly 500 roles to be affected by the closures, which it anticipates will occur by the end of 2026. IP is engaging with labor representatives, and until that activity progresses it will not comment further. …IP launched the streamlining stateside last year prior to the DS Smith acquisition and in Europe this year following the deal finalization. [Editors note: the planned closures are outlined in a UK regulatory notice linked to IP’s DS Smith integration. German labour law requires formal consultation with employee representatives, and outcomes can change during that process.]

Read More

US Building Material Dealers press for new softwood lumber agreement

By National Lumber and Building Material Dealers Association
Door & Window Market Magazine
November 12, 2025
Category: Business & Politics
Region: United States

The National Lumber and Building Material Dealers Association (NLBMDA) submitted comments to the Office of the US Trade Representative (USTR) ahead of next year’s joint review of the United States-Mexico-Canada Agreement (USMCA). “While USMCA recognizes the interconnectivity of the lumber and building materials sector… raw and semi-processed Canadian lumber remains exposed to market instability without a new Softwood Lumber Agreement (SLA). NLBMDA strongly recommends that the US prioritize negotiating a new, long-term SLA with Canada and integrate it into the USMCA framework. Since the previous agreement expired in October 2015, duties on Canadian lumber have fluctuated year to year, creating uncertainty for LBM dealers and the broader industry. …Establishing a new, long-term SLA that safeguards the US wood products sector and workforce while recognizing the essential role ofCanadian lumber in the North American marketplace would help restore pricing stability, ensure predictable access to critical building materials, and strengthen the supply chain.

Read More

China restores soybean licenses for U.S. firms, ends log ban

By Ella ‌Cao, Yukun Zhang and Ryan Woo
Reuters in Yahoo! Finance
November 7, 2025
Category: Business & Politics
Region: United States, International

BEIJING — China will restore soybean import licences for three US firms ​and lift its suspension on US log ‌imports starting November 10, its customs authority said on Friday in ‌another sign of easing trade tensions between the two nations. …The halt on US log imports was a retaliatory ‍measure after US President Trump’s March 1 order to investigate lumber imports. Investor sentiment improved after Trump met Chinese ​leader Xi Jinping in South Korea, reducing fears that ‌the world’s two largest economies might abandon efforts to resolve their trade disputes. Following the meeting, Beijing lifted tariffs on some US farm goods. …However, traders remain cautious, as a ‍10% ⁠tariff on all US imports remains in effect, limiting ⁠expectations for a broader recovery in trade flows.

Read More

CPKC reaches tentative collective agreements in United States

By Canadian Pacific Kansas City
Cision Newswire
November 5, 2025
Category: Business & Politics
Region: United States

CALGARY, Alberta — Canadian Pacific Kansas City (CPKC) said it has reached 13 new tentative collective agreements with unions in the United States representing carmen, hostlers, laborers, clerks, maintenance workers, as well as mechanical and engineering supervisor employees. Six tentative five-year collective agreements have been reached with the Brotherhood of Railway Carmen. ….Five agreements have been reached with the Transportation Communications Union and American Railway and Airway Supervisors Association. …Two other agreements have been reached with National Conference of Firemen and Oilers employees on the Soo Line and Kansas City Southern properties. …The tentative agreements are pending ratification by the union’s membership. 

Read More

Chinook Forest Partners to Acquire South Coast Lumber Company

South Coast Lumber Co.
November 5, 2025
Category: Business & Politics
Region: United States, US West

GRANTS PASS and BROOKINGS, Oregon — Chinook Forest Partners, a forestland investment manager located in Southwest Oregon, announced it has entered into a definitive agreement to acquire South Coast Lumber Co. and affiliates. This acquisition encompasses 104,000 acres of premium coastal forest with modern manufacturing facilities. …Mike Beckley, CEO and President of South Coast said, “We are confident they will honor the legacy the Fallert family has built over four generations, while helping South Coast reach new levels of growth and opportunity.” …The transaction is expected to finalize before year-end 2025, pending customary closing conditions.

Read More

Legault warns 30,000 Quebec forestry jobs could be lost as trade war continues

By Nicolas van Praet and Brent Jang
The Globe and Mail
November 13, 2025
Category: Business & Politics
Region: Canada, US East

François Legault

Quebec Premier François Legault is warning that 30,000 forestry jobs could be lost in the province because of Canada’s trade war with the US, an estimate equivalent to half the work force in that industry. His comments have set off alarm bells in various Quebec regions and logging towns. The sector represented 9.6% of Quebec exports by value in 2023 as well as GDP of $6.4-billion. …“What we want is that Trump pulls back [on tariffs] and that we’re able to diversify a part of our forest industry sales. But at the same time, we have to be realistic.” That includes having forestry workers retrain for mining jobs, he said. Political observers have remarked in recent days on what they characterized as… a reckless pronouncement. “When the captain of the ship says ‘It’s done’ and tells workers ‘Don’t go into that industry,’ it sets off a panic.” [to access the full story a Globe & Mail subscription is required]

Read More

Augusta mill closing: Canadian timber company shutting down off Doug Barnard Parkway

By Joe Hotchkiss
The Augusta Chronicle
November 10, 2025
Category: Business & Politics
Region: United States, US East

An Augusta lumber mill is closing permanently. The West Fraser Timber mill is expected to shutter by the end of 2025, putting 130 employees out of jobs, the company announced. “The closure of the Augusta lumber mill is a result of challenging lumber demand, and the loss of economically viable residual outlets, which combined has compromised the mill’s long-term viability,” the company said. …West Fraser said it “expects to mitigate the impact on affected employees by providing work opportunities at other company operations, where available.” The Canadian company’s lumber mill operations closest to Augusta are in the Georgia cities of Blackshear, Dudley, and Fitzgerald, all at least 100 miles away. West Fraser also runs facilities in Cordele and in Allendale, South Carolina, that produce oriented strand board. …“The announcement is difficult news for employees, their families, suppliers, and the community,” Georgia Forestry Association’s Tim Lowrimore said.

Read More

Fire causes heavy damage at Maine sawmill

By Wendy Watkins
The Bangor Daily News
November 8, 2025
Category: Business & Politics
Region: United States, US East

DIXFIELD, Maine — A fire at the Irving Forest Products sawmill in Dixfield caused heavy damage to part of a building Saturday, according to the Dixfield Fire Company. No one was hurt. “The damage is extensive but contained to the northwest side of the sawmill building,” the fire company said in a statement. “Mill personnel are assessing damage and already planning r​​epairs.” ​Firefighters from several towns — including Rumford, Peru, Mexico, East Dixfield, Jay, Wilton, Canton, Roxbury and Carthage — helped battle the blaze, according to the department. Irving Forest Products bought the Dixfield sawmill in 1998 and has invested more than $40 million into the mill. The Maine State Fire Marshal’s Office is investigating. [END]

Read More

Maine Department of Labor Providing Support to Woodland Pulp Employees

By Maine Department of Labor
Government of Maine
November 7, 2025
Category: Business & Politics
Region: US East

BAILEYVILLE – The Maine Department of Labor (MDOL) announced today that it will provide direct unemployment insurance support to employees affected by a temporary layoff at Woodland Pulp. The temporary layoff announced earlier this week due to market conditions is expected to impact about two-thirds of Woodland Pulp’s Maine workforce. The temporary layoff is expected to begin on November 22 and last until December 16, 2025. “Woodland Pulp is a critical employer that provides hundreds of good-paying jobs in Washington County. My Administration will do everything we can to support the mill and its workers through this period of economic uncertainty,” said Governor Janet Mills. “The Department has been in contact with both company management and union representatives to determine the best way to assist during this difficult time and have decided that in-person unemployment insurance support would be most helpful,” said Labor Commissioner Laura Fortman. 

Read More

Woodland Pulp pausing mill operations until end of December

By Emmett Gartner
The Maine Monitor
November 7, 2025
Category: Business & Politics
Region: United States, US East

BAILEYVILLE, Maine — Woodland Pulp announced to its employees on Tuesday that the company will pause manufacturing at its Baileyville pulp mill and wood chip plant from late November to mid-December. During that month-long hiatus, the company will temporarily lay off 144 employees at both facilities, said Scott Beal. Woodland Pulp is Washington County’s largest employer, and the layoffs will apply to about one third of the mill workforce. Beal attributed the “extended downtime” to declining prices in the global pulp market. …Poised on the banks of the St. Croix River across from Canada, Woodland Pulp is one of Maine’s last major mills. …Daigneault said that broader tariffs on Canadian and European manufacturing equipment may add to the financial difficulties Maine mills are already experiencing. …Woodland Pulp is one of six mills in the northeast US and Quebec that have recently paused or decreased wood deliveries.

Read More

Multiple departments respond to fire at Appalachian Wood Pellets in Kingwood (West Virginia)

The Preston County News & Journal
November 6, 2025
Category: Business & Politics
Region: US East

KINGWOOD, W.Va. — Multiple volunteer fire departments and emergency medical services responded Wednesday night to a fire at Appalachian Wood Pellets that affected multiple buildings. Officials reported the blaze has been contained, and no injuries were reported. Preston County Office of Emergency Management Director Justin Wolfe said initial reports of the blaze at 383 Mill Road were received at 11:33 p.m. Wednesday. …Initial reports noted that crews mounted an attack against the blaze, with additional fire departments being requested for assistance. Based on reports, the fire affected structures outside the main plant, including an open trailer with material, an open roofed storage structure and a belt-to-silo apparatus, and encroached on a maintenance building.

Read More

Weyerhaeuser to Use $102 Million From Municipal Bond Sale for Arkansas Project

By Patrick Sheridan
Morningstar
November 4, 2025
Category: Business & Politics
Region: US East

Weyerhaeuser will use $102 million of proceeds from a municipal bond sale to help finance the construction of solid waste disposal facilities at its engineered wood plant in Arkansas. The Resource Recovery Revenue Bonds Series 2025 will be sold by the Arkansas Development Finance Authority, which will then lend the money to the timber and forest products company. …The bonds are special and limited revenue obligations of the issuer. Weyerhaeuser will use the money to help finance a portion of the costs of the acquisition, construction, equipping and installation of solid waste disposal facilities at its TimberStrand plant under construction near the city of Monticello in Drew County. Proceeds will also be used to pay the costs of bond issuance. TimberStrand is a brand name for a type of engineered wood product called laminated strand lumber and is manufactured by Weyerhaeuser. 

Read More

Stora Enso initiates a strategic review of its Central European sawmills and building solutions operations

Stora Enso OYJ
November 14, 2025
Category: Business & Politics
Region: International

Stora Enso is initiating a strategic review of its Central European sawmills and building solutions operations. The 2026 review will cover one business unit of Wood Products business area, including seven sawmills in Austria, Czechia, Poland, and Lithuania, and further processing units with three cross-laminated-timber (CLT) mills, as well as wood procurement, and international sales and distribution operations. Whilst the business in scope has a strong position in an attractive market, it does not bring strategic or operational synergies for Stora Enso’s core renewable packaging operations. …different scenarios will be assessed for the business and assets in scope, including the possibility to divest the business, to strengthen Stora Enso’s strategic focus on renewable materials and packaging. The synergetic sawmills in Northern Europe, including further processing operations, in Sweden, Finland, Estonia and Latvia are not part of the assessment, and this part of the business remains strategically important to Stora Enso going forward.

Read More

Stora Enso completes strategic review and intends to create the largest listed pure play forest company in Europe

Stora Enso OYJ
November 14, 2025
Category: Business & Politics
Region: International

Hallenberg, Torikka, & Voelkel

On 18 June 2025, Stora Enso Oyj announced the initiation of a strategic review of its Swedish forest assets as part of its stronger focus on renewable materials and packaging. After assessing various options, and having completed the divestment of approximately 175,000 hectares of forest land, for an enterprise value of EUR 900 million, the Board of Directors of Stora Enso has completed the strategic review. The Board of Directors has decided to initiate preparations for the separation of the Swedish forest assets business of Stora Enso into a new publicly-listed Swedish company through a statutory partial cross-border demerger of Stora Enso. …According to the assessment of the Board of Directors, the demerger of the Swedish forest assets business into the New Company would be the best alternative to unlock the full potential of both the Swedish forest assets and Stora Enso’s core packaging business as well as to optimise capital allocation and reduce complexity. 

In related Stora Enso news: Changes in Stora Enso’s Group Leadership Team Tuomas Hallenberg has been appointed President and CEO of Stora Enso’s Swedish forest business, to be demerged from Stora Enso in 2027. Pauli Torikka has been appointed Executive Vice President of the new Wood and Energy business area, to be established January 2026. Lars Völkel has been appointed Executive Vice President Containerboard effective January 2026.

Read More

Metsä Group considers 3-month curtailment at four Finish sawmills

Metsä Group
November 12, 2025
Category: Business & Politics
Region: International

Metsä Fibre will start change negotiations on possible layoffs of up to 90 days at the company’s sawmills in Lappeenranta, Rauma, Renko and Vilppula. The negotiations are prompted by challenging market conditions for sawn timber and harvesting, which have created a need for production downtime. According to the estimate, if implemented, the planned measures could lead to the lay-off of all personnel at Metsä Fibre’s Lappeenranta, Rauma, Renko and Vilppula sawmills for a maximum of 90 days during 2026. The change negotiations cover the entire staff of Lappeenranta, Rauma, Renko and Vilppula sawmills, approximately 350 people.

Read More