Category Archives: Business & Politics

Business & Politics

Forestry Transformation Task Force Recognizes Critical Role of Private Forest Owners in Canada’s Forest Future

By Sandra Bishop
Canadian Forest Owners
June 5, 2026
Category: Business & Politics
Region: Canada

OTTAWA, ON—Canadian Forest Owners (CFO) congratulates the Honourable Tim Hodgson, Minister of Energy and Natural Resources, and members of the Forestry Transformation Task Force on the release of their report, which recognizes the important contribution of Canada’s private forests in building a competitive, sustainable, and resilient forest sector. Representing approximately 480,000 private forest owners across the country, CFO’s members manage 25 million hectares of privately owned forest land from coast to coast. Together, they account for approximately 10 per cent of Canada’s forest land base and 20 per cent of national forest production. As the report notes, “Canada has a proud tradition of private forest ownership.” Private forests contribute an estimated $14.5 billion annually to Canada’s economy and support nearly 40,000 direct jobs in silviculture, harvesting, transportation, and forest products manufacturing. …For CFO, the report’s recognition of private forests is an important step forward. However, the organization believes that recognition must now be accompanied by policy action.

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Canada launches Forest Sector Action Plan

By Natural Resources Canada
PR Newswire
June 4, 2026
Category: Business & Politics
Region: Canada

VICTORIA, BC – Canada’s forest sector is at a pivotal moment. Ongoing pressures — including tariffs, fibre supply challenges, changing market demands and climate change — are significantly impacting the industry and the communities that depend on it. In response, the Government of Canada is focusing on what we can control — and moving forward with provinces, territories and Indigenous partners on a co-ordinated approach to transform the sector into one that can thrive in the long term. Today, the Honourable Tim Hodgson, Minister of Energy and Natural Resources, announced a Forest Sector Action Plan, with key commitments to drive the transformation of the forest sector in collaboration with provinces, territories, Indigenous Peoples and other key partners. The Action Plan is informed by the Canadian Forest Sector Transformation Task Force’s recommendations and builds on the extensive work it completed during its 90–day mandate. The plan focuses on four priority areas to position Canada’s forest sector as a leading global supplier of both traditional and advanced forest products…

In related news:

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Carney government slows down sweeping environmental changes

By David Thurton and Kate McKenna
CBC News
June 4, 2026
Category: Business & Politics
Region: Canada

Mark Carney

The Carney government is slowing down planned regulatory changes that angered First Nations and mobilized civil society organizations. Stopping short of admitting they were moving too fast or too far, the government said that it would extend the public engagement period until July 22. …Among the suite of measures were designating pre-approving development in certain “federal economic zones” and giving the federal cabinet limited power to exempt projects from the “jeopardy test” for species at risk. The Assembly of First Nations called the proposed changes “not acceptable” and said they demonstrated “a pattern of exclusion.” On Wednesday, many of Canada’s environmental and conservation groups assembled on Parliament Hill to oppose the government’s proposal. …The Carney government justified the changes by arguing Canada needs to fast-track nation-building projects that strengthen the economy and help diversify exports away from the US.

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Canada advances forest sector transformation to protect jobs and strengthen communities nationwide

Natural Resources Canada
PR Newswire
June 3, 2026
Category: Business & Politics
Region: Canada

Tim Hodgson

VICTORIA, BC — As ministers from across Canada prepare to meet at the Canadian Council of Forest Ministers (CCFM) this week, the Government of Canada is tackling the challenges we face today, from US trade action to fibre supply to climate change, and transforming the sector for a more prosperous, stable future. …Minister Hodgson released the Canadian Forest Sector Transformation Task Force’s final report, alongside measures to modernize operations, attract private investment, expand the use of wood in construction, increase production of value-added wood products and diversify export markets. …The CCFM will discuss the report’s recommendations and the Government of Canada will publish an Action Plan. …Additionally, Minister Hodgson announced that the Business Development Bank of Canada (BDC) Softwood Lumber Loan Guarantee Program will be enhanced. …The federal government is providing an additional $400 million to support the transformation of the forest sector… and close to $130 million in federal funding for 56 projects. [Backgrounder lists all funding recipients]

Response to Minister Hodgson’s Release:

 

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Minister says Canadian forestry crisis goes beyond Trump tariffs

By Wolfgang Depner
The Canadian Press in Nanaimo News Now
June 3, 2026
Category: Business & Politics
Region: Canada

VICTORIA — Canada’s forestry sector is the trade “canary in the coal mine” as it faces structural challenges that go beyond Trump-era tariffs, says the federal minister responsible for natural resources. Tim Hodgson made that comment Wednesday as he unveiled close to $130 million in funding for 56 forestry-related projects across the country. Hodgson, who is in Langford, B.C., to meet with Canada’s provincial and territorial forest ministers, also released a report suggesting homegrown problems, such as unstable access to fibre and lack of domestic demand that are threatening the industry with an “existential crisis.” …But the minister also said forestry finds itself at a “turning point” and that despite federal support, more than a dozen sawmills employing 2,000 workers have closed since August. While forestry has been a mainstay of Canada’s economy and the lifeblood of many communities, Hodgson said the industry is in a crisis and needs to change.

Related coverage by:

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Trump administration proposes 10% tariff on Canada, Mexico and the EU over forced labor

By Daniel Desrochers
Politico
June 2, 2026
Category: Business & Politics
Region: Canada, International

The Trump administration wants to reimpose a 10% tariff on top trading partners including the EU and Canada, while hitting others with a higher rate, citing concerns about forced labor. The US Trade Representative’s Office made those proposals as part of a report with the results of its investigation into 60 trading partners over their failure to impose and enforce laws to prohibit goods made with forced labor. It’s one of two sprawling trade investigations the administration launched earlier this spring in an effort to restore President Donald Trump’s global tariffs that were struck down by the Supreme Court in February. …The USTR probe, conducted under Section 301 of the Trade Act of 1974, found that six countries have failed to effectively enforce existing laws prohibiting goods made with forced labor: Canada, Ecuador, the European Union, Indonesia, Mexico and Pakistan. The report recommended a 10% duty. It recommended the same duty for another nine countries.

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Canada Makes New US Trade Proposals, Warns of ‘Turbulence’

By Brian Platt, Thomas Seal and Josh Wingrove
Bloomberg in Yahoo! Finance
June 2, 2026
Category: Business & Politics
Region: Canada, United States

Dominic LeBlanc

Canada made new and detailed proposals on trade to the US based on negotiating progress in recent weeks, said Canadian cabinet minister Dominic LeBlanc. “A strong, prosperous Canadian economy is good for North America, and we discussed how we can work together on a number of issues that strengthen the competitiveness of the North American economy,” he said. …LeBlanc refused to share details of the proposals but downplayed suggestions that Canada was being left behind Mexico. …Hours after LeBlanc’s news conference, the US proposed new tariffs on imports from 60 trading partners after an investigation into how countries handle goods allegedly produced by forced labor. …However, the new tariff won’t apply to USMCA-compliant goods from Canada and Mexico, according to the notice from the US Trade Representative. That mirrors an earlier exemption to Trump’s so-called IEEPA tariffs — the ones that were thrown out by the high court.

 

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Canada tells U.S., Mexico it wants CUSMA renewed

CBC News
June 2, 2026
Category: Business & Politics
Region: Canada, United States

Canada has given the US and Mexico official notice that it wants the free trade deal between the three countries to be renewed. In a letter to his American and Mexican counterparts, Canada-US Trade Minister Dominic LeBlanc said the country is seeking renewal of CUSMA when it comes up for review on July 1. LeBlanc is in Washington Tuesday for a meeting with U.S. Trade Representative Jamieson Greer. All the signals from the White House over the past year and a half indicate that the Trump administration does not want a straightforward renewal of CUSMA and instead wants significant changes to its terms. …LeBlanc calls CUSMA “highly beneficial to each of our countries and to the integrated North American economy,” but goes on to acknowledge that the other countries may want to propose “improvements.” …Whatever happens on July 1, CUSMA is slated to remain in effect until 2036. 

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Canadian Pacific Kansas City to maintain rail operations across Canada during International Brotherhood of Electrical Worker strike

By Canadian Pacific Kansas City
PR Newswire
May 31, 2026
Category: Business & Politics
Region: Canada

CALGARY, AB – Canadian Pacific Kansas City (CPKC) today said it has implemented contingency plans to maintain railway operations across Canada following the International Brotherhood of Electrical Worker (IBEW) Canadian Signals and Communications System Council No. 11’s rejection of CPKC’s latest contract offers. The IBEW, representing approximately 300 Signals & Communications employees in Canada, launched a strike at 08:00 MDT Sunday, May 31. Safe and efficient rail service has continued. After spending months bargaining in good faith, CPKC is disappointed that a work stoppage could not be prevented. CPKC has presented a fair and balanced proposal with wage and benefit increases consistent with collective agreements currently in place with all our other unions across Canada. We continue to encourage IBEW to end its strike and accept binding arbitration.

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B.C. attorney general, Cowichan Nation lawyers welcome Supreme Court decision on New Brunswick case

The Canadian Press in CBC News
May 28, 2026
Category: Business & Politics
Region: Canada

Both B.C.’s attorney general and lawyers for the Cowichan Nation welcomed the Supreme Court of Canada’s decision not to hear a case out of New Brunswick on First Nations’ ownership claims of private industrial forest land. It comes as the BC government and Cowichan Nation pursue appeals after a contentious BC Supreme Court ruling that recognizes that the Cowichan Nation’s Aboriginal title extends to privately-owned property in the Richmond area. …BC Attorney General Niki Sharma said that the decision not to hear that case bodes well for the province’s appeal in the Cowichan case. The Crown-Indigenous Relations Department said the Wolastoqey decision allowed by the Supreme Court of Canada to stand was an important ruling, adding that “private property rights are fundamental.” …Richmond Mayor Malcolm Brodie hopes the rejection of the Wolastoqey Nation’s leave application “is a signal of the current thought process of the Supreme Court of Canada.”

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‘Worth repeating’: U.S. ambassador welcomes PM Carney’s offer to ‘help make America great again’

By Rachel Aiello
CTV News
May 28, 2026
Category: Business & Politics
Region: Canada, United States

Employing U.S. President Donald Trump’s marquee slogan, Prime Minister Mark Carney told a New York City business crowd on Thursday that “Canada strong will help make America great again,” a remark the U.S. envoy to this country said was “worth repeating.” Speaking at the Economic Club of New York, the prime minister detailed his economic diversification strategy, and his plans to recalibrate Canada’s relationships and reputation. “We’re focused on what we can control, and that means weaving a dense web of international partnerships abroad. That’s making us a much stronger, more resilient, more independent country,” Carney told the business crowd. Touting some key areas where the federal Liberals have made progress, Carney sought to make the case for why Canada and the U.S. should continue to co-operate in key sectors. … Business Council of Canada CEO Goldy Hyder said he thought Carney was “pitch perfect” in acknowledging the areas where Canada needs to do better.

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US, Mexico set three rounds of trade deal talks without Canada

By David Lawder
Reuters in Yahoo! Finance
May 27, 2026
Category: Business & Politics
Region: Canada, United States, International

MEXICO CITY – The Trump administration’s trade agency said on Wednesday it will kick off the first of three negotiating rounds with Mexico this week to revamp the North American trade agreement, but made no mention of any talks with Canada. The U.S. Trade Representative’s office ‌said in a statement that Deputy U.S. Trade Representative Jeffrey Goettman will lead bilateral talks in Mexico City on Thursday and Friday focused on “economic security and ‌rules of origin for key industrial goods.” USTR Jamieson Greer stayed in Washington to attend a White House cabinet meeting on Thursday. USTR said the U.S. and Mexico will hold a second round of negotiations in Washington June ​16 to 17, focused on agriculture and “a level playing field,” with a third set of talks in Mexico City scheduled for the week of July 20. …But USTR’s statement made no mention of bilateral talks with Canada.

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US plans tariffs on USMCA countries, has issues with Canada

By ‌David Shepardson and David ​Lawder
Reuters in Newsmax
May 26, 2026
Category: Business & Politics
Region: Canada, United States

The Trump administration intends to maintain tariffs on imports from Mexico and Canada, US Trade Representative Jamieson Greer said as the US launches negotiations to revamp the North American free trade pact. The US has “significant” trade issues with Canada. …”The US is going to have tariffs,” Greer said. “I mean, even with somebody like Mexico, or other countries that are in our own hemisphere, ⁠we’re going to have tariffs as long as we have a giant trade deficit.” His comments that the 6-year-old US-Mexico-Canada ​Agreement will not continue as a tariff-free trade pact echo comments he made privately last month to industry executives in ⁠Mexico — that auto and steel tariffs will remain in place under the revamped USMCA. …Greer said the Trump administration’s issues with Canada go well beyond trade “irritants” and it was difficult to see how the two can work out their differences.

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Second shift added to Grand Forks’ Interfor mill

By Karen McKinley
The Grand Forks Gazette
June 3, 2026
Category: Business & Politics
Region: Canada, Canada West

Mayor Everett Baker was pleased to share some positive news about Interfor as a second shift resumed at the Interfor sawmill in Grand Forks. Baker stated in a text message to The Gazette he was pleased to hear that the second shift started on Monday. In addition, the planer mill is also expected to be back to two shifts by the end of the month. …“I want to thank Interfor for working with all levels of government to continue to keep our mill operating.” While the extra shifts are great news, Baker added the mill needs a log supply, but the team working to get the mill back up and running to at-or-near full shifts is getting closer to their goal. It wasn’t clear how many employees would be returning. In November, a single shift of 68 employees was hired back at Interfor.

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Workers at Western Forest Products Value-Added Division join the United Steelworkers union

United Steelworkers
June 4, 2026
Category: Business & Politics
Region: Canada, Canada West

Workers at Western Forest Products Value-Added Division (WFP VAD) in Chemainus, BC, have joined the United Steelworkers union. The successful union organizing campaign was driven by a desire for better representation and a stronger voice on the job with a union that will fight for improvements that forestry workers need and deserve. …After significantly falling behind other USW-represented forestry workers in terms of wages, benefits, job security and strength on the job, the WFP VAD workers decided to come together and join a union with a proven record of achieving exactly what they are lacking in their collective agreement. …“Our local union is happy to welcome new Steelworker members from WFP VAD,” said Brian Butler, USW Local 1-1937 President. …“These workers deserve a union that has the strength, experience and resources to deliver real results at the bargaining table,” said Jeff Bromley, USW Wood Council Chair.

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CUSMA review is B.C.’s best chance to resolve the softwood lumber dispute

By Kurt Niquidet, BC Lumber Trade Council
The Vancouver Sun
June 3, 2026
Category: Business & Politics
Region: Canada, Canada West

Kurt Niquidet

For nearly four decades, Canada’s forest sector has been caught in a recurring cycle of US trade actions, litigation and uncertainty. Duties are imposed, legal challenges follow, some decisions are overturned, and yet the dispute persists. The names of the cases change, but the outcome is largely the same: uncertainty for businesses, workers and communities that depend on forestry. The upcoming review of the Canada-US-Mexico Agreement (CUSMA) presents a rare opportunity to change that. Trade agreement reviews are not simply technical exercises. They are moments when governments step back, reassess priorities and address issues that conventional trade processes have failed to resolve. Softwood lumber should be at the top of Canada’s agenda. …The US does not produce enough lumber to meet its domestic housing needs. Canadian lumber has long helped fill that gap. …After four decades of conflict, it is time to move beyond litigation and focus on a lasting solution.

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West Fraser Releases 2025 Sustainability Report

West Fraser Timber Co. Ltd.
June 3, 2026
Category: Business & Politics
Region: Canada West

VANCOUVER, BC – Today, West Fraser Timber Co. Ltd. released its 2025 Sustainability Report. The report highlights the Company’s sustainability performance across a variety of environmental, social and governance goals and disclosed targets. “Our 2025 Sustainability Report, Building Foundations for the Future, reflects our commitment to transparency and responsible operations, highlighting the progress we are making while identifying priority areas for further action to enhance our ability to succeed in a rapidly changing world,” said Sean McLaren, President and CEO. “As we look ahead, we will continue embedding sustainability into every part of our company — improving performance, reducing risk and creating value for everyone who depends on West Fraser.” 2025 key achievements highlighted in the report include:

  • Telling the Complete Carbon Story
  • Delivering on Our Climate Targets and Decarbonizing Operations
  • Highlighting Biodiversity
  • Partnering with Indigenous Nations
  • Supporting Our People and Earning Recognition as a Top Employer

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Fort St. John sawmill owned by Canfor officially sold

By Ed Hitchins
Energetic City
June 1, 2026
Category: Business & Politics
Region: Canada, Canada West

FORT ST. JOHN, BC — After much speculation, the Canfor sawmill in Fort St. John has officially been sold to outside interests. Canfor media relations representatives confirmed the sale of the sawmill, planer, pellet plant and energy systems to Rocky Mountain Salvage on May 29th. Rocky Mountain Salvage is a scrap metal and garbage recycling company with interests in Hinton and Edson, Alberta. The financial terms of the deal were not disclosed. “Since announcing the closure of the Fort St. John sawmill, Canfor is working to divest the site and assets,” said Canfor. …The sawmill was announced as closing in September 2024, affecting 220 jobs, along with a facility in Chetwynd.

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K’ómoks treaty nears finish line amid objections from neighbouring First Nations

By Les Leyne
Business in Vancouver
May 28, 2026
Category: Business & Politics
Region: Canada West

Spencer Chandra Herbert

Even if the K’ómoks treaty clears the B.C. legislature today, it will be years before it takes effect — and governments are facing mounting pressure to resolve overlapping territorial claims before then. It will be two years or more after the B.C. legislature ratifies the K’ómoks treaty — assuming it is voted on and passed today — before Ottawa follows suit and it formally takes effect. The parties will need … to smooth out the nagging problem of overlapping claims. Indigenous Relations and Reconciliation Minister Spencer Chandra Herbert outlined the magnitude of that issue… Based on his account of ­trying to reconcile overlaps for one comparatively small treaty, there’s no denying considerable time and effort went into it. But … it doesn’t look like it produced much in the way of results. The bill’s passage today is uncertain, and is just a taste of how complicated the treaty ­process is in a province with over 200 First Nations.

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Sale imminent in case of Fort St. John Canfor sawmill

By Ed Hitchins
Energetic City
May 27, 2026
Category: Business & Politics
Region: Canada West

FORT ST. JOHN, B.C. — The sale of a former sawmill owned by industry giant Canfor in Fort St. John could be happening very soon. According to a news tip received by Energeticcity.ca, a purchase by a salvage company based in the province’s interior was “99 per cent complete” with the new ownership possessing the property and hourly employees would have their last shift on Friday, May 29th, at midnight. The sawmill at 9312 259 Road was announced as closing in 2024, following a “systematic, orderly wind-down process” affecting 220 jobs. However, when approached by Energeticcity.ca, media relations representative of Canfor, Mina Laudan, said that no sale has been finalized as of yet.

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Canadian Pacific Kansas City receives 72-hour strike notice from International Brotherhood of Electrical Workers

By Canadian Pacific Kansas City
PR Newswire
May 27, 2026
Category: Business & Politics
Region: Canada West

CALGARY, AB – Canadian Pacific Kansas City (CPKC) said today that it has received a 72-hour strike notice from the International Brotherhood of Electrical Workers (IBEW) Canadian Signals and Communications System Council No. 11, which represents approximately 300 Signals & Communications employees across Canada.  Should a work stoppage occur, the company has prepared contingency plans that will allow CPKC to continue to serve our customers and the Canadian economy. Safe and efficient railway operations will continue.  The IBEW has said it intends to strike at 08:00 MDT Sunday, May 31. We remain committed to bargaining in good faith with IBEW in order to reach a negotiated outcome that is in the best interests of our employees and their families, our customers, and the company. Negotiations will continue into the weekend.

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Nipissing University announces Marianne Berube – 2026 honorary degree recipient

Nipissing University
June 3, 2026
Category: Business & Politics
Region: Canada East

North Bay, ON – Nipissing University will present five distinguished leaders with honorary degrees, the University’s highest distinction, during its upcoming Convocation ceremonies, June 8-10, 2026. Recipients are selected for their noteworthy contributions to Nipissing University, their respective fields, and broader impact on society. …Marianne Berube has over 40 years of diverse business and transformative leadership experience in the finance, construction and wood industries. She graduated from Nipissing University with degrees in Environmental Science and Business, and later received the Fellow, Canadian Institute of Bankers (FICB) and Certified Investment Management designations. Berube began her career in banking and became the first female bank manager in Northern Ontario. Berube was the Executive Director of the Canadian Wood Council’s “Ontario Wood WORKS!” program for 22 years, building the program from its pilot launch in North Bay to the Provincial initiative it is today. 

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Round table discusses support for Interfor employees and communities

By Rosalind Russell
My Espanola Now
June 2, 2026
Category: Business & Politics
Region: Canada East

Nairn & Hyman Township Mayor Amy Mazey says it is a tough time for the community, but they are resilient and confident that with time and effort, the community will move forward. Mazey and township CAO Belinda Ketchabaw attended a closed-door roundtable meeting last Friday to discuss how the community can move forward with the impending closure of the Interfor Nairn sawmill and planer, followed by a town hall meeting later in the day. She says MP Jim Belanger, MPPs France Gelinas and Bill Rosenberg, and surrounding municipal leaders were joined by employees, where she reported on efforts made to support those workers. Mazey adds that this includes raising awareness with ministers at the FONOM meeting, a recent job fair, and local resources available to assist them. Interfor is in the process of selling off the last of its stock before it closes the mill operations indefinitely. Up to 250 workers are affected.

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Supreme Court won’t hear Wolastoqey appeal of Aboriginal title ruling

By Jacques Poitras
CBC News
May 28, 2026
Category: Business & Politics
Region: Canada, Canada East

Ernest Drapeau

Private industrial forest land in New Brunswick will remain excluded from an ownership claim by Wolastoqey First Nations after the Supreme Court of Canada turned down an application to hear the case. It means the New Brunswick Court of Appeal’s ruling from last December is the final word on the issue. The title claim case can continue, but the First Nations will only be able to seek damages and compensation for the loss of their traditional lands. They will not be able to assert ongoing ownership. …“The fight for our homeland will continue,” said Chief Patricia Bernard of Madawaska Maliseet First Nation. …Three large forestry companies — J.D. Irving Ltd., H.J. Crabbe and Sons, and Acadian Timber — applied to have forest land they own excluded from the case. Drapeau’s ruling said the companies had no role in the initial taking of unceded land, and any legal bid for a declaration of title would not succeed.

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US proposes 25% Brazil-wide tariffs, links deforestation to wood prices

Lesprom Network
June 4, 2026
Category: Business & Politics
Region: United States, International

The US Trade Representative has determined that several Brazilian acts, policies, and practices are actionable under Section 301 and has proposed tariffs of 25% on all goods of Brazil, with specified exemptions and an annex of excluded products. …The determination covers multiple areas, including illegal deforestation, and states that timber and agricultural production linked to illegal deforestation can burden U.S. commerce by lowering costs for competing products and distorting prices. The notice describes timber-sector fraud risks, including the laundering of illegally harvested timber through supply chains, and states that illegally sourced timber products can devalue legally sourced timber prices by an estimated 7% to 16%. On wood-related findings, the notice references concerns that Brazilian products may be made with timber harvested illegally. It also describes limits in auditing and verification under Brazil’s Forest Code registration system. …The notice sets a public comment schedule that opens June 1, 2026.

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International Paper Completes $360MM Acquisition of North Pacific Paper Company

International Paper
June 4, 2026
Category: Business & Politics
Region: United States

MEMPHIS, Tennessee – International Paper has completed the acquisition of North Pacific Paper Company (NORPAC), a portfolio company of One Rock Capital Partners, for $360MM.  The acquisition brings together two strong teams, high-quality products, and a shared commitment to serving customers. Adding NORPAC to the International Paper portfolio will enhance system flexibility and expand capabilities. …The acquisition of NORPAC is part of International Paper’s strategic transformation to maximize value creation for customers, employees and shareholders.  …NORPAC is a Longview, Washington based producer of environmentally sustainable lightweight recycled packaging papers.

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Forest Service offers separation incentives to employees ahead of relocations

By Jory Heckman
The Federal News Network
June 2, 2026
Category: Business & Politics
Region: United States

The Forest Service is offering separation incentives to employees ahead of an agency reorganization that will move hundreds of positions across the country. The Forest Service told employees in a recent email that it will offer Voluntary Early Retirement Authority (VERA) and Voluntary Separation Incentive Payments (VSIP) to employees impacted by the agency’s upcoming reorganization. The Agriculture Department announced in March that the Forest Service would move its headquarters to Salt Lake City, Utah. The agency plans to shutter its nine regional offices, and so far plans to keep 20 of its 77 research facilities. “There is a position for each of you in the new structure, and your skills and experience are essential to the work ahead,” Forest Service Chief Tom Schultz told staff in the email. “At the same time, we know that not all positions will look the same or be located in the same places they are today.”

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EU trade lawmakers back compromise on trade deal with Trump

By Camille Gijs and Carlo Martuscelli
Politico EU
June 2, 2026
Category: Business & Politics
Region: United States, International

BRUSSELS — The European Parliament’s trade committee approved by a wide majority a compromise struck with EU governments and the Commission on legislation to implement a trade deal with the United States. Lawmakers backed, by 31 votes to six, with three abstentions, changes to legislation under which the EU agreed to eliminate tariffs on US industrial goods and some agricultural products — a key pillar of the agreement struck last summer. European institutions are now racing to complete the legislative process before July 4, when Trump has threatened to impose higher tariffs. Tuesday’s vote follows months of internal EU wrangling, as lawmakers slowed their deliberations after Trump threatened to seize Greenland in January and the U.S. Supreme Court struck down much of his tariff agenda in February. Overall, the European Parliament pushed to secure more guardrails against the risk that Trump again threatens the EU.

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Trump signs proclamation amending tariffs on steel, aluminum and copper imports

By Christian Martinez and David Lawder
Reuters in CTV News
June 2, 2026
Category: Business & Politics
Region: United States

LOS ANGELES – U.S. President \ Trump on Monday signed a proclamation amending his Section 232 national security tariffs on some aluminum, steel and copper imports, the White House said. The proclamation lowers tariffs on some steel and aluminum derivative products, including certain types of agricultural machineryand residential heating, air conditioning and ventilation equipment to 15% from 25% previously. It makes mobile industrial equipment, such as bulldozers and forklifts, subject to a 15% tariff “when imported from trade deal countries that are entitled to such treatment,” the White House said in a statement. The order also allows foreign companies to qualify for a 10% tariff if “their capital equipment includes at least 85% U.S. melted and poured or smelted and cast steel or aluminum by weight.” …The changes will remain in place until Dec. 31, 2027 “to spur near–term investments that will rebuild the Nation’s industrial base,” the White House said.

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Trump plans to appeal ruling letting importers seek refunds of paid struck-down tariffs

By Anne D’Innocenzio and Lisa Leff
PBS News
May 30, 2026
Category: Business & Politics
Region: United States

Businesses big and small have started receiving tariff refunds after the U.S. Supreme Court ruled that President Donald Trump lacked the constitutional authority to impose higher import taxes on goods from nearly every other country. The process could grind to a halt, however, after the Trump administration said Friday that it intended to appeal a federal judge’s order to allow all companies that paid the invalidated duties to seek refunds, not just the ones that filed lawsuits. Until the Department of Justice informed the judge of its planned appeal, the refund system overseen by U.S. Customs and Border Protection had been working fairly smoothly. Refunds reached the bank accounts of the first successful applicants on May 12. …Applications for refunds totaling $85 billion — more than half of the $166 billion the agency estimated the government owes to companies that paid the tariffs on imported goods — were accepted for processing as of May 22

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Softwood Lumber Board Welcomes Tim Lukoshus as Director of Finance

Softwood Lumber Board
May 26, 2026
Category: Business & Politics
Region: United States

Tim Lukoshus

The Softwood Lumber Board is pleased to announce that accounting veteran Tim Lukoshus is joining the SLB as Director of Finance. Lukoshus will lead the SLB’s financial management and core accounting functions. In this role, he will oversee timely financial reporting, ensuring accuracy, transparency, and alignment with the organization’s strategic priorities. His leadership is expected to further professionalize operations, support informed decision-making at the executive and board levels, and bolster the SLB’s integration of automation and AI to improve efficiency and accuracy. Lukoshus joins the SLB through his role as accounting manager at association management firm Smithbucklin, where he has managed accounting operations for professional societies and associations across healthcare, business trade, and technology sectors over the past five years. 

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A mill town in mourning: Nippon Dynawave cleanup and questions continue

By Katie Pyzyk
Packaging Dive
June 2, 2026
Category: Business & Politics
Region: United States, US West

LONGVIEW, WASHINGTON — Travelers near Nippon Dynawave Packaging Co.’s pulp and paper mill in Longview can smell freshly cut wood from the multiple nearby businesses that produce lumber, paper and packaging. Absent is the recognizable odor emitted during wood pulping, due to the mill’s nearly complete shutdown since a deadly white liquor tank implosion there. The May 26 implosion is being called one of the deadliest US workplace incidents in decades. …The Washington National Guard is among the local, state and federal crews assisting at the NDP facility, which has largely ceased operations. …The pain and sense of loss is palpable in this 38,000-person community in Southwest Washington, as well as in the surrounding areas of the state and neighboring Oregon. Gov. Bob Ferguson called for Washington state agency buildings’ flags to remain at half staff through sunset on June 7. Tears and stoic, strained faces were visible on those near the NDP site over the weekend.

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Smoke visible for miles after fire breaks out in Jasper County lumber mill

By Scott Lawrence
6 KFDM
June 5, 2026
Category: Business & Politics
Region: United States, US East

JASPER County, Georgia — Firemen from the Jasper, Tri-Community, Beech Grove, East End Fire, Lake Rayburn and Angelina Fire Departments have all converged on the Lincoln Lumber Mill where a fire in the kiln has sent thick smoke into the air that can be seen for miles. No injuries have been reported. Mike Lout with our media partner KJAS reports the fire broke out this morning at the mill off Highway 96, just south of Jasper. First responders say the fire broke out in the dryer house or kiln of the operation. Firemen have so far been able to limit the fire to the drying house. However, flames and smoke are filling the building and firemen are continuing to pump water into the structure.

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Saothair Capital Partners Completes Acquisition of EAM Corp. from Domtar

By Soathair Capital Partners LLC
PR Newswire
June 3, 2026
Category: Business & Politics
Region: United States, US East

WAYNE, Pennsylvania — Saothair Capital Partners, a private equity firm, announced it has completed the acquisition of EAM Corp. from Domtar through a newly-formed affiliate. Founded in 1998 and headquartered in Jesup, Georgia, EAM is a manufacturer of nonwoven airlaid and laminated absorbent materials used in feminine hygiene, adult incontinence, baby diaper, medical, industrial and food packaging applications. …Following the acquisition, current EAM General Manager Vanecia Carr will serve as Chief Executive Officer and Lori Venn will serve as Senior Vice President, Sales and Marketing.

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Robbins Lumber resumes operations after deadly explosion

News Center Maine
June 1, 2026
Category: Business & Politics
Region: United States, US East

SEARSMONT, Maine — Robbins Lumber has resumed full mill operations less than two weeks after an explosion at its Searsmont facility killed one person and injured 12 others, company officials announced. The company said it resumed full operations and began processing orders again on May 26 after employees and industry partners worked to restore the facility. …”We have worked quickly to restore operations safely and efficiently,” the company said. Robbins Lumber said its coatings facility was not affected by the explosion and has continued normal operations. The company is also using its Sanford location for warehousing, while its East Baldwin mill has increased production. …Robbins Lumber also provided an update on three family members injured in the explosion. James Robbins and Alden Robbins, along with Alden’s daughter, Lily Robbins, remain hospitalized at Massachusetts General Hospital. The company remains encouraged by their progress and looks forward to welcoming them back.

In related news in LBM Journal: NELMA raises $100K for Maine Strong Foundation following fire at Robbins Lumber

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Smurfit Westrock announces €600 million investment ahead of Choose France summit

Smurfit Westrock
June 1, 2026
Category: Business & Politics
Region: International

Smurfit Westrock announced plans to invest approximately €600 million across its operations in France, reinforcing its long-term commitment to French manufacturing, innovation, and sustainability ahead of the Choose France initiative. Smurfit Westrock’s investment will take place over the next three to five years and will support the modernisation and decarbonisation of its operations; enhancing manufacturing efficiency, customer innovation, and sustainable packaging capabilities. Established in France for over 40 years, Smurfit Westrock employs approximately 6,000 people at 50 sites across the country.

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In the absence of a candidate, Fibre Excellence submits its own takeover offer

By Faustine Loison
Paper Industry Magazine
June 2, 2026
Category: Business & Politics
Region: International

©FibreExcellence

In the absence of an identified buyer, Fibre Excellence is attempting to take over its activities itself. The pulp producer, which operates two sites in Tarascon (Bouches-du-Rhône) and Saint-Gaudens (Haute-Garonne), submitted an offer to the Commercial Court on June 1 to ensure the continuity of its industrial and forestry sites, which have been in receivership since last April. The project concerns all the group’s assets, including Chapelle Darblay in Seine-Maritime closed since 2019 by UPM and all its 700-strong workforce. Jean-François Guillot, Chairman and CEO of Fibre Excellence, defends an approach driven by the company’s teams: “Management and I are backing this takeover offer because we firmly believe in the future of our sites.” …Management is conditioning its project on three decisions expected from the French government before June 17. The first concerns …the feed-in tariff for electricity generated at Fibre Excellence sites. …The second concerns wood supply. …Finally, [integration] into the European CO2 quota system.

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EU clears Suzano’s acquisition of Kimberly-Clark’s tissue business

By Markku Björkman
PulpPaperNews.com
June 1, 2026
Category: Business & Politics
Region: International

The European Commission has granted unconditional approval for Brazilian pulp and paper producer Suzano’s planned acquisition of Kimberly-Clark’s international tissue business, clearing the transaction without requiring any remedies or additional competition measures within the European Economic Area. The decision paves the way for Suzano to complete the takeover of Kimberly-Clark IFP NewCo B.V., a newly established entity that consolidates Kimberly-Clark’s International Family Care & Professional operations across Europe as well as several markets in Africa, Latin America, the Middle East, Asia and Oceania. The acquisition will significantly expand Suzano’s presence further down the value chain by combining its position as one of the world’s largest producers of bleached eucalyptus kraft pulp (BEKP) with Kimberly-Clark’s tissue operations, which include toilet paper, facial tissues, paper towels and professional hygiene products.

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UPM and Sappi Create Paper Giant in €1.42 Billion European Deal

By Markku Björkman
PulpPaperNews.com
May 29, 2026
Category: Business & Politics
Region: International

Finnish forest industry group UPM and South African paper producer Sappi have signed a definitive agreement to combine their European graphic paper operations into a new joint venture valued at approximately €1.42 billion. The transaction, announced in a stock exchange release by UPM, marks one of the most significant consolidation moves in Europe’s graphic paper sector in recent years. The new company will combine UPM Communication Papers with Sappi’s European graphic paper business. The partners will each hold a 50% stake and operate the venture as an independent company under an agreed shareholder framework. The deal comes as the graphic paper industry continues to struggle with long-term structural decline. Digitalisation, falling newspaper circulation and reduced demand for printed publications have forced producers across Europe to close mills, reduce capacity and pursue efficiency improvements. The companies estimate annual synergies of around €100 million through the combination.

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Province watching talks as potential buyers circle idled Terrace Bay pulp mill

By Ian Ross
Northern Ontario Business
May 27, 2026
Category: Business & Politics

ONTARIO –There’s some “high-level” chatter between the current owner of the idled Terrace Bay pulp mill and potential new ownership. And there may be multiple suitors. Kevin Holland, Ontario’s associate minister of forestry, said there’s definite interest in the AV Terrace Bay mill on the north shore of Lake Superior, which closed in 2024, impacting 400 workers. …The Thunder Bay–Atikokan MPP, who’s fronting the Ford government’s new forestry road map strategy, said the province “is very much open to entertaining any company that is interested in purchasing that mill and starting up operations. But the province will only step in when the conversations taking place between Birla and the “interested parties” reach a more advanced stage. …When Holland was asked if the proponents are interested in restarting the mill or are only fixated on the Crown fibre allotment attached to the mill, he responded: “It depends on the proponent.”

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