Category Archives: Business & Politics

Business & Politics

Warren Spitz, CEO of Upper Canada Forest Products, Awarded Honorary Doctor of Laws by UBC

Upper Canada Forest Products
March 30, 2026
Category: Business & Politics
Region: Canada

Warren Spitz

Warren Spitz, CEO of Upper Canada Forest Products, will receive an Honorary Doctor of Laws from the University of British Columbia during its Spring 2026 graduation ceremonies. The honour recognizes Warren’s outstanding contributions as a Canadian entrepreneur, philanthropist, and community leader. A proud UBC alumnus, Warren founded Upper Canada Forest Products in 1986 and has built the organization with a strong emphasis on integrity, leadership, and community responsibility. Alongside the company’s growth, he has demonstrated a lifelong commitment to education and giving back, values that continue to shape both his leadership and the culture of Upper Canada Forest Products. Warren’s philanthropic initiatives are deeply focused on Indigenous rights, education, and advancement. …This honorary degree is a testament to Warren’s enduring impact and his unwavering belief in the power of education, reconciliation, and community advancement.

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U.S. duties paid by Canadian softwood producers surpass $8-billion

By Brent Jang
The Globe and Mail
April 16, 2026
Category: Business & Politics
Region: Canada

Canadian softwood producers have now paid more than US$8-billion in US duties since 2017, as BC’s Forests Minister seeks to keep lumber on Ottawa’s radar to resolve the trade dispute. The issue of Canadian softwood shipments into the US is not directly addressed by the United States-Mexico-Canada Agreement. …About US$2-billion in interest has gradually piled up over the past nine years, bringing the value of duties paid plus interest to more than US$10-billion. …Last week, the US said it plans to decrease duties for Canadian softwood. …The revised anti-dumping and countervailing duties equal 24.83%, and when combined with the tariffs, the levies would total 34.83%. …Canfor would see its total levies decline to 31.02%, down from the current 47.59%. West Fraser’s duties would decrease to 20.70%, compared with the current 26.47%. The duty rate for Resolute FP, a subsidiary of Domtar, would drop to 24.95% from the current 35.16%. [to access the full story a Globe & Mail subscription is required]

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Canadian insurers fortify homes, urge Carney to put climate first as wildfire season kicks off

By Nivedita Balu
Reuters
April 14, 2026
Category: Business & Politics
Region: Canada

TORONTO – Worried about wildfires sending claims soaring this year, Canada’s property and casualty insurers are pushing owners to flood- and fire-proof ​homes and urging the government to take climate issues more seriously despite economic turmoil. Insurers Intact Financial, TD Insurance, Wawanesa and Definity Financial face financial pressure as claims surge and ‌in turn push up home-insurance premiums, which rose about 6% last year in Canada. They worry Prime Minister Mark Carney’s prioritization of energy and the economy over risks from climate change could contribute to more wildfire- and flood-related damage over time. Canada has seen record wildfire and flood damage in recent years. But calamity-prone regions are still insurable in Canada, unlike in some other countries where companies will not insure houses for wildfires. This year is expected to be ​among the hottest years on record.

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Canada launches probe into possible dumping of Chinese plywood

The Canadian Press in CTV News
April 14, 2026
Category: Business & Politics
Region: Canada, International

OTTAWA — The Canada Border Services Agency has launched a probe to determine if plywood is being subsidized or sold at unfair prices in Canada. A news release from the agency says the investigation began on April 10 and focuses on imports from producers operating in or exporting from China. It says the practices can harm Canadian industries by undercutting Canadian prices and undermining fair competition. The investigation comes after a complaint was filed by Columbia Forest Products and the Canadian Hardwood Plywood and Veneer Association, which say they’ve faced lost sales, poor financial results and reduced employment. The CBSA and the Canadian International Trade Tribunal are both involved in investigations of Chinese plywood. The tribunal will issue its decision by June 9, while the CBSA’s probe into unfair prices will reach a preliminary decision by July 9.

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Forsite launches unified brand, expands forestry capabilities across North America

By Sara Braun, VP, Marketing & Sales Operations
Forsite
April 14, 2026
Category: Business & Politics
Region: Canada, International

SALMON ARM, British Columbia — Forsite Consultants Ltd. today announced the launch of the unified Forsite brand and the integration of six specialized companies into one cohesive, fullservice organization. The milestone brings together decades of expertise in forestry, wildfire science and geospatial intelligence under a single, customer-focused platform serving clients across Canada and the United States. The new Forsite unites Barr Air Patrol, Barr Geospatial Solutions, Airborne Imaging Inc., Northwest Management Inc., Forcorp and Forsite Consultants Ltd., combining aerial LiDAR acquisition, advanced analytics and on-the-ground forestry expertise. The result is a single partner that supports clients from initial data capture through analysis, planning and field implementation. Expanded forestry capabilities under one brand Forsite’s forestry services now integrate field-based expertise with high-resolution remote sensing and advanced modeling, enabling more complete and actionable insights across complex landscapes.

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Mercer Bonds Sink as Pulp Firm Seeks to Strip Lender Protections

By Reshmi Basu
Bloomberg Markets
April 9, 2026
Category: Business & Politics
Region: Canada, International

Mercer International’s bonds slumped after it sought to ditch rules requiring equal treatment for all creditors — a move that would give the struggling pulp producer the power to pick and choose which lenders to favor in a restructuring. The company asked owners of its bonds due in 2028 and 2029 to remove a provision that forces it to pay all lenders equally when it seeks to strike a debt deal, according to people familiar with the matter who asked not to be identified discussing private information. Separately, a group of Mercer’s creditors has organized in anticipation of debt talks with the company and plans to sign a cooperation pact binding them to act together. …Mercer is grappling with weak earnings and dwindling cash flow that’s left it struggling under the weight of its debt, which stood at about $1.6 billion at the end of last year. S&P Global Ratings downgraded the firm to CCC+ in February.

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U.S. reduces duty rates on Canadian softwood but levies still hefty

By Brent Jang
The Globe and Mail
April 9, 2026
Category: Business & Politics
Region: Canada, United States

The U.S. Department of Commerce plans to reduce duty rates for most Canadian softwood producers, but they would still need to pay hefty levies of 34.83%. US import taxes on softwood lumber currently total 45.16% on most Canadian producers, including combined countervailing and anti-dumping duties of 35.16% and tariffs of 10%. In its announcement on Thursday, the Commerce Department said it expects to decrease the anti-dumping duty rates to 10.66% from 20.53 %. Most Canadian producers also face paying 14.17% for countervailing duties, down slightly from 14.63%. The revised anti-dumping and countervailing duties equal 24.83%, and when combined with the tariffs, the levies total 34.83%. …Kurt Niquidet, of the BC Lumber Trade Council said, “These duties continue to make it more expensive to build homes at a time when both countries should be working together to improve housing affordability.” …New duty rates are intended to take effect by late summer of 2026, subject to further revisions in a final determination. [to access the full story a Globe & Mail subscription is required]

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Continued Unfair Canadian Softwood Lumber Subsidies and Dumping Confirmed in Commerce Department’s Seventh Annual Review

The US Lumber Coalition
April 9, 2026
Category: Business & Politics
Region: Canada, United States

The US Department of Commerce announced the preliminary determination of a combined anti-subsidy and anti-dumping duty rate of 24.83% in the seventh annual review of unfairly traded Canadian softwood lumber imports into the United States. The review covers lumber imported in calendar year 2024. “The Commerce Department findings confirm, yet again, that Canada continues to trade unfairly in softwood lumber,” stated Zoltan van Heyningen, Executive Director. “Time has come for Canada to stop subsidizing its lumber industry and instead reduce its massive excess lumber production to meet market realities.” “Canada consumes an estimated 7 billion board feet of lumber, but has the capacity to produce 27 billion board feet of lumber,” continued van Heyningen. “Canada dumps 90 percent of its excess lumber capacity into the U.S. market, directly displacing U.S. manufacturing and U.S. jobs.”

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Canadian Resource Roadways into Forestry with Berland (Alberta Newsprint Company) Road Acquisition

By Canadian Resource Roadways
Cision Newswire
April 16, 2026
Category: Business & Politics
Region: Canada West

CALGARY, AB – Canadian Resource Roadways (CRR), a leader in resource infrastructure ownership and operations, has entered into an agreement with ANC Timber Ltd., an affiliate of the Alberta Newsprint Company (ANC), to acquire a 90% interest in the Berland Resource Road (ANC Road) in northwestern Alberta. …this transaction represents CRR making its first strategic partnership in the forestry sector. This marks an important step in the company’s strategy to extend its established resource infrastructure platform across all of Canada’s key resource industries. Following the acquisition, CRR will own and operate over 300 kilometres of resource roads across Alberta. ANC Timber is the woodlands arm of the Alberta Newsprint Company, Alberta’s only newsprint mill, located near Whitecourt, Alberta. The mill is a joint venture between entities controlled by Stern Partners and West Fraser Timber Co. Ltd., combining long-term private capital with one of North America’s leading forestry operators. 

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BC Wood is hiring a new CEO | Lead the future of BC’s value-added wood

By BC Wood Specialties Group
LinkedIn
April 15, 2026
Category: Business & Politics
Region: Canada West

BC Wood’s longtime CEO, Brian Hawrysh, has decided to retire after leading the organization for more than twenty years. … The work ahead for BC Wood and our next CEO is critical and that is why we are seeking the right individual to lead the Association and its membership into the next phase. The incoming CEO will take over at a pivotal time. With government and industry focused on diversifying away from turbulent markets, there are unprecedented growth opportunities for value-added wood manufacturers from BC. We are seeking a seasoned professional with direct experience in the BC wood-products sector. The ideal candidate should possess a good understanding of government policy, have high level administrative experience, and ideally either led, or been part of a high-functioning board. This position requires a collaborative leadership style, to continue working with the successful staff, many of whom have been with BC Wood for many years.

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K’ómoks Treaty Act introduced in B.C. legislature

Government of British Columbia
April 14, 2026
Category: Business & Politics
Region: Canada, Canada West

©VisitorinVictoria

The Province has introduced provincial treaty implementation legislation — the K’ómoks Treaty Act, 2026 — in the B.C. legislature as the first step in the provincial government’s ratification of the K’ómoks Treaty. A result of long-standing and comprehensive negotiations, treaties address a wide range of interests and are an important part of advancing reconciliation and recognizing First Nations’ inherent rights, including self-determination. The K’ómoks First Nation entered treaty negotiations in 1994 with the Government of Canada and BC. …K’ómoks has been working closely for many years with its partners in local government… and joining a $35.9-million partnership with Western Forest Products. …The treaty clearly defines K’ómoks First Nation’s ownership and management of mineral, forestry and other resources on treaty settlement lands. 

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Resolving softwood dispute mutually beneficial for Canada, U.S., B.C. premier says

By Brenna Owen
The Canadian Press in Business in Vancouver
April 10, 2026
Category: Business & Politics
Region: Canada, Canada West

VANCOUVER — Ottawa must make a case of “mutual benefit” with the United States as it advocates for Canada’s softwood lumber industry during trade negotiations, BC Premier David Eby said Friday… “the US cannot produce enough wood to meet its domestic demand.” …The premier’s remarks came after the U.S. Department of Commerce posted its preliminary tariff determination for the sector, with total duties estimated at just short of 25%, lower than the current rate of more than 35%. …COFI’s Kim Haakstad, agreed with the premier, saying it’s important for B.C. to ensure softwood lumber doesn’t “get lost” among other industries based in Eastern Canada. …The Independent Wood Processors Association said the US ruling was “further evidence” the softwood lumber dispute mechanism has become a “broken process”. The BC Lumber Trade Council said Canadian lumber producers continue to face “unjustified and punitive trade measures.” BC Forests Minister Ravi Parmar said the province was disappointed.

Related coverage:

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B.C. government easing carbon tax for pulp mills as industry grapples with future

By Mark Page
Victoria News
April 10, 2026
Category: Business & Politics
Region: Canada West

David Eby

Premier David Eby told the annual gathering of the B.C. Council of Forest Industries (COFI) on Friday said that the government plans to ease industrial carbon prices for pulp mills as the province’s forestry sector continues to struggle to remain competitive. “We have been working with COFI to address costs faced by the sector,” he said. “Whether it is in relation to water permits or carbon pricing.” B.C. axed its consumer carbon tax last year, but kept industrial carbon pricing, a mechanism by which companies must pay for the pollution they release into the atmosphere. This pricing system ideally encourages producers to clean up. But Eby says the government wants to make it fair for pulp mills, which cannot easily reduce emissions coming from lime kilns. “Putting costs on for no reason, for no end goal, is something that we do not want to do,” Eby said.

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Mirax Group Acquires Former Errington Cedar Sawmill

By Parm Binning, VP Business Development
Mirax Group
April 13, 2026
Category: Business & Politics
Region: Canada West

Abbotsford, BC — Mirax Group, a privately held, family-owned British Columbia company with deep roots in forestry, lumber manufacturing, value-added wood products, and diversified industrial operations, has acquired the former Errington Cedar Sawmill in Errington, BC. This strategic acquisition reinforces Mirax Group’s commitment to investing in the sustainable growth of British Columbia’s forestry sector, preserving local jobs, and enhancing supply chain resilience for cedar and softwood products destined for global markets. The Errington Cedar Sawmill, long recognized for its legacy in processing premium cedar products for domestic and international customers — faced closure in recent years following industry challenges. With the transaction now complete, Mirax Group will operate the facility as the Vancoast Sawmill division, and position the site as a cornerstone in its expanding coastal operations. …The company also plans to evaluate investments in modernized milling technology and value-added processing to enhance product diversity and competitiveness.

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Pacific Lumber Inspection Bureau has an immediate opening for the position of District Supervisor (Inspector) – Canadian Region.

Pacific Lumber Inspection Bureau
April 13, 2026
Category: Business & Politics
Region: Canada, Canada West

The Canadian District Supervisor position is a unique and highly sought after opportunity for those intimately involved in the quality control of lumber or manufactured wood products. PLIB’s District Supervisors are responsible for evaluating the quality of lumber, glulam, and wood packaging products. Our inspectors influence a wide range of important issues that impact the wood products industry through participation in the development of quality standards and educating mill personnel. PLIB’s Canadian Division serves a variety of producers across Western Canada. This position requires fully reimbursed travel. Interested candidates that meet the qualification criteria are encouraged to visit the PLIB website for a complete job description and application process.

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Latest U.S. softwood ruling exposes broken trade process, underscores need for negotiated resolution

By Brian Menzies, executive director
Independent Wood Processors Association
April 10, 2026
Category: Business & Politics
Region: Canada West

North Vancouver – The Independent Wood Processors Association (IWPA) says today’s preliminary U.S. softwood lumber duty ruling under Administrative Review 7 (AR7) is further evidence that the softwood lumber dispute has become a broken process that continues to punish businesses and consumers on both sides of the border without bringing either side closer to resolution. The U.S. Department of Commerce has posted a preliminary tariff determination expected to be finalized in August. The preliminary combined duty rate includes a countervailing duty (CVD) of 14.17 per cent and an anti-dumping duty (AD) of 10.66 per cent, for a total combined rate of 24.83 per cent. The current duty rate of 35.16 per cent will remain in effect until a final determination is issued. …The Independent Wood Processors Association says the ongoing dispute continues to unfairly harm companies that should never have been included in the first place. … “This ongoing cycle is creating uncertainty for businesses, workers, and consumers across North America and highlights the urgent need for a negotiated solution,” said Andy Rielly, Chair of the IWPA.

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Minister’s statement about administrative review results on Canadian softwood lumber duty

By Ministry of Forests
Government of British Columbia
April 9, 2026
Category: Business & Politics
Region: Canada, Canada West

Ravi Parmar, Minister of Forests, issued the following statement in response to the US Department of Commerce’s release of preliminary results of the seventh administrative review of its anti-dumping and countervailing duty orders on Canadian softwood lumber: “BC stands with all those across Canada in our disappointment that the US has signalled that it will continue to impose unwarranted and unfair duties on Canadian softwood lumber products. “These duties serve only to damage both of our economies by harming BC and Canadian communities, and increasing the cost of housing and renovations for American families.  “Duties on Canadian softwood lumber needlessly favour offshore imports that endanger North American jobs across the supply chain. Workers in BC, in Canada and in the US are worse off from duties on softwood lumber.

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B.C. forestry conference deals with Declaration of Rights of Indigenous Peoples Act amid industry struggles

By Amy Judd & Paul Johnson
Global News
April 9, 2026
Category: Business & Politics
Region: Canada West

Terry Teegee

[The Council of Forest Industries event] is underway in B.C. and perhaps, not surprisingly, Aboriginal title and the Declaration of Rights of Indigenous Peoples Act, or DRIPA, are top of mind for many. More than 600 industry, government and First Nations representatives are discussing the issues facing B.C.’s struggling forest industry. Terry Teegee, the Regional Chief of the B.C. Assembly of First Nations, gave the keynote speech at the conference. He once again offered reassurances that, while First Nations leaders reject any changes to DRIPA, this does not threaten private property. “Private property is private property,” Teegee said. “No First Nations want anything to do with private property. Rather, negotiations need to be had with this provincial government in regard to title. At the core of this commitment is free, prior, and informed consent. Teegee said that DRIPA should be fully implemented to allow for predictability and sustainability of forestry, mining and other resource industries.

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B.C. forest industry opens convention still looking for action on streamlining permits

By Derrick Penner
The Vancouver Sun
April 9, 2026
Category: Business & Politics
Region: Canada, Canada West

Makenzie Leine, Ravi Parmar & Kim Haastad

BC Forest Minister Ravi Parmar arrived at the Council of Forest Industries’ annual convention in Vancouver holding out the promise that policy changes at government-run BC Timber Sales will free-up some new timber for an industry that can’t get enough of its raw material. For the industry, however, changes that Parmar heralded in Bill 14 won’t come quickly enough to help and don’t get at their core problem with a permitting process that takes companies years to navigate before receiving permission to harvest trees. “It’s now taking two to three years, in many cases, to get a forestry permit,” Council of Forest Industries CEO Kim Haakstad said. “But we’ve seen mines approved in 10 months.” Haakstad said: “We’d just love to see the same in forestry.” …“I think that unless we see some more urgent action from the provincial government, it’s likely that we’ll see more closures this year,” she added.

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Four B.C. companies divvy $6.75 million in provincial funding to expand their work

Canadian Press in Business in Vancouver
April 8, 2026
Category: Business & Politics
Region: Canada West

KELOWNA — Four manufacturing businesses in British Columbia are being given a total of $6.75 million to help expand their production, while creating more than 100 jobs. B.C. Premier David Eby was in Kelowna to make the announcement on Wednesday, and says the funding will facilitate another $60 million or more in private capital investment by the firms. Recipients include Mako Wood Furniture to build a new facility in Merritt and Goodway Homes for a new manufacturing site in Malakwa…

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Economic impact report on forestry grim

By Cheryl Jahn
CKPG News Prince George
April 8, 2026
Category: Business & Politics
Region: Canada West

PRINCE GEORGE – “Every day I get a phone call from an employer, and the first thing that comes to my mind is, ‘Oh, we’re going to lose another operation.’ And right now we’re probably down to about half the membership we were, a number of years ago.” That’s the sentiment of the president of the United Steelworkers – the union representing forestry workers in northern and central B.C, Brian O’Rourke. And the numbers are startling. Comparing data compiled from 2024 to 2026, the amount of money invested in forestry in British Columbia dropped from $15.8 billion to $14.4 billion, while the number of people employed in the sector dropped by 5,000. First Nations are acutely impacted, with 4,800 directly employed in forestry leading up to 2024. That dropped to 2,600. Meanwhile, the amount of money the industry generates for the provincial coffers dropped dramatically from $17.4 billion to just $12.8 billion. …But the Council of Forest Industries is infinitely optimistic because – in the words of Kim Haakstad – everyone uses forestry is some fashion.

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COFI 2026: Looking to forestry to build a stronger B.C.

Global News
April 8, 2026
Category: Business & Politics
Region: Canada West

As forestry representatives gather in Vancouver for the annual COPI convention Global News Morning speaks with Kurt Niquidet of the BC Council of Forest Industries about the importance of the sector in B.C.’s overall fiscal health.

Additional video coverage from the CBC: B.C.’s forestry sector ‘in crisis’ amid 45% U.S. tariffs: economist As the B.C. softwood lumber sector continues to face struggles on two fronts — punishing U.S. duties and a complex regulatory regime in the province — a convention in Vancouver is looking at what the province can control to prevent more job losses in the sector. Kurt Niquidet, vice-president and chief economist at the Council of Forest Industries, said there’s a push to diversify products and exports.

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Employee of national non profit accused of $6M-plus fraud involving First Nations Guardians money

By Clare McFarlane
The Tofino-Ucluelet Westerly News
April 8, 2026
Category: Business & Politics
Region: Canada West

An employee at a national non-profit is accused of fraud involving more than $6 million in public funds earmarked for Indigenous Guardians programming. The First Nations National Guardians Network, or NGN, provides funding, networking, training and education opportunities that support First Nations-led stewardship and sovereignty. In an email, the non-profit – which administers funds from the federal Department of Environment and Climate Change – told operators of Guardians programs it had found “evidence of a sustained pattern of unauthorized financial transactions that appear to have been made by a member of staff.” An investigation identified suspicious transactions over a period of months… 90 Indigenous Guardians projects were funded through NGN in the 2023-24 fiscal year. In the North Island, they include Campbell River-based Homalco First Nation, which received $100,000, and Nanwakolas Council Society, an alliance headquartered in Campbell River that represents First Nations on the South Central Coast and northern Vancouver Island, which received $150,000.

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United Steelworkers welcome 147 new members following a strong organizing win at Weyerhaeuser in Kenora

United Steelworkers
April 17, 2026
Category: Business & Politics
Region: Canada East

Kenora, Ont. – The United Steelworkers (USW) are proud to welcome 147 new members following a strong organizing victory at Weyerhaeuser in Kenora, Ont. Workers voted overwhelmingly in favour of joining the union with 97% support. This is a clear demonstration of their desire for a stronger voice at work and a more secure future. “This result speaks volumes,” said Kevon Stewart, USW District 6 Director. “Workers at Weyerhaeuser came together with shared goals – to improve their working conditions, strengthen their rights and build a better future. We are proud to stand with them as they begin this next chapter.” The organizing campaign was driven by workers coming together and building support across the workplace. …This victory reflects a growing trend of workers across the forestry sector choosing to unionize and strengthen their collective voice on the job.

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Future of idled pulp mill in Terrace Bay raised at Queen’s Park

By Randy Thoms
Your Thunder Bay
April 14, 2026
Category: Business & Politics
Region: Canada East

©GoogleMaps

The Ford government is being accused of abandoning Terrace Bay. A proposal to purchase an AV Terrace Bay Pulp Mill was presented to the government last June. Thunder Bay-Superior North MPP Lise Vaugeois told the Ontario Legislature on Tuesday that it came from the United Steelworkers and an unnamed industrial developer. It proposed continuing to produce pulp or converting the mill to produce biofuels. She says the business plan was presented to the Ministry of Forestry, but the province has yet to respond. “The same company with the same proposal is now repurposing an idled mill in Quebec,” says Vaugeois. “The Ontario government has clearly abandoned the community of Terrace Bay, leaving them with toxic waste and the loss of their tax base.”

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Montreal Wood Convention tackles oil shock, lumber markets, and the economy

By Andrew Snook
Canadian Forest Industries
April 15, 2026
Category: Business & Politics
Region: Canada, Canada East

Paul Janke

The Montreal Wood Convention kicked off with a presentation by Benjamin Tal of CIBC Capital Markets. Tal said that the Canadian and US economies were already showing signs of weakness prior to the oil shock, so its duration will be the biggest factor. …Paul Jannke, at Forest Economic Advisors said the slowing of US homebuilding has led to significant closures of mills across all regions of the US. …“For the Canadian producers, you’re still not making money, likely, but if we then include the fact that 40% of your wood is going elsewhere, you’re back to more of a break-even point,” Jannke says. …Canadian lumber suppliers are facing a significant disadvantage when competing with European wood products for US market share. While there has been an aggressive call to expand outside of North America… Canada will face fierce competition from Russia and the US South.

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Word spreading of Northwest’s wooden power

By Sandi Krasowski
The Chronicle Journal
April 16, 2026
Category: Business & Politics
Region: Canada East

Thunder Bay’s forestry sector is in the spotlight at the Montréal Wood Convention 2026 this week, thanks to the Thunder Bay Community Economic Development Commission’s (CEDC) business development team. The three-day wood convention brings together leaders, innovators and experts from across the sector to foster collaboration and help shape the future of forestry and advanced wood products. Jamie Taylor, chief executive officer of the Thunder Bay CEDC, is in Montreal attending the conference and, along with her team, is promoting Thunder Bay’s strong value proposition in the forestry sector while strengthening connections with investors, partners and industry leaders. Her message to investors is that Thunder Bay has deep roots in forestry and a strong business ecosystem. …Taylor says by attending the Montréal Wood Convention, they are actively engaging with industry leaders to ensure the region remains competitive in today’s ever-changing landscape.

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Truck Operators Welcome Federal Fuel Tax Suspension and Encourages Continued Support for Small Carriers

By Canada Truck Operators Association
PR Newswire
April 14, 2026
Category: Business & Politics
Region: Canada, Canada East

Tejpreet Dulat

MISSISSAUGA — The Canadian Truck Operators Association (CTOA) welcomes the federal government’s announcement to temporarily suspend the federal fuel excise tax on diesel and gasoline, calling the measure a constructive and timely step that will provide short-term relief to trucking operators facing renewed fuel cost pressures. The federal government has indicated that the temporary measure will take effect on April 20 and remain in place until September 7, 2026. The suspension is expected to reduce diesel prices by approximately 4 cents per litre and is intended to help lower operating costs for truckers and businesses across key sectors of the economy. CTOA raised concerns on March 30 regarding rising diesel prices, exceeding $2.39 per litre in parts of the Greater Toronto Area, and the impact on small carriers and independent operators still recovering from a prolonged freight slowdown between 2022 and 2025.

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Ontario Continues to Call for the Full Removal of Duties and Tariffs on Softwood Lumber

By Kevin Holland, Mike Harris and Vic Fedeli
The Government of Ontario
April 10, 2026
Category: Business & Politics
Region: Canada, Canada East

TORONTO — Kevin Holland, Associate Minister of Forestry and Forest Products; Mike Harris, Minister of Natural Resources; and Vic Fedeli, Minister of Economic Development, Job Creation and Trade, issued a statement in response to a preliminary indication from the US which suggests that softwood lumber duties may decrease from the current rate of approximately 35% later this year: “Ontario’s forest sector has a global reputation as a leader in the G7 in the production of high-quality wood and wood products. …While this preliminary indication suggests some relief for softwood lumber producers later this year, Ontario remains firm that duties are unwarranted and not supported by the evidence. We continue to call for the full removal of all duties that raise costs for both American and Canadian families. These ongoing duties and tariffs reduce productivity, disrupt supply chains, drive up the cost of construction and make housing less affordable.”

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As the Newfoundland and Labrador newsprint industry sputters, these sawmill owners are framing up a bright future

By Terry Roberts
CBC News
April 13, 2026
Category: Business & Politics
Region: Canada, Canada East

When it comes to the future of the forest industry in Newfoundland and Labrador, the struggling newsprint mill in Corner Brook usually steals all the headlines. But some key players in the lumber manufacturing business say they’re framing up a solid future. And they have very different opinions when it comes to Kruger-owned Corner Brook Pulp and Paper, and that company’s $700-million strategy to modernize its paper making operations, and become a long-term electricity provider to the provincial power grid. “We’re confident in [Kruger’s] plans … for the future, and we’re confident in the direction the forest industry is going to take in Newfoundland,” says Kyle Osmond, operations manager at the family-owned Burton’s Cove Lumber and Logging mill in Hampden, White Bay. …So as the forest industry navigates yet another crucial period in its long history, the often-overshadowed sawmill sector is keen to emerge from the shadows, but their business approach is markedly different.

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International Paper to Acquire North Pacific Paper Company

International Paper
April 16, 2026
Category: Business & Politics
Region: United States

MEMPHIS — International Paper has entered into an agreement to acquire North Pacific Paper Company (NORPAC), a portfolio company of One Rock Capital Partners, for $360MM. NORPAC is a US-based paper manufacturer operating out of Longview, Washington. The company employs approximately 500 people at its paper mill, where it operates three industry-leading machines that produce approximately one million tons of containerboard and other grades annually. …Tom Hamic, Executive Vice President and President, Packaging Solutions North America, International Paper said “NORPAC’s attractive customer base, location and operational capabilities strengthen our ability to serve customers in the growing West Coast region. …The acquisition of NORPAC is part of International Paper’s strategic transformation to maximize value creation for customers, shareholders and employees. The acquisition is subject to regulatory approval.

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EU trade surplus shrinks 60% as U.S. exports fall due to tariffs

By Philip Blenkinsop
Reuters in BNN Bloomberg
April 17, 2026
Category: Business & Politics
Region: United States, International

BRUSSELS — The European Union’s trade surplus with the rest of the world shrank by 60 per cent in February as exports to the United States dropped by more than a quarter, with U.S. import tariffs of 15 per cent largely in place on EU goods. EU exports as a whole were 9.3 per cent lower in February than a year earlier, while imports were down 3.5 per cent, EU statistics office Eurostat said on Friday. The largest export decline was towards the U.S., with a drop of 26.4 per cent, while imports from the United States were 3.2 per cent lower. EU exports to China were also down. A year ago, EU exporters had begun front-loading shipments to the U.S. in anticipation of U.S. President Donald Trump’s tariffs, inflating the export figures for early 2025 and potentially explaining February’s sharp decline. Exports to the United States in February 2025 rose by 22.4 per cent year-on-year.

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Kimberly-Clark Announces Post-Closing Organizational Structure and Identifies Key Leadership

By Kimberly-Clark Corporation
PR Newswire
April 15, 2026
Category: Business & Politics
Region: United States

DALLAS — Kimberly‑Clark announced the organizational structure and key leadership that will become effective upon completion of its pending acquisition of Kenvue Inc. …After close, the combined company will operate with four business segments, each driving a focus on winning in its local markets: North America, Asia Pacific Focus Markets, Europe, Middle East, and Africa (EMEA); and Enterprise Markets. Mr. Hsu will continue to serve as Chairman and CEO. The following future leaders will report directly to Mr. Hsu: Russ Torres, Group President and Chief Operations Officer, John Carmichael, President North America, Katy Chen, President Asia Pacific Focus Markets, and Carlton Lawson, President EMEA. …The transaction remains on track to close in the second half of 2026.

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U.S. Endowment Launches $5 Million Funding Opportunity to Accelerate Wood Fiber Markets

The US Endowment for Forestry and Communities
April 15, 2026
Category: Business & Politics
Region: United States

The U.S. Endowment for Forestry and Communities today announced a $5 million funding opportunity to connect underutilized wood fiber with new buyers, strengthen regional supply chains and keep working forests economically viable. This effort will invest up to $1 million per year over five years in organizations that can develop durable market solutions, helping keep working forests productive and rural economies strong, especially in regions facing reduced processing capacity and shifting market conditions.  An additional $500,000 is available for projects in Maine, New Hampshire, New York and Vermont through a partnership with the Northern Border Regional Commission’s Forest Economy Initiative. When local wood markets weaken, the impact ripples across entire communities, affecting landowners, loggers, hauling businesses and manufacturers. Without reliable markets, it becomes harder to keep forests actively managed and economically viable. The Endowment expects to select three to five organizations by June 2026 for five-year agreements focused on practical market-building work.

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Geopolitics strain paper mills in the Gulf region

By markku Björkman
PulpaperNews.com
April 14, 2026
Category: Business & Politics
Region: United States, International

Rising tensions between the United States and Iran are creating mounting challenges for recycled paper mills across the Gulf region, known as the GCC. The sector is heavily dependent on imported recovered paper, particularly OCC (old corrugated containers) and mixed waste paper from Europe, the United States and Asia. Geopolitical instability has led to higher freight costs, increased insurance premiums and growing uncertainty in supply chains. Although local waste paper collection remains relatively stable, the unpredictability of imports has made procurement strategies more complex. Delays and disruptions in shipments risk directly affecting production. At the same time, the cost of key inputs is rising. Prices for chemicals, starch and spare parts are increasing due to logistical bottlenecks and delayed deliveries. …Despite these pressures, the market outlook in the Middle East remains relatively stable in the short term. …However, prolonged geopolitical uncertainty could gradually dampen industrial activity and consumption.

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Clearwater Paper Reduces SBS Production at its Arkansas Facility

By Clearwater Paper Corporation
Businesswire
April 9, 2026
Category: Business & Politics
Region: United States, US East

SPOKANE, Washington — Clearwater Paper announced the restructuring of its Cypress Bend, Arkansas facility, resulting in the reduction of approximately 20% of salaried and hourly roles at the facility. The company plans to operate the facility at about half of its production capability. The company expects these actions to deliver $8 to $12 million of annualized cost savings, while not impacting shipment volumes. “We are faced with a supply driven downturn in our industry that is pressing margins and cash flows. We’ve made this difficult decision to improve our operating rates and reduce costs,” said Arsen Kitch, president and CEO. …The company will provide severance packages, healthcare subsidies, and outplacement services to impacted employees, and work with the union through effects bargaining.

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A shipment of Austrian timber and its tortuous new route to Qatar

By Andrew Mills, Nazih Osseiran & Sarah El Safty
Reuters
April 14, 2026
Category: Business & Politics
Region: International

DOHA, Qatar — Until the Iran war, shipments of Austrian spruce timber to Qatar, where the wood is used to support concrete and make basic frames on construction sites, were a matter of routine. The standard 2×4 was typically sourced from Austria, shipped to Dubai’s Jebel Ali port, transferred to a feeder vessel and delivered to Qatar’s Hamad Port in about 45 days. It must now be offloaded, trucked overland and reloaded onto ‌new ships, adding thousands of dollars in costs and months to delivery times. …The detour added a surcharge of about $3,600 per container – some shippers quoted the supplier surcharges as high as $5,000 per container – more than triple the normal cost of shipping…and delivery is expected to take another one to two months. …Several containers of plywood spent weeks at sea before being returned to port, underscoring how importers lose control over shipments once they are on the water.

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European Commission acts against dumped imports of softwood plywood from Brazil

The European Commission
April 15, 2026
Category: Business & Politics
Region: International

The imposed definitive anti-dumping duties stand at 5.4% for all Brazilian exporters except for one company, for which no dumping was found. Provisional duties have already been imposed since 4 November 2025, at the same level. The imposition of the definitive duties follows an investigation which found that imports of softwood plywood from Brazil was entering the EU at dumped prices. This is causing injury to the EU’s softwood plywood industry, which is located throughout the EU and employs over 1,500 people. Softwood plywood is used in a wide variety of final applications, including in construction, furniture manufacturing, transport, packaging, flooring and roofing. The total EU consumption value of softwood plywood is estimated to stand at €600 million per year, of which €216 million is imported from Brazil. The overall value of imports from outside the EU is €352 million.

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Half of Russia’s forest companies could face bankruptcy by end-2026

The Lesprom Network
April 9, 2026
Category: Business & Politics
Region: International

Russia’s forest industry warns that up to 50% of companies could shut by the end of 2026 as lower export prices, higher transport costs and a strong ruble push producers deeper into losses. Regional lawmakers and industry participants ask First Deputy Prime Minister Denis Manturov to approve a three-year moratorium on creditor-initiated bankruptcy cases in the sector, along with tax deferrals and a pause on debt collection for liabilities accumulated by January 1, 2026, Russian Kommersant newspaper reports, citing a committee of the Arkhangelsk regional assembly. The draft says even large companies in the region have exhausted their financial reserves, are operating at a loss and are starting to miss tax and other mandatory payments. It puts total sector losses over the past three years at more than 15 billion rubles. State support for exporters also drops sharply, with compensation for forest export costs falling from 7.6 billion rubles in 2023 to 550 million in 2026.

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Will shipping in the strait of Hormuz – and oil prices – return to normal?

By Joanna Partridge and Jillian Ambrose
The Guardian UK
April 8, 2026
Category: Business & Politics
Region: International

If the US-Israeli ceasefire with Iran holds, it could offer the clearest hope of an end to the energy crisis since Iran’s Revolutionary Guards assumed control of the strait of Hormuz. …Even if the temporary detente manages to hold and hundreds of tankers stranded in the Gulf start to transit once more, analysts fear that will not be enough to return the flow of oil, gas, chemicals and other vital items to pre-crisis levels. An estimated 2,000 vessels have been trapped in the Gulf. …Shipping analysts predict operators will gain confidence once a ship owned by a large European company has safely made the crossing. However, they caution that it is a different matter for empty ships to decide to enter the strait to load up at the region’s ports, and it is unclear when this may start to happen. …Experts have said it could take months or years to fully restore the Gulf’s energy production.

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