Category Archives: Business & Politics

Business & Politics

Do Canadian Taxpayers Understand That Canada’s Billion Dollar Lumber Aid Packages Eventually End Up In the U.S. Treasury?

The US Lumber Coalition
October 20, 2025
Category: Business & Politics
Region: Canada, United States

On Thursday, Minister Joly announced the fast tracking of Prime Minister Carney’s recent $1.2 billion dollar subsidy package for Canada’s lumber industry aimed at neutralizing U.S. antidumping and countervailing lumber duties. “Targeted industry support like this is exactly the type of unfair subsidy that our longstanding trade laws are designed to address,” said Zoltan van Heyningen. …“I am sure that President Trump and his Administration are watching Canada’s unrelenting announcements of new multibillion-dollar subsidies for Canada’s already heavily subsidized lumber industry. We hope that President Trump will adjust upward his Section 232 lumber tariff measures in response to each new massive subsidy announcement by the Canadian government,” continued van Heyningen. …”The rhetoric from Canadian industry and provincial officials claiming that their ‘wood’ is better and invoking ‘Russia,’ it is all sounding very desperate and much more like a guilty plea,” concluded van Heyningen.

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Interfor Announces Incremental Lumber Production Curtailments for the Fourth Quarter of 2025

Interfor Corporation
October 17, 2025
Category: Business & Politics
Region: Canada, United States

BURNABY, BC — Interfor announced today revised operating plans for the fourth quarter of 2025. Due to persistently weak market conditions and ongoing economic uncertainty, Interfor will further temporarily reduce lumber production across its operations in British Columbia, Ontario, the US Pacific Northwest and the US South. These curtailments are expected to reduce lumber production in the fourth quarter of 2025 by approximately 250 million board feet, or 26%, as compared to the second quarter of 2025, which reflected a more normal operating stance. The curtailment volumes are approximately evenly split between Interfor’s Canadian and U.S. operations. …These curtailments are an amendment to Interfor’s previously announced curtailments on September 4, 2025. “Lumber prices in all regions of North America have continued to weaken, from already unsustainably low levels,” said Ian Fillinger, Interfor’s CEO. …While necessary, we fully recognize the impact these actions will have on our employees, contractors, suppliers and communities.”

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‘Now is the time to talk’: Carney rules out hitting the U.S. with retaliatory tariffs

By John Paul Tasker
CBC News
October 16, 2025
Category: Business & Politics
Region: Canada, United States

Mark Carney

OTTAWA — Prime Minister Mark Carney said Thursday his government is not considering hitting American goods with more retaliatory tariffs, even as the trade war rages on, because there are signs that the bilateral talks on relief are headed in the right direction. Carney is facing pressure from some premiers, like Ontario’s Doug Ford, and organized labour to take on US President Trump as he ramps up his tariffs on critical sectors — levies that have drawn jobs and investment away from Canada. …”There’s time to hit back and there’s time to talk. And right now, it’s time to talk,” Carney told reporters. “We’re having intense negotiations.” Canada-U.S. Trade Minister Dominic LeBlanc is back in Washington. …While the so-called Section 232 tariffs on steel, aluminum, lumber and autos have been particularly punitive, most other Canadian goods continue to trade into the U.S. tariff-free. 

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Industry minister says relief coming for tariff-hit softwood lumber sector

By Catherine Morrison
The Canadian Press in Business in Vancouver
October 15, 2025
Category: Business & Politics
Region: Canada, United States

Mélanie Joly

OTTAWA — Federal Industry Minister Mélanie Joly said financial relief is coming soon for Canada’s tariff-struck softwood lumber sector. The minister said the government will provide funding through banks, backstopped by the Business Development Bank of Canada, in the “coming days.” “That’s for supporting, right now, our businesses to make sure that they stay afloat,” Joly said. …In August, Prime Minister Mark Carney announced a $1.25 billion aid package to support the softwood lumber sector. Joly said the funding will go toward ensuring businesses stay afloat while dealing with “unjustifiable” tariffs, adding the government will also offer support for operations and capital expenditures. The minister said the government funding will be provided based on individual companies’ needs. …”BDC emphasized the program is not intended as a cure-all for the sector’s considerable challenges but rather act as a complementary tool… to help these businesses continue to operate and better manage through an ever-evolving situation”.

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‘Razor’s edge of survival:’ B.C. Premier David Eby decries increasing softwood tariffs

By Ashley Joannou
The Canadian Press in the Vancouver Sun
October 14, 2025
Category: Business & Politics
Region: Canada, United States

David Eby

BC’s softwood industry is facing an “existential threat” from increasing U.S. tariffs that needs to be treated with the same urgency by the federal government as threats to Canadian steel and auto jobs, B.C. Premier David Eby says. Eby held a news conference Tuesday, surrounded by union and industry representatives on the same day an additional 10% duty came into effect. …“When auto parts makers, … when steelworkers in Ontario are in trouble it’s treated as a national emergency, and rightly so. These are foundational industries for Ontario, for Canada,” Eby said. “What we’re asking for today is that same respect, that same concern, that same sense of emergency, is shared for the forest sector in this country.” …“I’m afraid some will not survive the current state of affairs. Mill workers, loggers, truckers, contractors and all the jobs dependent on an active forestry industry are all under imminent threat.”

In related coverage:

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‘We have to scratch, claw and fight to make sure we survive’: CEO of business hit by lumber tariffs

CTV News
October 14, 2025
Category: Business & Politics
Region: Canada, United States
 

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Why higher tariffs on Canadian lumber may not be enough to stimulate long-term investments in US forestry

By Andrew Muhammad & Adam Taylor, University of Tennessee
The Conversation US
October 15, 2025
Category: Business & Politics
Region: Canada, United States

The US imports about 40% of the softwood lumber the nation uses each year, more than 80% of that from Canada. President Trump says that the US has the capacity to meet 95% of softwood lumber demand and directed federal officials to update policies and regulatory guidelines to expand domestic timber harvesting and curb the arrival of foreign lumber. …As researchers studying the forestry sector and international trade, we recognize that the US has ample forest resources. But replacing imports with domestic lumber isn’t as simple as it sounds. There are differences in tree species and quality, and U.S. lumber often comes at a higher cost, even with tariffs on imports. Challenges like limited labor and manufacturing capacity require long-term investments, which temporary tariffs and uncertain trade policies often fail to encourage. In addition, the amount of lumber imported tends to mirror the boom-and-bust cycles of housing construction, a dynamic that tariffs alone are unlikely to change.

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US Lumber Coalition re-ups support for Trump’s tariffs, says NAHB peddles false narrative on housing affordability

By Zoltan van Heyningen
The US Lumber Coalition
October 14, 2025
Category: Business & Politics
Region: Canada, United States

WASHINGTON, D.C. – “The U.S. Lumber Coalition applauds President Trump’s imposition of an additional 10 percent tariff against unfairly traded lumber imports.  “Predictably, the National Association of Homebuilders (NAHB) is attacking President Trump’s decisive and pivotal trade law enforcement actions by continuing to peddle the false narrative that holding Canada to account for its ever-increasing and egregious unfair trade practices will somehow exacerbate the problem of U.S. housing affordability,” stated Zoltan van Heyningen of the U.S. Lumber Coalition. “What NAHB won’t point out is that lumber prices have declined since antidumping and countervailing duties increased to 35.16%… and especially not that their own profit margins in recent years have increased from 11% to almost 16%,” added van Heyningen….Enforcing the U.S. trade laws helps increase the U.S. supply of lumber to build American homes, all without impacting the cost of a new home, as demonstrated by data from the NAHB and Fastmarkets Random Lengths.

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Trump Ramps Up Trade War as New Tariffs on Lumber and Furniture Take Effect

By Ana Swanson and Sydney Ember
The New York Times
October 14, 2025
Category: Business & Politics
Region: Canada, United States

President Trump ushered in new tariffs on imported furniture, kitchen cabinets and lumber on Tuesday, adding a fresh round of levies as he once again threatened to expand his trade war with China. Tariffs ranging from 10% to 50% on foreign wood products and furniture snapped into effect just after midnight. The tariffs are meant to encourage more domestic logging and furniture manufacturing. But critics say that the levies will raise prices for American consumers and could slow industries including home building that rely on materials from abroad. …Critics have called it a stretch to issue the furniture and lumber tariffs under the national-security-related law. …Some American manufacturers lobbied for the tariffs. …Some economists expect the higher price of lumber, along with home furnishings, will slow the pace of home building. That could set back the Trump administration’s goals of improving a weak housing market. [to assess the full story a NY Times subscription is required]

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Trump’s Lumber Tariffs Take Hold, Threatening to Hike Home Costs

By Jennifer A Dlouhy
Bloomberg News
October 14, 2025
Category: Business & Politics
Region: Canada, United States

The US is now collecting tariffs on imported timber, lumber, kitchen cabinets, bathroom vanities and upholstered furniture, duties that threaten to raise the cost of renovations and deter new home purchases. …Trump described his wood and furniture tariffs as helping to “strengthen supply chains… and increase domestic capacity utilization for wood products.” Yet economists and homebuilders have warned they also could create obstacles to another of Trump’s goals: boosting homebuilding and sales. Trump has for months cajoled Federal Reserve Chair Jerome Powell to lower rates in part to boost home affordability, but critics say the new tariffs could more than offset any gains from lower mortgage and lending costs. Roughly 7% of all goods used in new residential construction come from foreign suppliers, according to the NAHB. Even without new import taxes, the group has said the cost of building materials has risen by 34% since Dec. 2020. [to access the full story a Bloomberg subscription is required]

Related in the Associated Free Press: Trump tariffs on timber, furniture take effect

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Forest Sector Faces 45% Tariffs – Urgent Action Required

Forest Products Association of Canada
October 14, 2025
Category: Business & Politics
Region: Canada

The Forest Products Association of Canada (FPAC) is extremely frustrated and deeply concerned by the U.S. government’s decision to impose Section 232 tariffs on Canadian softwood lumber and derivative products. These unjustified measures, which take effect today, threaten the livelihoods of more than 200,000 Canadians and the stability of hundreds of towns and cities that rely on a strong forest sector. “For eight years, forest workers and communities across Canada have borne the brunt of increasing duties—now exceeding 45 percent with the addition of these new tariffs,” said Derek Nighbor, President and CEO of FPAC. “These are punitive, protectionist measures with no basis in fact. They ignore decades of evidence that Canadian lumber strengthens, rather than threatens, U.S. national security and economic resilience.” Targeting responsibly managed, sustainably sourced Canadian wood products under the pretense of national security is both unjustified and deeply damaging. These actions undermine one of the most integrated, mutually beneficial trade relationships in the world, increasing costs for American families and homebuilders while jeopardising Canadian mills and workers.

Enough is enough.

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Lumber industry ‘deeply disappointed’ by Mark Carney’s silence on Donald Trump’s tariffs

By Tonda MacCharles, Ottawa Bureau Chief
Toronto Star
October 9, 2025
Category: Business & Politics
Region: Canada

Luc Thériault

OTTAWA — The chummy Washington trip that saw Mark Carney dine with Vice President JD Vance and his family … left Canadian lumber representatives fuming. They say Donald Trump’s tariffs are crushing them yet didn’t even warrant a mention in the Oval Office. …Luc Theriault, co-chair of the Canadian Lumber Trade Alliance, said that the Carney government has paid “lip service” to the need to resolve lumber tariffs in recent months, while telling the industry to co-ordinate their positions and form a common front. But in Washington Tuesday, the prime minister was publicly silent on 35-per-cent lumber tariffs that are set to rise to 45 per cent next week and which Theriault says are a blow to the sector. “We’re deeply disappointed,” Theriault said. …He said the American lumber lobby is a powerful influence in Washington, but there are substantive arguments to reject Trump’s claim that America does not need Canadian wood products.

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Interfor curtails Adams Lake as tariffs hit home directly for hundreds in Kamloops area

By Jeff Andreas and Paul James
Radio NL – Kamloops News
October 17, 2025
Category: Business & Politics
Region: Canada West

Ward Stamer

A two‑week curtailment at Interfor’s Adams Lake sawmill, announced Friday, threatens the livelihoods of roughly 400 families in the region, according to Ward Stamer, BC Conservative Forest Critic and MLA for Kamloops‑North Thompson. In an interview with Radio NL, Stamer warned that this latest shutdown is symptomatic of deeper troubles in B.C.’s forestry sector, pointing to rising costs, U.S. tariffs, and regulatory delays as key drivers of the crisis. …“Grand Forks was the first domino to fall a couple of weeks ago, and now it’s Adams Lake. It’s devastating,” said Stamer. …Stamer emphasized that the forestry industry requires the same urgency and coordinated response as other major sectors… “This is just as serious as what’s happening in the auto industry, or energy, or mining,” he said. “If Ottawa won’t push back on tariffs, then we need other tools. Right now, we’re just pointing fingers while communities suffer.”

Additional coverage in CKPG, by James Peters: Forests critic warns Shuswap-area Interfor mill curtailment could lead to domino effect 

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Forestry is a Solution | 2026 COFI Convention

Council of Forest Industries
October 16, 2025
Category: Business & Politics
Region: Canada West

British Columbia’s forest sector is at a crossroads — facing tough challenges, but also leading the way in solutions that matter most to our province: housing, wildfire resilience, reconciliation, and sustainable economic growth. At the 2026 COFI Convention, leaders from across industry, government, and Indigenous and community partners will come together to rebuild competitiveness and chart the future of a strong, sustainable forest sector. Join us in Vancouver for the largest forest sector gathering in Western Canada. April 8 – 10, 2026 at the JW Marriot Parq Vancouver

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Tariff worries pile on wildfires worries for Sask. forestry industry

By Lisa Schick
989 CJME
October 16, 2025
Category: Business & Politics
Region: Canada West

New tariffs on softwood lumber imports implemented by the U.S. this week are adding another concern for the industry in Saskatchewan, which was already concerned about its future after this year’s massive wildfire season. The effective new tariff amount for softwood lumber into the U.S. is 45 per cent, which Carl Neggers said could mean tens of millions of dollars to the industry in this province – he’s the CEO of Forest Saskatchewan, an industry advocacy group. …the recent Trump tariffs on finished products like dimensional lumber are affecting Saskatchewan mills significantly. …He suggested diversification of product, like taking Saskatchewan lumber and building pre-fab homes in the province and using them for places like First Nations and communities impacted by wildfires. …”We don’t want the bigger provinces taking advantage of our power positions and marginalizing our industry,” he said. …in 2023 the province sold $101,638,000 of lumber products into the U.S.

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Mercer Celgar Pulp penalized for toxic emissions, monitoring failures

By Stefan Labbe
Business in Vancouver
October 16, 2025
Category: Business & Politics
Region: Canada, Canada West

CASTLEGAR, BC – A BC pulp and paper mill has been penalized more than $21,000 for releasing potentially toxic emissions and failing to monitor what comes out of its smoke stacks. The penalties to Mercer Celgar Pulp come after the company was found to have breached the amount of odorous total reduced sulphur it can release spanning 2023 to 2025. …The company was also found to have failed to monitor a number of air pollutants — including sulphur dioxide, nitrous oxide and chlorine dioxide. …In her ruling, director of the Environmental Management Act Stephanie Little found Mercer Celgar’s breaches should be classified as moderate contraventions because at low concentrations total reduced sulphur “is generally associated with nuisance rather than a risk of significant adverse health effects.” Past decisions against the company show it had planned to make a number of capital improvements to the mill by 2026.

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BMI Group Acquires Former Mackenzie Paper Mill, Establishing Willmarck Mackenzie, a New Chapter of Industrial Readiness in Northern BC

By BMI Group
Cision Newswire
October 17, 2025
Category: Business & Politics
Region: Canada West

MACKENZIE, BC – The BMI Group has completed the acquisition of the former Mackenzie Paper Mill, marking a key step in advancing industrial readiness across British Columbia’s northern resource corridor. The 885-acre property, which includes … direct rail access, will be re-established as Willmarck Mackenzie, a name that reflects both geography and legacy. As a strategic site with regional potential, Willmarck represents the place where forests, waters, and industry converge to shape the future on the shores of Williston Lake. Located in a resource-rich district … Willmarck offers multimodal transport access through CN Rail and key highway networks. The site’s scale and connectivity position it for adaptive reuse across a range of industrial and logistics applications consistent with BMI’s readiness and renewal approach. The property complements BMI’s national portfolio of former paper and industrial sites …which have been repositioned as multimodal, logistics, and critical-mineral hubs serving Canada’s next-generation resource and manufacturing economy.

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Why are BC’s forestry jobs going to the US? Payroll costs, carbon tax

By Dan Albas, Conservative MP, Okanagan Lake West-South Kelowna
Penticton Now
October 16, 2025
Category: Business & Politics
Region: Canada West

Dan Albas

Canada’s competitiveness in key industries has been under pressure for years — and recent developments show the problem is worsening, with new waves of job losses hitting strategic sectors. Nearly six years ago Kelowna residents were alarmed by news that our local Tolko lumber mill would close, leaving about 174 employees out of work. … In that same period, Canfor curtailed operations at all of its B.C. sawmills for two weeks over the holidays due to high fibre costs and weak markets, affecting roughly 2,100 workers. At the time, I argued that some B.C. forest companies were not leaving the industry so much as leaving British Columbia, redirecting investment to U.S. mills where policy and cost structures are more competitive. Unfortunately, the trend has intensified in the Interior. …The policy advantages on the U.S. side make their jurisdictions more attractive for capital, which pulls jobs and production away from communities in B.C.’s Interior.

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Squamish council approves Van Urban Timber sawmill expansion

By Jennifer Thuncher
The Squamish Chief
October 15, 2025
Category: Business & Politics
Region: Canada West

Van Urban Timber is set to expand its operations in the Squamish Business Park following council approval of a development permit. They applied to the District for a development permit to allow them to build an accessory building to house a sawmill in the Squamish Business Park. Council voted 6-1 in support of issuing the development permit allowing expansion. The proposal came before council because the application included variances. The company has operated on the property since 2022. Currently, the property includes a sawmill and retail lumber yard, as well as accessory and storage buildings. The new building would replace the existing smaller sawmill. … “A wood processing facility that wants to expand, I think is great news for our local economy, and what’s being sought in this application I find to be completely reasonable within the industrial setting that it’s proposed,” he Coun. John French.

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Tariffs, duties to take heavy toll on B.C. sawmills

Nelson Bennett
Business in Vancouver
October 15, 2025
Category: Business & Politics
Region: Canada, Canada West

Kurt Niquidet

Some sawmill workers in BC should brace for layoff notices, sometime between now and Christmas. With lumber prices below the break-even point for many lumber producers, and new 10% American tariffs being tacked onto 35% duties, it’s inevitable some sawmills will have to take at least temporary curtailments, industry experts say. …Unless President Trump executes one of his famous policy pirouettes, the new tariffs could cost Canadian lumber exporters about US$500 million a year. “If you don’t see markets pick up, I could certainly see more curtailments coming,” said Kurt Niquidet, for the Council of Forest Industries. “The major curtailments are yet to come,” said analyst Russ Taylor. “There’s got to be a ton of them coming to be able to get supply and demand back into balance.” …Jeff Bromley, for the United Steelworkers: “With nearly half the value of every Canadian lumber shipment being siphoned off at the border, whole towns are facing devastating consequences.”

Related coverage by:

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Should B.C. retaliate against U.S. duties on softwood lumber with a levy on U.S. coal moving through B.C. ports?

Castanet
October 14, 2025
Category: Business & Politics
Region: Canada, Canada West

Ward Stamer

British Columbia’s Opposition Leader John Rustad and forestry critic Ward Stamer say B.C. should “get tougher” to fight back against increasing U.S. tariffs on Canadian softwood lumber. …In a joint statement, Rustad and Stamer said the forestry sector has been in decline for eights years under the NDP and the province could be doing more in B.C. to make more wood available, fix the cost structure and “put the feet back under” the sector. The MLAs said the province needs to “get tougher” to deal with Trump, starting with a levy on U.S. thermal coal that moves through B.C. ports. “If that’s not enough, those shipments should be outright banned to put real pressure on the U.S. and bring them to the table,” the statement reads. Stamer said the new tariffs will be “the final blow” to forestry workers and communities that have been “paying the price” for years.

Related coverage:

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Statement from British Columbia’s Forest Sector

Council of Forest Industries
October 14, 2025
Category: Business & Politics
Region: Canada West

Vancouver, BC The BC forest sector calls on the Government of Canada to bring the same urgency to the lumber file as it has to steel, aluminum, and energy. Our industry is facing an unprecedented period of challenge. On top of the existing 35% softwood lumber duties, the United States has now imposed an additional 10% tariff—wrongly claiming that Canadian lumber and forest products represent a national security threat. These unwarranted and unjustified trade actions are having devastating impacts and the lack of tangible progress for forest sector workers and communities is deeply concerning. …We cannot continue to manage the decline of this foundational industry. We must focus on rebuilding competitiveness, driving innovation, and strengthening the entire value chain. Forestry remains a cornerstone of the provincial and national economy—a major project that can deliver tangible results now, if given the necessary attention and support.

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Registration for the TLA 81st Annual TLA Convention + Trade Show is now OPEN!

BC Truck Loggers Association
October 15, 2025
Category: Business & Politics
Region: Canada West

The TLA welcomes delegates back to the 81st Annual Convention + Trade Show. This years theme is Fostering Collaboration & Partnerships. Join us January 14-16, 2026, at the Bayshore Hotel in Vancouver. The power of working together is the key to building a stronger, more sustainable forestry sector. Across BC’s forest industry—from contractors and licensees to government, Indigenous communities, and suppliers—collaboration opens the door to innovation, shared success, and long-term growth. In a time of change and challenges, partnership is more than a strategy; it’s a foundation for progress. By strengthening relationships and aligning our efforts, we move forward with greater unity, purpose, and confidence—shaping a future that reflects the best of what we can achieve together. This year’s event offers TLA members and non-members an all-inclusive registration pass, granting access to all sessions and events throughout the convention. Tickets to Suppliers Night and Lunch on the Trade Show Floor can be purchased on an individual basis. 

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B.C. government experts including engineers, foresters expand strike provincewide

By Brenna Owen
Canadian Press in Business in Vancouver
October 9, 2025
Category: Business & Politics
Region: Canada, Canada West

©Facebook

Two unions representing British Columbia professionals and public service workers escalated their weeks-long job action on Thursday to include about 26,000 staff across more than 20 ministries and provincial Crown corporations and agencies. The Professional Employees Association, whose members include engineers, foresters and geoscientists, said more than 1,000 staff from the health, mining, transportation, resource stewardship and attorney general ministries are on strike. The association had previously joined job action by the BC General Employees’ Union in its dispute with the province by picketing a number of government offices. The BCGEU also escalated its job action Thursday to include about 25,000 public service workers across 475 work sites. The union said 19 ministries and B.C. Crown corporations were “fully struck” by its job action, including the ministries of finance, citizens’ services, infrastructure, energy and Indigenous relations, as well as the Forest Practices Board, Royal BC Museum and BC Pension Corporation.

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Trump’s timber tariff hike triggers confusion and concern in the forestry sector

By Andrew Rankin
Financial Post
October 16, 2025
Category: Business & Politics
Region: Canada East

Chris Spencer

The latest increase in United States tariffs on Canadian softwood lumber is creating chaos in New Brunswick’s forestry sector and raising serious concerns about the future of its exports. Chris Spencer, manager of the Southern New Brunswick Forest Products Marketing Board — representing 8,000+ private woodlot owners — said the combined countervailing duties and tariffs… are placing intense pressure on an already fragile industry. …“Personally, I think it’s enough to devastate an entire sector here in the Maritimes and probably across Canada,” he said. …“We’ve had trucks turned around at various border crossings because customs officials didn’t know what products were included,” Spencer said. “At some crossings, we were told only softwood roundwood was affected, while others said all forest products were.” He said different interpretations were reported at each of the four main international crossings between New Brunswick and Maine, leading to shipment delays and widespread uncertainty across the sector.

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Chaos, confusion at border as New Brunswick forestry industry navigates new tariffs on softwood lumber

By Laura Brown
CTV News
October 15, 2025
Category: Business & Politics
Region: Canada, Canada East

Linda Bell says there has been turmoil and chaos along parts of the US and New Brunswick border as trucks carrying lumber navigate the new tariffs that came into effect on Tuesday. But Bell says there’s been confusion as to what’s included under the new tariffs. In her almost three decades working as the general manager of the Carleton Victoria Wood Producers Association in Florenceville, she says it’s the first time there appears to be a duty on roundwood. “Trucks that were headed over there have been turned back and had to be unloaded. Some have been allowed to cross. We really don’t know what is going on,” she said.  She said a few large mills in Maine who’ve been buying New Brunswick wood for five decades have halted all deliveries until the confusion can be cleared up. …Minister Mélanie Joly said there are different interpretations happening at various border locations.

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Northeastern Ontario’s ‘world-class sawmills’ under pressure from tariffs, weak U.S. demand

The Timmins Daily Press
October 15, 2025
Category: Business & Politics
Region: Canada, Canada East

Ian Dunn

“Timmins and northeastern Ontario have well-established and world-class sawmills,” said Ian Dunn, CEO of the Ontario Forest Industries Association (OFIA). “They are being challenged by the ongoing consolidation and evolution of the pulp and paper sector, weak housing demand in the US, and now 45% market entry costs.” On Oct. 4 federal and provincial governments stepped in with short term funding to prevent the idling of the Kap Paper, the region’s last remaining paper mill in Kapuskasing. The move averted the loss of over 300 direct jobs. …Another reason cited was the declining market for the mill’s products, newsprint and bulk paper for books. Industry has been advising governments at all levels to anticipate and prepare for what they say is a crisis. …“The US has reached the absurd conclusion that upholstered furniture and softwood lumber represent a national security threat to the most powerful military on earth,” Dunn said.

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Presidential Message on National Forest Products Week

By Donald J. Trump, President of the United States
The White House
October 20, 2025
Category: Business & Politics
Region: United States

America’s forests are a source of strength for our economy and a reflection of our Nation’s natural beauty—they provide the abundant resources that sustain jobs, build communities, and enrich our lives. This National Forest Products Week, we recognize the men and women who work every day as stewards of our forests and drivers of American prosperity. This week and throughout my Presidency, we will advance policies that support their efforts and secure the benefits of America’s forests well into the future. The abundance of our forest products bolsters the national economy by generating hundreds of billions of dollars every year. The forest industry supplies essential materials—from the lumber that builds homes to the resources that make our communities thrive. …This week, we acknowledge that America’s forests make our country strong—and we renew our pledge to preserve our Nation’s rich resources and bountiful treasures for generations to come.

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As U.S. wood tariffs kick in, kitchen cabinet companies look for a silver lining

By Mae Anderson
The Associated Press in CTV News
October 14, 2025
Category: Business & Politics
Region: United States

NEW YORK — Cabinet dealers, interior designers and remodeling contractors in the U.S. hope new tariffs on imported kitchen cabinets, bathroom vanities and upholstered wooden furniture will boost domestic production of those products. But several small business owners in the home improvement industry say they expect some short-term pains from the import taxes. Potential customers may postpone kitchen and bathroom renovations until costs — and the economy — seem more stable. …The American Kitchen Cabinet Alliance lobbied for tariffs to help offset what they described as a flood of cheap cabinets from countries such as Vietnam, Malaysia, China and elsewhere in the decades since manufacturing moved offshore. …Although the White House said the tariffs were intended to boost domestic production and protect U.S. businesses from predatory trade practices, some cabinet makers say that will be difficult because their supply chains are multinational.

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Trump’s Tariffs on Lumber and Cabinetry Kick In, Hitting Homebuilding and Renovation

By Keith Griffith
Realtor.com News
October 14, 2025
Category: Business & Politics
Region: United States

President Trump’s new tariffs on imported lumber and wooden fixtures have taken effect, potentially raising the cost of home construction and renovations. …“These new tariffs will create additional headwinds for an already challenged housing market by further raising construction and renovation costs,” says NAHB Chairman Buddy Hughes. …According to an NAHB analysis, U.S. sawmills are operating at just 64% of their potential capacity, a figure that has dropped steadily since 2017. “It will take years until domestic lumber production ramps up to meet the needs of our citizens,” the trade group says”. …Framing costs, including the roof, averaged about $49,763 for new single-family homes last year, accounting for about 12% of the total cost of a new build, according to an NAHB breakdown. Cabinets and countertops cost $19,056 on average, accounting for 4.5% of the total, the analysis found. …Builder profit margins have already been shrinking, and many companies have pulled back on new construction.

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Rayonier and PotlatchDeltic to Merge, Creating a Leading Land Resources REIT

By Rayonier and Potlatch Deltic
Businesswire
October 14, 2025
Category: Business & Politics
Region: United States

WILDLIGHT, Florida. & SPOKANE, Washington — Rayonier and PotlatchDeltic today announced that they have entered into a definitive agreement to combine in an all-stock merger of equals. …The combined company is expected to have a market capitalization of $7.1 billion and a total enterprise value of $8.2 billion. Upon completion of the transaction, the combined company will become the second-largest publicly traded timber and wood products company in North America. …The combined company will operate under a new name, to be announced prior to closing. …Together, the combined company will have a productive and diverse timberland portfolio comprising approximately 4.2 million acres, including 3.2 million acres in the U.S. South and 931,000 acres in the U.S. Northwest. In addition, the company will operate seven wood products manufacturing facilities, including six lumber mills with total capacity of 1.2 billion board feet and one industrial plywood mill. The transaction will also combine two highly complementary and successful real estate businesses.

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Trump’s New Furniture Tariffs Are (Almost) Everything Wrong with U.S. Trade Policy Today

By Scott Linciocome, Cato Institute
The Dispatch
October 8, 2025
Category: Business & Politics
Region: United States

The Trump administration and its advocates have long sold tariffs as a smart and necessary way to reindustrialize the country, bolster national security, and revitalize the economy more broadly. In practice, however, they put tariffs on cabinets and sofas for “national security” reasons, exempt others because of potential political blowback, and do all sorts of other things that likely undermine the economic and security objectives the administration says its tariffs are achieving. And they do it all with little regard for the facts, economics, or law. Throw in some foolish nostalgia (contra the president, furniture manufacturing is today a tiny share of North Carolina’s economy and workforce), and the furniture tariffs make for an almost-perfect example of the canyon between protectionist rhetoric and US tariff reality. The only thing preventing perfection is that there isn’t a “national emergency” or fake “fiscal crisis” attached.

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Reciprocal tariffs on hardwood plywood not high enough to level the playing field

By Keith Christman, President
The Decorative Hardwoods Association
October 9, 2025
Category: Business & Politics
Region: United States

President Trump announced the long-awaited Section 232 tariffs on wood products. Despite DHA’s advocacy for tariffs on hardwood plywood, engineered wood flooring, and hardwood veneer imports, these products were not included. But, the announcement includes a procedure for adding more wood products. DHA has ramped up our advocacy to get our products included, sending a direct communication to President Trump. Roseburg’s recent closing of its hardwood plywood mill is another wake-up call that underscores the need for tariffs to prevent dumped and subsidized plywood from Asia, whose underpriced plywood dominates with 80% of the US market. Dumped, subsidized plywood from Asia has been killing US manufacturing facilities. It’s some comfort that the reciprocal tariffs now apply to these products, but the rates are not high enough to level the playing field, and these reciprocal tariffs could go away with the upcoming Supreme Court decision.

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Washington State invests $700K to boost apple and timber jobs

By Anita Hollier
NBC Right Now
October 13, 2025
Category: Business & Politics
Region: United States, US West

OLYMPIA, Washington — Washington state is investing $700,000 to support its apple and timber industries, creating at least 270 new jobs, Governor Bob Ferguson announced Thursday. The funding comes from the state’s Economic Development Strategic Reserve Fund, which uses unclaimed lottery prize money to help attract and retain jobs. The money will be split across three projects: Yakima County: $250,000 to prepare a site in Sunnyside for a new apple products processing plant. Forks: $200,000 for infrastructure upgrades at the Forks Industrial Park, where Riverside Forest Products USA plans a sawmill. Spokane Valley: $250,000 to expand a manufacturing facility for Mercer Mass Timber. Governor Ferguson said the investments, combined with private funding, will strengthen the state’s economy. Commerce Director Joe Nguyễn added the funds will help meet infrastructure needs, support local businesses, and create sustainable jobs.

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Georgia-Pacific set to close cellulose mill and innovation center in Memphis, lay off 150 employees

By Gabriel Huff
ABC 24 News Memphis
October 16, 2025
Category: Business & Politics
Region: United States, US East

MEMPHIS, Tennessee — Georgia-Pacific said Thursday that the company will shut down the Memphis Cellulose mill and the Memphis Technology and Innovation Center. The closure will affect 130 employees at the mill, and 22 employees at the Technology and Innovation Center. Most positions are expected to be terminated by early December. “Georgia-Pacific’s focus in the coming weeks and months is to continue to safely operate while supporting our employees during the transition,” officials said. “The company will work with affected employees who are interested in transitions to other opportunities within the company, other Koch companies or opportunities outside of the company. …”This decision was influenced by various factors, including challenging market conditions for the facility’s products. …It is our intent to leave the mill and other facilities in a sellable condition for some time should there be an interested buyer following this announcement.”

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Kimberly-Clark proposing $160M distribution center next to Warren, Michigan plant

By Robert McFerren
WFMJ NBC
October 16, 2025
Category: Business & Politics
Region: United States, US East

WARREN, Michigan — Kimberly-Clark is looking to expand in Trumbull County before the $800 million paper manufacturing plant becomes operational. At the Wednesday meeting of the Western Reserve Port Authority Board of Directors, a member of the Kimberly-Clark project team discussed details of adding a regional distribution center facility at the site. It was shared that the company is looking to construct a $160 million, 500,000 sq. ft. building next to the manufacturing site in Warren. The proposed regional distribution center, if approved by company officials, will break ground in the first quarter of 2026 and will create 65 additional full-time jobs. …Construction is ongoing for the Kimberly-Clark paper manufacturing facility. …In May, the Kimberly-Clark made it official its plan to construct the $800 million facility in Warren and create 491 new jobs along with it.

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Kentucky mill warns tariffs could be ‘final nail in the coffin’ for lumber industry

By Erin Kelly
Spectrum News 1
October 17, 2025
Category: Business & Politics
Region: United States, US East

KENTUCKY — Ray White is a fourth-generation lumberman, whose family mill in Rowan County has been in business for 57 years, supplying hardwood materials from the logs of eastern Kentucky to countries around the world. Business hasn’t been the same since President Trump’s first trade war in 2018, he said. “At that time, we were doing, our company, about 35%, just to Southeast Asia,” said White. “Today, I’m doing less than 5%.” According to the Hardwood Federation, China bought half of America’s hardwood lumber exports before Trump’s 2018 tariffs on Chinese goods resulted in a 25% retaliatory tariff that hurt the industry even after it was lifted. Panic set in, said White, when Trump promised more tariffs in his second term. …White and his brother have reduced staff at their business by 20%, postponed equipment upgrades and sliced their own pay in half, but now there’s nowhere else to cut, he said.

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State changes course, gives wood pellet maker Drax a permit to increase emissions

By Alex Rozier
Mississippi Today
October 16, 2025
Category: Business & Politics
Region: United States, US East

The Mississippi Department of Environmental Quality permit board on Wednesday reversed a decision from earlier this year and granted wood pellet manufacturer Drax a permit that allows it to release more emissions from a facility in Gloster. The board held a two-day evidentiary hearing after denying the company the permit in April. The permit falls under Title V of the Clean Air Act and allows Drax’s facility Amite BioEnergy, to become a “major source” of Hazardous Air Pollutants, or HAPs. The board voted unanimously in favor of granting the permit said Kim Turner. Evidence from the hearing “sufficiently addressed” concerns the board previously had. MDEQ has found the facility in violation multiple times since Drax opened the Amite County plant in 2016. …Drax applied for the permit in order to better reflect its production capacity. Since violating the current permit, Amite BioEnergy has had to decrease its pellet output.

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Lowes completes acquisition of Foundation Building Materials

Lowe’s Companies Inc.
October 9, 2025
Category: Business & Politics
Region: United States, US East

MOORESVILLE, North Carolina —  Lowe’s announced that the Company has completed its previously announced acquisition of Foundation Building Materials (“FBM”), an industry-leading building materials and construction products distribution company with over 370 locations across the United States and Canada. The acquisition of FBM is expected to enhance Lowe’s offering to Pro customers through an expanded product assortment… in key geographies like California, the Northeast and the Midwest. It also creates significant cross-selling opportunities between FBM and Lowe’s as well as the recently acquired Artisan Design Group. …FBM will continue to be led by its founder, Ruben Mendoza, and its senior leadership team with over 200 years of combined industry experience. 

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Vietnam Wood industry faces new challenges

By Vuong The – Translated by My Le, Thu Ha
Đồng Nai Online
October 10, 2025
Category: Business & Politics
Region: International

From October 14, wooden furniture exported to the United States will continue to be subject to a new import tariff of up to 25 percent. This has come as a “shock” at a time when enterprises are accelerating production, raising concerns over the feasibility of maintaining Vietnam’s 2025 wood export targets. In the long term, aside from adapting to frequently changing tariff policies, enterprises in the wood industry are working to improve product quality. Expanding markets and building the Vietnamese wood brand are considered key solutions for the sector’s sustainable development. On September 29, U.S. President Donald Trump signed a decree imposing a 25 percent tariff on wooden furniture, effective from October 14. The tariff rate may increase to 50 percent for dressing tables and kitchen cabinets, and 30 percent for upholstered products early next year. This move is regarded as a “shock” to Vietnam’s wood industry.

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