Interfor reports Q2 loss, plans to reduce lumber production

The Tree Frog Forestry News
August 9, 2024
Category: Today's Takeaway

Interfor reported a Q2, 2024 net loss of $76 million, plans to reduce lumber production in balance of year. In related news: Mercer reported a Q2 net loss of $68 million; a northern California biomass plant is approved; and BC’s economy is threatened by looming rail and port strikes. Meanwhile: Ontario’s Advanced Wood Construction Plan is praised; Michael Green plans the world’s tallest timber skyscraper; and Mercer’s Nick Milestone opines on mass timber’s revolution.

In Forestry/Wildfire news: Canada’s Indigenous seed collection program begins cross-country tour; Ontario secures monies for new tree planting program; BC’s recent landslide surge is settling but more are expected; U of Northern BC researchers to study impacts of climate change; California’s Park Fire consumes acres of carbon credits; and wildfire updates from the BC Coast and Interior; Ontario; Oregon; and California.

Finally, July ends 13-month streak of global heat records as El Nino ebbs.

Kelly McCloskey, Tree Frog Editor

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