Mission’s forestry department reported a net loss of $234,506 in the second quarter of 2026, but is expected to be profitable by the end of the year. According to the department’s quarterly report from the September 21 council agenda, market uncertainty led to lower volumes harvested during the quarter. The department reported a net profit of $301,844 in the second quarter of last year and projected a net profit of $733,511 for Q2 of 2026. However, the department released just 39 per cent of its budgeted volume to date because market uncertainty. “Continued challenges exist in the timber market. In addition to tariffs from the United States, fuel prices have increased substantially in 2026, which has impacted shipping costs,” the report reads. The report highlights trade friction with the United States as “one big challenge” moving forward, but also notes reasons for optimism for the remainder of 2026 and beyond.