Weyerhaeuser reported stronger Q2 earnings; International Paper and Clearwater Paper reported net losses; and Drax’s earnings fell on weaker fibre availability. In related new: Canfor’s mill closures have been “gut-wrenching”; Australia’s Maryvale Paper cuts jobs; Maine’s Woodland Pulp is fined for deadly gas release; and Domtar gives back to local communities. Meanwhile: Canada is launching an office to diversify trade; despite slowing GDP—the US economy is poised for growth; and the Softwood Lumber Board says City Accelerators grow lumber demand.
In Forestry/Wildfire news: Michael Ignatieff says Canada should ramp up water bomber production; Port Alberni debates cause of Mount Underwood wildfire; the Kitsumkalum First Nation and Terrace Timber partner on forestry; Fort St. John endorses COFI’s Forestry is a Solution initiative; West Fraser shares nature reporting framework in Alberta; rain isn’t extinguishing Colorado’s fires; Arizona plans to thin 20,000 acres/year; and Wisconsin examines effects of a prescribed burn.
Finally, a dangerous heat wave is gripping the US with 39 million under heat alerts!
Kelly McCloskey, Tree Frog News Editor