
The European Parliament approved legislation implementing last year’s US-EU tariff agreement, while the Canada-US-Mexico trade deadline nears. In other Business news: West Fraser’s Quesnel sawmill was fined for an accidental death in 2025; Timber Invest Group acquires eastern US timberlands; and New Zealand’s PF Olsen merges with Forest360. Meanwhile: UBC researchers advance AI-driven modular construction; a mass timber hospital in Ontario earns international recognition; and FSC Canada’s June newsletter is out.
In Forestry news: the Osoyoos Indian Band launched a new tree nursery; a new study says prescribed burning may reduce California’s wildfire smoke pollution; CAL FIRE announced $4.5M for forest health research; and Connecticut launched $1.2M in Community Forestry Grants. Meanwhile: BC urges wildfire caution as drought risks rise; Oregon’s Governor declared an emergency due to state-wide wildfire threat; and fire updates from Princeton and West Kelowna, BC; Timmins, Ontario; and South Georgia.
Finally, a Nature commentary says forest management must shift from profit to prevention.
Kelly McCloskey, Tree Frog News Editor
WASHINGTON — A major benchmark is coming up for the Canada-U.S.-Mexico Agreement on trade, known in Canada as CUSMA. July 1 is the deadline for the three countries to either formally extend the agreement for 16 years or continue under annual reviews. …What happens if there is no extension on July 1? The trade pact will remain in place even if the United States doesn’t agree to extend CUSMA on July 1. Peisch said CUSMA will continue for another 10 years before “automatically terminating if the parties can’t come to agreement on extension.” In the near term, Peisch said, the countries will continue to negotiate possible changes to the agreement that could lead to an extension. …Can a country leave CUSMA? If the United States does not agree to the extension on July 1, the trade agreement stays in place unless one of the countries gives six months’ notice that it is pulling out of CUSMA.
NEW YORK — BTG Pactual Timberland Investment Group, timberland investment managers, announced the acquisition of approximately 90,000 acres of US timberland formerly managed by Jamestown, a global design-focused real estate investment and management firm. …The portfolio of high-quality timberland spans five U.S. states, including approximately 50,000 acres of pine timberland in Georgia and Alabama and approximately 40,000 acres of diversified hardwood timberland across Indiana, Pennsylvania, and New York. All properties are certified under the Sustainable Forestry Initiative (SFI). The acquisition increases BTG Pactual TIG’s core U.S. timberland strategy’s portfolio to more than 1.7 million acres. The firm manages 3.3 million acres globally. The transaction creates further opportunities for BTG Pactual TIG to scale positive conservation outcomes through its long-term collaboration with The Nature Conservancy (TNC), Conservation Advisor to the firm’s core U.S. timberland strategy.
NEW ZEALAND — PF Olsen and Forest360 have merged to become New Zealand’s biggest independent forestry manager, trading as Stand Forestry. The companies announced their merger late last year, backed by new investment from Adamantem Capital’s Environmental Opportunities Fund and supported by PF Olsen’s Quayside Holdings. …The new brand will combine 75 years’ experience, a workforce of more than 200 skilled professionals and 480,000ha of forestry under management on both sides of the Tasman, the companies said. …The company recently launched a new carbon joint venture model in New Zealand to make it easier for farmers and landowners to participate in the Emissions Trading Scheme. …The merged group has more than 1000 clients, from major institutional investors to family-run businesses and private landowners. PF Olsen also has a large operation in Australia, managing 212,000ha.


Canada’s forest disturbance costs have been rising quickly. We propose that silviculture must be reframed as a risk mitigation tool under an ‘avoided costs’ framework as proactive investments become essential to prevent far greater damage to society and ecosystems. Increasing forest disturbances…are profoundly disrupting forest ecosystems and the viability of the forest sector across the globe. Unprecedented disturbance levels in the past decades have caused immense losses … causing a surge in economic costs for disturbance control and significant infrastructure damage. Critically, some disturbances like wildfires incur devastating, irreparable consequences, from irreversible biodiversity loss to severe impacts on human health and life. …We argue that existing adaptive silviculture knowledge and technologies can stabilize forest resources and reduce the risk of catastrophic losses. Leveraging Canadian silvicultural investment data, we illustrate the need to move beyond the traditional cost-benefit paradigm—generally analyzed from the perspective of the forest products industry—to one that explicitly incorporates avoided costs for society.



Connecticut’s Department of Energy and Environmental Protection (DEEP) announced two federally funded grant programs totaling $1.23 million for urban and community forestry projects, with application deadlines in August 2026. The programs are available through DEEP’s 
As British Columbia enters another summer that could be hotter and drier than usual, the Province is urging people and communities to prepare for potential impacts of wildfire, drought and water scarcity. “Climate change is rewriting what we consider normal in British Columbia, with warmer, drier conditions increasing the risk of wildfire and drought,” said Kelly Greene, Minister of Emergency Management and Climate Readiness. …The Ministry of Emergency Management and Climate Readiness (EMCR) is working closely with local governments and First Nations to prepare for the summer hazards, including hosting preparedness sessions throughout the province. EMCR is available 24/7 to support communities before, during and after emergencies. …Temperatures are increasing throughout B.C., and with that comes an elevated risk of wildfire. …Regardless of where people live or travel in B.C., it’s critical that everyone does their part to reduce the risk of wildfire. 
Hundreds of people were allowed to return to their homes in West Kelowna, B.C., on Tuesday evening after a fast-moving wildfire forced several neighbourhoods to evacuate earlier in the day. The local fire chief said the human-caused fire started in Kalamoir Regional Park in the late morning and quickly threatened hundreds of homes, some of which he said crews have saved by inches. …The fire started in Kalamoir Regional Park late Tuesday morning and quickly spread toward the Casa Loma and Lakeview Heights neighbourhoods, on a hillside above Okanagan Lake. …West Kelowna Fire Rescue said more than 100 firefighters worked to contain the flames against strong, gusting winds and dry conditions…. The fire, which officials say burned at least eight hectares of land, is listed as human-caused.
As South Georgia continues recovering from a destructive spring wildfire season, Gov. Brian Kemp has signed an executive order intended to help landowners and the forestry industry reduce economic losses caused by fire-damaged timber. The order temporarily increases allowable truck weights in 17 wildfire-impacted counties, giving landowners and timber operators more flexibility to move salvageable timber before it loses market value. State officials said timber damaged by wildfire can only be harvested and sold within a limited timeframe, making transportation a critical part of recovery efforts. The temporary weight allowance is designed to help speed the removal and transport of timber from wildfire-affected properties. The order comes as two of Georgia’s most significant wildfire incidents this year have finally reached 100% containment…