Daily News for October 20, 2026

Today’s Takeaway

US housing slump deepens as construction slows and builder confidence falls

The Tree Frog Forestry News
October 20, 2026
Category: Today's Takeaway

The US housing slump deepened as single-family construction and building permits fell sharply, builder confidence hit a 14-year low, and lumber futures approached a two-year low. In BC Election news: the Council of Forest Industries weighs the parties’ forestry platforms; the BC Community Forests Association calls for more community forests; and the BC Conservatives pledge to support forestry and revitalize the Crofton pulp mill site. Meanwhile, New Zealand welcomes tariff-free access to India’s growing wood products market.

In Forestry news: Mississippi and the White House marked National Forest Products Week; UBC Forestry highlighted research on wildfire and salmon habitat; Thompson Rivers University is retraining laid off forestry workers; and an interview with SFI’s Healy Hamilton on forest certification and biodiversity. Meanwhile: a Wood Pellet Association of Canada webinar on dryer safety; and CelCo conference previewed its dissolving pulp outlook.

Finally, Alberta voters overwhelmingly rejected separation with 76% voting for Canada.

Kelly McCloskey, Tree Frog News Editor

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Business & Politics

Alberta rejects a move toward independence from Canada in a victory for Carney

By Rob Gillies
The Associated Press
October 20, 2026
Category: Business & Politics
Region: Canada, Canada West

Mark Carney

EDMONTON, Alberta — Voters in oil-rich Alberta province overwhelmingly backed remaining in Canada, with early referendum results delivering a boost to Prime Minister Carney’s push for national unity amid US President Trump’s trade war and annexation threats. With more than 1.8 million votes counted, 76% supported remaining in Canada, while 24% backed beginning a process toward separation. …Carney said that the result would allow Canadians to move forward together and accelerate efforts to diversify trade, develop major infrastructure projects and make Canada a global energy powerhouse, with Alberta at its center. …Alberta Premier Danielle Smith welcomed the early results, saying they showed widespread support for remaining in Canada. …Despite the proposal’s apparent failure, separatist leaders have said they turned a fringe cause into a movement that won’t disappear.

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Conservatives promise to amp up harvest for B.C.’s beleaguered forestry sector

By Derrick Penner
The Vancouver Sun
October 19, 2026
Category: Business & Politics
Region: Canada, Canada West

B.C. Conservative Leader Lorne Doerkson said his party would speed up issuing harvest permits and reduce regulatory costs in an effort to increase “sustainable access” to timber in B.C.’s beleaguered forest industry. … To the province’s key industry group, the Conservative platform appears to get at more of the issues it has been asking for government to address than the NDP policy promises, which aim at industry transformation. “(However) overall, we continue to see a bit of a lack of urgency that’s needed to stem the tide of forest mill closures,” said Kim Haakstad, CEO of the Council of Forest Industries. …The NDP’s Ravi Parmar said much of the Conservative policy resembles measures the previous government was already working toward, such as establishment of a biomass strategy.” Parmar added that the NDP remains committed to reaching a 45 million cubic metres per year in annual timber harvest. [to access the full story a Vancouver Sun subscription is required]

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BC Conservative leader promises support for forest industry during Lower Mainland campaign announcement

By Colleen Flanagan
Maple Ridge News
October 19, 2026
Category: Business & Politics
Region: Canada West

Leader of the BC Conservative Party Lorne Doerkson made a campaign stop at a shake and shingle mill in Maple Ridge on Monday, Oct. 19, to announce new supports for forestry jobs in the province if his party is elected to office. Doerkson shook hands with workers at Waldun Forest Products in east Maple Ridge, in the riding of BC Conservative incumbent candidate Lawrence Mok, where he said he will give the sector more predictable access to fibre, speed up the permit process, and eliminate unnecessary permitting costs in the sector. …He set a goal of 45 million cubic metres, minimum, for the annual cut. …He also pledged his government would review and eliminate unnecessary permitting costs and encourage Indigenous participation in the forestry industry by investing in skills training and ensuring First Nations will benefit from any federal funding to support the industry. He also vowed to create competitive tax conditions.

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Conservatives promise $10M for Crofton mill site revitalization

By Sarah Simpson
The Cowichan Valley Citizen
October 19, 2026
Category: Business & Politics
Region: Canada, Canada West

In an Oct. 19 announcement from Cowichan Valley candidate Bert Chen, the B.C. Conservative Party has cast doubt on Crofton residents’ future water quality and promised funding to fix it. In his announcement, Chen promised to secure up $10 million to help revitalize the Crofton Mill site and provide critical support for the community if a Conservative government is elected on Oct. 24. The Domtar mill in Crofton was permanently shuttered in 2025. “With the lost property tax revenues from the mill, the local Municipality of North Cowichan is unable to provide the funding to invest in an independent, municipally-owned water system for Crofton,” said Chen. …“This site is ideal for provincial support due to the adjacent BC Ferries terminal.”

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Community forests offer a practical path forward for British Columbia

By Jennifer Gunter and Erik Holbek, BC Community Forest Association
The BC Community Forest Association
October 16, 2026
Category: Business & Politics
Region: Canada West

British Columbia’s forest sector is at a turning point. Communities are feeling the effects of sawmill and pulp mill closures, catastrophic wildfires, changing markets, and general uncertainty about the future. British Columbians are also asking how forests can support healthy ecosystems, sustainable local economies, reconciliation, public safety, recreation, and other community priorities. We believe community forestry offers a tested and proven way forward and should be on the minds of British Columbians and on the platforms of those running for office in the provincial election. We are asking political parties, candidates, and the next government to make two clear commitments. These practical actions would strengthen local economies, support First Nations leadership and partnerships, reduce wildfire risk, and help build a more resilient forest sector: Expand the Community Forest Program and protect the policies and operating conditions that make community forests viable; and Provide stable, long-term funding for proactive wildfire management, planning, and risk reduction in and around community forests.

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2026 BC Election Forestry Platform Comparisons

BC Council of Forest Industries
October 19, 2026
Category: Business & Politics
Region: Canada West

…But urgent action is needed to stop the deepening crisis in BC’s forest sector. Since 2022, more than 15,000 forestry jobs have been lost, and over 20 mills have closed or curtailed. The damage doesn’t stop at the mill gate. Every closure puts contractors, suppliers, secondary manufacturers, local small businesses and communities at risk. …As British Columbians prepare to vote for the next provincial government, COFI has outlined key policy priorities. The comparison sets out COFI’s recommended actions alongside the commitments put forward by the BC NDP and Conservative Party of BC. …This election is an opportunity to put forestry back at the centre of BC’s economic priorities. We encourage forestry workers, businesses and communities to engage with local candidates, share what is at stake, and ask how their parties will support a competitive and sustainable forest sector. View the full 2026 Provincial Forestry Platform Comparison on these issues: Stabilize BC Forestry; Secure an affordable and predictable wood supply; Protect and Invest in BC Jobs and Mills; Build Homes with BC Wood; Stand Up for BC Forestry in Ottawa and Washington, DC; and Other Forestry-related Commitments.

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India Trade Deal Offers Significant Market Opportunities For New Zealand Forest Products

New Zealand Forest Owners Association
October 20, 2026
Category: Business & Politics
Region: International

More than 95% of New Zealand’s forestry and wood exports to India can now enter tariff-free, as the New Zealand-India Free Trade Agreement comes into force today. New Zealand Forest Owners Association President Dean Witehira says the agreement is a major opportunity for forest growers, wood processors and exporters to expand into one of the world’s fastest-growing economies. “Wood and wood products are already New Zealand’s largest goods export to India, with New Zealand Trade and Enterprise (NZTE) data showing exports have tripled over the past three years to $193 million. “With tariffs on almost all remaining forestry trade set to disappear over the next seven years, there’s considerable potential to build on this. “We already have a strong trading relationship with India, and removing tariffs on more than 95% of our existing exports puts our sector in a much better position to compete and grow.”

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Finance & Economics

Lumber Futures Drop Toward Two-Year Low

Trading Economics
October 19, 2026
Category: Finance & Economics
Region: Canada, United States

Lumber futures fell below $527 per thousand board feet, retreating toward a two-year low amid persistent weakness in the US housing market. Homebuilder confidence has fallen to its lowest level in 14 years, as high mortgage rates, labor shortages and high construction costs continue to weigh on the sector. Mortgage rates have climbed to 7.4%, their highest level in three years, raising borrowing costs, dampening housing demand and weighing on prices. On the other hand, trade tensions with Canada continue to constrain lumber availability and pressuring prices. Although the US Department of Commerce lowered antidumping and countervailing duties on Canadian softwood lumber to 24.75% from 35.16%, a separate 10% US tariff brings total duties to 34.75%, limiting the potential for a supply recovery.

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US single-family housing starts, building permits fell sharply in September

By Lucia Mutikani
Reuters in WTVP
October 20, 2026
Category: Finance & Economics
Region: United States

WASHINGTON – US single-family homebuilding and permits for future construction fell sharply in September as higher mortgage rates suppressed demand, suggesting residential investment resumed its declining ​trend in the third quarter. Single-family housing starts, which ‌account for the bulk of homebuilding, dropped 4.6% to a seasonally adjusted annual rate of 859,000 units last month, the Commerce Department’s Census Bureau said on Tuesday. Single-family building permits decreased 4.0% to a rate of 845,000 ‌units. Mortgage ​rates have surged in recent weeks, with ⁠the 30-year fixed rate ⁠averaging 7.40% last week. …Slumping ‌sales have led to a glut of unsold houses on the market, further reducing the incentive for developers to break ground on new single-family housing projects. Despite the overhang of new ⁠single-family homes, there is a national housing shortage. …Residential investment rebounded in the second quarter, also reflecting renovations. The rise followed five straight quarterly declines.

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US Builder Sentiment Falls on Rising Rates

The National Association of Home Builders
October 19, 2026
Category: Finance & Economics
Region: United States

Rising mortgage rates, energy and material costs, and worsening labor and lot conditions have pushed builder sentiment to 29, a 14-year low …“Housing remains squeezed by supply-side constraints and significant affordability challenges,” said NAHB Chief Economist Robert Dietz. “Demand persists, but higher mortgage rates, elevated construction costs and weaker consumer confidence are keeping more buyers on the sidelines. As a result, buyer traffic has fallen to its lowest level since April 2012, excluding the pandemic’s onset in April 2020.” The survey found that 43% of builders cut prices in October. The average price cut remained at 6% for the seventh consecutive month. Meanwhile, 65% of builders reported using sales incentives in October, the 19th straight month at least 60% of builders have done so. …The index measuring current sales conditions fell two points to 33, the index gauging future sales expectations dropped five points to 32 and the index charting prospective buyer traffic fell five points to 18.

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Homebuilder Confidence Plunges to 14-Year Low as Mortgage Rates Soar

By Snejana Farberov
Realtor.com News
October 19, 2026
Category: Finance & Economics
Region: United States

Homebuilders are feeling the most pessimistic about the new-construction market in 14 years, as surging mortgage rates keep would-be buyers on the sidelines this fall. Builder confidence in new single-family home sales shed three points month over month, bringing the NAHB/Wells Fargo Housing Market Index (HMI) down to 29. This is the lowest HMI since June 2012. For context, builder sentiment has now remained below 40 for 18 consecutive months. NAHB Chairman Bill Owens ascribes the sharp pullback to soaring borrowing costs and broader economic headwinds. …Last Thursday, Freddie Mac reported that the average rate on 30-year fixed home loans held steady week over week at 7.4%, a three-year high fueled by a global bond selloff that pushed up 10-year Treasury yields. While less visible than earlier this year, the Trump Administration’s anti-immigration crackdown continues to negatively impact the residential construction industry across the U.S.

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Forestry

Former South Cariboo forestry workers learn new career skills thanks to Thompson Rivers University

By Patrick Davies
The Summerland Review
October 19, 2026
Category: Forestry
Region: Canada, Canada West

For the first time in months, the future is exciting for several former forestry workers from the South Cariboo. Over the past two and a half months, they have been enrolled in Thompson Rivers University (TRU) Heavy Equipment Operator program, free of charge. …Kyla Miller, TRU’s 100 Mile community coordinator, said this program was funded by the Ministry of Social Development and Poverty Reduction to help community members impacted by forestry sector layoffs, specifically the closure of West Fraser 100 Mile Lumber. …Miller said a program like this is expensive to run, with students paying up to $40,000 each. Thanks to the government funding and community donations, TRU was able to offer it at no cost to qualified workers. To qualify, students had to be either formerly employed by West Fraser, precariously employed in the forestry sector or laid off due to the impacts of U.S. lumber tariffs. 

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The Root of It: News and research from UBC Forestry & Environmental Stewardship

By the Faculty of Forestry & Environmental Stewardship
University of British Columbia
October 20, 2026
Category: Forestry
Region: Canada West

Living with wildfire and protecting salmon habitat headline the latest The Root of It newsletter from UBC’s Faculty of Forestry & Environmental Stewardship. Wildfire researcher Dr. Kira Hoffman joins Dean Rob Kozak to explore Indigenous-led fire stewardship and lessons from B.C.’s recent wildfire seasons. New research suggests protecting 70–80% of the watersheds salmon depend on is closer to what’s needed to sustain populations than the global 30×30 conservation target. Also featured are a strengthened fisheries research partnership with the Lower Fraser Fisheries Alliance, Rob Kozak’s appointment to a second five-year term as dean, and Society of American Foresters accreditation for three undergraduate programs. Education opportunities include a November 19 online information session on mass timber micro-certificates and a dual master’s program in green business with the University of Helsinki.

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Presidential Message on National Forest Products Week

The White House
October 19, 2026
Category: Forestry
Region: United States

…During National Forest Products Week, we renew our commitment to conserving these incredible landscapes and responsibly harnessing their abundance to sustain households, strengthen American jobs and industry, and secure lasting prosperity for generations to come. …As President, I am committed to supporting these vital industries and continuing to drive economic growth.  Last year, I was proud to sign two Executive Orders to increase domestic timber supply and reduce reliance on imports from foreign markets. As a result, over half a billion dollars in new domestic industry investments were announced, annual industry earnings have increased by over $5,600, and the U.S. Department of Agriculture’s Forest Service has sold over three billion board feet of American timber this year, the highest volume sold in almost three decades. Under my leadership, the USDA Forest Service has also championed sustainable forests, achieving 116 percent of our annual reforestation goal, the highest level in twenty-six years.

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Wildfire experts urge proactive forest management as fire risks grow

By Joshe Hinke
WTIP North Shore Community Radio
October 19, 2026
Category: Forestry
Region: US East

In the wake of July’s lightning-caused wildfires, advocates for fire safety are working with officials on a solution that might seem unexpected: more fire. Fire is a natural part of the boreal forest ecosystem, playing an essential role in its health and regeneration. These forests are adapted to fire, and some species depend on it to regenerate. “Fire has been very diverse on this landscape and has been present through a combination of lightning strikes and also intentional ignitions by indigenous people who have lived here for hundreds and thousands of years,” Abby Andrus of Dovetail Partners told WTIP. Dovetail Partners is a nonprofit organization that provides information on the environmental impacts and trade-offs of land management decisions. Part of its work in Minnesota’s Arrowhead region focuses on wildfire resilience and fire ecology. WTIP spoke with representatives of Dovetail Partners about how communities and individuals can better prepare for wildfire season. 

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Forest products industry contributes heavily to Mississippi, U.S. economy

By Ellery Jones, Mississippi Lumber Manufacturers Association
Magnolia Tribune
October 19, 2026
Category: Forestry
Region: US East

Ellery Jones

This week, October 18-24, is National Forest Products Week. It is a nationally designated week to recognize the forest products industry and its contributions to our nation and great state. As an industry, we provide valuable jobs in rural communities, boost local economies and provide sustainable products that build our homes and communities. Forest products are renewable, sustainable and vital to the strength of our rural economies, supporting jobs in manufacturing, forestry and logging. According to the Mississippi Department of Agriculture and Commerce and the Mississippi Forestry Association, more than 84,000 jobs are supported by forestry and forest-related industries, employing 5.18 percent of our state’s workforce. Each year, our industry generates $4.42 billion in income for Mississippi families. As an organization made up of these dedicated individuals, we are proud to support and advocate for the forest products industry. 

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From Forest Certification to Global Biodiversity Goals: A Conversation with Chief Scientist Dr. Healy Hamilton Ahead of CBD COP17

By Lizzie Mafrici and Dr. Healy Hamilton
Sustainable Forestry Initiative
October 19, 2026
Category: Forestry
Region: International

As businesses face growing pressure to measure and disclose their impacts on nature, forest certification offers a strong foundation, says Sustainable Forestry Initiative Chief Scientist Dr. Healy Hamilton. In an interview ahead of the UN biodiversity conference, CBD COP17, Hamilton explains how investor concerns are driving demand for information on species extinction risk and ecosystem condition—and why gathering and interpreting that data remains challenging. SFI is helping certified organizations navigate these expectations through a new Sustainability Framework Crosswalk Tool and a forthcoming Conservation Values Viewer developed with NatureServe. Hamilton highlights how certification supports biodiversity conservation, water protection and landscape connectivity in working forests. At COP17, SFI will join PEFC, FSC and the International Sustainable Forestry Coalition to demonstrate certification’s role in nature-related reporting and progress toward global biodiversity goals.

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Carbon, Climate & Bioenergy

Wood Pellet Association of Canada Webinar on Rotary Drum Dryer Safety Habits

The Wood Pellet Association of Canada
October 20, 2026
Category: Carbon, Climate & Bioenergy
Region: Canada

Rotary drum dryers are a key component of wood pellet production, but they can pose significant fire and explosion risks if operators do not manage conditions carefully. Although these systems are often viewed as standalone equipment, incident investigations across the sector show that dryer-related events frequently involve the entire drying line, including furnaces, ducts, cyclones, induced-draft fans and quench systems. Safer operations depend on understanding how these components work together and ensuring safety barriers are in place, functional, and continuously verified. Whether you work in operations, maintenance, engineering or process safety, this webinar will provide practical guidance to help reduce risk, improve reliability and support safer dryer operations across the facility.

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The 2026 Dissolving Wood Pulp Outlook

By Celco Conference
CelCo Cellulose Consulting
October 20, 2026
Category: Carbon, Climate & Bioenergy
Region: International

For the 15th consecutive year, CelCo founder Christian Chavassieu will present his outlook for the dissolving wood pulp industry, covering 2026 supply, demand, pricing and key developments across the major cellulose end-use markets. Drawing on CelCo’s bottom-up market analysis, the presentation will consolidate volume and pricing developments across specialty cellulose markets including viscose and lyocell, acetate, ethers, MCC, nitration, tire cord, sausage casings, sponges and cellophane. This year’s review comes at a particularly important moment for the industry, as changing capacity, competitive pressure from China and shifting downstream demand raise fundamental questions across the DWP value chain. …Combining market data with CelCo’s perspective from across the industry, the session will provide a detailed view of where supply, demand and pricing are heading — and what those changes mean for producers and consumers throughout the specialty cellulose value chain. We look forward to welcoming you to the CelCo Conference.

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Forest History & Archives

Work underway to restore historic Alberta Sawmill in L’anse, Michigan

By Ethan Desjardine
Upper Michigan’s Source
October 17, 2026
Category: Forest History & Archives
Region: United States, US East

L’ANSE, Michigan – The Alberta sawmill, designed by Henry Ford, is being restored by Michigan Tech and the Baraga County Historical Society to allow the public to experience the building. The sawmill opened on Sept. 1, 1936, and closed on June 30, 1954. Michigan Tech operated it for research until the 1980’s, and it was closed for public viewing in the early 2000’s for safety concerns. “This is a really important piece of history for the forest sector, the Keweenaw and this region has done a really good job I think with preserving our history and our knowledge of the mining era and our mining history but in terms of our forestry history, this is one of the few locations that really preserves it, highlights it,” said Mark Rudnicki, Ford Center and Forest director. Restoration work has been underway for years, with new siding donated by Louisiana-Pacific and a new roof recently installed.

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