A major US housing affordability bill became law without President Trump’s signature. In other Business news: Mercer received a Nasdaq non-compliance notice; Hunt Forest Products begins shipments on new rail connection; International Paper temporarily suspends its Alabama mill; and the EPA requires hazardous chemical removal at shuttered Cosmo Specialty Fibers mill. Meanwhile: Numera Analytics says the Iran conflict has not derailed the global recovery; technology is changing homebuilding in BC; US homebuilders face shortage of skilled workers; Rebox Corp appoints Kyle Otting CEO; and the Pacific Lumber Inspection Bureau elected a new board.
In Forestry news: the Trump administration narrows Endangered Species Act protections; Californians debate the Fix Our Forests Act; BC outdoor groups prioritize resource roads for recreation access; and a European report says timber producers face fibre supply challenges. Meanwhile: a new warning for tick-borne disease; and why doctors say we need to take wildfire smoke seriously.
Finally, in case you missed it, we reintroduced political risk expert Robert McKellar, who helps forest sector leaders make sense of today’s relentless news cycle and focus on what really matters.
Kelly McCloskey, Tree Frog News Editor
The Canadian lumber industry saw enormous price spikes during the pandemic years of 2020-2022, with costs close to triple what they are today for some products. … “We saw prices skyrocket during COVID, but so too did the cost to operate,” said Aspen Dudzic, the Alberta Forest Products Assocation’s communications director. “And interestingly, post-COVID, we saw the market prices for lumber go down, but the costs to operate have not come down in the same way.” Even though lumber costs have seen a huge drop in prices in a vacuum, why haven’t these cost savings been passed on to the consumer? …“The supply chain is really complex,” Dudzic said. “Nothing we do operates in a vacuum, so there’s a lot of other compounding costs that we have to look at, like inflationary pressures, upticks in fuel and energy prices. …Top of mind is the ongoing trade war with the US.
High mortgage rates aren’t the only reason homeownership remains out of reach for many Americans. Behind the scenes, homebuilders are grappling with an overlooked challenge — a shortage of skilled workers — that is slowing construction and making it harder to close the nation’s housing gap. Builders say the labor shortage is creating a ripple effect throughout the housing market, delaying projects, raising construction costs and limiting the number of new homes coming online at a time when demand continues to outpace supply. “Labor is one of the largest and most expensive inputs when it comes to home production and land development,” Jim Tobin, president and CEO of the NAHB. He said that every month, the construction industry is short by approximately 250,000 workers. …A recent NAHB report estimates builders will need roughly 723,000 new workers annually to keep pace with demand and help close the nation’s 1.5 million-home housing gap.
On July 9, 2026, Mercer International received a notice from Nasdaq staff that the company’s common stock had failed to meet the exchange’s minimum bid price requirement of $1.00 per share for 30 consecutive business days, triggering a formal non-compliance status under Nasdaq rules. The notification does not immediately affect the listing or trading of Mercer’s securities, but it places the company under an initial 180-day compliance period in which it must restore its share price to at least $1.00 for ten consecutive business days to avoid potential future delisting pressure. Mercer is working to regain compliance, though it acknowledges there is no assurance it can meet the requirement within the timeframe. The development… could influence investor sentiment and the company’s capital markets flexibility depending on its ability to achieve and sustain the mandated bid price threshold. [to access the full story a Globe and Mail subscription is required]
…As some resource roads across the province fall into disrepair … outdoor groups are working to save them. 
People are invited to share their input and help guide the development of recommendations and long-term solutions for water supply and ecosystem health in the Goat River watershed. The Province of British Columbia, in partnership with yaqan nuʔkiy (Lower Kootenay Band) and the Regional District of Central Kootenay (RDCK), has launched a tripartite working group to address growing water-scarcity challenges in the Goat River watershed and develop recommendations for long-term water management in the Creston Valley. As part of the process, a survey will gather insights from community members, water users, farmers, industry and other interested parties about their vision for the Goat River watershed. The survey is available until Aug. 1, 2026. …The Goat River Watershed Collective Conversations Working Group brings together representatives from the Province, yaqan nuʔkiy and the RDCK. It will serve as a recommendation-making body, developing joint recommendations for consideration by yaqan nuʔkiy leadership, the RDCK board of directors and provincial ministries. 
A historic drought is turning Colorado’s mountain landscapes into a tinderbox. After last winter’s record-low snowpack, wildland firefighters who continuously monitor indexes of weather and climate data to help predict wildfire risk and how conditions might affect fire behavior say they’re staring down unprecedented levels of dryness. “That lack of snowpack has had a very real impact on the fuels, the vegetation — specifically the large logs that are on the ground,” said Jim King, the fire behavior analyst for the Willow Fire burning near Leadville. “Those are 1,000-hour fuels. The way we measure those in this line of work, they’re just at the very peak. They’re basically as dry as they can get.” …King described how bone-dry logs in the dense forest near Turquoise Lake, along with high winds, contributed to 100-foot columns of flames and extreme fire behavior that at times threw “spots” …more than a half mile ahead of the blaze.
ITALY — The good news is that European forests continue to grow: according to the 2025–2026 Annual Report of the European Organisation of the Sawmill Industry (EOS), a body representing around 80 per cent of European sawn timber production, European forests now cover over 232 million hectares, equivalent to 35.4% of the continent’s land area, and over the last 35 years they have expanded by more than 23 million hectares, with an average increase of around 665,000 hectares each year. At the same time, Europe’s forest stock has reached 38.3 billion cubic metres, an increase of around 45% compared with 1990. Yet – and this is the less positive news – the availability of raw materials for the timber industry remains one of the main challenges to the sector’s competitiveness and to Europe’s sustainability objectives, as emerged from the Forestry-Timber General Assembly organised in Bologna by Filiera Legno (an association representing almost 600 companies in the timber industry). 
Smoke from two major wildfires burning in British Columbia’s Fraser Canyon is leading to air quality warnings across parts of the province, with an emergency physician warning the health effects extend far beyond watery eyes and a scratchy throat. “It is considered to be one of the biggest public health threats that we face,” said Dr. Courtney Howard, who is also the president-elect of the Canadian Medical Association. … “The particulate matter in smoke that’s less than 2.5 microns can go all the way down into our lungs, and the ultrafine particles can actually cross over into our bloodstream,” she said. …Howard said scientists are only beginning to understand the long-term health effects of repeated wildfire smoke exposure because the research is still limited. “We don’t have good evidence on the long-term outcomes yet,” she said. But a small number of studies, according to Howard, have suggested possible links with high rates of brain cancer and lung cancer.
Firefighting aircraft battled to contain a wildfire raging in a forest south of Paris for a second day on Monday, with the blaze forcing some residents from their homes as the region baked in a latest heatwave. French officials rushed two firefighting planes to the Paris region Sunday, after a fire erupted south of the French capital, disrupting traffic during a busy summer travel weekend and piling more misery on a region sweltering through its latest heatwave. The fire, which officials described as “very virulent” and of “exceptional scale”, began late afternoon in the sprawling Fontainebleau forest about 60 kilometres (40 miles) south-east of the capital, a onetime royal hunting preserve that today is dotted with quiet villages. It had raced across 800 hectares and was still spreading, officials said early Monday, causing the partial closure of the A6 highway, the country’s main north-south artery.