West Fraser’s Q1 loss narrows as improved pricing lifts core businesses back into positive territory. In related news: Legacy Paper re-opens in Port Huron, Wisconsin; Suzano reports record pulp sales; FPAC says red tape is driving away investment; AF&PA says a Renewable Fuel proposal threatens pulp mills; Canada held interest rates steady, and the US Fed changes leadership but Powell stays on board. Meanwhile: Premier Ford’s strategy for Ontario’s forest sector; and the US Endowment’s 2025 Annual Report.
In Forestry news: BC lowers penalty for exporting unprocessed logs; Mosaic launches pilot for major forest cleanup; Manitoba lacks weather radar to fight northern fires; and ENGOs file lawsuit to stop logging in Montana. Meanwhile: the US Endowment announced $500k RFP for forest health projects; the USDA issued a wildfire readiness memorandum; and Georgia is using prescribed burns to address its wildfire emergency.
Finally, political columnist Vaughn Palmer sides with BC First Nations Chief that DRIPA means co-government.
Kelly McCloskey, Tree Frog News Editor







The Bank of Canada held its policy interest rate at 2.25 per cent for the fourth consecutive time on Wednesday, but warned that it would be closely watching the impact of rising oil prices on inflation in the coming months amid ongoing uncertainty caused by the war in Iran. …Inflation has been close to two per cent for over a year but rose to 2.4 per cent in March after slowing to 1.8 per cent in February. The central bank base case forecast is that inflation will peak in April at about three per cent before returning to the two per cent target in early 2027, but that is assuming global oil prices decline. U.S. tariff measures along with the uncertainty surrounding the Canada-United-States-Mexico Agreement (CUSMA) have also added to the uncertainty ahead of the July 1 CUSMA review deadline, especially since the Canadian government has not yet launched formal discussions with U.S. officials.
VANCOUVER, BC — West Fraser Timber reported the first quarter results of 2026. First quarter sales were $1.334 billion, compared to $1.165 billion in the fourth quarter of 2025. First quarter earnings were $(188) million, compared to earnings of $(751) million in the fourth quarter of 2025. First quarter Adjusted EBITDA was $(66) million compared to $(79) million in the fourth quarter of 2025. Included in first quarter Adjusted EBITDA in the Lumber segment is ($114) million of duty adjustments related to prior periods compared to nil in the fourth quarter of 2025. …North America Engineered Wood Products segment Adjusted EBITDA of $11 million, and Europe Engineered Wood Products segment Adjusted EBITDA of $10 million. …Sean McLaren, West Fraser’s President and CEO said “Excluding the impact of prior year duty adjustments, we were pleased to see all of our core segments – lumber, NA EWP, and Europe EWP – report positive Adjusted EBITDA.” 



NEW BRUNSWICK — Postmedia plans to stop printing most New Brunswick newspapers in Moncton. Postmedia publishes the Times & Transcript, Telegraph-Journal, Daily Gleaner and other local newspapers. They are printed and distributed from a building along Main Street in downtown Moncton. Dave Arsenault, president of the New Brunswick Media Guild, confirmed that print and distribution will cease in Moncton and be moved elsewhere. …”Following an assessment of printing and insert packaging operations, it was determined that outsourcing these operations from Postmedia’s Moncton facility would allow us to continue serving print subscribers and advertisers while supporting long-term financial sustainability,” the company said Wednesday. The printing will be outsourced out of province starting Aug. 2. Postmedia bought most of New Brunswick’s English-language newspapers from Irving-owned Brunswick News in 2022.
Sumitomo Forestry’s $4.5 billion Tri Pointe buyout was approved with more than 99% support, taking the combined Japanese-owned share of US single-family home construction from just 0.2 per cent in 2015 to close to 6 per cent in 2026. Sumitomo Forestry’s buyout of Tri Pointe Homes, one of California’s largest builders, was approved at a special meeting in Irvine, California, earlier this month, with the deal set to be completed by mid-year. The Tri Pointe transaction, first announced in February, is the largest US homebuilder acquisition by a Japanese forest-based conglomerate in history, and follows the same playbook Sumitomo has already run across Australia, where Japanese conglomerates wholly or partly own just under 30 per cent of the country’s top 20 housebuilders. …Tri Pointe gives the Tokyo-listed parent access to California and Nevada, the two major US growth states where Sumitomo… had no meaningful presence. 
Extreme weather events in northern Manitoba are challenging to navigate, and the lack of weather radar sites in the northern part of the province only adds to that challenge, experts say. “We experienced that a lot last summer during our forest fire,” said Mike Funk, the emergency co-ordinator for the City of Flin Flon. “We would get reports from Environment Canada, [saying] ‘We’re expecting rainfall,’ and they were great at predicting the time that it would hit [elsewhere]. But by the time it got close to your area, nothing happened.” Last spring, Flin Flon, more than 600 kilometers northwest of Winnipeg, was nearly encircled by wildfires. The city of roughly 5,000 was evacuated for weeks. Funk said a weather radar station in the north would give his community a clearer picture of what type of weather they could expect.
Mother Nature is the expert on growing forests, but sometimes she needs a helping hand. This hand is especially helpful when something disrupts her well-honed process in the first place. Such is the case with the forestry plantations in qax mot and the effort to restore these areas by the Comox Valley Land Trust (CVLT). Located at the Morrison Creek headwaters up Lake Trail Rd., the qax mot Conservation Area consists of 22 hectares of riparian forests and forestry plantations. …About 9 per cent of qax mot consists of forestry plantations. While it might seem like planting trees is always a good idea, the way the Douglas fir plantations were installed prohibit the natural regenerative cycle essential to a healthy forest. The trees were planted too closely, making it nearly impossible for light to break through the canopy, leaving the forest floor virtually barren of the undergrowth species we associate with a thriving West Coast forest.
The U.S. Endowment for Forestry and Communities announced a new Request for Proposals (RFP) to accelerate the deployment of innovative technology solutions that improve forest health, strengthen forest management capacity and support the long-term strength of working forests, wood markets and forest-reliant communities. Across the country, forests are facing growing pressure from wildfire, pests and disease, fragmentation, limited active management and shifting market conditions. At the same time, new technology is creating practical opportunities to help landowners, forest managers and partners better monitor forests, make informed decisions and carry out work more effectively at the landscape scale. …The Endowment will provide up to $500,000 through this RFP to support one or more projects. …Proposals are due on June 4, 2026, at 5 p.m. EDT.
The Gallatin Wildlife Association, Alliance for The Wild Rockies, Native Ecosystems Council, and Council on Wildlife and Fish claim in a new federal lawsuit the United States Forest Service could be logging and using prescribed burns in Montana’s best-known recreational areas without presenting required research that would demonstrate the project isn’t negatively impacting threatened or endangered species. Their attorneys say logging and burning on more than 5,600 acres between Hyalite and South Cottonwood canyons, south of Bozeman in the Gallatin Mountains would mean cutting through old-growth forests, building new roads and negatively impact threatened species ranging from Canada lynx to Northern goshawks to whitebark pine trees. It claims U.S. Forest Service officials have overlooked or ignored a handful of federal laws to fast-track the project which the groups say will be highly visible to recreational enthusiasts. U.S. Forest Service staff have a policy of not commenting on any pending litigation. 
