A new Forest Products Association of Canada report underscores forestry’s contribution to Canada’s economy. In other Business news: FPAC has an action plan for Canada’s new government; PotlatchDeltic reports Q1, 2025 net income of $26M; and more on the closure of San Group’s Kingsley Trucking. On the Market front: both the Canadian and US economies are shrinking; while US consumer confidence plunged again and US job openings fell.
In Forestry/Climate news: BC says it will miss its climate targets by half; Montreal researchers use tree rings to assess climate change over 800 years; firefighting drones are being tested in BC; and Alaska is split on more logging in the Tongass. Meanwhile: Passive House Canada has a new CEO; the Softwood Lumber Board’s April update; CWC’s Wood Design & Building Awards call for submissions; and SFPA’s new load tables for machine-graded lumber.
Finally, in Ward Stamer—there’s a new logger at work in the BC legislature.
Kelly McCloskey, Tree Frog News Editor
Statistics Canada says the Canadian economy shrunk in the month of February, but declines might not last long, as early signs for March point to moderate GDP growth. The agency says real gross domestic product decreased 0.2% in February. This follows previous growth in the month of January of 0.4% overall. While goods-producing industries pulled the economy up in January, Statistics Canada says it saw a decline of 0.6% overall for February. …Statistics Canada says 12 of the country’s 20 industrial sectors saw declines in February. But the manufacturing sector bucked the trend — that industry saw a 0.6% rise in February. …Advanced information from Statistics Canada indicates that real GDP increased by 0.1 per cent last month. The agency says the annualized growth rate for the first quarter of 2025 based on the March flash estimate is 1.5 per cent.
The US economy contracted in the first three months of 2025 on an import surge at the start of President Trump’s second term in office as he wages a potentially costly trade war. Gross domestic product fell at a 0.3% annualized pace, according to a Commerce Department report adjusted for seasonal factors and inflation. This was the first quarter of negative growth since Q1 of 2022. Economists had been looking for a gain of 0.4% after GDP rose by 2.4% in the fourth quarter of 2024. However, over the past day or so some Wall Street economists changed their outlook to negative growth, largely because of an unexpected rise in imports as companies and consumers sought to get ahead of the Trump tariffs implemented in early April. …The more telling number for the future of the expansion was consumer spending, and it grew, but at a relatively weak pace,” said Robert Frick. 
The April Monthly Update includes these stories and more:
After we marked Earth Day last week, the significance of forests for conservation, community benefits and human health has never been more urgent to acknowledge. Forests play many critical roles for nature and people: they provide habitat for hundreds of species, act as water filters, reduce air pollution, and are places of community connection, recreation and refuge. However, many pressures, including severe storms and wildfires, invasive alien species and habitat loss threaten these ecosystems, the benefits they provide and the relationships they support. …The economic value of our forests is just as vital as their ecological importance. According to the Forest Products Association of Canada, more than 200,000 Canadians earn their livelihood directly from forestry, sustainable agriculture and eco-tourism, contributing an impressive $87 billion in annual revenue. …The call is clear: safeguarding Canada’s forests means safeguarding ourselves. Our natural resiliency, our economic prosperity and our health require us to do our part. 
The Trump administration’s attempt to weaken the Endangered Species Act is easy to criticize. This month, it proposed a rule that would limit what constitutes “harm” under the law to only direct actions against wildlife, such as hunting, wounding or trapping. Destroying their habitats would no longer count. …As scientists warn that the world is entering a period of mass extinction, lawmakers would be wise to rethink federal conservation strategies. This means reforming the Endangered Species Act to better incentivize citizens to protect the country’s precious biodiversity. …The government could, for instance, turn protected species into assets by giving landowners financial incentives to assist in conservation efforts. …President Donald Trump and his party are unlikely to embrace these reforms. But Congress in recent years has shown that there is strong bipartisan appetite to strengthen protections for endangered species. The best way forward is to embrace market-oriented strategies.
The BC government says it will only meet half of its 2030 target to lower greenhouse gas emissions. In an annual