Economic updates by key US and Canadian entities point to modest recessions in late 2022/early 2023. In related news: why Canada’s loonie is no longer a petro-dollar; US building materials, mortgage activity continue to fall; global softwood trade declines 20%; and pulp shortages push costs up. In other Business news: Altas Holdings completes Crown Paper acquisition and Japan builds its first hybrid timber high-rise hotel.
Other stories making news: Biden designates October 12 as ‘National Loggers Day‘; Reuters on why Arctic fires are growing; the National Observer on Canada’s disappearing forests; the Washington Post’s investigation of Amazon deforestation; and Ontario invests in drone reforestation, while recruitment issues plague the province’s wildfire program.
Finally, registration opens for the TLA convention, and US WoodWorks’ final call for wood design awards.
Kelly McCloskey, Tree Frog Editor