BC’s plan to modernize the regulation of forestry includes redistributing tenure to value-added companies and Indigenous communities. Commenting: Susan Yurkovich praised the establishment of a vision that includes protecting jobs; Vaughn Palmer says the process will be painful and costly; Sonia Furstenau says it lacks leadership; while Torrance Coste calls it status quo. Meanwhile: Trudeau ups Canada’s wildfire budget; and a US judge rejects efforts to halt wildfire protection efforts in California.
In Business news: the US Commerce Secretary may hold a lumber price summit, as GOP lawmakers and analysts criticize the proposed increase in tariffs. In related news: an interview with Madison’s Keta Kosman on the future of prices; and Forests2Market on lumber’s lower-than-expected capacity utilization.
Finally, a surprise – the well funded, mass timber startup Katerra is shutting down.
Kelly McCloskey, Tree Frog Editor