North American lumber prices out pace Nordic countries, Russia and China

June 21, 2018
Category: Today's Takeaway

Wood Resources International reports that global lumber prices have continued their two-year climb in 2018, with the pace higher in North America than in Nordic countries, Russia and China. In other Business news, Quebec’s Premier Philippe Couillard is heading to Washington to push back on US protectionist trade policies; while Maine’s forest industry is benefiting from some of them.

In other news: the idea of granting Indigenous communities the power of consent over resource development is gaining momentum in BC; Trump says the president’s authority supersedes timber laws that would allow harvesting; a new study says earth’s intact forests are shrinking faster than in the past; and the move from coal to wood pellets is helping the UK meet its energy goals. 

Kelly McCloskey, Tree Frog Editor

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