Daily News / Global Trends / Market Analysis / Forestry / Lumber / Sawmilling / Statistics / Wood Products / Global / North America
October 29, 2019
B.C. forestry crisis in figures: 25% fall in export sales and a $3.4 billion loss
The crisis in British Columbia’s forestry sector that saw more than 20 sawmills close or curtail production over the summer and put some 3,000 sawmill employees out of work, at least temporarily, is showing up in worsening trade figures for the province. To the end of August, the cascading series of mill closures and production curtailments translated into an 11-per-cent drop in the volume of lumber exports, according to trade figures from B.C. Stats. By value, the loss appears deeper with the $3.4 billion in export ...
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B.C. logging companies diversifying products amid high fibre costs, oversupply and low lumber pricesCompanies in the timber industry / Daily News / Global Trends / Market Analysis / Wood Industry Prices / Forestry / Lumber / Price analysis and info / Sawmilling / Wood construction / Wood Products / Global / North America