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January 12, 2022
B.C. lumber producers on a roller-coaster ride due to price changes
BC Lumber producers are accustomed to boom and bust cycles, but the past two years have been surprisingly volatile for the industry. Lumber prices fell at the start of the COVID-19 pandemic, then hit record highs, only to fall again and rebound. The protests against old-growth logging on Vancouver Island that began in 2020 by environmentalists have attracted international attention. In 2021, the B.C. government announced plans to restrict logging in old-growth forests, nearly three decades after the Clinton administration banned timber harvesting in the US Pacific Northwest. North American ...
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