Forestry / Lumber / Price analysis and info / Pulp & Paper / Sawmilling / Wood Products / Global / North America
July 23, 2020
BC forest industry faces high operating costs and wave of sawmills closures
Softwood lumber prices soared 75% in recent weeks – but that won’t bring closed mills back As governments look to kick-start economies stalled by pandemic restrictions, natural resource sectors say they are in a good position to put British Columbians to work. B.C.’s forestry sector could be one of them, especially given a recent spike in softwood lumber prices, but the industry is being crippled by disproportionately high operating costs – something the provincial government could address but appears unwilling to do, says Susan Yurkovich, CEO of the Council of Forest Industries ...
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