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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

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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