Daily News / Global Trends / Market Analysis / Forestry / Lumber / Sawmilling / Global / North America
September 16, 2019
British Columbia’s forestry industry crisis is worsening
British Columbia's forestry industry is going through a deeper crisis, led mostly by high log prices and low timber supply. This has seriously affected the communities in the province and lowered the economy. According to CTV News, many companies have announced shutdowns or curtailments in more than two dozen mills in the province, putting hundreds out of work and slashing economic growth predictions. Advocates are calling for urgent government action to stem the bleeding. "Something needs to change immediately or these small communities that don't have other employers are going ...
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