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Keyword: Canada

Trump administration’s lumber tariffs forces Canadian producers to idle sawmills

U.S. lumber prices reached record prices during the first half of 2018, but have come to plunge 47% starting [...]

Lumber industry in British Columbia is optimistic about growth in exports to China

British Columbia lumber producers are getting ready for a rough 2019, considering the concerns over Canada-China trade, the US [...]

British Columbia’s largest forestry delegation to visit China, Japan and South Korea at the end of 2018

Doug Donaldson, B.C. Forests/Rural Development Minister, is taking a large forestry-sector delegation to three Asian countries this [...]

US lumber production up by 5%; Canadian output falls

U.S. sawmills produced 23.855 billion board ft. (bbf) of softwood lumber in the first eight months of 2018 [...]

Canadian lumber companies in trouble: high log prices and low supply cause production curtailments

Hundreds of sawmill workers are being laid off in B.C., some of them permanently, despite recent record profits made [...]

Canadian government to invest in a wood pellet and sawmill complex

The Canadian government revealed plans to invest $15 million in Granule 777 Inc. The funds will go towards helping the [...]

Forecast: Canada still a major supplier of softwood lumber to the US in the next decade

The softwood sawmilling sector in Eastern Canada will play an increasingly important role as a key supplier to the growing [...]

Forecast: China to become British Columbia’s main forest products export market, surpassing the US

Canada’s key export-support organization boldly predicts China will surpass the United States as British Columbia’s top market [...]

Pinnacle posts record wood pellet volumes in Q3 report

Canadian wood pellet producer Pinnacle Renewable Energy increased its third-quarter revenues 6.4 per cent compared to 2017 numbers [...]

The crisis of the Canadian lumber market might be over, says Resolute CEO

The decline of lumber prices in Canada is, most likely, over. Even if prices won’t rebound to this year [...]