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February 21, 2022

Is wood products business over in British Columbia?

Is wood products business over in British Columbia?
Major forestry players are turning away from Canada’s western province and investing in Eastern Canada, the U.S. and Europe.    Last November will be a month the B.C. forest industry remembers for many years, if not decades.    The month began with a bombshell announcement from the B.C. government, halting logging in 2.6 million hectares of old-growth forests. Shortly after, the province announced a swath of policy changes to the forest tenure system aimed at reducing timber harvesting rights for the major players and redistributing them to First ...

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