Forest companies brace for a crash as lumber industry struggles

June 3, 2019
Category: Today's Takeaway

After record-breaking profits, forest companies are bracing for a crash as Canada’s lumber industry faces down trade disputes and climate change. In related news: Teal Jones halves its logging on Vancouver Island; and Stimson Lumber cuts jobs in Oregon. Elsewhere: John Brink to be named to the Order of BC; Frank Dottori to be honoured by Canadian Ecology Center; Forsite purchases Object Raku Technology; and EACOM and Ontario celebrate 100 years at the Timmins sawmill.

In Forestry/Climate news: FSC launches new forestry standard; how logging impacts BC’s watersheds; the Caribou deal is offensive to First Nations group; the Forest Practices Board says BC stewardship plans need work; Quebec battles a spruce budworm outbreak; and wildfires displace thousands in Alberta and the premier says ‘its complicated‘.

Finally, mass timber benefits and growth in Canada and Montana.

Kelly McCloskey, Tree Frog Editor

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