Tree Frog Forestry News

Lumber curtailments not enough to fix ‘ugly market’: BMO

The Tree Frog Forestry News
May 31, 2019
Category: Today's Takeaway

Bank of Montreal’s Mark Wilde says curtailments are not enough to fix weak lumber pricing. In related news: Bloomberg’s Amanda Lang interviews Eric Miller on US trade action and how Canada’s forest industry can fight back; Pence tells Trudeau that US will approve USMCA; and Aspen Planers is down to one shift in Merritt, BC.

In other news: Nova Scotia promises reduction in clear cutting; a tentative labour agreement ends the longshoremen lockout in Vancouver; Tolko suspends operations in Alberta due to Slave Lake evacuation alert; Columbia Forest Products modernizes in Hearst, Ontario; and IP sells its India paper business. 

Finally, the ‘apocalypse is back‘ in Alberta (i.e., wildfire smoke), while 10,000 are forced from their homes

Kelly McCloskey, Tree Frog Editor

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