Tree Frog Forestry News

Forests Are a Treasure. But Are They Good Investments?

Tree Frog Forestry News
January 17, 2017

The New York Times has a feature article on how “ordinary investors can now put money into timber without venturing into the woods”, now that the big timber companies have re-organized as real estate investment trusts. However, in terms of returns, you might want to think twice as the investments have looked more like “spindly saplings than strong sequoias” (failing to match the S&P 500’s return in the last three calendar years). 

CBC News reports that—although its his “top concern“—the head of North America’s largest private sector union (Leo Gerard of the United Steelworkers) suspects “Trump’s attacks on free trade will largely spare Canada”. Former BC trade-bureaucrat Stuart Culbertson is less optimistic, suggesting “this is not the time to succumb to the perils of wishful thinking” and that “Canada needs a “back-up plan on trade“.

Finally, kudos for Tolko’s Transition Team. Merritt Mayor Neil Menard says he is “impressed with the community’s [and Tolko’s] effort to help the laid off workers” find alternative employment.
— Tree Frog Editors