Canadian investor Prem Watsa was “purposely forgetful” and offered a “mindboggling” explanation in court testimony explaining why he backed a low-ball bid for a pulp mill in a sale to Resolute Forest Products Inc., a Montreal judge concluded in the seven-year-old case. […]
Wood raw-material costs for many lumber producers in Europe and North America have fallen over the past year both because of increased timber harvests and reduced log demand, particularly in North America and Asia. Some of the biggest price changes in the 1H/19 have been seen in the Western US, Central Europe and New Zealand. […]
Despite a tumultuous 2019 that saw the B.C. forestry sector become one of the province’s most embattled industries, there is a possible light at the end of the tunnel if companies embrace a new business model with emphasis on high-value products. […]
A downturn in British Columbia’s lumber industry is a chance to refocus on getting more money out of provincial forests, Premier John Horgan said Friday. […]
Today, John Yakabuski, Minister of Natural Resources and Forestry, visited Lavern Heideman & Sons as part of National Forest Week to see how the province’s investment is helping create more local jobs and increase overall production. […]
No more cutting firewood and no more thinning, at least for now in New Mexico’s National Forests. The Forest Service has to comply with a federal court order meant to protect an endangered species. […]
A convoy of logging trucks gained some attention as protesting drivers blew their horns while winding their big rigs through Vancouver streets on Wednesday. […]
If you surveyed 1,000 Canadians, as pollsters often do, and asked them to provide an example of an innovative sector, most would not name forestry. Yet, in an age of increased trade protectionism, worsening forest fires and concerns about environmental impact of materials from cement to plastic, Canada’s forest products industry is meeting these challenges head on. […]
A federal judge on Monday temporarily halted a Trump administration plan for logging in part of the Tongass National Forest in Alaska, barring a disputed lease sale a day before bids were to be opened. […]
The BC Council of Forest Industries (COFI) today released a plan – “Smart Future: A Path Forward for B.C.’s Forest Products Industry” – with 60 policy choices that can be made today to secure a stronger future for B.C.’s forest sector. […]
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