Rubber and Wood
West Fraser Foresees Stable Lumber Demand, Softer OSB in 2026
Adjusted EBITDA improved to $59 million, compared with a negative $66 million in the first quarter. The lumber business generated $41 million in adjusted EBITDA.Ottawa lends Millar Western Lumber $100M to cope with tariff impacts
Canada’s forest sector has been hit directly by steep U.S. tariffs but Finance Canada also says the domestic softwood lumber industry is struggling under the weight of global trade disputes.Canfor Announces Permanent Closure of Fox Creek Sawmill
The Fox Creek mill was originally rebuilt in 2011 after a fire destroyed the previous facility in 2008.Canadian lumber giant is shifting corporate support operations to Georgia
The July 9 memo says "a continued West Coast presence" will be maintained as part of a multi-year operational strategy and that the company hopes to handle the gradual shift to a U.S. corporate support hub largely through attrition and future hiring decisions.Canada’s Wildfires Drive US Lumber Prices to a 12-Month High
British Columbia, the country’s largest lumber-exporting province, is bearing the worst of it, with the BC Wildfire Service counting 89 active fires after nearly 34,000 lightning strikes in a single week set the central and southern Interior alight.Nevada, Oregon sawmills get $80M to expand and fight wildfires
Clatskanie Scion LLC in Oregon will receive $30 million in guaranteed loans in partnership with First Interstate Bank.Canadian forest sector faces another blow with new U.S. tariff onslaught
The U.S. government announced a plan late Monday to impose a 50 per cent tariff on hundreds of categories of Canadian goods, including several varieties of plywood, paper and other wood-derived products.Carrier Forest Products Shuts Big River Sawmill, 117 Employees Affected
A small workforce will remain at the site until the end of January to oversee an orderly suspension of operations.Canada’s timber industry is finding U.S. duties and tariffs hard to overcome
Last October’s 10% tariff would be added to any revised duty rate. If the Department of Commerce goes through with plans to reduce levies on Canadian lumber, the new combination of duties and tariffs is expected to be 34.83%.