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June 18, 2019

Canada: Softwood lumber industry caught between trade disputes and climate change

   The Canadian softwood lumber industry has to handle two of the biggest challenges in its history: the trade disputes and climate change. As a result of this struggle, companies in British Columbia have already cut back shifts and closed sawmills, due to a lack of log supplies and lower prices.   The high log costs in B.C., caused by a lack of logs supply due to the bark beetle infestations and wildfire seasons, resulted in record high lumber prices, which plunged in the fall of 2018. This caused temporary mill shutdowns, with more to come ...

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