{"id":76831,"date":"2018-12-03T13:47:07","date_gmt":"2018-12-03T13:47:07","guid":{"rendered":"https:\/\/tin.happy-projects.ro\/llarge-bc-forestry-delegation-to-visit-asias-key-markets-by-the-end-of-2018\/"},"modified":"2025-09-19T08:49:33","modified_gmt":"2025-09-19T08:49:33","slug":"llarge-bc-forestry-delegation-to-visit-asias-key-markets-by-the-end-of-2018","status":"publish","type":"post","link":"https:\/\/www.timberindustrynews.com\/ro\/llarge-bc-forestry-delegation-to-visit-asias-key-markets-by-the-end-of-2018\/","title":{"rendered":"Large BC forestry delegation to visit Asia’s key markets by the end of 2018"},"content":{"rendered":"
\n

Doug Donaldson,\u00a0B.C. Forests\/Rural Development Minister, is taking a large forestry-sector delegation to three\u00a0Asian countries this season. The move comes as an intention to\u00a0expand exports beyond the suddenly slowing American market.<\/em><\/p>\n

Donaldson, whose portfolio also includes Lands and Natural Resources Operations, will visit South Korea, Japan and China Dec. 5 -15 with a group of officials from more than 40 companies, research institutions, unions and trade associations. The number of entities represented by the delegation in last year\u2019s trade mission (to China and Japan) was around 30, according to Business in Vancouver.<\/p>\n

Donaldson led a\u00a0forestry-sector delegation to Asia last year too, but this year's edition\u00a0will include a large First Nations component. The Minister said that is very necessary for B.C. to\u00a0put First Nations communities in direct contact with potential customers in East Asia, since most of these communities\u2019 lumber businesses lack the scale to reach Asia by themselves.<\/p>\n

\u201cWe\u2019ve consistently had conversations with First Nations communities around tenure and processing more wood locally, so it just makes sense for those First Nations who are interested in growing their economies to have representation on this trip<\/em>,\u201d Donaldson said. \u201cThe major licensees can often establish their own connections - although they do find it worth their while to come along on this trade mission, as well - but there\u2019s a significant contingent of people who represent licensees that aren\u2019t as large, and this trip helps open doors and and make the connections<\/em>.\u201d<\/p>\n

At the moment, China, Japan and South Korea are the most important\u00a0wood-product export markets for B.C. and make about 29% of the province's\u00a0current wood-product exports, although each presents a distinct opportunity for local companies.<\/p>\n

Until the summer of 2018, the province has been\u00a0on a major bull market in terms of lumber exports. After this, the drop in lumber prices in the US\u00a0removed the insulation between B.C.\u2019s forestry industry and the softwood lumber duties imposed by the United States.<\/p>\n

As Business in Vancouver reported, prices\u00a0in the American market for lumber fell from US$600 per 1,000 board feet to US$300 this month. Moreover, a\u00a0striking timber supply in B.C. due partially to wildfires contributed to a slowdown.<\/p>\n

This slowdown resulted\u00a0in West Fraser Timber Co. cutting shifts at sawmills in Quesnel and Fraser Lake and laying off 135 workers. West Fraser estimates the adjustment will take 13% out of the company\u2019s B.C. production.<\/p>\n

\u201cThere are certain things that government can do to ensure we have jobs in rural communities that depend on forestry, and there are areas where it\u2019s difficult to exert influence on as a government - global markets on lumber prices, for instance<\/em>,\u201d Donaldson said. \u201cBut this trade mission is one example of something where the B.C. government has a very legitimate and importance role, and we are acting on it to make sure that there will continue to be rural jobs in forestry<\/em>.\u201d<\/p>\n<\/div>","protected":false},"excerpt":{"rendered":"

Doug Donaldson,\u00a0B.C. Forests\/Rural Development Minister, is taking a large forestry-sector delegation to three\u00a0Asian countries this season. The move comes as an intention to\u00a0expand exports beyond the suddenly slowing American market. Donaldson, whose portfolio also includes Lands and Natural Resources Operations, … Continue reading →<\/span><\/a><\/p>","protected":false},"author":1,"featured_media":57993,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[4716,4715],"tags":[4018,3313,3254,3273],"class_list":["post-76831","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-trends","category-market-analysis","tag-bc","tag-canada","tag-china","tag-forestry","topic-forestry","topic-sawmilling","area-asia-middle-east","area-china","area-north-america"],"acf":[],"yoast_head":"\nLargest forestry delegation in BC to visit Asia's key markets by the end of 2018<\/title>\n<meta name=\"description\" content=\"Doug Donaldson,\u00a0B.C. 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