by Working Forest | May 13, 2015 | Archives
Ever since 2000, lumber has been something of a sore subject in the United States. Growth in Chinese furniture manufacturing has undercut many domestic businesses, turning local hardwood production into more of an export-driven endeavor. And the housing crisis has put...
by Working Forest | May 13, 2015 | Archives
A British company buying up thousands of hectares of cleared farmland in B.C.’s Interior for carbon offset projects will have to get its plans past B.C.’s Agricultural Land Commission first, Agriculture Minister Norm Letnick says. The B.C. government has...
by Working Forest | May 13, 2015 | Archives
Forget about a supercycle that’s going to boost lumber prices into the stratosphere. The recovery of British Columbia’s forest sector is now expected to be slow but steady growth. That’s the view coming out of PwC’s May 6 Global Forest and Paper Industry Conference...
by Working Forest | May 13, 2015 | Archives
With Wildwood Ecoforest’s fate up in the air, a grassroots group is concerned the non-profit society holding the site in trust will amend its bylaws to help facilitate a sale. The 31-hectare site, located in Cedar, was sold by the late Merv Wilkinson, a sustainable...
by Working Forest | May 13, 2015 | Archives
Adjusted earnings before tax, depreciation and amortization (EBITDA) were $14.0 million compared to $6.8 million in Q4 2014. Excluding specific items, our net loss was $12.6 million compared to a net loss of $10.4 million in the fourth quarter of 2014. In the first...
by Working Forest | May 13, 2015 | Archives
British Columbia has experienced a significant increase in wildfire activity in the last decade, and if predictions from government fire scientists come true, we can expect to see further increases in burned area and cost in the coming decade. With each catastrophic...