Forest Products Association of Canada (FPAC) applauds the Canadian government, and in particular Minister Champagne, on the signing of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) between Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, and Vietnam. This agreement will benefit the Canadian forest products industry by eliminating tariffs, as…
Global Timber Markets The Global Sawlog Price Index (GSPI) increased to US$76.34/m3 in the 4Q/17, up 1.0 percent from the 3Q/17. This was the fourth consecutive q-o-q rise, with the GSPI being up 9.8 percent in one year. Sawlog prices have gone up universally in US dollar terms in 2017, with the biggest growth occurring…
Oregon-based Roseburg Forest Products recently reached an agreement in principle with Pembroke MDF, Inc. to purchase Pembroke’s medium density fiberboard (MDF) and molding production facilities located in northeastern Ontario, Canada. Upon final due diligence and Board of Director approval, the parties expect the sale to close by April 9, 2018. The acquisition will be Roseburg’s…
Forest Products Association of Canada CEO Derek Nighbor addressed the Standing Committee on Natural Resources in support of South Okanagan–West Kootenay MP Richard Cannings’ private members Bill C-354 that would require the federal government to make wood the building material of choice for government projects. “In passing this bill, the government will send a clear…
The Newfoundland and Labrador Forest Industry Association has been formed. The association’s executive director Bill Dawson, attended the Forestry Innovation Day workshop held in Corner Brook, which was the first event in which the fledgling association has participated. According to a report in the Western Star, the organization currently is made up of four entities…
Kimberly-Clark Corporation has announced it has won a 2018 Climate Leadership Award for Excellence in the Greenhouse Gas Management (Goal Setting) category, the company’s second Climate Leadership Award in two years. The Climate Leadership Award is presented by the Bloomberg Philanthropies, the Center for Climate and Energy Solutions and The Climate Registry and celebrates organizations…
To help fight climate change, Ontario is encouraging businesses, utilities, non-profit organizations, registered charities, conservation authorities and Indigenous organizations to develop new and innovative solutions for reducing greenhouse gas pollution. Chris Ballard, Minister of the Environment and Climate Change, was joined today by Parminder Sandhu, Green Ontario Fund board chair and Interim CEO, to announce…
OTTAWA — Forest Products Association of Canada (FPAC) sees some encouraging opportunities for Canada’s forest products sector in the federal budget including measures to support our transition to a low carbon economy, skills training, and expanding trade. In the budget tabled by Finance Minister Bill Morneau entitled “Equality & Growth a Strong Middle Class”, he…
Ontario has announced the results of the first joint Ontario, Quebec, California auction of greenhouse gas emission allowances, held February 21, 2018. A total of 98,215,920 current (2016 and 2018 vintage) greenhouse gas emission allowances were sold at a settlement price of $18.44 CAD, and a total of 8,576,000 future (2021 vintage) allowances were sold…
This past December the Eastern Ontario Model Forest (EOMF) underwent a week-long audit to verify sustainable forestry practices and receive forest management certification for another five years. On January 28, 2018 the EOMF was issued a forest management certificate for the next five years, extending until January 27, 2023. The audit known as a “Forest…