Despite a 20% tariff on wood products shipped to the United States, the Canadian forest industry is still basking in the sunshine because of high lumber prices, Russ Taylor, president of International Wood Markets Group, said Thursday at the close of a day-long global lumber conference in Vancouver. “The storm is coming, but we are…
The United States has imposed duties up to 24 per cent on Canadian softwood lumber exports, causing concern about job losses in communities across Alberta. Here’s some background on the feud. What’s the dispute all about? The United States has argued for decades that Canada is unfairly subsidizing its lumber industry. Most Canadian logging happens…
Officials with Ontario’s Ministry of Natural Resources and Forestry say a new base for forest firefighting efforts at the airport in North Bay will better protect northern communities and firefighters. Representatives from the province and the City of North Bay were on-hand Friday to officially open the new fire management headquarters at the Jack Garland…
Natural Resources Canada is forecasting an average wildfire season for much of the country this year. Researchers say dry conditions and low precipitation in areas of Alberta, British Columbia, southern Yukon and the Northwest Territories may cause a gradual increase in fire threat in the coming weeks. The danger for these areas — which include…
A new tariff imposed by the United States is set to impact the lumber industry both in Kapuskasing and across the country. Jim Carr, Ontario Minister of Natural Resources and Forestry, told reporters in Ottawa Tuesday, “There inevitably will be job loss.” Carr spoke to reporters less than a day after Trump announced a tariff…
The PwC Q1 2017 FPP Deals Insights saw an increase in deal volume and total deal value relative to the fourth quarter (Q4) of 2016. A total of 23 M & A deals were announced during Q1 2017 with a total value of US$4.2 billion. This activity is being driven by a relatively healthy and…
For the past several months, the industry has been reeling over speculation about impending tariffs on Canadian softwood lumber and what they might mean for the housing industry. With the announcement of the first round of duties a few weeks ago, official answers have started coming — but there’s still plenty of uncertainty and potential…
Biorefining has the potential to be the next-generation fuel, with Thunder Bay and the region in the heart of the fuel source. More than 120 scientists, experts in the biorefining, have converged on Thunder Bay for an extensive three-day conference. Lew Christopher, chair of the conference and director for Lakehead University’s Biorefining Research Institute, said…
It’s that time of year again. We are being invaded, but in a very good way. You often see them at many of our friendly coffee establishments and restaurants. They come in all shapes and sizes. One only has to look at their hands to see that those are the hands of some very hard…
On May 8, the capping ceremony for project Origine, the tallest wood-constructed condominium in North America, took place in Quebec City’s Pointe-aux-Lièvres eco-district. The building, constructed by a consortium of EBC inc., Nordic Structures and Synchro Immobilier, is a 12-storey wood structure on top of a one-storey concrete podium. The 41-metre tall condo uses cross-laminated…