The plan targets mill operations, regulatory changes, and new markets for Ontario wood products.
U.S.-Canada Softwood Lumber Dispute
Nairn Centre will run briefly to process log inventory, with the sawmill expected to operate into early to mid-June and the planer into late June.
Commerce preliminarily sets combined duties at 25%, but the current 35% rate stays in effect until a final determination.
Court says a 1977 emergency-powers law does not clearly authorize the 10% baseline duty and the fentanyl-linked tariffs on Canada, Mexico, and China.
Weak lumber markets and higher U.S. trade costs pressure results, and the company expects early 2026 prices to fluctuate with winter weather and industry-wide lumber production curtailments.
West Fraser says lumber duties, OSB and southern yellow pine oversupply, and housing affordability constraints keep wood building products markets pressured. It expects another year of modest demand in 2026 and reiterates lumber and OSB shipment targets.
Swanson returns to the role after leading the coalition from 2005 to 2012, succeeding Andrew Miller.
Leader of Russia’s largest forest industry company warns of a coming wave of bankruptcies.
Funding includes $700 million for housing-linked lumber demand, $500 million in new loans for large softwood producers, and over $100 million in worker training, expanding on prior $1.2 billion forest sector support.
British Columbia targets one billion board feet for UK, EU, and Middle East.
Russ Taylor projects sharp price increases driven by sustained US protectionism, reduced imports, and tariff-induced market distortions.
Interfor reports $216 million Q3 loss as tariffs, weak prices, and duty adjustments pressure results
Lumber output dropped to 912 million board feet as the company is proceeding with a previously announced 26% production cut; duties expenses rose $147 million, partly offset by a $9 million revaluation gain.
New report projects import dependence to continue through 2030 under ongoing production constraints.
Production scale-down equals full mill closure, affecting Fort St. James, Vanderhoof, and Prince George.
Lumber segment loses $123 million, with $67 million tied to U.S. duties.
Premier says duties will raise U.S. consumer prices while targeting B.C. forestry families.
Council says Section 232 duty of 10% lifts Canadian import taxes to over 45%.
Analysts warn of major industry losses if low lumber prices persist.
Tariff fears, falling permits, and excess supply prompt mills to cut production.
Producers are banking on lower interest rates to revive homebuilding and remodeling demand.