Canada announced CA$500 million for forest sector transformation programs to support innovation, wood construction, Indigenous forestry, and new markets.
News in lumber
Quebec Announces “Mini Reform” of Forest Regime to Support Sawmills
Quebec will scrap sawmill royalties, ease timber auctions, and revise public forest pricing in a “mini reform” measure, Radio-Canada reported.
Canfor Announces Asset Write-Down and Impairment Charge
Canfor will record a CA$321 million non-cash asset write-down and impairment charge in 2025Q4.
Southern Parallel Forest Products to Close Albertville, AL, Sawmill
Southern Parallel Forest Products plans to close its Albertville, Alabama, sawmill on April 8, affecting 62 employees, Woodworking Network reported.
Canadian Industrial Product and Raw Materials Price Indices for January
The Industrial Product Price Index rose 2.7% in January, while the Raw Materials Price Index rose 7.7%. Softwood lumber prices rose 3.7%.
President Trump Announces New Global Tariffs After IEEPA Ruling; Lumber Exempt
Due to exemptions, the measure does not alter current duty exposure for lumber imports covered by Section 232 or USMCA.
Rayonier and PotlatchDeltic Close Merger
Rayonier and PotlatchDeltic closed their merger, creating a timberland company with over four million acres, six sawmills, and a plywood mill.
Quebec’s Lac-Saint-Jean Sawmill Indefinitely Ceases Operations
Ferland-Boileau Forestry Cooperative will indefinitely close its Lac-Saint-Jean sawmill in Quebec amid US tariffs and a weak lumber market.
Canadian Sawmill Production and Shipments Decline in November
Canadian sawmill lumber production fell 7.7% in November 2025, while shipments dropped 13.3%, StatCan reported.
Montana Forest Industry Faces Continued Declines and Uncertainty
Montana’s forestry sector is entering 2026 with tariff uncertainty, weak lumber prices, and mill closures that continue to pressure the industry, the Montana State Exponent reported.