B.C. forest industry can expect the loss of another 12 sawmills over next decade, analyst estimates

Tolko’s recent announcement of the permanent closure of its Quest Wood sawmill in Quesnel and curtailments at its Kelowna mill will not be the last. As pointed out by Jim Girvan, B.C.’s forest products industry is facing threats from wildfires, spruce beetle epidemics, and set asides for caribou populations in addition to the long-anticipated decline in timber supply due to the Mountain Pine Beetle epidemic, FEA is partnering with Jim Girvan to quantify the likely impact to the industry of the declining timber supply in a report that will be available soon.

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FEA compiles the Wood Markets News from various 3rd party sources to provide readers with the latest news impacting forest product markets. Opinions or views expressed in these articles do not necessarily represent those of FEA.