Canadian sawmill production fell 21.0% in December 2025, while shipments decreased 14.2%.
Wood Markets News
US Mortgage Applications Rise in the Week Ending February 27
Mortgage loan application volume increased 11.0% on a seasonally adjusted basis from one week earlier, MBA reported.
ADP: Private Sector Employment and Compensation Increase in February
Private sector employment increased by 63,000 in February, while annual pay rose 4.5%, ADP reported.
Middle East Crisis Could Disrupt Finland’s Wood Product Exports to Asia
Rising tensions in the Middle East could delay Finnish forest product exports to Asia and increase freight costs if shipping routes are required to shift, PulpaperNews reported.
Metsä Fibre to Shut Down Joutseno, Finland, Pulp Mill Production on March 31
Metsä Fibre will shut down production at its Joutseno pulp mill on March 31 to adjust output amid uncertain demand in Asian markets.
BC Wildfire Service Staff Return From Australia Deployment Ahead of 2026 Season
BC Wildfire Service staff returned to BC after a month assisting wildfire response operations in Victoria, Australia, as the province prepares for the 2026 fire season.
13.7% of US Pending Home Sales Were Canceled in January
About 13.7% of US pending home sales were canceled in January—nearly 40,000 contracts—the highest January share since Redfin began tracking the data in 2017.
Kalesnikoff Receives CA$5.5 Million as Part of Canada Tariff Response Initiative in BC
Canada is investing more than CA$13 million in 10 Regional Tariff Response Initiative projects in BC, including $5.5 million for Kalesnikoff.
Construction Underway on Mass Timber Bridge Across Ontario’s Berens River
A mass timber bridge across Ontario’s Berens River is under construction and expected to deliver year-round access to Pikangikum First Nation by 2028.
US Multifamily Absorption Rate Holds Steady in 2025Q2
The US multifamily absorption rate held steady in 2025Q2, with 47% of the 93,680 newly completed units rented within three months, the Census Bureau and NAHB reported.