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Real World Logging Profits in Canada: New Report

Real World Logging Profits in Canada: New Report

  SOURCE: Canadian Forest Industries magazine CFI 2016 Contractor Survey on www.woodbusiness.ca Results of the Canadian Forest Industries magazine’s Canadian 2016 Contractor Survey were released June 21, with findings that 41 per cent of all contractors saw some form of rate increase over the past three years. For the rest, rates were either stagnant (28 per cent) or had declined somewhat (23 per cent). Just over eight per cent were either too new to have a trend or preferred not…

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Wildfires

Wildfires

A wildfire in Southern California more than tripled in size overnight and forced officials to close a major highway, while another blaze in New Mexico had communities on edge after destroying two dozen homes, according to Reuters Friday. It grew from 1,200 acres (486 hectares) on Thursday night to more than 4,000 acres (1,619 hectares) early Friday, said Kerry Bierman, a spokesperson for the joint operations centre fighting the fire. Wildfires The California fire, which broke out on Wednesday in…

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Pacific North America Climate Leadership Agreement

Pacific North America Climate Leadership Agreement

The partnership with the governments of California, Oregon, and Washington State, along with ve other major cities along the West Coast — Los Angeles, Port– land, San Francisco, Seattle, and Oakland — could lead to some innovations in BC. Pacific North America Climate Leadership Agreement With a combined population of 54 million and a GDP of US$3 trillion, Alaska, British Columbia, California, Oregon, and Washington State are poised to emerge as a mega-region and global economic powerhouse driven by innovation,…

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BC Logging Contractor Sustainability Funding

BC Logging Contractor Sustainability Funding

British Columbia Minister of Forests, Lands and Natural Resource Operations, Steve Thomson, announced May 6 more funding to the Forestry Service Providers Compensation Fund—bringing government’s total contributions to $7 million. British Columbia Logging Contractor Sustainability Funding Minister Steve Thomson announced last week an additional $1 million contribution to the Forestry Service Providers Compensation Fund—bringing government’s total fund contributions to $7 million—in a move that supports contractor sustainability and the independent harvesting contractors at the heart of BC’s forest industry. The…

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Forestry Week 2016: Vancouver, BC

Forestry Week 2016: Vancouver, BC

Demand for tissue and specialty paper globally offset that for printing and writing papers from 2004 to 2015, said the Pulp and Paper Products Council (PPPC), which represents North American newsprint producers, at the group’s annual meeting, this week in Vancouver, BC. Mixed prices and demand for commodities, as well as currency volatility continues to affect the performance of the global forest, paper and packaging industry, Kevin Bromley, PwC Partner Wednesday at that group’s annual meeting in Vancouver, BC. Forestry…

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Forestry Week 2016: Vancouver, BC

Forestry Week 2016: Vancouver, BC

Demand for tissue and specialty paper globally offset that for printing and writing papers from 2004 to 2015, said the Pulp and Paper Products Council (PPPC), which represents North American newsprint producers, at the group’s annual meeting, this week in Vancouver, BC. Mixed prices and demand for commodities, as well as currency volatility continues to affect the performance of the global forest, paper and packaging industry, Kevin Bromley, PwC Partner Wednesday at that group’s annual meeting in Vancouver, BC. Forestry…

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More on FPAC “30 by 30” Challenge

More on FPAC “30 by 30” Challenge

 As announced in last week’s issue of your Reporter, the Forest Products Association of Canada this week revealed details of it’s “30 by 30 Climate Change Challenge”. New FPAC CEO Derek Nighbor explained at PwC Forestry Week Wednesday in Vancouver, BC, that its companies aim to remove 30 megatonnes (MT) a year of carbon dioxide from the atmosphere, representing 13 per cent of the country’s overall commitment to reduce greenhouse gas (GHG) emissions by 225 MT between 2005 and 2030….

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US Lumber Groups Support Timber Innovation Act

US Lumber Groups Support Timber Innovation Act

The American Wood Council (AWC), American Forest Foundation (AFF), Binational Softwood Lumber Council (BSLC) and Southeastern Lumber Manufacturers Association (SLMA) today announced their strong support for the “Timber Innovation Act”, according to an American Wood Council release Monday. US “Timber Innovation Act” “Advancing the construction of tall wood buildings will help lower the cost of building construction and reduce reliance on fossil fuel-intensive materials,” said American Wood Council President and CEO Robert Glowinski in the combined agency release Monday. “This…

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US Lumber Groups Support Timber Innovation Act

US Lumber Groups Support Timber Innovation Act

The American Wood Council (AWC), American Forest Foundation (AFF), Binational Softwood Lumber Council (BSLC) and Southeastern Lumber Manufacturers Association (SLMA) today announced their strong support for the “Timber Innovation Act”, according to an American Wood Council release Monday. US “Timber Innovation Act”  “Advancing the construction of tall wood buildings will help lower the cost of building construction and reduce reliance on fossil fuel-intensive materials,” said American Wood Council President and CEO Robert Glowinski in the combined agency release Monday. “This…

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Interfor, Domtar, Norbord Report: 1Q 2016

Interfor, Domtar, Norbord Report: 1Q 2016

Interfor, out of Vancouver, BC, recorded adjusted EBITDA of $33.4 million on sales of $433.9 million in 1Q 2016 compared to $35.8 million on sales of $411.4 million in 4Q 2015, the company announced Thursday. Net earnings were $0.8 million, or $0.01 per share, compared with net losses of $3.5 million, or $0.05 per share, in 4Q 2015. Forest Company Quarterly Reports 2016 Interfor produced an additional 50 million board feet in 1Q 2016 versus 4Q 2015. The production increased…

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