Learn languages naturally with fresh, real content!

tap to translate recording

Explore By Region

flag British Columbia's forestry sector struggles with low lumber prices and mill closures amid economic challenges.

flag British Columbia's forestry sector faces significant challenges due to low lumber prices, influenced by inflation, high interest rates, and declining global timber supplies. flag Prices for Western SPF lumber are below US$400 per thousand board feet, far from the 2021 peak of US$1,600. flag Over the past four years, 16 sawmills and several pulp mills have closed, with many companies relocating to the U.S. Regulatory constraints further limit timber supply, complicating potential recovery efforts.

10 Articles