For B.C. sawmills and loggers, 2019 was an annus horribilis that they can only hope is not repeated in 2020. Prolonged wet weather in the U.S. that delayed the construction season, higher stumpage rates, American duties on softwood lumber, a shrinking timber supply and one of the longest strikes ever by sawmill workers on Vancouver Island converged into a perfect storm that left thousands either on picket lines or unemployment lines. B.C. forestry companies went from making record profits in 2017 and 2018 to posting losses in 2019, and ...
Register for unlimited access
We work hard to bring you the latest news in the world of the international wood industry. The article you are currently reading is available only to registered users.By registering you gain access to:
- Thousands of quality articles
- In-depth analyses of market trends
- Exclusive market price insights
- And much more!
