Western Forest Products temporarily curtails production at B.C. sawmills
Western Forest Products Inc. says it is temporarily curtailing lumber production due to market challenges.
The Vancouver-based company says it is reducing production from its B.C. sawmills by approximately 30 million board feet during the period from October to December of this year.
This comes on top of additional curtailments that took place earlier in the year, for a total annual reduction of approximately 90 million board feet, or about 10 per cent of the company's annual lumber capacity.
Western Forest Products says the curtailments are due to a combination of market challenges including weaker lumber demand and higher U.S. softwood lumber duty rates.
It says the B.C. market is also experiencing a lack of available economic log supply at certain sawmills.
The company warned that all levels of government must work to create a policy environment that supports the forestry industry, especially as U.S. softwood lumber duty rates are set to rise significantly in the second half of 2025.
This report by The Canadian Press was first published Oct. 7, 2024.
CTVNews.ca Top Stories
Former soldier 'Canadian Dave' taken by the Taliban: sources
David Lavery, a former Canadian Forces soldier who helped approximately 100 people flee Afghanistan during the fall of Kabul, has been 'picked up' by the Taliban this week, according to multiple sources who spoke to CTV National News on the condition of anonymity.
Canada Revenue Agency eliminating nearly 600 term positions by end of 2024
The Canada Revenue Agency will be eliminating approximately 600 temporary and contract employees across the country by mid-December.
Alta. Premier Danielle Smith will be in Washington for Trump inauguration
Alberta Premier Danielle Smith will be heading to Washington, D.C., for Donald Trump’s presidential inauguration.
WestJet passengers can submit claims now in $12.5M class-action case over baggage fees
Some travellers who checked baggage on certain WestJet flights between 2014 and 2019 may now claim their share of a class-action settlement approved by the British Columbia Supreme Court last month and valued at $12.5 million.
Montreal road rage caught on video: Suspect charged with assault causing bodily harm
A 47-year-old Terrebonne man has been charged following a case of road rage in broad daylight last summer on the Ile-aux-Tourtes bridge.
Mike Tyson vs. Jake Paul: How to watch the fight, what time and who's the favourite?
YouTuber-turned-boxer Jake Paul had to wait an extra four months for his high-profile match with 58-year-old former heavyweight champion Mike Tyson, but fight night has arrived.
Interest in moving to Canada soars amid fears about Donald Trump: immigration lawyer
Fears about the next Donald Trump administration have led to more interest in moving to Canada, including from high-profile individuals, according to an immigration lawyer.
Love story: Nova Scotia couple gets engaged at Taylor Swift’s Toronto show
A Nova Scotia couple fulfilled their wildest dreams Thursday night when they got engaged at Taylor Swift’s Eras Tour in Toronto.