During the last decade the struggling Canadian forestry industry has been in steady decline with sawmills and paper mills having borne the brunt of recent closures. When a mill closes, the repercussions for a small northern Manitoba town can be nothing short of disastrous. The closure not only affects mill employees but the ensuing trickle-down effect has an impact on the entire community with far-reaching ramifications for contractors, secondary and tertiary workers. With the recent announcement that the Tolko paper mill will cease operations on December 2, 2016, again we’re faced with the age-old question: How can a community prepare for the potential loss of its primary employer?
Tag: wood market
German sawmills dominate market in India
During January-July 2016, total import of softwood lumber in India, was equal to 252 000 m³. Among India’s main trading partners in North America and Europe, Germany become a dominant market player in India, with a share equal toContinue reading
Does EU destroy forests in Southeast U.S?
The European Commission proposal is to maintain the EU’s position as a world leader in renewable energy and the EU has declared it would use wood from sustainable sources only. Fast growing conditions, abundant forestContinue reading
The Internet harms global demand for paper products
The Internet together with other information and communication technologies, such as personal computers and cellular phones, have provided an electronic alternative to newspapers and printed materials in recent decades. Researchers from the United States examinedContinue reading
Housing market has improved in the U.S.
The Virginia Tech–U.S. Forest Service reported recently that housing has improved in the United States, in June 2016. However, most sectors of the housing market remain well less than their respective historical averages.
High log prices in New Zealand
Despite diminishing demand from China, log prices in New Zealand are expected to remain high in the rest of 2016. This phenomenon is quite surprising as it is against market rules. Nevertheless, there are otherContinue reading