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B.C. Lumber Industry Not Expected To Meet U.S. Demand

Plans by West Fraser Timber Co. Ltd. and Canfor Corp. to close sawmills in the interior have raised concerns that B.C. lumber output in the region will lag demand driven by a rebound in the U.S. housing market. B.C. interior sawmills operated by firms such as West...

Lumber Mills Expand As Prices Rise Most Since 1993

North American mills are sawing lumber at the fastest pace in six years after a recovering U.S. housing market, a beetle infestation in Canada and increasing Chinese demand drove the biggest price surge in two decades. About 55.5 billion of the industry’s standard...