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Tuesday, February 19, 2019
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Home News Forestry Industry Outlook

Forestry Industry Outlook

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By Dwight Ford

The Forest Products Association of Canada says the survival of this country’s forest industry depends in wringing the maximum value “from every tree harvested.”

In a report released yesterday, the association says, that means keeping some traditional markets for wood, while creating new markets, in biochemicals and bioenergy.

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BC’s Forest’s Minister Pat Bell agrees with that conclusion and claims it is closely aligned with the direction his Ministry is already charting…

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Association President Avrim Lazar predicts demand for paper will continue to fall, but there’s good future demand for lumber, pulp, bioenergy and other new wood products.

He says, despite the loss of 50-thousand forestry jobs in recent years, the industry can survive, if it diversifies its markets, and reduces dependency, on the United States housing market.

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