Where finding fibre is concerned, the politics involved in the mid-term timber supply tour is heating up. While a final report from the Timber Supply Committee isn’t due until August 15th, recommendations already appear to be heading in the direction of relaxed logging restrictions in previously protected
parks areas. Safe to say salvage logging of beetle-killed timber is somewhere past the peak, in terms of accessibility at least. All this in the face of predictions for a 50% jump in B.C. forest fires due to climate change.
When one considers the growing sense of optimism in the U.S. housing market, along with the rising global demand for softwood lumber, there is certainly enough fodder for a more bullish outlook to lumber markets this summer and fall.