Posts Tagged ‘Forest industry’
Forest NB’s Year in Review – 2024
Globally, the forest products industry is faced with a shifting landscape including corporate consolidations and emerging markets in bioenergy, mass timber, modular construction, and carbon capture. The Canadian forest sector continues to navigate a challenging environment marked by trade disputes, protectionist measures, inflationary pressures, and evolving international markets. In addition to economic pressures, wildfire challenges…
Read MoreInformation released on the impact of potential tariffs on New Brunswick’s forestry sector
For immediate release: Tuesday, February 4, 2025 New Brunswick – In response to questions about the impact of potential 25 per cent tariffs imposed by the U.S. government on Canadian goods including lumber and forest products, the New Brunswick Lumber Producers, Forest NB and J.D. Irving, Limited is releasing the following information about the forestry…
Read MoreResponsibility and the example we set: a reflection on recent travels.
I was fortunate enough to have recently visited Kenya and Tanzania and since returning have been reflecting on privilege and perspective. I suppose the strikingly obvious thing to precipitate these reflections is the economic disparity, with Tanzania and Kenya ranked 31 and 51, respectively, on Global Finance’s list of the world’s poorest countries. Canada is…
Read More2023 Year in Review
The year 2023 marked another significant chapter in the story of New Brunswick’s forest sector. In the face of uncertainty and increasing constraints of inflation, regulatory changes, competing land uses, ongoing global issues and trade impacts, the sector continues to be characterized by resilience and community-focus. Industry participants continue to seek efficiencies and innovative solutions…
Read MoreGovernment of Canada Recognizes Biomass as Key Player in Clean Energy Transition – New Brunswick Set to Capitalize on Opportunities
Fredericton, November 22, 2023 – Forest NB Executive Director, Kim Allen, released the following statement: “Forest NB commends the Government of Canada for its forward-thinking approach with the decision to include forest biomass as an eligible source of clean energy under the Clean Technology and Clean Electricity Investment Tax Credits (ITCs). This policy change, announced…
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