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US tariffs on Canadian lumber imports are making housing and lumber more expensive, hurting people on both sides of the border, say British Columbia ministers after latest US Dept. of Commerce ruling on duties

Forest2Market: Volatility defined much of global marketplaces in lumber, timber, related industries as 2022 wrapped up; North American lumber market still struggling against inflationary pressure and high interest rates, and taking toll on housing market

Credit Suisse upgrades West Fraser to outperform from neutral, but lowers target by US$5 to US$95; deceleration of housing market trends, weaker lumber prices among factors motivating curtailments, and such actions will help rebalance parts of the market

Sinclar Group to curtail British Columbia lumber operations at Apollo Forest Products in Fort St. James, Lakeland Mills in Prince George, Nechako Lumber in Vanderhoof, for two weeks, from Jan. 30; company cites weak markets, fiber supply constraints

US Dept. of Commerce's latest preliminary combined duty rates on Canadian lumber imports range from 7.29%-9.38%, to take effect after final review expected in summer; Canada's trade minister says the duties are little more than a tax on US consumers

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