Expect more B.C. sawmill closures in 2023

Vancouver’s Neptune Terminals. B.C.’s second most valuable export is metallurgical coal | rob kruyt

Industry News
Typography

Resource companies in Western Canada had a good year in 2022, which means provincial and federal governments had a good year, thanks to royalties and taxes.

But a series of federal and provincial government policies that are deliberately squelching growth in certain sectors, such as metallurgical coal and lumber – B.C.’s two most valuable exports – will mean lost opportunities for Canadian companies, analysts say.

Read more...

Source: Business in Vancouver

 

Legal Notice: Paper Advance is not responsible for the accuracy or availability of content on external websites.