Expect more B.C. sawmill closures in 2023

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

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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.


Source: Business in Vancouver


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