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Global News

Global News

4,900,000 subscribers

👁 14,544 views

Forest company Interfor relocates to the US as lumber industry faces tariffs

Video Overview & Insights

B.C. forest giant Interfor is relocating its head office from Burnaby to Georgia, as the lumber industry faces weak markets and higher U.S. tariffs.

Trump is a genius

— @McScotty-325

Founded in the 1960s, Interfor grew from a single B.C. mill into a major North American lumber producer.

I wanna blame Trump, but this really is David Eby's fault.

— @fullfrost

Jock Finlayson, chief economist for the Independent Contractors and Businesses Association (ICBA), explains that most of Interfor’s business is “in the United States now, which I think sort of helps to explain the move.”

Canada has no short of spine-less individuals, groups and companies. Low or No National ID is one thing that keeps hammering this country.

— @ijji4615

Economists warn that without a stronger commitment from the B.C. government, Interfor may not be the only forestry company looking south.

ok, stop it from logging in Canada.

— @ijji4615

Global’s Aaron McArthur reports.

When will liberals realize... carney was NOT the guy to deal with trump

— @kh602black

For more info, please go to https://globalnews.ca/news/12001775/bc-forestry-company-moving-head-offices-us-struggles-tariffs/

Funny how softwood lumber from Canada to the U.S. is heavily tariffed, yet softwood lumber products from Russia into the U.S. are not. Go figure.

— @benoitdesrochers1720

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Not new. Majority of CANDIANs companies are US owned.

What I am seeing is a new wave of CANDIAN entrepreneurs standing out which is needed🎉

— @Mindyourbusinessin613

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MAYBE INCREASING THE INDUSTRIAL CARBON TAX ON CANADIAN BUSINESSES WILL HELP

— @AlexCoffin-h9k

#GlobalNews

More User Perspectives

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I don’t think Global News has digging deep enough to understand the real business motives of why interfor moving their HQ to Georgia but keeping 3 sawmills in BC. If there are only red tapes but no advantages operating in BC, why keep the 3 sawmills running?

@FLo-ex4df
@

Carney set the precedent and now serves as the role model for other companies. The plan is working.

@prbnearnorth
@

Welcome to Georgia, we’re happy to have you!

@BMO4550
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Trump is making this uncertainty and businesses are moving according to his plans yet Canada still all we are talking still. And of course BC policies make it uncompetitive unlike a more lax regulations down south.

@Babsilicious1203
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Take away access to Canada resources , you leave you leave without our lumber

@ivanobrien-n6h
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Any company moving operations to the USA should lose access to Canadian resources and the government can seize them as Crown resources.

@travisarthur3250
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Elbows up, Canada! You voted for this.

@poorboysrc
@

I am surprised that Global is even reporting this

@linnjensen7469
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Its working. President Trump is the best president ever.

@americaamerica8579
@

Elbow up 😂😂😂😂😂

@TBA-zv9qt
@

Good job Carney

@BoochMicheals
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Eliminate their access to BC timber.

@sread833
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As long as they don’t take raw timber out of Canada.

@gordhow8868
@

I’ve you love OSB then Georgia is for you

@billcathcart6014
@

Treason and Taitors

@robertgrimes-jq2fq
@

Eby, NDP, liberal clown show in Ottawa and Coast First Nations have bankrupted and strangled the lumber and petroleum business in western Canada. They need to get out of the way. 21 lumber mills and 2 major pulp mills shutdown in BC in the last 3 years. Trump wasn't even president then. Who pumped up our provincial and federal debt when we didn't have trump to blame.

@tommiller4898
@

If they move they can't take our lumber with them

@blankblank7454
@

Fuinterfor

@pudbass
@

No wood sales to USA

@pudbass
@

Alberta Independence

@ManandDogVersus
@

They should now be banned from importing logs and other Canadian products. Support companies that support BC! Export to Asia!

@troydejong6206
@

Smart business decision. Cant blame them

@MAC-1230
@

Good job BC NDP 🙄

@jaychapman6448
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Cut them off entirely! No Canadian trees

@stephenwise734
@

Weak move. Go ahead and move, don't touch Canadian trees.

@vulcan4d
@

they just closed our pulp mill….because we have no chips wild huh
how about raw logs on ships? no problem with that truck drivers got raises
just saw 10 trucks on the island all headed for the log dump…poor kids

@davidkohse6272
@

Elbows up😂

@deapthought1156
@

Their logging quotas shall be revoked! Forest on crowns land is a common wealth, it shall not be owned by non-canadian corporations.

@rejeangirard2481
@

LOL! Poor Canadian victims 😂😂😂! More money and jobs for the US! So sad😢😢😢.🎉🎉 🎉

@garyokie4893
@

Just another day of companies fleeing Canada because of liberal corruption and incompetence. Carney the weasel is a failure

@itsallgonetohell
@

Elbows up Comrades!

@DerWolf5791
@

Just like Brookfield did. Trump got exactly what he wanted when he said he wanted mark to win.

@jasonplante191
@

Trumps wins again.

@cagecatchum3001
@

LMAO Canada taking L’s left and right. Elbows up though! Right guys!!

@Barry_dingle69
@

USA USA! GIVE THEM NOTHING BUT TAKE EVERYTHING!

@user-ub1gz8lx8c
@

Thanks Mark Carney 🙄

@Angela-3026
@

Boycott Interfor products. Prohibit them from access to forestry licenses anywhere in Canada, and Tariff their products.

@cookinglal6270
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Interfor created their own conditions using BC's corruption.

@5eige
@

Ah yes, deregulation, because that has worked out so magnificently everywhere it has been tried. We have seen deregulated banking, deregulated energy, deregulated media, deregulated environmental protection, and now the United States has somehow managed to produce a deregulated president. Yet Global keeps handing the microphone to corporate forestry executives so they can blame “red tape” for every problem, as though publicly owned Crown land exists solely to provide private companies with cheap fibre and guaranteed profits. Apparently, when corporations succeed, it is entrepreneurial brilliance; when they relocate closer to their American operations, it is suddenly British Columbia’s fault for having regulations. Perhaps Global could try journalism next time and ask which protections these corporate geniuses want removed, who absorbs the environmental and financial liability afterward, and why the public should keep cleaning up every mess created by their brilliant experiments in deregulation.

@Progressive_Canadian
@

Fine… now drive the price of raw materials up in the export process.

@08Thumper
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Failed policies of Carney and Eby. Too many regulations that take away the chance to compete.

@peterbanton9155
@

At the rate of wildfires in both countries be less trees and climate change the US does nothing about, in fact contributing to it with increasing coal mining and Trump and his criminal government deny climate change......they are madly cutting off spending on even more services to bankroll more weapons to kill and destroy the planet....... completely UNTRUSTWORTHY idiots. Any company going to the US may have a harder time there but to each their own........bye

@careaboutbears9727