I have been almost incapable of thinking about how things are in rural BC because of the magnitude of the problem. Just today I read that lumber prices are down to $130 per thousand board feet. This price is beyond belief, I can not even imagine it. I can not see how anyone can continue cutting wood at those prices.
BC normally harvests about 80 000 000 cubic metres of timber a year. The raw economic value of this wood to BC is about $24 000 000 000 at the first processing. That is about 20% of our economic activity in BC. This could all be missing in 2009.
MLA Bob Simpson is blogging about forestry and politics.
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