About 15 major sawmills will run out of business in British Columbia due to the mountain pine beetle epidemic, which is described as one of the North America's largest natural environmental disasters. This will cause shortage of lumber in the United States.
One of the authors of the report said that the Canadian lumber production will not be able to recover throughout the century. The report also reveals that interior sawmills will start running out of good timber within three to five years.
The pine beetle epidemic will reduce Canada's share of the U. S. lumber market by almost 50%. However, lumber prices are expected to soar high.