Pine beetle epidemic will have continent-wide economic impact: report

A new report on the mountain pine beetle epidemic describes it as one of North America’s largest natural environmental disasters that will put an estimated 16 major sawmills out of business in B.C. and lead to long-term lumber shortages in the United States.

Canadian lumber production is not expected to recover for the remainder of the century, one of the report authors said Thursday.

“We sort of think lumber production has peaked forever, at least relative to our lifetimes and our children’s lifetimes.” said Russell Taylor, president of the International Wood Markets Group. The Vancouver-based consulting company is one of three consultants who prepared the report for lumber industry clients.