Western Forest Products Inc., a major forest products company based in Vancouver, announced a significant reduction in lumber production for the final quarter of 2024. The company will curtail production at its British Columbia sawmills by 30 million board feet between October and December. For the full year, the total estimated reduction is 90 million board feet, representing 10% of the company's annual capacity.

The company cites weakening lumber demand, increased U.S. softwood lumber duties, and limited access to affordable logs in B.C. as the primary drivers for the temporary cutbacks. Western's President and CEO, Steven Hofer, highlighted the need for government action to support the industry, noting that lumber duties may rise further in 2025.

Western, one of the largest employers on Vancouver Island, supports 3,500 jobs across nearly 20 communities and will continue to monitor market conditions to adjust production accordingly.