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Weekly Update Newsletter

May 7/2021

Market Update

Market update for this week can be found here. 

SNB Board Staff are beginning to seek volume estimates from producers for the various products you plan to ship for the upcoming season. 

These volume estimates are very helpful, as we begin to communicate and enter into negotiations with mills for new Board contracts/purchase agreements for this upcoming year.

Product and volume estimates can be entered here. 

In The Media

New Brunswick lumber companies quietly shattering income records, continue reading.  
Northern Pulp withdraws environmental assessment application for controversial project, but plans to submit a new plan that addresses community concerns. Read news release here.  

Current Lumber, Pulp, and Panel prices, updated May 5th 2021 here.  

Minister defends not raising Crown timber royalties, despite soaring lumber prices, continue reading.  

Building Code Reforms Update

It appears that the government has made an amendment to the regulation change that received Royal Assent on February 1 2021. 

A media release yesterday indicates that the government will allow a grace period to allow the construction industry time to transition from the 2010 National Building Code to the 2015 version. 

The amended regulation will allow building permits under both the 2010 and 2015 National Building Codes to be accepted until Dec 31st 2021.

The regulation was also amended to ensure that buildings designed for overnight accomodation with a total floor area of less than 56.08 sq. metres (625 sq. feet) are exempt from the Code, such as small camps, or sheds. 

Finally, the regulation was also amended to exempt buildings which fall under the definition of accessory buildings.  This in turn allows the use of ungraded lumber - lumber that is not "stamped" - for these accessory buildings.     

Woodlot Owner of the Year Nominations

We continue to seek nomninations for the Woodlot Owner of the Year for 2021.   Please click here to nominate a deserving woodlot owner. 
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