Wood has never been so valuable, so why aren t  New Brunswick trees worth more?
New Brunswick is receiving no extra royalties from forestry companies for trees they are cutting on crown land this year, even though prices for lumber made from those trees are at record highs and other provinces are moving to claim some of that growing windfall for their taxpayers.
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Lumber prices have tripled in the last year but NB timber royalties paid by forestry companies haven t budged
Posted: Apr 20, 2021 5:00 AM AT | Last Updated: April 20
A 10 foot long, heat treated and kiln dried two-by-four was selling for $12.35 in Saint John over the weekend, as lumber prices of all kinds hit record levels in North America. (Robert Jones / CBC News)