The wildfires Canada has experienced this year have been the worst on record, and it's not even close. Most of us have been impacted in one way or another. Hundreds of thousands of people have been evacuated from their homes, and—tragically—a number of people have lost their lives.
In this episode on Canada's wildfires, we are joined by Derek Nighbor, President of the Forest Products Association of Canada, to look at their impact on the forestry industry, how businesses in the sector are responding, whether we're facing another supply shock that will drive up prices in the lumber market, and what role the industry can play in mitigating the harm of wildfires in the future.
We also talk about why this year's fires are so much worse than past seasons, and what other countries have done to reduce the risk of forest fires that Canada could look to for lessons.