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Canfor reports net loss of $350-million as lumber market headwinds continue
Softwood lumber is pictured in Richmond, B.C., Tuesday, April 25, 2017. Canfor Corp. says it had a net loss of $350.1 million in its last quarter as it took write-downs and impairment charges in a slumping lumber market. THE CANADIAN PRESS/Jonathan Hayward
on commodities
It’s time to be bullish on lumber prices
Fresh cut lumber is pictured stacked at a mill along the Stave River in Maple Ridge, B.C. April 25, 2019. The federal government says Canada will challenge recent increases to softwood lumber duties by the United States.. THE CANADIAN PRESS/Jonathan Hayward
report on business
B.C. First Nation wants more say in forestry after Canfor mill closure announcement
Colleen Erickson, Board Chair of the First Nations Health Authority, listens news conference where data on toxic drug deaths of First Nations people was released, in Vancouver, on Friday, April 21, 2023. THE CANADIAN PRESS/Darryl Dyck
british columbia
Canfor shutting two northern B.C. sawmills with 500 employees, CEO blames U.S. tariffs
Softwood lumber is pictured along the Fraser River in Richmond, B.C., Tuesday, April 25, 2017. Canfor Corp. has announced it is shutting two northern B.C. sawmills in a move it says will impact about 500 workers. THE CANADIAN PRESS/Jonathan Hayward
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BMO chief strategist bullish on Canadian small-cap stocks, provides top picks
The S&P TSX composite index screen at the TMX Market Centre in Toronto is photographed on Friday, Nov. 11, 2022. THE CANADIAN PRESS/ Tijana Martin
report on business
Canfor Corp. CEO Don Kayne to step down at the end of 2024
The corporate logo for forest products producer Canfor Corp. is shown. THE CANADIAN PRESS/HO
british columbia
B.C. moves to reduce raw log exports, boost higher-value wood manufacturing
Softwood lumber is pictured in Richmond, B.C., Tuesday, April 25, 2017. British Columbia forestry company Canfor says it is "restructuring" its operations in the province, permanently closing one sawmill and shuttering another for an extended period amid plans to build a new wood manufacturing facility. THE CANADIAN PRESS/Jonathan Hayward
report on business
Canfor Corp. reports $43.9-million second-quarter loss amid tough pulp, lumber conditions
Softwood lumber is pictured along the Fraser River in Richmond, B.C., Tuesday, April 25, 2017. THE CANADIAN PRESS/Jonathan Hayward
report on business
Canfor reports $142M Q1 loss compared with a profit a year ago
Softwood lumber is pictured in Richmond, B.C., Tuesday, April 25, 2017. British Columbia forestry company Canfor says it is "restructuring" its operations in the province, permanently closing one sawmill and shuttering another for an extended period amid plans to build a new wood manufacturing facility. THE CANADIAN PRESS/Jonathan Hayward
report on business
Mill closures threaten to punch holes in the fabric of rural B.C. towns
Fresh cut lumber is pictured stacked at a mill along the Stave River in Maple Ridge, B.C. Thursday, April 25, 2019. Canada’s international trade minister says the United States appears to be pressing ahead with what she calls "unjustified" duties on softwood lumber imports. THE CANADIAN PRESS/Jonathan Hayward
on commodities
Inflation, interest rates and recession fears continue to affect commodity prices
Softwood lumber is pictured in Richmond, B.C., Tuesday, April 25, 2017. British Columbia forestry company Canfor says it is "restructuring" its operations in the province, permanently closing one sawmill and shuttering another for an extended period amid plans to build a new wood manufacturing facility. THE CANADIAN PRESS/Jonathan Hayward
report on business
Canfor to close two B.C. sawmills as timber supplies dwindle
Softwood lumber is pictured in Richmond, B.C., Tuesday, April 25, 2017. British Columbia forestry company Canfor says it is "restructuring" its operations in the province, permanently closing one sawmill and shuttering another for an extended period amid plans to build a new wood manufacturing facility. THE CANADIAN PRESS/Jonathan Hayward
inside the market
Market movers: Stocks that saw action on Thursday - and why
The Imperial Strathcona Refinery which produces petrochemicals is seen near Edmonton on Oct. 7, 2021.
british columbia
Canfor restructures B.C. operations, shuts down Chetwynd and Houston sawmills
Softwood lumber is pictured in Richmond, B.C., Tuesday, April 25, 2017. British Columbia forestry company Canfor says it is "restructuring" its operations in the province, permanently closing one sawmill and shuttering another for an extended period amid plans to build a new wood manufacturing facility. THE CANADIAN PRESS/Jonathan Hayward
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U.S. to raise tariffs for Canada’s two largest lumber companies as trade fight persists
Fresh cut lumber is pictured stacked at a mill along the Stave River in Maple Ridge, B.C. Thursday, April 25, 2019. Canada’s international trade minister says the United States appears to be pressing ahead with what she calls "unjustified" duties on softwood lumber imports. THE CANADIAN PRESS/Jonathan Hayward
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About 300 jobs affected as Canfor announces pulp line closure at B.C. mill
Canfor Corp. is extending sawmill curtailments in B.C. due to what it says are ongoing weak market conditions and a lack of available economic fibre. Softwood lumber is pictured in Richmond, B.C., Tuesday, April 25, 2017. THE CANADIAN PRESS/Jonathan Hayward
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Canfor to extend temporary sawmill curtailments in B.C.
Canfor Corp. is extending sawmill curtailments in B.C. due to what it says are ongoing weak market conditions and a lack of available economic fibre. Softwood lumber is pictured in Richmond, B.C., Tuesday, April 25, 2017. THE CANADIAN PRESS/Jonathan Hayward
report on business
Canfor temporarily reducing its Canadian production due to weak market conditions
number cruncher
Four TSX stocks with superior valuations well-placed for the energy transition
report on business
Canfor temporarily reducing production capacity in B.C. due to challenging market conditions