by Web Editor | Jun 2, 2017 | News
The Canadian government will give C$867 million (US$642.2 million) in financial support to Canadian lumber producers and exporters to help them withstand the impact of new U.S. tariffs on Canadian softwood exports. In April, Washington imposed preliminary anti-subsidy...
by Web Editor | May 3, 2017 | News
Canfor Corp., one of the world’s largest forestry companies, sees potential acquisition opportunities in the U.S. South as smaller companies struggle in the wake of carnage left by new softwood lumber duties. “We’ve got an appetite for [mergers and acquisitions],”...
by Web Editor | Jul 17, 2015 | News
A trend whereby B.C. forest products companies have been snapping up sawmills south of the border while shuttering plants here is likely to continue. That prediction, from a new Conference Board report, is part of a good news/bad news story about a sector contributing...
by Web Editor | Feb 27, 2015 | News
At first blush, year-end financials and stock prices for B.C.’s largest forest companies would suggest the province’s forestry sector is well on the road to recovery after a decade-long slump. Interfor Corp., for example, posted record sales of $1.4 billion in 2014...