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U.S. Lumber Coalition Objects To Canada Subsidizing

The U.S. Lumber Coalition, a trade group that had been rallying against the extension of the Softwood Lumber Agreement with Canada, came out as expected against the Canadian government’s plan to spend C$867-million in subsidies for Canadian softwood producers...

Global Lumber Industry On Pace For A Record-Breaking Year

Global softwood lumber production is on pace to break the record set in 2015. That production is being driven in large part because the top 10 importing countries increased lumber imports during 2016’s first quarter. Global production is up 20% in the year’s first...

Lumber Supplier Canfor Loans $30 Million To Conifex

Canfor and Conifex say an investment agreement between the two lumber producers for $30 million has been completed. The loan by Canfor to Conifex Inc., a wholly-owned subsidiary of Conifex Timber is for five years, with the proceeds to be used for general corporate...