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Canfor Announces Capital Investments In B.C. Sawmill

Canfor Corporation announced today that, subject to ratification of the tentative labor agreement between the Company and the United Steelworkers, the Company will proceed with capital investments totaling approximately $36 million to improve efficiency and recovery...

West Fraser Timber CEO Says U.S. Housing Market Improving

The head of West Fraser Timber warned Tuesday that demand for lumber can be volatile through the winter as the recovery in the U.S. housing market continues to be slow. Lumber prices were up in the third quarter, helping boost the Vancouver-based company’s...