Header: Header: Header:

Canfor Announces Non-Cash Asset Write Down, Impairment Charge

Canfor Corp. has announced that it will record a non-cash asset write down and impairment charge totaling approximately $321 million in its fourth quarter of 2025 results. Of this amount, $215 million relates to the company’s lumber segment and $106 million relates to its pulp and paper segment.

In the lumber segment, the impairment is associated with the company’s European operations and reflects ongoing log supply pressures in the region, which have resulted in significant increases in log costs and reduced asset carrying values.

In the pulp segment, the impairment reflects sustained declines in global US-dollar pulp list prices as well as continued challenges in securing economically viable fibre necessary to support operations.

This impairment charge is non-cash in nature and does not affect Canfor’s liquidity position, cash flows or day-to-day operations.

googletag.cmd.push(function() { googletag.display('div-gpt-ad-1548381461985-0'); });
googletag.cmd.push(function() { googletag.display('div-gpt-ad-1548381402298-0'); });

Latest News

Lumber Quality Workshops Announced

Terry Brown and the Lumber Quality Institute will again offer two lumber quality-related workshops in Salem, Ore. at the Scottish Rite Center. Lumber Quality and Process Control Workshop will be held November 10-11, and the…

Woodgrain Closing Pilot Rock, Oregon Sawmill 

Woodgrain Inc. filed a WARN notice to Oregon state officials July 1 notifying them that the company was permanently closing its Pilot Rock sawmill, on or after Sept. 1, 2025. The company is consolidating operations…

U.S. Lumber Coalition Questions NAHB

The U.S. Lumber Coalition has gone on the offensive against the National Assn. of Home Builders (NAHB). “NAHB’s unyielding support for the Canadian softwood lumber industry, which benefits from dozens of unfair subsidies and dumps…

Find Us On Social

googletag.cmd.push(function() { googletag.display('div-gpt-ad-1548381237439-0'); });
googletag.cmd.push(function() { googletag.display('div-gpt-ad-1548380448760-0'); });
googletag.cmd.push(function() { googletag.display('div-gpt-ad-1548380578329-0'); });
googletag.cmd.push(function() { googletag.display('div-gpt-ad-1548380709898-0'); });
googletag.cmd.push(function() { googletag.display('div-gpt-ad-1548380656716-0'); });
googletag.cmd.push(function() { googletag.display('div-gpt-ad-1548380767732-0'); });
googletag.cmd.push(function() { googletag.display('div-gpt-ad-1548380810300-0'); });
Newsletter

The monthly Timber Processing Industry Newsletter reaches over 4,000 mill owners and supervisors.

 

Subscribe Now
Subscribe/Renew

Timber Processing is delivered 10 times per year to subscribers who represent sawmill ownership, management and supervisory personnel and corporate executives. Subscriptions are FREE to qualified individuals.

Complete the form
Advertise

Complete the online form so we can direct you to the appropriate Sales Representative.

Contact Us