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.
Latest News
Softwood Lumber Board Updates Board Members
Secretary of Agriculture Tom Vilsack has reappointed George Emmerson, J.D. Hankins II, Brian Luoma and Brad Thorlakson to serve second terms on the Softwood Lumber Board (SLB) Board of Directors. He has also appointed past Director Marc…
PLIB Partners With TP&EE
Hatton-Brown Expositions and Pacific Lumber Inspection Bureau announce that PLIB will participate in the Preferred Partner program with Hatton-Brown’s Timber Processing & Energy Expo (TP&EE), which will be held September 28-30 at the Portland Exposition Center in Portland, Ore…
BC Harvesting Deferrals Kick In
No harvesting will be allowed on nearly 1.7 million hectares (4.2 million acres) of old-growth in British Columbia as the province and First Nations throughout it develop a new approach to sustainable forest management. “Our government’s new vision for forestry is one where we better…
Multi-Family Housing Takes Up Slack For March
U.S. housing starts edged higher in March, increasing 0.3% to a seasonally adjusted rate 1.793 million, according to the U.S. Census Bureau and U.S. Dept. of Housing and Urban Development monthly new residential construction…
Find Us On Social
Newsletter
The monthly Timber Processing Industry Newsletter reaches over 4,000 mill owners and supervisors.
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.
Advertise
Complete the online form so we can direct you to the appropriate Sales Representative.