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B.C. Lumber Industry Not Expected To Meet U.S. Demand

Plans by West Fraser Timber Co. Ltd. and Canfor Corp. to close sawmills in the interior have raised concerns that B.C. lumber output in the region will lag demand driven by a rebound in the U.S. housing market. B.C. interior sawmills operated by firms such as West...

Lumber ‘Supercycle’ Could Spell Opportunity

Investors should always be on the lookout for a long-term financial trend, take a position early, and then ride it for all it’s worth. Such an opportunity could now be emerging in lumber, a long depressed commodity that could be on the cusp of better things. RBC...

Canfor Reaches Agreement To Buy Three Mills In U.S. South

Canfor Reaches Agreement To Buy Three Mills In U.S. South Canfor Corp. announced it has reached an agreement to purchase three sawmills in the southern U.S., marking the third major purchase in the region this year by a B.C. forest company. “Basically, we have a...