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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...

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...

China Still Buying As U.S. Lumber Market Bounces Back

The recent visit by the Council of Forest Industries brought out some of the industry’s heaviest hitters, and also the news that U.S. lumber markets continue to bounce back. It was acknowledged by COFI board chair Nick Arkle that China’s arrival as a...