by Web Editor | Jun 5, 2017 | News
The softwood lumber dispute with the United States could be resolved before the NAFTA renegotiation gets underway in mid-August, says Quebec’s softwood lumber envoy. Raymond Chretien, former Canadian ambassador to the U.S., said Friday he’s optimistic...
by Web Editor | Jun 2, 2017 | News
The Canadian government will give C$867 million (US$642.2 million) in financial support to Canadian lumber producers and exporters to help them withstand the impact of new U.S. tariffs on Canadian softwood exports. In April, Washington imposed preliminary anti-subsidy...
by Web Editor | May 31, 2017 | News
Idaho Industry Teams Up With Colleges To Fill Sawmill Jobs Idaho’s sawmills once relied on the brute strength of their workers to turn logs into lumber. Now, they need more employees like Jeremy Lozano-Keays. The 30-year-old electrical technician is part of a team...
by Web Editor | May 26, 2017 | News
Montreal-based lumber, paper and pulp producer Tembec has received an $807 million US offer to take over the company from Florida-based conglomerate Rayonier Advanced Materials. Jacksonville-based Rayonier is offering Tembec shareholders $4.05 Cdn per share, or 0.2302...
by Web Editor | May 24, 2017 | News
Analyst: Canfor Corp., West Fraser Timber Merger Speculation Recent activity at West Fraser Timber Co. Ltd. has revealed that British Columbian billionaire Jim Pattison owns a significant minority stake in the company, prompting speculations of a merger with rival...
by Web Editor | May 24, 2017 | The Issues
Article by Dan Shell Managing Editor Roughly a decade after the wheels came off the U.S. housing market and threw the economy into a tailspin that resulted in historic lows for lumber prices and a major drop in housing starts, signs within and outside the industry are...