West Fraser Timber records Q3 loss of $45M on lower production
Closed its Chasm, BC, lumber mill and eliminated the third production shift at its 100 Mile House, BC, operations.
Teal-Jones halts harvesting timber on BC coast
Hundreds of jobs lost as BC forest companies close or curtail more than 24 mills.
West Fraser says worst of its BC mill cuts done after wave of curtailments
Responding to limited log supplies and a plunge in lumber prices from record highs last year.
Structurlam first Canadian company certified to SFI green standard
Will use certification to expand its timber products into new markets.
Cross-laminated timber offers hope for struggling US timber communities
Proponents say CLT strong enough to build even the tallest skyscrapers.
Canada’s wood sector on the rise
US housing recovery and lower loonie are leading growth, report says.
Canada, Japan at odds over BC timber in TPP trade talks
Japan is pushing for the elimination or modifications to controls imposed on BC log exports.
Apple invests in solar, “sustainable” timber
Part of the tech giant’s drive to power operations with renewable energy.
West Fraser sees Q3 profit improve to $70M
Revenue tops $1 billion from $878 million in the quarter.
$117M class action settlement between Ernst & Young, Sino Forest
Chinese-Canadian company accused of fraudulently overstating assets.
NewPage gets $124.5M from Nova Scotia to reopen paper mill
Pacific West Commercial expects to inject $160 million into the local economy during its first year.
Cut more timber to fight pine beetle: BC report
70% of Central Interior’s marketable timber decimated by 2021 if action not taken.
Canfor Pulp president and CEO steps down
Management integrating with Canfor Corp.
Bombardier wins $31M order for TRAXX locomotives
Bombardier Transportation has won an order from Bure Equity Fund for seven Bombardier TRAXX F140 AC locomotives designed for freight transport in Sweden and Norway.
Havoc to follow BC pine beetle epidemic: report
The pine beetle epidemic has chewed through BC’s forest industry and thousands of jobs are in danger within five years, says a confidential government report.