timber
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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.
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Teal-Jones halts harvesting timber on BC coast
Hundreds of jobs lost as BC forest companies close or curtail more than 24 mills.
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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.
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Structurlam first Canadian company certified to SFI green standard
Will use certification to expand its timber products into new markets.
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Cross-laminated timber offers hope for struggling US timber communities
Proponents say CLT strong enough to build even the tallest skyscrapers.
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Canada’s wood sector on the rise
US housing recovery and lower loonie are leading growth, report says.
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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.
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Apple invests in solar, “sustainable” timber
Part of the tech giant’s drive to power operations with renewable energy.
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West Fraser sees Q3 profit improve to $70M
Revenue tops $1 billion from $878 million in the quarter.
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$117M class action settlement between Ernst & Young, Sino Forest
Chinese-Canadian company accused of fraudulently overstating assets.
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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.
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Cut more timber to fight pine beetle: BC report
70% of Central Interior’s marketable timber decimated by 2021 if action not taken.
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Canfor Pulp president and CEO steps down
Management integrating with Canfor Corp.
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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.
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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.
