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North America

$1-billion takeover bid of forestry giant Canfor fails

Lumber giant Canfor has terminated an arrangement agreement between the company and Jim Pattison’s Great Pacific Capital Corporation.  [...]

Weyerhaeuser sells Montana timberlands

Weyerhaeuser Company announced an agreement to sell its 630,000 acres of timberland in Montana to a private timberland investment [...]

Canfor’s takeover by Jim Pattinson facing growing opposition from shareholders

The bid by billionaire Jim Pattison to take Canfor Corp. private is facing growing opposition from shareholders, though the investment [...]

COP25: EU officials say carbon neutrality given to biomass energy to come under critical review

Two high-level members of the European Union delegation announced that the carbon neutrality designation given to biomass energy — replacing [...]

Loggers in US seek relief from sharp drop in China log exports

The Carolina Loggers Association (CLA) has joined logging associations across the United States and the American Loggers Council (ALC) to [...]

North American softwood lumber production on a downward trend

U.S. sawmills produced 26.616 billion board ft. (bbf) of softwood lumber in the first nine months, edging down [...]

New NAFTA deal signed, N. American softwood lumber prices hold steady

A significant uncertainty for North American business owners was resolved today as Canada, the U.S., and Mexico signed the [...]