Companies in the timber industry / Daily News / Market Analysis / Forestry / Lumber / Sawmilling / Wood Products / Global / North America
May 7, 2018
Forestry companies in Canada see great increase as share prices soar awaiting the lumber supercycle
The major forestry companies in Canada are experiencing important growth as their share prices increase, despite the trade dispute with the US and the shipments delays. This stock rally that began in 2017 has been welcomed in a sector which endured many economic downturns. “It’s a cyclical industry, and cycles come and go,” business magnate Jim Pattison, who owns nearly half of Canfor Corp. and more than 10 per cent of West Fraser Timber Co. Ltd., said. “The key is to take advantage of the cycles when the time comes.” “You go through a mill ...
Register for unlimited access
We work hard to bring you the latest news in the world of international wood industry. The article you are currently reading is available only to registered users.
By registering you gain access to:
- Thousands of quality articles
- In-depth analyses of market trends
- Exclusive market price insights
- And much more!