A new Canadian lumber giant emerges with 6 mills acquisition
GreenFirst Forest Products has closed on the previously announced acquisition of Rayonier Advanced Materials for $235 million. Rayonier operated six [...]
September 16, 2021
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Canadian lumber producers to move more to US South due to high log prices in BC
British Columbia is sharply increasing the cost of logs for lumber producers just as wood products prices slump and Canadian [...]
September 1, 2021
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Canadian Conifex suspends production due to “unprecedented collapse in lumber prices”
Conifex Timber Inc. said it will temporarily slow production at its sawmill in Mackenzie, British Columbia, due to an “unprecedented [...]
August 23, 2021
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Canadian lumber giants to lose huge profit gains as demand recedes
North American lumber producers are expected to see a dip in current-quarter profit after lumber demand for do-it [...]
August 19, 2021
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N. American lumber prices surge sharply as Canada wildfires cut sawmills production, shipments
Lumber futures rose the most in more than a year on concern that wildfires in western Canada will reduce supply [...]
July 26, 2021
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Canfor announces production curtailment at Canadian sawmills
Canfor has announced the curtailment of approximately 115 million board feet of production capacity at its Canadian sawmills during the [...]
July 21, 2021
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Party ends for Canadian lumber producers as lumber prices crash
North American lumber prices have crashed in a short time span, taking only eight weeks to tumble 70 per cent [...]
July 19, 2021
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Canada’s lumber industry wants to be paid back for US duties
Canada’s softwood lumber industry wants the Biden administration to refund billions of dollars that companies have paid since 2017 [...]
June 23, 2021
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US Commerce Chief wants long-term lumber deal with Canada
U.S. Commerce Secretary Gina Raimondo said she wants to find a “long-term solution” to Washington’s long-running [...]
May 31, 2021
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U.S. Commerce Department to double tariffs on Canadian softwood lumber
The U.S. Department of Commerce issued its preliminary determination in the second administrative review of Canadian softwood lumber imports [...]
May 24, 2021
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