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Keyword: Canfor

Canfor completes transfer of Vavenby forest tenure in Canada to Interfor

Canfor Corporation completed the transfer of the Vavenby forest tenure to Interfor.      According to the announcement [...]

Tough lumber market results in big loss for Canfor

Canfor, the Vancouver, British Columbia-based lumber and pulp producer, reported that fourth quarter 2019 sales increased 7.5% to [...]

$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.  [...]

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 [...]

B.C. forestry crisis deepens as Canfor announces 2 week shutdown for all its sawmills

Canfor is shutting down all 10 of its sawmills currently operating in B.C. over Christmas and New Years.  [...]

One Canfor shareholder to oppose takeover offer

One of Canfor Corporation’s shareholders says it will oppose the pending acquisition of the remaining Canfor shares by Great [...]

Canfor to back Jim Pattison’s billion-dollar takeover bid

A special committee of Canfor’s board has approved an almost $1-billion offer from a Jim Pattison company to [...]

Canfor reports heavy loss for Q3/2019 amid weak lumber market conditions

Reflecting weak global market conditions and a challenging fibre cost environment in British Columbia, for the third quarter of 2019 [...]

BC’s forestry giants to report weak Q3 amid weak wood markets, high log costs and US lumber duties

B.C. forestry companies are set to report lacklustre third-quarter financial results as tough market conditions send ripples through [...]