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Canfor has announced the closure of its Vanderhoof and Fort St. John sawmills in northern British Columbia, citing ongoing financial losses, weak lumber markets, and increased U.S. tariffs.
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Minister of Forests Bruce Ralston has vowed to support workers and communities impacted by Canfor’s decision to permanently close its Plateau and Fort St. John sawmills.
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The BC Council of Forest Industries (COFI) has issued a strong call for government intervention following Canfor’s announcement of additional mill closures in B.C.
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The United Steelworkers union has strongly condemned Canfor’s decision to permanently close two B.C. sawmills, a move that will cost over 500 jobs, including more than 325 USW members.
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The City of Fort St. John has expressed “shock and sadness” following Canfor’s announcement to close the Fort St. John sawmill by the end of 2024.
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Improving the speed and accuracy of carbon estimations is key to maximizing forest carbon potential for both revenue growth and sustainability. Discover new approaches and technology that can help you navigate the complexities of carbon credits and regulatory standards with confidence in this September 18 webinar hosted by Remsoft. Preview new Carbon Management capabilities that streamline carbon modeling, enable forest managers to meet regulatory standards with ease, and maximize new revenue opportunities. Unable to attend live? Register to receive the recorded webcast.
» Sign up today
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Resolute Forest Products aims to transform its Senneterre facility into a self-sufficient hub centered around lumber, thanks to investments totaling $57 million over recent years, including the modernization of the planing mill and a 4.5-megawatt biomass power plant acquired in 2022.
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DEMO International 2024 showgoers can now plan their visit with the official bilingual pocket guide. Available online and in print at the event, this guide will help attendees maximize their time, navigate the site, and explore exhibitors with ease.
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Canada is escalating its dispute over U.S. softwood lumber duties by launching two new legal challenges under the Canada-United States-Mexico Agreement (CUSMA).
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Demand was a jot slower following the frenzy generated by last week’s short-lived Canada-wide rail strike. All eyes were on post-Labour Day long weekend for indication of market conditions.
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Canfor has finalized the sale of its Forest License in the Mackenzie Timber Supply Area (TSA) in B.C. to the McLeod Lake Indian Band and the Tsay Keh Dene Nation.
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The Forest Products Association of Canada has responded to a recent report slamming Canada's logging sector as the country's third highest carbon emitter, behind oil and gas and transportation.
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Central Chilcotin Rehabilitation (CCR), a joint venture of Tŝideldel First Nation and Tl’etinqox Government, has launched the second video in its five-part series highlighting the environmental benefits of forestry.
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Some 8% of respondents chose not to disclose their profit margin or were unsure – an increase from 4% in 2020, indicating slightly more uncertainty across the industry. Despite this, 34% of contractors report similar profit margins compared to two years ago, while 20% say they are slightly lower, and 25% claim significantly lower margins.
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September 15, 2024 | St. John’s, Newfoundland and Labrador
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