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It's time again for a peek behind the curtain as forestry giants release their Q3 results.
- Jennifer Ellson, Editor
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West Fraser Timber Co. Ltd. is reporting a more than US$250 million decline in sales quarter-over-quarter. West Fraser reports in its new Q3 results sales were $1.437 billion, compared to $1.705 billion in the second quarter of 2024 — a $268 million, or 16 per cent drop.
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Canfor Corp. is reporting a net loss for the third quarter in a row. In its new Q3 results for 2024, Canfor reports a net loss of $350 million, following a $191 million for the second quarter.
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Paper Excellence Group will now be known as Domtar, as the company rebrands following the acquisition of Domtar Corp. and Resolute Forest Products.
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An instructor in New Brunswick who had accused a forestry college of firing him for his outspoken views about chemical spraying has lost his appeal for greater damages.
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Recognizing and respecting the rights of Indigenous peoples is a business imperative. Our operations overlap with 48 First Nations and four cultural groups in Coastal B.C. Indigenous peoples are our neighbours, business partners, and key members of our team.
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“This morning, I’m managing a crisis,” says Kevin Therrien as he climbs into his pickup truck. It’s only mid-February, but the recent mild weather has him worried about the thaw.
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Here's what caught your interest this October...
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Demand was sideways-to-solid depending on the product category, species, and region. Sales of Southern Yellow Pine continued to strengthen in the wake of production and logistical disruptions caused by Hurricane Helene.
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Vancouver-based consultancy Russ Taylor Global has released its Q3 Forest Sector Outlook report.
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The community of the County of Brant in Ontario is planting trees to improve its tree canopy and stem flooding in its parks. The county's forestry department hosted a community tree-planting event at Burford Lions Art Cadman Park.
» Read More...
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