Canfor

• Forestry giant Canfor reports net loss of $350 million

  Canfor Corp. says it had a net loss of $350.1 million in its last quarter as it took writedowns and impairment charges related to mill closures in a slumping lumber market.

  Economy

  Oct 26, 2024
  
• Canfor to shutter pair of B.C. mills, affecting 500 workers

  Canfor Corp. has announced it is shutting two northern B.C. sawmills in a move it says will affect about 500 workers, partly blaming "punitive" U.S. tariffs imposed last month.

  Economy

  Sep 5, 2024
  
• Advertisement
• Canfor to shutter B.C. sawmill, curtail Prince George pulp mill

  Canfor has announced it is permanently closing its Polar sawmill in Bear Lake, B.C., shutting a production line at its Northwood Pulp Mill in Prince George, and suspending its "planned reinvestment" in Houston, B.C.

  May 9, 2024
• Advertisement
• Forestry contractors on helicopter that crashed, killing 2 near Prince George, B.C

  Emergency crews were called just before 8 a.m. Tuesday after the helicopter crashed near Purden Lake off Highway 16, with six people on board.

  Canada

  Sep 27, 2023
• Months after sawmill shutdown, Canfor plans to build new $200M-facility in Houston, B.C.

  A statement from Canfor says the company will spend about $200 million to build the "low cost, high efficiency" facility with site preparation scheduled for next spring.

  Politics

  Sep 14, 2023
• As mills shutter, B.C. mayor says more support needed for boom-and-bust communities

  The mayor of Houston, B.C., says more long-term support is needed for resource communities who face boom-and-bust cycles like the recent Canfor mill shutdowns.

  Economy

  Jan 27, 2023
• Canfor ‘restructuring’ operations in B.C.

  Canfor is "restructuring" its operations in B.C., permanently closing one sawmill and shuttering another for an extended period amid plans to build a new manufacturing facility.

  Economy

  Jan 25, 2023
• Canfor permanently closing Prince George pulp mill, 300 jobs lost

  Canfor said it's permanently closing its pulp operations at its Prince George, B.C., pulp and paper mill by the end of the month.

  Economy

  Jan 12, 2023
• Advertisement
• Canfor temporarily reducing production at solid wood facilities in B.C. and Alberta

  Canfor Corp. is temporarily reducing its Canadian production due to what it says are very weak market conditions.

  Economy

  Dec 6, 2022
• Advertisement
• Will the B.C. wildfires push up lumber prices all over again?

  One Vancouver-based sawmill has already said it's curtailing lumber production due to difficulties caused by wildfires

  Money

  Jul 23, 2021