Remsoft, has announced the launch of Remsoft Operations, a cloud-based operational management solution for forestry companies. Responding to growing client demand, and drawing on its expertise in planning, scheduling and advanced analytics, Remsoft Operations is the first of its kind for Remsoft in the operational planning space. Built on the Remsoft RISE Platform, companies can…
VANCOUVER — CNW — West Fraser has announced it will permanently curtail approximately 300 million board feet of combined lumber production at its Fraser Lake and Quesnel Sawmills. The curtailment will be realized through the elimination of the third shift at each sawmill. The reduction in lumber production is expected to impact approximately 60 employees…
VICTORIA, BC, CNW — Indigenous communities have long been stewards of the environment, and the Government of Canada shares their commitment to conserving and protecting Canada’s nature, our diverse ecosystems, and species at risk. Today, the Minister of Environment and Climate Change, Catherine McKenna, announced that 28 Indigenous projects have been selected for early funding…
Canada will continue to be a major supplier of softwood lumber to the US in the next decade, with the export volume from the Eastern provinces being forecasted to increase substantially, according to a study by ForestEdge and WRI. The softwood sawmilling sector in Eastern Canada will play an increasingly important role as a key…
The City of Saskatoon is testing out an environmentally friendly way to make roads less slick this winter. According to a report by the CBC, the city of Saskatoon was inspired by cities in Switzerland and Quebec. City workers will be using wood chips on icy roads in the North Industrial Area rather than sand…
VANCOUVER, CNW — Canfor Corporation has announced it has entered into an agreement to purchase Elliott Sawmilling Co., Inc. located in Estill, South Carolina for a purchase price of US$110 million, which includes normalized working capital. The purchase price represents a 4.3 times EBITDA multiple based on Elliott’s twelve months trailing EBITDA. The transaction will…
Interfor Corp.’s share price was trading down more than 9 % Friday (Nov. 9, 2018) as the company missed earnings expectations amid volatile lumber prices. “The dominating feature of the third quarter this year was the drop, in lumber prices that began in late May and early June and continued unabated through the third quarter…
This is the key message of the Vancouver Invitation on Forest Products for a Better Future, a bold and forward-looking statement of intent to harness the environmental, economic and social benefits of sustainable forest management.Innovative and sustainably produced wood products, when coupled with sustainable forest management, can ‘build the future’ and contribute to the achievement…
TimberWest and the Faculty of Forestry, University of British Columbia (UBC) announced a first-of-its-kind $100,000 endowment program for Indigenous students pursuing a graduate degree in forestry. The endowment established by TimberWest, along with matching funds from the Faculty of Forestry, will award scholarships of $4,000 per year to First Nations, Inuit, or Métis graduate students…
The FSC Canada Board is made up of eight elected representatives (two per chamber). Four are elected by each membership chamber – Aboriginal Peoples, Economic, Environmental, and Social. FSC Canada presents the Board of Directors: Aboriginal Peoples Chamber David Flood, individual Lorraine Rekmans, individual Economic Chamber Andrew Tremblay, individual Elston Dzus, Alberta-Pacific Forest Industries Inc….