David McNaughton, Canada’s Ambassador to the U.S., will be the keynote speaker at the COFI Annual Convention in Prince George B.C., on Thursday, April 5th. David MacNaughton was appointed Canada’s Ambassador to the U.S. in March 2016. Working closely with Minister of Foreign Affairs Chrystia Freeland, the Ambassador has been integrally involved in representing Canada’s…
MONTREAL — Resolute Forest Products Inc. has reported net income for the quarter ended December 31, 2017, of $13 million, or $0.14 per share, compared to a net loss of $45 million, or $0.50 per share, in the same period in 2016. Sales were $898 million in the quarter, an increase of $9 million from…
The Sustainable Green Printing Partnership (SGP), has announced Farnell Packaging Limited of Dartmouth, Nova Scotia has achieved SGP certification. Farnell Packaging, established in 1961, is a family-owned and operated business providing high-quality, innovative flexible packaging solutions. Farnell Packaging manufactures and distributes leading-edge flexible packaging materials and provides guidance with related equipment solutions. Nearly two-thirds of…
If you have not registered for the 61st Forest NB AGM and Industry Forum act now by going to the Eventbrite link. Registration remains open and preferred hotel rates at the Fredericton Crowne Plaza – Lord Beaverbrook Hotel are valid until March 5th by referring to Forest NB AGM. Please note the venue has changed…
Remote sensing technologies are enabling more efficient and profitable forestry operations. The latest forest technology conference in Vancouver in early March features practitioners who specialize in helping their forestry clients to see how well these systems work. A range of knowledgeable and practical forest management experts will deliver insights into this new technology at the…
VANCOUVER — West Fraser’s lumber segment generated operating earnings of $232 million (Q3-17 – $126 million) and Adjusted EBITDA of $258 million (Q3-17 – $195 million). This quarter’s results were favorably impacted by higher product pricing, higher SYP production and shipments, offset by slightly lower SPF production and shipments. Countervailing and anti-dumping duties, which were…
VANCOUVER — Canfor reported operating income of $214.2 million for the fourth quarter of 2017, up $108.8 million from reported operating income of $105.4 million for the third quarter of 2017, with the increase reflecting higher operating earnings for both the lumber and pulp and paper segments. Lumber segment results reflected significantly higher Western Spruce/Pine/Fir…
OTTAWA — The governments of Canada and Ontario have released the final Lake Erie Action Plan. The plan identifies more than 120 federal, provincial and partner actions, using mandatory and voluntary approaches, to help achieve the goal of reducing phosphorus entering Lake Erie by 40 percent. The plan will be reviewed and revised as needed…
Ontario Centres of Excellence (OCE) has announced the 20 semi-finalists for Ontario’s Solutions 2030 Challenge – a global call for innovators to propose solutions to help Ontario industry reduce greenhouse gas (GHG) pollution. The initiative is part of the broader TargetGHG program, which is delivered by OCE on behalf of the Ministry of Research, Innovation…
FutureMetrics projects that Japanese demand for biomass fuels – including wood pellets, palm kernel shells (PKS), domestic biomass, and imported woodchips – will increase 351% from 2017 to 2025 as Japan embraces biomass as a significant part of its energy future. Wood pellet demand alone is projected to reach nearly 10 million tonnes by 2025….