If we look at Western Forest Products Inc.’s financials over the last five years, we can see a picture of a company that has grown its revenue, improved margins, and has had strong cash flows, all while the lumber market has been tough, to say the least. And now the company is faced with an…
The gates are starting to open for “a big opportunity in wood” around the world with the construction of tall buildings and Canada is among the countries leading the charge, says a business analyst with FPInnovations. “There are multiple projects globally and right here in Canada that are changing the way we think about building…
Canada’s top negotiator in the softwood lumber trade dispute with the United States says discussions around the disagreement have waned since President Donald Trump took office. Kirsten Hillman, assistant deputy minister at Global Affairs Canada, says the matter doesn’t appear to be front of mind thanks to the new U.S. administration, which has yet to…
This week, almost 600 business, government, First Nations and community leaders have gathered in Vancouver for the B.C. Council of Forest Industries (COFI) annual convention, one of B.C.’s most important business gatherings, which comes at a critical time for our industry. This convention, our largest in over a decade, is being held in the beautiful Vancouver Convention…
The Government of British Columbia is investing $7.7 million to promote the use of B.C. wood, advance wood building systems and products, and expand global markets, Premier Christy Clark announced at the Council of Forest Industries annual convention today. Premier Christy Clark made the announcement in her keynote speech, which spoke to government’s actions on…
Today, federal Minister of Environment and Climate Change Catherine McKenna received a legal application for an emergency order to block clearcut logging in caribou habitat, outside Wells Gray Provincial Park north of Kamloops. The logging by Canadian Forest Products Ltd. (Canfor) was approved by the BC Ministry of Forests, Lands and Natural Resource Operations and could…
If local control falls in a community forest, is itstill a sound idea? Islands loggers, sawmill owners, andcommunity leaders debated that question lastweek while discussing the latest plan for aHaida Gwaii Community Forest. It’s not formal yet, but as early as April or May,the B.C. Ministry of Forests could offer HaidaGwaii villages an area-based forestry…
A northern Quebec Cree nation has gone global with the struggle to preserve one of the province’s last pristine forests and the strategy appears to be paying early dividends. The Quebec government sent the Waswanipi Cree nation a letter last month inviting leaders to set out their expectations for protecting a remaining slice of their…
Failure of the Canadian and U.S. governments to reach a new softwood lumber agreement has left the industry in limbo but EACOM is attempting to mitigate potential fallout of duties by diversifying its product base. The wood products company recently announced that it has completed the acquisition of AnthonyEACOM, now to be called EACOM Sault…
Forests Ontario is calling on residents across the province recognize Ontario’s living landmarks – heritage trees – as a way to celebrate Canada’s 150th year as a nation. Chatham-Kent already has two trees recognized by the organization – an American white elm on Queen Street in Chatham and Shumard oak, located in Chatham’s Tecumseh Park….