Bullish lumber market forecast for 2020

THE CANADIAN PRESS — Financial analysts say Canadian production cutbacks and a consumer-driven recovery in housing starts in the U.S. could mean better times for lumber and panel products this year. In a research report, RBC analyst Paul Quinn estimates B.C....

B.C. lends $5M to forestry contractors

CBC NEWS — The province is making $5 million available in loans to help contractors who are in danger of losing their equipment due to a forest industry strike on Vancouver Island. According to CBC News, B.C. Premier John Horgan says the program for struggling...

Wajax acquires NorthPoint Technical Services

TORONTO, CNW — Wajax Corporation has announced that it has acquired all of the issued and outstanding shares of Calgary, Alberta-based NorthPoint Technical Services ULC. The Shares were acquired from an affiliate of Denver, Colorado-based Lion Equity Partners...