Nova Wood Products positioned to increase exports

The Government of Canada is investing $275,000 in Nova Wood Products Limited to renovate its facility and install new equipment to modernize its operations. Nova Wood Products Limited will enlarge its lacquer finishing area and purchase automated equipment to assist...

B.C. wildfires linked to rising lumber prices

THE CANADIAN PRESS — Wildfires roaring through B.C. timber stands are being linked to both rising lumber prices and rallying stocks for Canadian forest product companies. CIBC World Markets analyst Hamir Patel says lumber buyers appear to be worried about supply...

FPAC Responds to President Trump’s Comments

Forest Products Association of Canada CEO Derek Nighbor issued the following statement after U.S. President Donald Trump’s comments partially blaming Canadian lumber imports for forest fires in California. “First and foremost our thoughts are with people in Canada and...