Tembec acquisition clears another hurdle

MONTREAL – The Québec Superior Court has approved the transaction involving the acquisition by Rayonier Advanced Materials of all of the outstanding shares of Tembec. The deal is structured as a statutory arrangement under Section 192 of the Canada Business...

Toronto college plans 12-storey tall wood building

TORONTO – George Brown College plans to construct Ontario’s first tall wood institutional building. The planned 12-storey, carbon-neutral facility will be home to a Tall Wood Building Research Institute. Called “The Arbour”, it will serve as a living laboratory both...

N.S. mill reinventing itself with contract work

The new owners of Hefler Forest Products in Middle Sackville, N.S., are slowing re-opening the shuttered sawmill, building on the solid foundation of the mill’s biomass power plant. The 3.1-megawatt power plant is under a 20-year contract with Nova Scotia Power. Stan...