by Working Forest | May 17, 2017 | Archives
Recent activity at West Fraser Timber Co. Ltd. has revealed that British Columbian billionaire Jim Pattison owns a significant minority stake in the company, prompting speculations of a merger with rival Canfor Corp., according to an analyst. Pattison owns 10 per cent...
by Working Forest | May 17, 2017 | Archives
Pressure from big-name U.S. wood retailers will be Alberta’s key ally in resolving the softwood lumber dispute, says the man hired to plead the province’s case. Former U.S. ambassador Gary Doer was in Edmonton Tuesday to meet with government officials. Canada is on...
by Working Forest | May 17, 2017 | Archives
The Forest Products Association of Canada (FPAC) welcomes the new transportation legislation tabled by Transport Minister Marc Garneau today. CEO Derek Nighbor says the government understands that a more competitive and efficient transportation system is critical for...
by Working Forest | May 16, 2017 | Archives
The federal government’s aid package for the softwood lumber industry is expected to go before cabinet Tuesday for final approval. Sources tell CBC News the package will contain a “substantial” envelope of money — just under a billion dollars — to...
by Working Forest | May 16, 2017 | Archives
Canadian lumber company Resolute Forest Products Inc RFP.N said its move to temporarily lay off 1,282 employees was related to the United States’ decision last month to impose preliminary anti-subsidy duties on imports of Canadian softwood lumber. The company...
