Canada sought to reassure Japan in TPP letter

The creation of a forestry committee and reassurance for Japanese companies were the reasons behind Canada’s side letter with Japan in the Trans-Pacific Partnership trade agreement, says Canada’s lead negotiator. Parts of the letter, which is not a legally binding...

Port traffic down as commodities continue to slump

Port traffic After a decade of growth, traffic through the port remained flat in 2015, according to year-end numbers released by Port Metro Vancouver on Thursday. While imports of container goods and automobiles grew (nine per cent in the case of the latter), a...

Low loonie a boost for Corner Brook newsprint mill

The low Canadian dollar is providing a boost for Corner Brook Pulp and Paper, but its parent company says profits are not soaring. Kruger Inc. vice-president Daniel Archambault said newsprint is sold in U.S. dollars, so the weak loonie is positive for exporters like...

B.C. forestry waste as a cash cow?

A B.C. First Nation wants to use wood waste from clear-cut logging to support aboriginal financial growth. The initiative attempts to solve several issues — the reliance of northern communities on fossil fuels; providing job opportunities for aboriginal residents; and...