Five new forest fires reported in Northeast region

Two are in Sudbury, two in Chapleau, and one is in Timmins  As of the early afternoon Saturday, five new fires have been confirmed in the Northeast region in the last 24 hours, says a news release from the Ministry of Natural Resources.  “Two of these are in Chapleau,...

Howe Sound Pulp and Paper cuts 180 jobs

Howe Sound Pulp and Paper is cutting about 180 employees – more than a third of its workforce – and permanently shutting down its paper production operations, parent company Paper Excellence announced Thursday. The closure is effective immediately. The cuts affect...

Canfor Pulp Products PT Lowered to C$16.50

Equities researchers at Scotiabank reduced their priceobjective on shares of Canfor Pulp Products  from C$17.50 to C$16.50 in a research report issued on Thursday,Market Beat reports. The firm currently has an “outperform” rating on the stock. Scotiabank’s price...