by Working Forest | Oct 29, 2019 | Archives
Vancouver, BC, Canada — Canfor has announced that, based on the recommendation of an independent committee of Canfor’s board of directors (the “Special Committee”), it has entered into an arrangement agreement (the “Arrangement Agreement”) with Great Pacific Capital...
by Working Forest | Oct 28, 2019 | Archives
FORT MILL, S.C. — Domtar Corporation has announced net earnings of $20 million ($0.32 per share) for the third quarter of 2019 compared to net earnings of $18 million ($0.28 per share) for the second quarter of 2019 and net earnings of $99 million ($1.57 per share)...
by Working Forest | Oct 28, 2019 | Archives
SEATTLE, PRNewswire — Weyerhaeuser Company has reported third-quarter net earnings of $99 million, or 13 cents per diluted share, on net sales of $1.7 billion. This compares with net earnings of $255 million, or 34 cents per diluted share, on net sales of $1.9...
by Working Forest | Oct 28, 2019 | Archives
Vancouver Sun — The crisis in British Columbia’s forestry sector that saw more than 20 sawmills close or curtail production over the summer and put some 3,000 sawmill employees out of work, at least temporarily, is showing up in worsening trade figures for the...
by Working Forest | Oct 27, 2019 | Archives
BC Government — Legislation introduced Oct. 24, 2019, by the provincial government will move the Province forward with a clear action plan for reconciliation, supporting predictability and economic opportunities, while respecting Indigenous human rights. The new...
by Working Forest | Oct 27, 2019 | Archives
Quesnel Observer — Displaced forestry workers who have not done so already are encouraged to contact the new support program put in place by the provincial government. According to a report in the Quesnel Observer, Terry Tate, a temporary business agent with...