Higher OSB prices bring Norbord better results

TORONTO – Norbord Inc. reported Adjusted EBITDA of $165 million for the second quarter of 2017 versus $94 million in the second quarter of 2016 and $103 million in the first quarter of 2017. The improvement is primarily due to higher North American oriented strand...

FSC says caribou protection plan falls short

MONTREAL – The Forest Stewardship Council Canada, an independent certifier of forest management practices, is pleased the federal government has issued a draft action plan to support Canada’s boreal caribou population, but believes the plan must do more to...

Canfor achieves better lumber earnings

VANCOUVER – Canfor Corp. reported operating income of $131.0 million for the second quarter of 2017, up $24.2 million from reported operating income of $106.8 million for the first quarter of 2017, as a solid improvement in lumber segment operating earnings more than...