by Working Forest | Apr 28, 2015 | Archives
Port Metro Vancouver is reviewing its options after a Federal Court judge found its new licensing system that sharply reduced the number of permitted container truckers was imposed unfairly. The new licence system cut up to 600 trucks from the system in January,...
by Working Forest | Apr 28, 2015 | Archives
The Ontario Minister of Natural Resources and Forestry claims the forestry sector is “healthier” than it was in recent years. Bill Mauro said the Liberal government will be committing $60 million to forest access roads as well as making the forestry sector...
by Working Forest | Apr 28, 2015 | Archives
Canada’s lumber producers say they expect the softwood lumber agreement with the United States will be allowed to expire in October. As the clock ticks away to the deadline, West Fraser Timber noted in its first-quarter earnings report that the likelihood of an...
by Working Forest | Apr 28, 2015 | Archives
Canada raised its softwood lumber exports by 5% last year to roughly 40.2m m³. The decisive factor for the increase was higher exports to the USA, Canada’s main market. These were 11% higher than the 2013 level at around 28.5m m³. The provisional figures from...
by Working Forest | Apr 28, 2015 | Archives
West Fraser Timber Co. Ltd. (TSX:WFT), citing the impact of a lower Canadian dollar, has reported an increase in fourth quarter revenue and earnings. Vancouver-based West Fraser said net income in the quarter rose to $49 million or 58 cents per share from $43 million...
by Working Forest | Apr 28, 2015 | Archives
The Ontario Forest Industries Association (OFIA) welcomes Premier Wynne’s 2015 Provincial Budget and its support of Ontario’s renewable natural resource – forestry, the province’s second largest industrial sector. As a cornerstone of Ontario’s green economy, the...
