OTTAWA — The U.S. Department of Commerce has imposed final anti-dumping and countervailing duties of up to 20.26% (combined) on imported Canadian uncoated groundwood paper and newsprint – a ruling that will hurt workers, weaken businesses, and increase costs for the consumer, says Forest Products Association of Canada. FPAC, the voice of the Canadian forest…
Former Wildfire Response Support Personnel Come Out Of Retirement To Help Ontario is prioritizing the safety of the public and emergency responders, and the protection of communities and private property during this year’s busy fire season. “We are doing everything we possibly can to ensure that people are safe, and property is not affected, including…
VANCOUVER, BC — GLOBE NEWSWIRE — Acadian Timber Corp., has reported financial and operating results for the three months ended June 30, 2018. “Acadian’s second quarter benefited from favourable operating conditions and strong seasonal demand”, said Mark Bishop, chief executive officer of Acadian. “As the outlook for softwood sawtimber demand and pricing continues to be…
The American Forest & Paper Association (AF & PA) announced the election of Resolute Forest Products president and chief executive officer Yves Laflamme and Sonoco Products Company president and chief executive officer Robert Tiede to serve on its board of directors. AF & PA president and chief executive officer Donna Harman issued the following statement,…
TORONTO — CNW – Norbord Inc. has reported Adjusted EBITDA of $273 million for the second quarter of 2018 versus $165 million in the second quarter of 2017 and $170 million in the first quarter of 2018. The 65% year-over-year improvement is primarily due to higher North American oriented strand board (OSB) prices and shipment…
CNW – Resolute Forest Products Inc., has reported net income for the quarter ended June 30, 2018, of $72 million, or $0.77 per diluted share, compared to a net loss of $74 million, or $0.82 per share, in the same period in 2017. Sales were $976 million in the quarter, an increase of $118 million…
Nanaimo, BC –– Trans Canada Trail (TCT) has announced a $200,000 gift from TimberWest Forest Corp., which will support new improvements along The Great Trail in British Columbia. TimberWest first gave $100,000 in 2017, which helped connect a significant portion of The Great Trail on South Vancouver Island. Now, today’s generous donation will support two…
Canfor Pulp Products Inc. second quarter 2018 net income was $63 million, or $0.97 per share. Record-high 2Q 2018 sales amounted to $396 million, reflecting strong shipments and sales realizations, as the company says in the press release. CPPI reported operating income of $85.4 million for the 2Q 2018, an increase of $0.3 million from…
More areas south of Sudbury, Ont., received evacuation notices today as firefighters continue to try to control a fast-growing forest fire known as Parry Sound 33. According to the Ontario Ministry of Natural Resources and Forestry, the fire has now grown to 10,139 hectares. The evacuation orders affect several areas of the Municipality of Killarney,…
FPInnovations has announced the 2nd edition of the WOODRISE world congress on mid- and high-rise wood buildings. This congress will be held at the Centre des congrès de Québec in Quebec City, Canada, September 30 – October 3, 2019, with a North American focus. https://youtu.be/AUW1RbjeYbk WOODRISE 2019 is geared toward all players in the construction…