British Columbia focused Canfor Pulp Products Inc. has come to our attention because a number of key insiders have been buying. Canfor Pulp Products is 50.5-per-cent owned by Canfor Corp. Between July 29 and Sept. 24, director Peter Bentley acquired 40,000 common shares at an average price of $12.23. Mr. Bentley is the largest individual…
The Nova Scotia government is making its final $13.7-million disbursement to Northern Pulp under a provincial funding program that no longer exists. In April 2013, the previous NDP government granted the Pictou County pulp and paper mill loans and incentives worth $21.7 million under the now defunct Nova Scotia Jobs Fund. According to the current Liberal government, the money was…
One of our Kootenay communities recently received a massive blow, affecting not just the Village of Canal Flats, but also workers throughout the area. The closure of the mill, the community’s biggest employer, will be devastating. There has been a mill in Canal Flats for more than 100 years, using wood from the forests that…
The recently strengthened provincial climate change regulation (Specified Gas Emitter’s Regulation) has raised some eyebrows and questions as to how these targets will affect Alberta’s economic outlook. We took a close look at the bioenergy sector and found some surprising results, and even more encouraging promise. Most Albertans would be hard-pressed to describe what bioenergy is,…
Stella-Jones Inc. today announced that it has completed its previously announced acquisition of the shares of Ram Forest Group Inc. and Ramfor Lumber Inc. Through its wholly-owned subsidiaries, Ram Forest Products Inc. and Trent Timber Treating Ltd., Ram Forest Group manufactures and sells pressure treated wood products and accessories to the retail building materials industry….
Port Hawkesbury Paper’s old newsprint building will be torn down as the company moves forward with other ventures, including a proposed sugar extraction plant. Company spokesman Marc Dube said there’s no reason to keep the shop because there has been no turnaround in the declining newsprint market. “Every paper expert would be quick to tell…
Forestry is the second largest industry in Timmins-James Bay, but the industry still recovering from a decade of decreased demand for timber brought on the crash of the U.S. housing market during the mid 2000s. Mills closed and very likely many will never be coming back. Economic fortunes in the U.S. are improving, but it…
Yellowhead candidates in the upcoming federal election agree on the severity of the mountain pine beetle infestation in Jasper National Park, but representatives from two of the major parties have varying opinions on why more hasn’t been done to this point. Liberal Party candidate Ryan Maguhn took aim at the Conservative Party during a Sept….
Domtar Corporation has been awarded the Pulp and Paper International (PPI) 2015 Environmental Strategy of the Year Award for The Paper Trail®, its newly revitalized digital transparency tool. When using the tool, customers are able to learn where their paper comes from and track the gate-to-gate environmental impact of their paper purchase across five categories:…
One of the tallest wood buildings in the world will soon be constructed at UBC, providing housing for hundreds of students. When completed, the $51.5-million residence building will stand 53 metres tall (about 174 feet). “This beautiful, new tall wood building will serve as a living laboratory for the UBC community,” said Martha Piper, interim…