Business activity is largely still relatively slow on US softwood lumber markets in mid-February. According to Random Lengths, the market is currently being governed by spot purchases for covering volumes required at short notice. Buyers are currently still refraining from concluding longer-term contracts for substantial volumes. As such, there are not yet any recognisable signs…
If not for some inspired thinking from a handful of rank-and-file employees, Canfor House, a popular attraction at Canada Winter Games Plaza, might not have been there at all. As Canfor Pulp president Brett Robinson put it, the idea originated about a year-and-a-half ago when the conversation turned to the Games during a company function….
Last year, Finewood Flooring in Middle River closed because it couldn’t get enough hardwood. This week, River’s Bend Wood Products Inc. of Pomquet, Antigonish County, shut down, citing a lack of steady supply of hardwood lumber. Meanwhile, the Group Savoie hardwood sawmill in Westville is running at less than half capacity because it can’t get enough hardwood logs…
The City of Toronto has been named as the recipient of the 2015 Ontario Wood Award. The award recognizes organizations that have made an outstanding contribution to promoting and supporting local wood programs and producers. The City of Toronto was recognized for their initiatives to promote locally produced wood products and urban forestry services and for their…
B.C. Finance Minister Mike de Jong offered tax breaks and other support for the province’s natural gas and mining sectors on Tuesday, but little for the forest industry, the single largest contributor to the province’s natural-resource revenues. The B.C. budget forecasts that natural-resource revenues will slide by nearly 7 per cent this year, thanks to…
One of British Columbia’s biggest forest companies, International Forest Products Ltd., acquired four new mills in December. The purchase by Interfor, as the company is better known, was a strong demonstration of growth. Forestry will be one of the bright spots featured in the B.C. budget that will be tabled on Tuesday by Finance Minister…