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Recent Articles

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At least 173 incidents of unauthorized logging were reported in British Columbia between Jan. 2021-July 2024, with Canfor involved in 22 cases and West Fraser Mills involved in 13 cases; Ministry of Forests has been criticized for lack of transparency

Town of Hinton prepares to increase utility rates following recent 20-year agreement with Mondi, which requires town to contribute to infrastructure upgrades, build new water treatment plant by 2046; Mondi recently bought Hinton Pulp from West Fraser

RBC midweek wood products pricing update (July 30): Moderate uptrend in prices continues in lumber, while OSB stays flat; against backdrop of soft lumber demand, Canfor, West Fraser and Weyerhaeuser announce reductions to lumber production with Q2 results

Construction to begin on 37 new homes for Indigenous people in Smithers, British Columbia; Ken’ulh K’it Yikh housing project to feature culturally appropriate features and community-designed elements, including C$100,000 from West Fraser for art piece

BMO reaffirms West Fraser at outperform and raises target by US$13 to US$105 amid challenging lumber markets, but notes company's strong balance sheet; more capacity reductions expected, as lumber prices have been at/below cash costs for four quarters

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