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Recent Articles

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CIBC: Mid-week update published Feb. 1 shows wood product pricing rally keeps going, with W. SPF up 8.4% since Jan. 27 to US$450/mbf, SYP 2x4 up 5.5% to US$425/mbf; OSB pricing up 2.1% to US$240/msf in North Central, also up in South East, Western Canada

Editorial: Death knell of British Columbia's forest industry may not be tolling yet, but latest Canfor mill curtailments herald its passing bell; industry's decline can be traced back at least 20 years, with loss of more than 40,000 jobs

Morningstar lifts Rayonier's fair value estimate US$1 to US$38, noting it's finished challenging 2022 with strength despite lower lumber prices; soft domestic demand expected in 2023, but China's reopening may be tailwind as construction activity rebounds

Québec community of Opitciwan will soon be powered by C$60.2M forest biomass cogeneration plant, after agreement signed with Hydro-Québec; the future off-grid system will be first of its kind in an Indigenous community in Québec

Gorman Group's Canoe Forest Products plywood and veneer mill near Salmon Arm, British Columbia, holds up well as sawmills curtail; Canoe's general manager says diminishing AACs, old-growth deferrals could have big impact on future fiber supply

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