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RBC: Sentiment neutral on Canfor permanently closing Polar sawmill and suspending Houston reinvestment in British Columbia; both announcements unsurprising given management's commentary on accessing reliable economic fiber, policy environment in province

US Dept. of Commerce adjusts antidumping duties for Canadian softwood lumber imports from Oct. 1, 2015-Sept. 30, 2016; Canfor's dumping margin is now 6.63%, Resolute's is 3.08%, Tolko's is 7.14%, West Fraser's is 5.18%; all others 5.66%, down from 6.04%

RBC reiterates Canfor at outperform with C$19 target, noting its diversified lumber platform and solid balance sheet despite challenges in British Columbia; good potential upside seen for Canfor if North American, European lumber markets tighten in 2024

CIBC maintains Canfor at outperformer, trims target by C$1 to C$21; profitability likely to be somewhat depressed in 2024 given weak lumber prices and cost pressure in British Columbia, but company poised to benefit from favorable long-term trends for R&R

Canfor narrows Q1 net loss to C$64.5M from year ago's C$142M, sales relatively flat at C$1.38B from year ago's C$1.39B; Europe operations delivered positive results, Western Canadian operations benefited from rise in Western Spruce/Pine/Fir lumber prices

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