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Western Forest Products' Saanich Forestry Centre expands annual capacity by 20%, or 750,000 seedlings, with new greenhouses; they include modern, energy-efficient heating and irrigation systems, and support company's reforestation work with First Nations

CIBC maintains Western Forest Products at neutral with C$1.25 target, noting challenging specialty lumber markets, British Columbia fiber uncertainty; initiatives to develop presence in mass timber are encouraging, but investment returns remain uncertain

RBC Capital reiterates Western Forest Products at sector perform with C$1.25 target, says company continues to struggle with weak specialty lumber demand, low commodity lumber pricing; H1 typically strongest for Western, but H2 recovery expected in 2023

Western Forest Products announces successful election of directors at annual general meeting

Western Forest Products reports Q1 net loss of C$17.7M on revenue of C$263.8M, as challenging macroeconomic conditions result in reduced lumber prices and demand

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