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Recent Articles

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Canfor to temporarily cut Canadian production capacity through curtailments at all solid wood facilities in British Columbia and Alberta; curtailments to start being implemented on Dec. 19 will remove some 150 mmbf in December and January

CIBC maintains Canfor at neutral with C$25 target, noting limited catalysts until housing sentiment improves; falling home prices, inflation likely to weigh on North American/European consumers’ willingness to start big home renovation projects in 2023

RBC Capital reiterates Canfor's outperform rating with C$30 price target, noting Q3 adjusted EBITDA falls below RBC's forecast and consensus, but company's significant cash balance should give it flexibility to pursue opportunities as market slows

Canfor to conduct job fair for new sawmill in DeRidder, Louisiana, on Nov. 15 and 16, in partnership with LED FastStart; the Louisiana Economic Development program tailors recruitment, training, workforce solutions to help prepare employees for new jobs

Morningstar cuts Canfor's fair value estimate by C$2 to C$35 on lower near-term revenue growth/profitability estimates; recently announced capacity curtailments from Canfor and others should support lumber prices, but softening demand may keep prices down

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