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Sustainability & Social Responsibility: Canfor and Canfor Pulp 2021 Sustainability Report

Canfor and CanforĀ PulpĀ release 2021 Sustainability Report, with additional targets for climate change, water management, waste management, air quality; Canfor commits to set company-wide emission reductions in line with science-based net-zero with SBTi

Canfor Southern Pine will invest US$25M to modernize its Hampton County facility in South Carolina; upgrades include new technology and equipment to help meet growing global demand for its wood products, are expected to be completed by end of 2022

Scotia Capital maintains Canfor at sector outperform and lowers target by C$3 to C$42, sees lumber prices finishing above projections in Q2; SPF prices expected to stabilize soon as buyers likely have to resume purchases to meet ongoing customers' needs

RBC highlights wood products news for the week (May 29): Lumber, OSB prices remain under pressure; Canfor to implement two weeks of rotating downtime across its primary sawmills in July, August; carpenters union in Ontario ends strike that began on May 9

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