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Recent Articles

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Ontario begins collecting carbon taxes--expected to total C$131M in 2023--but most companies decline to say how much they pay; in 2020, GreenFirst's Kapuskasing pulp, paper mill emitted 121,838 tonnes of CO2, Domtar's Espanola mill emitted 600,000 tonnes

RBC Capital: Sentiment negative on GreenFirst CEO Rick Doman retiring; Doman to remain on board and continue as director of GreeenFirst, but announcement was surprising, and market could take negative view on abrupt transition

GreenFirst CEO Rick Doman retires for personal reasons, will continue as a director; Chairman Paul Rivett temporarily assumes role of executive chair and interim CEO

RBC Capital: Sentiment positive on GreenFirst selling its La Sarre and Béarn sawmills in Quebec, and its Abitibi and Témiscamingue forestry operations for C$90M; transaction metrics screen as reasonable

Chantiers Chibougamau's acquisition of two Quebec sawmills and related forestry operations from GreenFirst aligns with company's plan to consolidate existing operations, increase autonomy and resilience to better deal with wood industry fluctuations

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