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West Fraser cuts production, mill shifts in B.C. for loss of 147 jobs
West Fraser Timber Co. Ltd. says it is cutting a shift a three B.C. mills as it reduces production because of lack of timber supplies. Logs are piled up at West Fraser Timber in Quesnel, B.C., Tuesday, April 21, 2009. THE CANADIAN PRESS/Jonathan Hayward
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West Fraser amasses $706-million in lumber duty deposits as potential suitors circle
Lumber ready for shipping sits stacked at the West Fraser Timber Co. sawmill in Quesnel, B.C., in 2015. The company’s spruce, pine and fir lumber (or SPF) is sold in the United States, where it is key to the construction of single-family homes.
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West Fraser Timber shares roiled after takeover speculation
West Fraser Pacific Inland Resources sawmill in Smithers, British Columbia, February 24, 2020. Jimmy Jeong for The Globe and Mail.
inside the market
West Fraser Timber VP buys the dip
Ted Dixon
inside the market
Forestry companies are set to report huge profits. Will their stock prices get spruced up?
The remains of a cut block is seen in the Fairy Creek logging area near Port Renfrew, B.C., Tuesday, Oct. 5, 2021. Environmentalists say the new federal emissions reduction plan continues to undercount emissions from forestry. THE CANADIAN PRESS/Jonathan Hayward
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U.S. to reduce levies on most Canadian softwood producers
FILE PHOTO: Softwood lumber is stacked at Groupe Crete, a sawmill in Chertsey, Quebec, Canada, January 17, 2018. REUTERS/Christinne Muschi/File Photo
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West Fraser Timber says severe weather, flooding in B.C. affecting lumber and pulp shipments
Logs are piled up at West Fraser Timber in Quesnel, B.C., on April 21, 2009. THE CANADIAN PRESS/Jonathan Hayward
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West Fraser Timber signs deal to buy Georgia Pacific’s OSB mill in South Carolina for US$280-million
Logs are piled up at West Fraser Timber in Quesnel, B.C., on April 21, 2009. THE CANADIAN PRESS/Jonathan Hayward
canada
Alberta to allow more logging in remnants of old-growth caribou habitat, groups say
A couple of caribou walk along the Trans Canada Highway near Howley, N.L., on Jan. 8, 2017 in this handout photo. THE CANADIAN PRESS/HO, Stephanie Brake *MANDATORY CREDIT*
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West Fraser Timber’s second-quarter profits surge as revenues more than quadruple on Norbord acquisition
Softwood lumber is pictured along the Fraser River in Richmond, B.C., Tuesday, April 25, 2017. THE CANADIAN PRESS/Jonathan Hayward
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West Fraser Timber to buy back up to $1-billion of its shares
Logs are piled up at West Fraser Timber in Quesnel, B.C., Tuesday, April 21, 2009. West Fraser Timber Co. Ltd. is reporting higher first-quarter sales and earnings after completing its $4-billion all-stock takeover of Norbord Inc. on Feb. 1. THE CANADIAN PRESS/Jonathan Hayward
inside the market
Forest products stocks are well off their highs as lumber prices remain sky high. Time to buy the dip?
A worker controls a hopper full of cedar lumber at Interfor's Hammond Cedar Mill in Maple Ridge, B.C. Thursday July 17, 2003. A NAFTA dispute panel has upheld U.S. anti-dumping duties on Canadian softwood lumber, ruling th the U.S. Department of Commerce acted lawfully whe it imposed the duties.(CP PHOTO/Chuck Stoody)
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West Fraser says production has been restored at Quebec OSB mill closed in 2008
Softwood lumber is stacked in Madawaska, Ont. on Tuesday, April 25, 2017.  THE CANADIAN PRESS/Sean Kilpatrick
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Shareholders approve West Fraser deal to buy Norbord, consolidating wood sector
Fresh cut lumber is stacked at a mill along the Stave River in Maple Ridge, B.C., Thursday, April 25, 2019. Shareholders of West Fraser and Norbord will vote today on a $4 billion all-stock deal that will marry two of Canada's big wood product producers.THE CANADIAN PRESS/Jonathan Hayward
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U.S. cuts softwood duties on most Canadian producers
FILE PHOTO: A worker inspects lumber on a conveyor belt at West Fraser Pacific Inland Resources sawmill in Smithers, British Columbia, Canada February 4, 2020. REUTERS/Jesse Winter
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Streetwise newsletter: West Fraser Timber to buy Norbord in all-stock deal worth $4-billion
Logs are piled up at West Fraser Timber in Quesnel, B.C., in this April 21, 2009 photo. THE CANADIAN PRESS/Jonathan Hayward
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West Fraser Timber to buy Norbord in all-stock deal worth $4-billion
The log yard at the West Fraser Timber sawmill in Quesnel, BC December 16, 2010. (John Lehmann/The Globe and Mail)
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Market movers: Stocks that saw action on Tuesday - and why
Logs are piled up at West Fraser Timber in Quesnel, B.C., Tuesday, April 21, 2009.
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West Fraser Timber beats expectations as lumber demand stays resilient through pandemic
Logs are piled up at West Fraser Timber in Quesnel, B.C., Tuesday, April 21, 2009. West Fraser Timber Co Ltd. is reporting a third-quarter loss as higher production from its U.S. south division failed to make up for reduced output in Canada. THE CANADIAN PRESS/Jonathan Hayward
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Lumber producers slashing output as demand falters amid COVID-19 pandemic
Lumber producers slashing output as demand falters amid COVID-19 pandemic
report on business
West Fraser Timber announces more production cuts amid COVID-19
Logs are piled up at West Fraser Timber in Quesnel, B.C., Tuesday, April 21, 2009. West Fraser Timber Co. Ltd. says it is further cutting production amid the COVID-19 pandemic. The Vancouver-based company says it will further reduce its SPF lumber production by 30 million to 40 million board feet of production per week, or 45 to 60 per cent, starting April 6. THE CANADIAN PRESS/Jonathan Hayward
number cruncher
Industry on the rebound: Seeking growth among forestry stocks
Workers sort wood at Murray Brothers Lumber Company woodlot in Madawaska, Ontario on April 25, 2017.
inside the market
Tuesday’s Insider Report: Presidents purchase shares in these two dividend-paying stocks
The log yard at the West Fraser Timber sawmill in Quesnel, BC December 16, 2010.
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Wednesday’s Insider Report: Companies insiders are buying and selling
Lumber ready for shipping sits stacked at the West Fraser Timber Co. sawmill in Quesnel, B.C., in 2015.