Canfor

For the 1Q 2020, Canfor Corporation reported an operating loss of $88.8 million, $29.2 million higher than the operating loss of $59.6 million reported for the 4Q 2019. The significant decline reflected materially lower operating earnings in the lumber segment, partially offset by improved operating earnings in the pul...

Canfor Corporation is undertaking additional temporary reductions in production capacity due to the impact of COVID-19 on the price of lumber and demand. Effective April 13, Canadian lumber production will be curtailed by approximately 100 million board feet through to May 1, resulting in a total production run rate of...

The COVID-19 outbreak has negatively impacted global demand for forest products and disrupted supply chain networks. As a result, Canfor Corporation has implemented the following changes to its operating schedule. Effective March 30, Canadian lumber production will be curtailed by approximately 70 million board feet, o...