Mortgage rates above 6% and tariff uncertainty shape 2026 operating plans and input-cost expectations.
Stratégie
The plan targets mill operations, regulatory changes, and new markets for Ontario wood products.
Possible temporary layoffs would run from June through December and cover parts of Packaging and Paper, and Pulp, Energy and Circularity.
The project is intended to improve wood-use efficiency, raise productivity, and expand development of plywood products, including large-format plywood, for international markets and the EU.
The forestry group cites higher logistics and input costs, a stronger krona and uneven pricing between wood supply and finished products, while pointing to small pulp-price gains late in the quarter.
New agreement includes annual sea-freight emissions cuts as Ultra Yorkshire delivers biomass pellets to Liverpool on B100 biofuel.
Interim office of the CEO formed as Scott Sutton resigns, with CFO Marcus Moeltner among four executives leading transition.
Weak lumber demand and price pressure in China, a stronger ruble, and high interest costs drove asset impairments, capacity curtailments, and lower fourth-quarter sales.
New estimates show lumber demand is more sensitive to housing starts than to GDP per capita or prices, and the revised setup produces lower long-run demand.
Company leverages 2 million tonnes of annual biomass management as it develops 42 biomethane projects across Iberian Peninsula.