VANCOUVER, B.C. – Canfor Corporation reported its first quarter of 2024 results. Highlights include: Q1 2024 operating loss of $86 million; shareholder net loss of $65 million; Sustained pressure on global lumber markets and pricing, especially for Southern Yellow Pine; Solid earnings from Europe; US South results directly impacted by weak SYP lumber pricing; Western Canadian results remained challenging despite uplift in Western Spruce/Pine/Fir lumber pricing; Modest uptick in NBSK pulp unit sales realizations, 7% increase in pulp production quarter-over-quarter.  …CEO Don Kayne, said, “Although global lumber markets remained under pressure in the first quarter, especially Southern Yellow Pine, our global lumber footprint helped mitigate some of these market-related pressures, as our European operations delivered positive results and our Western Canadian operations benefited from an uplift in SPF pricing. ….In British Columbia, the operating conditions remain challenging, as we continue to face persistent constraints associated with a lack of economically viable fibre.”