Canfor reports Q1 net loss, announces acquisition of Resolute’s El Dorado lumber mill in Arkansas

The Tree Frog Forestry News
May 1, 2024
Category: Today's Takeaway

Canfor (and Canfor Pulp) reported a Q1, 2024 net loss, announced acquisition of Resolute’s El Dorado lumber mill in Arkansas. In related news: UFP Industries and Goodfellow Inc. report Q1 net losses; Interfor plans to curtail lumber production; US lumber prices ease; Canada’s GDP ticks up; and China’s timber imports recover.

In Forestry/Wildfire news: Canada questions Quebec’s caribou strategy; Alberta Minister defends West Fraser’s Bragg Creek logging plan; ENGOs say Minnesota logging endangers wildlife; UBC hosts wildfire symposium; and BC empowers citizens to impact major-project assessments.

Finally, the secret to Mexico’s forest fire success — Community and Indigenous land ownership.

Kelly McCloskey, Tree Frog Editor

Read More