Companies report strong results on record lumber, improved pulp prices

April 29, 2021
Category: Today's Takeaway

Canfor, Resolute and International Paper report strong Q1, 2021 results, reflecting record lumber prices and improved pulp & paper markets. In other Business news: GreenFirst reports year-end 2020 loss; Resolute and FPInnovations win award for biomass innovation; and the US Federal Reserve is watching US housing carefully, as its share of GDP rises, and lumber costs add to new home prices.  

In other news: Kruger commits to reducing plastic in its packaging products; plastic waste pollution is called out, and analysts forecast growth in the containerboard industry. Elsewhere, an update on forest certification in Canada; perspectives on BC’s Fairy Creek blockade, and related old-growth hype; and Northern Alberta Institute of Technology use of 360-degree imagery for  training in remote communities.

Finally, National Post columnist de Souza has a beef with Harvey’s Earth Day commitment.

Kelly McCloskey, Tree Frog Editor

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