Interfor to exit Quebec, sells mills to Chantiers Chibougamau

The Tree Frog Forestry News
October 16, 2024
Category: Today's Takeaway

Interfor is selling its two Quebec sawmills and one reman plant to Chantiers Chibougamau. In related news: International Paper is cutting 650 jobs; True Value hardware is selling to Do It Best; Drax is found to have burnt wood from old forests; and Canfor Pulp appoints Stephen Mackie as its new President and CEO. Meanwhile: Canadian housing starts rose 5% in September; BC’s manufacturing is nearing crisis levels; and if elected, BC Conservatives’ plan to return 20% of BC’s forests to First Nations.

In Forestry/Climate news: despite pushback—Europe is fast tracking its Deforestation Regulation delay; the American Forest Foundation will auction carbon credits for family forests; Oregon plans to put Elliot State Forest in a carbon market; and Brazil engages Indigenous communities on carbon offsets. Meanwhile: the Canadian Forest Service is celebrating its 125th B-day; and resilience and renewal stood out at Alberta Forest Products Association’s 82nd AGM.

Finally, the biophilic properties of wood are reaching Space Station design levels.

Kelly McCloskey, Tree Frog Editor

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