On September 18, 2026, the BC Supreme Court approved the sale of the Teal-Jones Group to Gillfor Manufacturing. …The transaction is expected to close in Q4 2026, subject to customary closing conditions. Without this transaction, the Teal-Jones Surrey, Sumas, and TFL 46 operations were headed for liquidation. By completing this acquisition, Gillfor is ensuring the preservation of vital forestry jobs that would otherwise have been lost, protecting the livelihoods of millworkers, tradespeople, and support staff, and sustaining economic activity in the communities these mills have supported for decades. Gillfor, the Monitor, and Teal-Jones all regard this outcome as the best available result of the CCAA sale process for employees, creditors, service providers, suppliers, customers, and the broader BC forestry sector. This transaction brings together several complementary businesses that will each be strengthened by the combination. Gillfor specializes in the manufacturing and marketing of Western Red Cedar. …Teal-Jones brings world-class sawmilling operations in Surrey, BC.