Canadian forestry companies experience great growth, as share prices increase
The major forestry companies in Canada are experiencing important growth as their share prices increase, despite the trade dispute with the US and the shipments delays. This stock rally that began in 2017 has been welcomed in a sector which endured many economic downturns. “It’s a cyclical industry, and cycles come and go,” business magnate Jim Pattison, who owns nearly half of Canfor Corp. and more than 10 per cent of West Fraser Timber Co. Ltd., said. “The key is to take advantage of the cycles when the time comes.” “You go through a mill ...
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