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September 6, 2024

Canfor to close two Canadian mills, curtails U.S. production

 Citing weak demand, high tariffs, a fiber shortage, and a variety of factors, Canfor Corp. on Sept. 4 has cut production on both sides of the U.S.-Canadian border. Following a thorough review of its Canadian operating conditions, including the persistent challenge of accessing economic fiber, ongoing financial losses, weak lumber markets, and increased U.S. tariffs, Canfor announced on Sept. 4 the closure of its Plateau and Fort St. John operations located in northern British Columbia. These closures will impact approximately 500 employees and will remove 670 million board feet of annual production capacity from our BC ...

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