Canfor’s CEO: Record lumber prices trend expected to continue

Canfor’s CEO: Record lumber prices trend expected to continue
The work-from-home trend that drove lumber prices to record levels and helped producer Canfor Corp. realize record high revenues in the third quarter is expected to continue to provide benefits going forward, CEO Don Kayne says.    The Vancouver-based company expects strong lumber prices to continue through the end of 2020 despite the recent softening it attributes to seasonal slowdowns.    "Pre-pandemic, for many people, their home was primarily for shelter, for sleeping and eating. Now the home is becoming an office, a school, an entertainment area and a recreation ...

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