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September 17, 2024

Lumber giant Canfor considers sale of more B.C. assets

One week after it announced it would be closing down two mills in northern British Columbia, Canadian logging giant Canfor is considering selling more of its assets in the region. In a statement, a Canfor spokesperson said the company "remains committed to exploring opportunities to divest some of its northern B.C. tenure," and will consider several parties' pitches to buy its assets, in order to support other B.C. businesses struggling to access wood. Its announcement comes after John Brink, owner of the Prince George-based Brink Group of Companies, approached Canfor to buy some of its assets ...

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