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Canfor announces closure of Fox Creek Sawmill
The closure reflects weak markets, high U.S. duties and fibre shortages, and Canfor expects an asset writedown of about $35 million.
Summary by The Record
9 Articles
9 Articles
Recent Mill Closures a ‘Gut-Wrenching’ Amid Lumber Industry Headwinds Canfor CEO Says
Recent mill closures have been “gut-wrenching” as the forestry industry faces tough market conditions, the chief executive of Canfor Corp. said Thursday. The Vancouver-based company announced earlier this week that it’s permanently closing its Fox Creek sawmill in northwestern Alberta because there is not enough fibre in the region to sustain it long-term. U.S. tariffs and weak markets have further eroded its viability, it said. Two weeks earlie…
·New York, United States
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The Hamilton Spectator+6 Reposted by 6 other sources
Canfor announces closure of Fox Creek Sawmill
VANCOUVER, British Columbia, July 28, 2026 (GLOBE NEWSWIRE) -- Canfor Corporation (TSX: CFP) announced today that it will permanently close its Fox Creek sawmill in Fox Creek, Alberta. The decision
·Hamilton, Canada
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Coverage Details
Total News Sources9
Leaning Left3Leaning Right3Center0Last UpdatedBias Distribution50% Left, 50% Right
Bias Distribution
- 50% of the sources lean Left, 50% of the sources lean Right
50% Right
L 50%
R 50%
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