Articles

Kruger Unveils10-Year Sustainable Development Strategy

April 7, 2021

MISSISSAUGA, ON, CNW – Kruger Products L.P. has launched its new sustainable development strategy, Reimagine 2030: transformative growth and sustainable innovation. This 10-year strategy includes four targets to reduce its environmental footprint even further and has been developed to evolve as the business grows. “The past year has underscored just how important our

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Lumber prices are up nearly 200%— Is there relief in sight?

April 6, 2021

According to Random Lengths, the average price of lumber per thousand board feet on March 11 was at $1,044. An all-time high for the industry and triple the amount from two years prior. This has put a strain on construction of new houses along with the price passed on to new

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Mergers and acquisitions activity has exploded — Why it will continue

April 6, 2021

THE GLOBE & MAIL — Many Canadians are in lockdown. Canadian companies, however, are on the road in the pandemic, launching takeovers at a record-setting clip and creating a deal-making boom that’s seeing domestic firms emerge as international players. There has never been more mergers and acquisition activity – or

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Builders stockpiling timber as they brace for supply shortages

April 6, 2021

STUFF.CO.NZ — New Zealand’s structural timber shortage has been looming for months and some builders have been stockpiling timber in warehouses to ensure they have enough supply, a builders’ association says. New Zealand Certified Builders Association chairman Mike Craig said the shortage had resulted in what he called “the toilet

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TTF says strong global demand for softwood

April 6, 2021

Strong global demand for softwood means that supply will continue to be tight in 2021 in the UK, and may well tighten further, it was revealed at the UK TTF’s spring Softwood Conference, held online on 31 March 2021. Rather than viewing the current situation as a temporary spike before

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InstarAGF acquires PRT Growing Services

April 5, 2021

Toronto, Ontario — InstarAGF Asset Management Inc. has announced it has acquired PRT Growing Services Ltd., a leading reforestation logistics provider with operations across North America, from TriWest Capital Partners. The Company’s management team will continue to lead the business, which is headquartered in Victoria, British Columbia. PRT is the

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Protesters must clear Vancouver Island blockade or risk arrest

April 5, 2021

CBC NEWS — A B.C. Supreme Court judge has granted an injunction against protesters who have been blocking a forestry company for eight months from operating on Vancouver Island.  CAPTION: Protesters block the road to the Fairy Creek watershed in September 2020. (Kieran Oudshoorn/CBC) The Surrey-based logging company Teal-Jones sought an injunction in February to move

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