Canfor blames provincial 'policy changes' and 'increased regulatory complexity' for crimped timber supply
Canfor Corp. will permanently shutter a sawmill in Bear Lake, B.C., indefinitely curtail one production line at a pulp mill, and suspend a planned investment to revitalize its shuttered sawmill in Houston, B.C.
Canfor Pulp Products Inc. simultaneously announced it will indefinitely curtail one production line at its Northwood facility in Prince George. The curtailment of that production line is expected to affect 220 works. But Canfor said Thursday it is shelving the Houston mill redevelopment. The company blamed provincial policies for a shrinking timber supply.
"In 2023 the actual harvest was 42 percent lower than the allowable cut, a level not seen since the 1960s. While this decline is partly the result of natural disturbances – beetle infestations and wildfire particularly - it is also the result of the cumulative impact of policy changes and increased regulatory complexity.
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