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Canfor (TSX:CFP) has drawn investor interest after recent share price gains, with the stock up over the past month and past 3 months, as the integrated forest products group continues operating across lumber, pulp, and paper markets. Recent trading has been strong, with Canfor’s share price delivering a 7.84% 1-month return and 15.65% over 90 days. The year-to-date share price return of 27.91%, compared with a 5-year total shareholder return that is down 43.60%, points to momentum rebuilding...
Pacific salmon have long held cultural, economic, and ecological significance for First Nations peoples and all British Columbians. Climate change, habitat loss, and fishing pressures are causing many salmon populations, such as Fraser River Chinook salmon, to experience serious declines.
Canfor (TSE:CFP) reported stronger second-quarter lumber earnings as improved pricing, higher shipments and cost-structure gains offset continued weakness in pulp markets. Management said the company is continuing to reshape its operating footprint through mill closures, capital projects and the acq
Canfor Corp (CFPZF) reports a strong Q2 2026 with lumber EBITDA soaring $116 million, while pulp losses and strategic mill closures signal a major portfolio shift.
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 reflects the ongoing challenges facing the operation including prolonged weak market conditions, persistent high US softwood lumber duties and tariffs, and fibre supply impacts due to recent wildfires and the conclusion of the mountain pine beetle management strategy. The Fox Creek sawmill, destroyed
Canfor's announcement of plans to close its Northwood pulp mill would eliminate 300 forestry jobs and further hobble the forestry supply chain in B.C. if it is allowed to proceed, says Unifor.
VANCOUVER, British Columbia, July 14, 2026 (GLOBE NEWSWIRE) -- Canfor Corporation (TSX:CFP) today announced the permanent closure of its Northwood pulp mill in Prince George, British Columbia. This closure results in an annual reduction of about 300,000 tonnes of Northern Bleached Softwood Kraft (NBSK) from Northwood. Approximately 300 employees in Prince George are directly impacted. The pulp and paper sector continues to face significant challenges, including a structural shift in global pulp
VANCOUVER, British Columbia, July 03, 2026 (GLOBE NEWSWIRE) -- Canfor Corporation (TSX: CFP) is pleased to announce it has completed the acquisition of PinkWood Ltd, Western Canada’s largest I-joist facility based in Calgary, Alberta. The acquisition, announced on June 9, 2026, complements Canfor’s existing operations in Alberta and British Columbia. “We’re excited to welcome the PinkWood operation, its management team and its employees to the Canfor family,” said Susan Yurkovich, President and
VANCOUVER, British Columbia, June 25, 2026 (GLOBE NEWSWIRE) -- Canfor Corporation (TSX:CFP) will hold an analyst conference call on Thursday, July 30, 2026, to discuss their Q2 2026 financial and operating results. When:Thursday, July 30, 2026, at 9:00 a.m. PT Call details: Please note that we have transitioned to a new webcast service provider.To register to join the call by phone (analysts only), click here. To view the webcast online, click here. To view our Conference Call Participant Guide,
VANCOUVER, British Columbia, June 09, 2026 (GLOBE NEWSWIRE) -- Canfor Corporation (TSX: CFP) announced today that it has entered into an agreement with PinkWood Ltd. to purchase its I-joist business for $68.0 million, including working capital. Founded in 2009, PinkWood is the largest I-joist facility in Western Canada, producing engineered wood joists for residential, multi-family, and commercial construction. Located in Calgary, AB, PinkWood has 120 employees, with production capacity of 46 mi
As the Canadian market navigates rising yields and their potential impact on equity performance, investors are closely monitoring how these economic shifts might influence valuations and investment strategies. In this environment, growth companies with high insider ownership can offer a compelling opportunity, as insider stakes often signal confidence in the company's long-term prospects amidst evolving market conditions.
Recent share performance and business snapshot Canfor (TSX:CFP) has been back under the spotlight after a period in which the stock fell about 7% over the past month and roughly 19% over the past 3 months, prompting fresh attention to its fundamentals. The company operates as an integrated forest products producer with lumber, pulp and paper, remanufactured products, engineered wood, wood pellets and energy. It generated CA$5,280.6m in revenue while reporting a net loss of CA$837.8m. See our...
VANCOUVER, British Columbia, May 18, 2026 (GLOBE NEWSWIRE) -- Canfor Corporation (TSX: CFP) announced today that its 77%-owned subsidiary, Vida AB, will permanently close its sawmill operations in Urshult and Orrefors, Sweden. “While this was a difficult decision, the closures are necessary given the ongoing imbalance between production capacity and access to fibre in southern Sweden,” said Karl-Johan Löwenadler, CEO of Vida AB. “By concentrating production in fewer more productive and efficient
VANCOUVER, British Columbia, May 06, 2026 (GLOBE NEWSWIRE) -- Canfor Corporation (TSX:CFP) announces, in accordance with Toronto Stock Exchange requirements, the voting results from its Annual General Meeting held Wednesday, May 6, 2026, in Vancouver, British Columbia. A total of 100,880,084 common shares were voted at the meeting representing 85.2% of the votes attached to all outstanding shares. Shareholders voted in favour of all items of business before the meeting, including the election of
Forest products company Canfor (CFP.TO) reported wider net loss and lower sales in the first quarter
VANCOUVER, British Columbia, May 06, 2026 (GLOBE NEWSWIRE) -- Canfor Corporation (the “Company” or “Canfor”) (TSX: CFP) today reported its first quarter of 2026 results: Overview. For the first quarter of 2026, the Company reported an operating loss of $73 million and shareholder net loss of $72 million, equivalent to $0.62 per share.After taking into consideration adjusting items1 of $20 million, the adjusted operating loss for Q1 2026 was $93 million, compared to an adjusted operating loss of
As the Canadian market navigates a complex economic landscape characterized by fluctuating energy prices and cautious central bank policies, investors are keenly focused on growth opportunities that can withstand these uncertainties. In such an environment, companies with high insider ownership often stand out as promising candidates, as their leadership's vested interest aligns closely with shareholder value—making them attractive options for those seeking resilience and potential in their...
VANCOUVER, British Columbia, April 22, 2026 (GLOBE NEWSWIRE) -- Canfor Corporation (TSX: CFP) released its 2025 Sustainability Report today. The report provides an overview of the company’s sustainability strategy and its environmental, social and governance progress in 2025. Canfor President and CEO Susan Yurkovich said, “Sustainability is built into everything we do across our global operations. Our sustainability strategy is centered on sound resource stewardship, product and operational exce
As the Canadian market navigates through a period of uncertainty, investors are observing mixed signals with some sectors showing resilience while others face challenges. In this environment, identifying stocks that are trading below their intrinsic value can be a strategic approach for those looking to capitalize on potential market corrections and long-term growth opportunities.
Amidst the backdrop of fluctuating oil prices and inflationary pressures, the Canadian market has shown resilience, with the S&P/TSX index rebounding by 7.5% from its mid-March low. In such a volatile environment, identifying stocks that are trading below their intrinsic value can offer investors potential opportunities for long-term growth.
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