B.C. lumber producers face challenges to gain greater access to timber amid tariffs [Globe and Mail, The (Toronto, Canada)]
West Fraser Timber Co. Ltd Common stock (WFG)
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Source: Globe and Mail, The
Canadian producers of softwood lumber are facing challenges to gain greater access to timber in British Columbia as they cope with new U.S. tariffs stacked on top of existing duties. Tree harvesting has plunged in recent years on Crown land in B.C., to an estimated 31 million cubic metres last year from 60 million cubic metres in 2018. Vancouver-based forestry analyst Russ Taylor said the B.C. government finds itself in a bind on the forestry file, after Tuesday's implementation of 25-per-cent tariffs, which are in addition to the current duty rate of 14.4 per cent for Canadian softwood shipped south of the border. “The government's forest policy in the last five years has gone from conservation of the forests and to almost preservation – locking up the timber rather making it available to the industry,” Mr. Taylor said in an interview on Wednesday. He said there isn't any enforcement of Premier David Eby's mandate letter to Forests Minister Ravi Parmar, which sets out genera
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News
- West Fraser Timber (NYSE:WFG) was given a new $85.00 price target on by analysts at Royal Bank Of Canada. They now have an "outperform" rating on the stock.MarketBeat
- West Fraser Declares DividendPR Newswire
- West Fraser Timber (NYSE:WFG) was downgraded by analysts at Cibc Captl Mkts from a "strong-buy" rating to a "hold" rating.MarketBeat
- West Fraser Timber (NYSE:WFG) was downgraded by analysts at CIBC from an "outperform" rating to a "neutral" rating.MarketBeat
- West Fraser Reduces OSB Capacity [Yahoo! Finance]Yahoo! Finance
WFG
Sec Filings
- 12/10/25 - Form 6-K
- 12/4/25 - Form 6-K
- 11/6/25 - Form 6-K
- WFG's page on the SEC website