Lumber pricing rises on tighter supply, but weak demand, duties, and disruptions cut shipments and keep both lumber and pulp operations under pressure.
Canfor Pulp Products
Transaction values former shares at 0.0425 Canfor share or $0.50 cash, delisting from TSX effective March 18.
No alternative bids were received from 15 potential buyers contacted before the January 19 deadline, confirming Canfor Corporation’s planned purchase of remaining shares.
Offer price represents a 25% premium to current trading value, with deal expected to close in Q1 2026.
North American housing weakness, high duties, and soft global pulp prices drive lower production and margins across all regions.