Canfor Reduces Operating Schedules

Canfor Corporation will implement reduced operating schedules at its British Columbia sawmills, with the exception of WynnWood, starting the week of August 30. As a result, Canfor’s BC mills are expected to operate at approximately 80 per cent of production capacity and operating schedules may continue to vary as economic conditions warrant. The move is in response to challenging market conditions and will remain in place until demand and pricing meaningfully improve.