Vancouver Island mill latest to close in B.C., 350 jobs lost [Yahoo! Finance Canada]
West Fraser Timber Co. Ltd Common stock (WFG)
Company Research
Source: Yahoo! Finance Canada
Domtar says in a statement that continued poor pricing for pulp and lack of access to affordable fibre in British Columbia necessitates the closure of its pulp mill in Crofton. Domtar says it is exploring "a variety of possibilities" for the future of the site. B.C. Forests Minister Ravi Parmar calls the closure "gut-wrenching for workers" in a statement and says the forest sector is facing pressures from volatile markets, low pulp prices, shrinking fibre, climate-driven wildfires, conservation measures, and U.S. duties and tariffs. Meanwhile, the Opposition Conservatives are calling for Parmar to resign, saying in a statement that the closure is a clear sign that B.C.'s coastal forest sector is collapsing. Last month, West Fraser Timber announced that it would permanently close its lumber mill in 100 Mile House with about 165 jobs by the end of 2025. This report by The Canadian Press was first published Dec. 2, 2025. The Canadian Press
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WFG
News
- West Fraser Reduces OSB Capacity [Yahoo! Finance]Yahoo! Finance
- West Fraser Reduces OSB CapacityPR Newswire
- West Fraser Timber (TSX:WFG): Fresh Look at Valuation Following Recent Share Price Uptick [Yahoo! Finance]Yahoo! Finance
- RBC Sees Acquisition Opportunities for West Fraser (WFG) as Wood Products Market Weakens Further [Yahoo! Finance]Yahoo! Finance
- Canadian companies are making energy-transition plans – but quietly [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
WFG
Sec Filings
- 12/4/25 - Form 6-K
- 11/6/25 - Form 6-K
- 10/22/25 - Form 6-K
- WFG's page on the SEC website