Canfor Corp. Announces Two-Week Curtailment in BC Beginning September 26 and Reduced Operating Schedules for the Remainder of the Year

Canfor Corporation on Monday (9-19-22) announced a temporary reduction in production in British Columbia due to challenging market conditions. The production capacity will be reduced through a two-week curtailment beginning on Monday, September 26, 2022, at the majority of solid wood facilities in BC. It will be followed by the resumption of reduced operating schedules until the end of 2022. This is expected to result in the reduction of approximately 200 million board feet of production capacity.

Commenting on the announcement, Canfor President and CEO Don Kayne said, “We are temporarily curtailing production in BC due to reduced demand. We will leverage our global operating platform to prioritize the requirements of our customers.”

To limit the impact on employees, they will have the opportunity to work during the downtime to complete maintenance projects and other site activities.