Taken from quarterly reportOutlook
Other geographical regions, including China, continue to show increased demand for both lumber and log products, which should help offset the effects of a weak US market. Economic forecasts suggest that Canadian dollar will remain at its current level of relative strength against the US dollar and the Japanese Yen and we will adapt our strategies to this environment accordingly.
The Company will continue to emphasize the need to remain diligent in matching log and lumber production levels with forecasted demand in an effort to maintain the lowest levels of working capital required.