RE:RE:West Fraser Timber earnings coming up~ (Apr 23rd 4pm EST) These are very strong results for WFT. They benefited somewhat from the weak dollar (they're heavy to US production so not fully). They're not much of a comparitor to WEF though -- WFT is a bit of pulp but mostly all 2x4 and 2x6 SPF and SYP.
All the dismay over the lumber price drop is not a big deal for the Canadians yet. It's a wash., The number of years where the petrodollar went wild (CDN/USA = =1.00) is gone. With an 81 cent doller, lumber at $250 is de facto $309 per mfbm (250/.81). This may kick a decent rally.