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Western Forest Products Inc T.WEF

Alternate Symbol(s):  WFSTF

Western Forest Products Inc. is a Canada-based integrated forest products company building a margin-focused log and lumber business to compete in global softwood markets. The Company’s primary business is the sale of lumber and logs, which includes timber harvesting, sawmilling logs into specialty lumber, value-added lumber and glulam remanufacturing, and wholesaling purchased lumber. It has a lumber capacity of approximately 885 million board feet from six sawmills, as well as operates four remanufacturing facilities and two glulam manufacturing facilities. The Company's product categories include outdoor living, exterior appearance, LIFESTYLE CEDAR, interior living, structural, industrial and WFP engineered products. Its outdoor living products include decking, timbers and fencing products. Its LIFESTYLE CEDAR products include LIFESTYLE CEDAR Decking and LIFESTYLE CEDAR Fencing. Its WFP Engineered Products include curved and arched glulams, straight glulams, and fabricated trusses.


TSX:WEF - Post by User

Bullboard Posts
Comment by louelon Nov 20, 2019 3:57pm
148 Views
Post# 30375476

RE:RE:RE:Talks Resume??

RE:RE:RE:Talks Resume??A reduction in stumpage would be challenged by the US\

 
False.  Stumpage could be 0 if the timber blocks wewe sold on the open bid Canadian market and there would be no opposition from the US.   
'
 The same companies who own mills in Alberta are running flat out.    Selling their lumber into the same US market as BC without resistance or additional penalty.       Stumpage in Alta. amounts to approx.  $8.50 or $355 per truckload of logs.  BC's  NDP stumpage grab is $58 + or minus comming to $2500 per truckload.    But the mills are protected with Govt. allotted TFL's and AAC quotas which are not allotted undre a bidding process.
  
  The statement by provincial government the US would retaliate so nothing can be done is 100% false.   All it would take to remedy the problem is for the NDP to change the way stumpage is applied.    Even Jim Pattisson who owns Canfor has stated,  The Alberta system is far superior.    
   Horgan is simply using that excuse as a scape goat.  Peddling BS.  to the majority of people who don't bother to investigate 


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