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West Fraser Timber reports loss in Q4 as interest rates weigh on U.S. construction

West Fraser Timber reports loss in Q4 as interest rates weigh on U.S. construction

West Fraser Timber Co. Ltd. says it saw losses of US$94 million in the fourth quarter of 2022, down more than 128 per cent from earnings of US$334 million during the same quarter a year earlier. The company, which reports in U.S.
FortisBC, LNG Canada join First Nations LNG Alliance

FortisBC, LNG Canada join First Nations LNG Alliance

Canadian LNG Alliance loses two key members to First Nations LNG group
B2Gold signs agreement to buy Sabina Gold and Silver for $1.1B in all-stock deal

B2Gold signs agreement to buy Sabina Gold and Silver for $1.1B in all-stock deal

B2Gold Corp. has signed a deal to buy Sabina Gold and Silver Corp. in an all-stock deal valued at $1.1 billion. Sabina owns the Back River gold district in Nunavut including five mineral claims across an 80-kilometre belt.
B.C. fines Teck Coal more than $16M over Elk Valley infractions

B.C. fines Teck Coal more than $16M over Elk Valley infractions

The British Columbia government has fined Teck Coal Limited more than $16 million for exceeding pollution thresholds as well as failing to build an active water treatment facility on time at one of its operations in southeastern B.C.
B.C. to be affected by cannabis company Canopy Growth's consolidation plans

B.C. to be affected by cannabis company Canopy Growth's consolidation plans

Canopy Growth Corp. will lay off 800 workers as part of a transformation plan that will see the company close its hallmark 1 Hershey facility and consolidate some of its cultivation operations. The Smiths Falls, Ont.
Terrace sawmill, bioenergy plant closing indefinitely

Terrace sawmill, bioenergy plant closing indefinitely

Skeena Sawmills, a major employer in Terrace, has announced it is closing indefinitely as of today, throwing more than 150 people out of work, but hopes to reopen at some point.
B.C. forestry group concerned about Biden's America-first project protectionism

B.C. forestry group concerned about Biden's America-first project protectionism

Experts doubt U.S. industry’s ability to meet 100% of domestic demand
Mill closures threaten to punch holes in the fabric of rural B.C. towns

Mill closures threaten to punch holes in the fabric of rural B.C. towns

When Mayor Shane Brienen of Houston, B.C., thinks about the impact of the impending closure of the town's sawmill, he worries not only about the economic fallout.
West Fraser to curtail production at Cariboo Pulp & Paper

West Fraser to curtail production at Cariboo Pulp & Paper

Month-long curtailments coming in mid-April and the third quarter
Think tank forecasts financial challenges for LNG projects such as Woodfibre LNG

Think tank forecasts financial challenges for LNG projects such as Woodfibre LNG

Institute for Energy Economics and Financial Analysis released a new report noting the challenges facing B.C. LNG