13.2 C
Fort St. John
Sunday, September 15, 2019
9924 101 ave Fort St. John, B.C.
Home News Canfor Woes Continue

Canfor Woes Continue

There’s no sign of any economic relief for Canfor Corporation.

It has confirmed a net lost of nearly $230 million in the fourth quarter of last year, compared to just over $94 million for the third quarter.

That means for the calendar year the company’s net loss was $345.2 million or two dollars and 42 cents per share.

To add insult to injury, as CKNW’S Dan Burritt reports, Canfor is now the centre of a lawsuit….

[asset|aid=977|format=mp3player|formatter=asset_bonus|title=9c3834d5760ea96df70473a849199f79-Canfor Lawsuit-VCR_2_Pub.mp3]

get the latest news in your inbox


Local Events

Must Read

Federal leaders scatter across country as campaign ramps up in earnest

OTTAWA — Federal party leaders have scattered across the country today as the election campaign starts to ramp up in earnest. Today was the legal...