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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….

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