Canfor Calls on BC Government to Rethink Old Growth Deferral Process

Canfor Corporation (“Canfor”) is issuing an open letter from Don Kayne, President and CEO, calling for an approach to the management of British Columbia’s old growth forests that is based on the facts of sound science and Indigenous traditional knowledge and a collaborative process that includes broad representation.

“We can choose a path that brings First Nations, labour leaders, forestry professionals and communities together to develop a sustainable old growth management plan that protects our forests and ensures sustainable employment for our communities. We are asking the Government of British Columbia to rethink the old growth deferral process,” said Don Kayne, President and CEO, Canfor. “Together, we can build on the 75% of old growth forests that are already protected or outside harvesting areas.”

British Columbia is a world leader in sustainable harvesting and forest management practices that include rigorous environmental standards and a comprehensive permitting system.

The letter follows on this link.

About Canfor Corporation

Canfor is a leading integrated forest products company based in Vancouver, British Columbia (“BC”) with interests in BC, Alberta, North and South Carolina, Alabama, Georgia, Mississippi, Arkansas and Louisiana, as well as in Sweden with 70% interest in Vida Group. Canfor produces primarily softwood lumber and also owns a 54.8% interest in Canfor Pulp Products Inc., which is one of the largest global producers of market Northern Bleached Softwood Kraft Pulp and a leading producer of high performance kraft paper. Canfor shares are traded on The Toronto Stock Exchange under the symbol CFP. For more information visit canfor.com.

Contact:

Pat Elliott – Vice President Corporate Finance & Strategy – Patrick.Elliot@canfor.com – (604) 661-5441

Source: Canfor Corporation