TSX:CFPForestry
Canfor (TSX:CFP) Is Up 7.2% After Permanently Shuttering Northwood Pulp Mill – Has The Bull Case Changed?
Canfor Corporation has announced the permanent closure of its Northwood pulp mill in Prince George, British Columbia, expected to wind down by late fourth quarter 2026, cutting about 300,000 tonnes of annual NBSK pulp production and directly affecting roughly 300 employees.
The move highlights deep structural challenges in global pulp markets, where oversupply, weak pricing, and ongoing fibre access issues have made operations financially unsustainable for Canfor Pulp.
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