Home News Industry News Canfor Corporation’s Stock Price Is Soaring Despite Softwood Lumber Issues

Canfor Corporation’s Stock Price Is Soaring Despite Softwood Lumber Issues

Canfor Corporation (TSX:CFP) has operations in Canada and the U.S. and is a leading producer of integrated forest products. The company also owns the majority stake (53.6%) of Canfor Pulp Products Inc (TSX:CFX), which is in the pulp and paper industry and operates in B.C.

The main drivers of the demand for lumber come from the construction industry and, to a lesser extent, the housing markets.

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Source: The Motley Fool

 
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