Canadian forest industry steps up its recruitment efforts

EDMONTON – Demand and prices may be booming, but a projected labour crunch is forcing Canada’s forestry industry to ramp up its recruiting game.

The Forest Products Association of Canada (FPAC) predicts that it will need to hire at least 60,000 workers by 2020 to replace 40,000 lost to retirement and another 20,000 needed to grow the industry. And the Conference Board of Canada says the 160,000-strong forestry workforce is older than average, because of downsizing in the last decade.

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Lamphier: Western Canada’s forest-products industry rebuilds, thanks to U.S. housing rebound

EDMONTON – Western Canada’s forest products industry is back in gear, riding a rebound in the U.S. housing market and surging lumber prices.

The turnaround is reflected in the shares of major Vancouver-based producers like West Fraser Timber (TSX:WFT), International Forest Products (TSX:IFP.A), Western Forest Products (TSX:WEF) and Ainsworth Lumber (TSX:ANS).

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Cautious optimism in forestry sector this year

The big three forestry companies operating in the Grande Prairie area seem to be cautiously optimistic as they drive into this year’s harvests.

Weyerhaeuser, Canfor Products Ltd, and Ainsworth Engineered, held a joint open house on Nov. 15 at Stonebridge Hotel to field questions from the public and discuss future harvesting plans.

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Hurricane Sandy: Richard Garneau, Resolute CEO, Says Canada’s Forestry Industry To Profit From Storm

MONTREAL — The destructive wrath of Hurricane Sandy will help boost recovery in Canada’s forest products industry next year as communities in New York City area and along the New Jersey coast rebuild, the head of Resolute Forest Products said Friday.

“When you look at the devastation it’s mind boggling and it’s going to have an impact,” CEO Richard Garneau said in an interview.

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