Wood products producer Stella-Jones says CEO Brian McManus to step down

Wood products producer Stella-Jones says CEO Brian McManus to step down
MONTREAL — Wood-products producer Stella Jones Inc. says company president and CEO Brian McManus will step down later this year after 18 years at the company. The company’s share price was down almost seven per cent in midday trading on the Toronto Stock Exchange after announcing the news. Stella-Jones says McManus will leave his post on October 11 and will work with... Read More

GFL Environmental Inc. buying recycling processor Canada Fibers Ltd.

GFL Environmental Inc. buying recycling processor Canada Fibers Ltd.
VAUGHAN, Ont. — GFL Environmental Inc. has signed a deal to acquire recycling processor Canada Fibers Ltd. Financial terms of the deal were not immediately available. Canada Fibers provides recycling processing services to municipalities across Ontario, including Toronto. It has also been awarded the contract to design, build and operate an advanced single-stream material recovery facility in Winnipeg. The deal... Read More

First Nations push for greater share of forestry tenures as policies evolve

First Nations push for greater share of forestry tenures as policies evolve
The foundations of Canada’s forestry sector are changing as First Nations, strengthened by legal victories and legislation, look for more control of the woods. A greater share of forestry rights could help open the way to greater economic independence, and is backed by a growing body of case law that affirms treaty rights, land title and duties to consult, said... Read More

SNC-Lavalin CEO Neil Bruce retires, Ian Edwards named interim CEO

SNC-Lavalin CEO Neil Bruce retires, Ian Edwards named interim CEO
MONTREAL — SNC-Lavalin Group Inc. says chief executive Neil Bruce is retiring from the company and returning to his family in the United Kingdom. Ian Edwards, the company’s chief operating officer, has been named interim chief executive effective today. Bruce is expected to remain an adviser to the board until the end of the year. SNC also says that the board of... Read More

Canfor to curtail operations at all but one of its sawmills in British Columbia

Canfor to curtail operations at all but one of its sawmills in British Columbia
VANCOUVER — Canfor Corp. is curtailing operations at all of its British Columbia sawmills, except its WynnWood operations, due to poor lumber markets. The company says a majority of the mills will be curtailed for two weeks or the equivalent, with extended curtailments at select locations. Canfor’s operations at Houston and Plateau will be curtailed for four weeks, while its... Read More

FSC updates forestry standards targeting threatened species, Indigenous rights

FSC updates forestry standards targeting threatened species, Indigenous rights
TORONTO — The Forest Stewardship Council has launched a major update to its forestry standards that targets issues like threats to woodland caribou and the rights of Indigenous peoples. The FSC is one of the main organizations the industry uses to certify that its products meet a level of environmental, social and management standards. FSC Canada president Francois Dufresne says the update comes after extensive consultations... Read More

Judge rules SNC-Lavalin headed to trial on charges of fraud, corruption

Judge rules SNC-Lavalin headed to trial on charges of fraud, corruption
MONTREAL — A Quebec judge has ruled there is enough evidence to send SNC-Lavalin Group Inc. to trial on charges of fraud and corruption. The decision is the latest step in criminal proceedings that began last fall after the Montreal-based engineering and construction giant failed to secure a deferred prosecution agreement, a kind of plea deal that would have seen the firm agree to... Read More

Longshore workers issues strike notice for Monday at two Vancouver terminals

Longshore workers issues strike notice for Monday at two Vancouver terminals
VANCOUVER — Longshore workers have issued 72-hour strike notice that could see two Port of Vancouver container terminals behind picket lines by Monday. Jeff Scott, chair of the B.C. Maritime Employers Association, says they’ve been informed that Global Container Terminals in Delta and Vancouver could be behind picket lines on Monday morning. The dispute involves about 6,000 members of the International Longshore & Warehouse... Read More

British Steel collapses, threatening thousands of jobs

British Steel collapses, threatening thousands of jobs
LONDON — Britain’s Insolvency Service says British Steel has been ordered into compulsory liquidation after talks with the government failed to secure a bailout. The move threatens some 5,000 workers employed by the company, with another 20,000 jobs in the supply chain. The official receiver says in a statement Wednesday that the immediate priority is the safe operation of the... Read More