Lunch_Box
Active VIP Member
Triple the price isn't going to make a difference?
The framing portion of a house build is roughly 15% of the the overall build allowance, so adds cost but nothing crazy.
Triple the price isn't going to make a difference?
Triple the price isn't going to make a difference?
Funny the government hasn't done something to moderate prices
you mean like with fuel?
They're closing mill like all the major forest companies in BC due to a lack of logs available to cut post pine beetle.Still Canfor can't make 2 cents, and keeps closing more mills. Just this summer closed Isle Pierre mill, just west of PG. Canfor needs to cut out the management team, and hire people who know how to run a company, instead of closing all their mills. They should be rolling in stacks of cash, if somebody there had a clue.
Demand is down for market pulp. Too many businesses shutdown and people working from home.How and the heck is pulp loosing money when the demand is through the roof on it?
You sound like a socialist.Funny the government hasn't done something to moderate prices
You really sound like a socialist if you want more gov't interference in a free market economy.thats cause the government is a bunch of useless idiots
Someone pizz in your corn flakes this morning? Just asked a question?They're closing mill like all the major forest companies in BC due to a lack of logs available to cut post pine beetle.
Demand is down for market pulp. Too many businesses shutdown and people working from home.
You sound like a socialist.
You really sound like a socialist if you want more gov't interference in a free market economy.
Everyone crying price gouging but otherwise enjoys the benefits of a capitalist economy. Were you crying when it was under $300/mfbm and mills were closing and the mill workers were overwhelming the small town foodbanks? Do you whine when the companies you work for make record profits or do you go buy a new sled with the bonus money?
I guess 300k would be fine fine for a pickup then. I have no problem with capitalism but I’m viewing this as gouging. Supply and demand sure, but when a price jumps 300% I have to wonder what market forces and manipulation are also in play. We know the corporations have to make x amount to stay functional.
Well you certainly told me now didn’t ya. Can I still come to your birthday party
Still Canfor can't make 2 cents, and keeps closing more mills. Just this summer closed Isle Pierre mill, just west of PG. Canfor needs to cut out the management team, and hire people who know how to run a company, instead of closing all their mills. They should be rolling in stacks of cash, if somebody there had a clue.
Isle Pierre didn't have any major capital injected into it in over a decade which is a lifetime in this industry. It absolutely was on the chopping block and it is a miracle and testament to that mill's workers and management team that it lasted as long as it did.IP has been on the chopping block for years, was only a matter of time. Mills are getting much more efficient, timber supply is going down faster than it can go up, fires devastating local supply and a reduction in allowable cut. All those factors something has to give so you drop the weakest link in your chain. Not saying canfor doesn't have some miss management but they also have some factors against them.
Isle Pierre didn't have any major capital injected into it in over a decade which is a lifetime in this industry. It absolutely was on the chopping block and it is a miracle and testament to that mill's workers and management team that it lasted as long as it did.
It's been curious to watch Houston go from a flagship to a dog and ultimately be overshadowed by what was its lesser cousin mill at Plateau.Its location didn't help much either, after they all but stopped their off hwy haul it was only a matter of time. I suspect Houston will be next if they aren't bought out in 2 years
I'm related to two former Isle Pierre employees, trust me when I say they are NOT stellar employees. I wouldn't hire either one to mow my lawn, they are lazy lazy lazy, and not the sharpest knife in the drawer.
What do you think is going to happen there? It's one of the only regions with good log supply left and I am a bit surprised they didn't fire the mill up at these record prices. Obviously it is no problem to sell the wood, Dunkley is always hungry as is PG Saw and I imagine Hampton's new mill in James will be too. That said they just made killer money last quarter and could easily float the cash to announce it as a permanent closure and pay everyone out. I am thinking they will rebuild it to run on a bit less volume. ~200-220 Mmfbm on 2 shifts. That leaves enough to keep some sales wood rolling. Canfor doesn't like selling logs or hauling them long distances.Sounds like 90% of the employee's at the mills shut down in Mackenzie.
Its not a wood supply problem there, Canfor sold over 500,000 M3 of cut and processed wood to Dunkleys after the closure