softwood lumber prices

Canadian News

Video: Canadian wood producer stocks soar on record lumber prices

TORONTO, Ontario -- Spurred by historically high lumber and wood panels product prices, Canfor, CanWel, Interfor, Norbord and West Fraser each achieved record-high 52-week average stock prices Wednesday on the Toronto Stock Exchange. The surge in enhanced stock performance follows moves taken by each of the publicly-traded wood product companies to increase production following weeks of varying degrees of curtailment due to the COVID-19 pandemic.

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Are Lumber Prices Too High?

Just when it looks like business is starting to pick up, softwood lumber is going up faster than any other commodity out there. And hardwood lumber is starting to pick up steam as well.