The Royal Bank of Canada (RBC) will receive more than $530,000, the final proceeds that bankrupt Scanwood received from IKEA for its final batch of wood dressers.

2011 proved to be another economically challenging year for most North American wood products companies, but boring it was not.

DARTMOUTH, NOVA SCOTIA -- The Scanwood furniture saga is coming to a fateful end.

DARTMOUTH, NOVA SCOTIA -- Homag Canada's request to repossess approximately $1.1 million at the failed Scanwood Canada Ltd. factory, which supplied ready-to-assemble furniture to IKEA, was rejected by the Supreme Court of Nova Scotia.