With raging wildfires forcing the closure of several major Canadian lumber mills, analysts expect wood prices to rise as much as 6 percent.

As wildfires continue to rage across British Columbia, several big Canadian lumber mills have been forced to temporarily close.

Tolko Industries Ltd. has restarted its oriented strand board mill, located near High Prairie, Alberta.

Tolko announced recent changes to the Canadian forest products company's executive team.

CCEMC Corp. announced $15 million in funding for three renewable energy products in Northern Alberta that will convert wood waste from Tolko's sawmill to Pyrolysis oil.

EDMONTON, AB -- Tolko has brought back 260 employees to its plywood mills as market conditions haveimproved, and names new VPs for sales and for the environment.

VERNON, BC -- Tolko Industries Ltd. announced that its Kelowna, BC, veneer operation, closed since January 2007, will not be reopened.