Canadian Forest Products
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Canadian Forest Products
Canfor Corporation is an integrated forest products company based in Vancouver, British Columbia. History The company traces its roots to the late 1930s when brothers-in-law John G. Prentice and L.L.G. "Poldi" Bentley (surname changed from Bloch-Bauer of the famous Bloch-Bauer family of Vienna, Austria) and their families left their native Austria just before the outbreak of World War II. They settled in Vancouver and built a small mill that was the beginning of the more than 75-year-old company. In 2006, the company was subject to a proxy fight between billionaires Jim Pattison and Stephen A. Jarislowsky, who owned 30% and 18% of the firm's shares, respectively. Pattison won and ousted CEO Jim Shepherd over Canfor's poor performance and declining share price, which saw Jim Pattison appointed interim CEO. Current status Poldi Bentley's son Peter Bentley (1930-2021) was the Chairman Emeritus of the Board of Directors. Canfor produces softwood lumber, specialty wood products, an ...
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Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc), i ...
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Softwood
file:Pinus sylvestris wood ray section 1 beentree.jpg, Scots Pine, a typical and well-known softwood Softwood is wood from gymnosperm trees such as conifers. The term is opposed to hardwood, which is the wood from angiosperm trees. The main differences between hardwoods and softwoods is that the structure of hardwoods lack resin canals, whereas softwoods lack pores (though not all softwoods have resin canals). Characteristics Softwood is wood from gymnosperm trees such as pines and spruces. Softwoods are not necessarily softer than hardwoods. In both groups there is an enormous variation in actual wood hardness, the range of density in hardwoods completely including that of softwoods. Some hardwoods (e.g. balsa) are softer than most softwoods, while the hardest hardwoods are much harder than any softwood. The woods of longleaf pine, Douglas fir, and Taxus, yew are much harder in the mechanical sense than several hardwoods. Softwoods are generally most used by the construction ...
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Companies Based In Vancouver
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ...
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Forest Products Association Of Canada
The Forest Products Association of Canada (FPAC) is a trade association which represents Canada's wood, pulp and paper producers both nationally and internationally in government, trade, and environmental affairs. Canada's forest products industry is an $80 billion a year industry that represents 2% of Canada's GDP. History Founded in 1913, the ''Canadian Pulp and Paper Association'' changed its name to the ''Forest Products Association of Canada'' in February 2001. In May 2010, under the leadership of then President Avrim Lazar, FPAC successfully helped to negotiate The Canadian Boreal Forest Agreement, with several large ENGOs. The first independent audit of the CBFA in 2011 revealed a lack of progress in achieving formal milestones and in 2017 the long-term survival of the agreement was put into question. Description The forest industry is one of Canada's largest employers, operating in hundreds of Canadian communities and providing nearly 900,000 direct and indirect job ...
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Western Forest Products
Western Forest Products Inc. is a Canadian lumber company based in Vancouver, British Columbia, Canada. History Following its initial acquisition of the assets of Doman in 2004, the Company undertook a series of restructuring activities including the closure of its Silvertree sawmill in 2005, the exit from the pulp business in early 2006 and ceasing operations at the Duke Point log merchandiser, which was used primarily to supply whole log wood chips to the Company's former Squamish pulp mill. These properties have since been sold or are in the process of being sold (see "Significant Developments Since January 2010" below on the conditional sale of the Squamish site). Western subsequently expanded its forest operations through two acquisitions. On March 17, 2006, the Company purchased the Englewood Logging Division ("Englewood"), consisting of Tree Farm Licence ("TFL") 37 on Vancouver Island and certain related assets for $45.0 million plus the value of certain log inventories. O ...
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Vancouver Island
Vancouver Island is an island in the northeastern Pacific Ocean and part of the Canadian Provinces and territories of Canada, province of British Columbia. The island is in length, in width at its widest point, and in total area, while are of land. The island is the largest by area and the most populous along the west coasts of the Americas. The southern part of Vancouver Island and some of the nearby Gulf Islands are the only parts of British Columbia or Western Canada to lie south of the 49th parallel north, 49th parallel. This area has one of the warmest climates in Canada, and since the mid-1990s has been mild enough in a few areas to grow Mediterranean Sea, Mediterranean crops such as olives and lemons. The population of Vancouver Island was 864,864 as of 2021. Nearly half of that population (~400,000) live in the metropolitan area of Greater Victoria, the capital city of British Columbia. Other notable cities and towns on Vancouver Island include Nanaimo, Port Alberni, ...
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Englewood Railway
Englewood Railway was a logging railroad on northern Vancouver Island, Canada. Headquartered in Woss, British Columbia, the line ran from Vernon Lake, through Woss, and past Nimpkish Lake Provincial Park to Beaver Cove. It was the last operating logging railroad in North America. After 100 years of use, railway operations ceased on November 7, 2017, following a deadly derailment in April of that year. History The demand for wood products during the First World War led to the construction of a pulp mill, sawmill, shingle mill and community at Beaver Cove by ''Beaver Cove Lumber & Pulp Limited'' in 1917, which in turn brought about large-scale railway logging operations in the lower Nimpkish Valley. The active logging company was ''Wood & English'' (owned by the ''Nimpkish Timber Company'') which established a logging camp ('Camp 8', later 'Nimpkish') and logging railway at the head of Nimpkish Lake. The logs cut from this area were hauled by an isolated logging railway, dumped ...
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Kraft Paper
Kraft paper or kraft is paper or paperboard (cardboard) produced from chemical pulp produced in the kraft process. Sack kraft paper (or just sack paper) is a porous kraft paper with high elasticity and high tear resistance, designed for packaging products with high demands for strength and durability. Pulp produced by the kraft process is stronger than that made by other pulping processes; acidic sulfite processes degrade cellulose more, leading to weaker fibers, and mechanical pulping processes leave most of the lignin with the fibers, whereas kraft pulping removes most of the lignin present originally in the wood. Low lignin is important to the resulting strength of the paper, as the hydrophobic nature of lignin interferes with the formation of the hydrogen bonds between cellulose (and hemicellulose) in the fibers. Kraft pulp is darker than other wood pulps, but it can be bleached to make very white pulp. Fully bleached kraft pulp is used to make high quality paper where s ...
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Kraft Pulp
Kraft paper or kraft is paper or paperboard (cardboard) produced from chemical pulp produced in the kraft process. Sack kraft paper (or just sack paper) is a porous kraft paper with high elasticity and high tear resistance, designed for packaging products with high demands for strength and durability. Pulp produced by the kraft process is stronger than that made by other pulping processes; acidic sulfite processes degrade cellulose more, leading to weaker fibers, and mechanical pulping processes leave most of the lignin with the fibers, whereas kraft pulping removes most of the lignin present originally in the wood. Low lignin is important to the resulting strength of the paper, as the hydrophobic nature of lignin interferes with the formation of the hydrogen bonds between cellulose (and hemicellulose) in the fibers. Kraft pulp is darker than other wood pulps, but it can be bleached to make very white pulp. Fully bleached kraft pulp is used to make high quality paper where st ...
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Engineered Wood Products
Engineered wood, also called mass timber, composite wood, man-made wood, or manufactured board, includes a range of derivative wood products which are manufactured by binding or fixing the strands, particles, fibres, or veneers or boards of wood, together with adhesives, or other methods of fixation to form composite material. The panels vary in size but can range upwards of and in the case of cross-laminated timber (CLT) can be of any thickness from a few inches to or more. These products are engineered to precise design specifications, which are tested to meet national or international standards and provide uniformity and predictability in their structural performance. Engineered wood products are used in a variety of applications, from home construction to commercial buildings to industrial products.
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Peter Bentley (businessman)
Peter John Gerald Bentley, (1930 – 6 September 2021) was a Canadian businessman and the third Chancellor of the University of Northern British Columbia. Early life and education Bentley was born in Vienna, Austria to a Jewish family, the son of Leopold Lionel Bloch-Bauer and Antoinette Ruth Pick.New York Times: "For Betrayal by Swiss Bank and Nazis, $21 Million" By WILLIAM GLABERSON
14 April 2005
His aunt was , and his great-aunt was Adele Bloch-Bauer, of the Portrait of Adele Bloch-Baue ...
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S&P/TSX Composite Index
The S&P/TSX Composite Index is the benchmark Canadian index, representing roughly 70% of the total market capitalization on the Toronto Stock Exchange (TSX) with about 250 companies included in it. The Toronto Stock Exchange is made up of over 1,500 companies. It replaces the earlier TSE 300 index. On November 12, 2021 the S&P/TSX Composite Index reached an all-time closing high of 21,768.53. The intraday record high was made on November 16, 2021 at 21,796.16. Eligibility To be eligible for inclusion in the Composite Index: * Market capitalization: For eligibility any security must represent a minimum weight of 0.05% of the index. Moreover, the security must have a minimum weighted average price of at least C$1 over the past three months and over the last three trading days of the month-end prior to the exchange reviewing the index. * Liquidity: The trading volume in terms of dollar value and the number of transactions must exceed at least 0.025% of the sum of all eligible se ...
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