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West Fraser Timber Co Ltd
Symbol WFT
Shares Issued 75,883,759
Close 2017-05-05 C$ 60.58
Market Cap C$ 4,597,038,120
Recent Sedar Documents

Globe says Canfor, rivals watch Clark hang tough

2017-05-08 08:44 ET - In the News

See In the News (C-CFP) Canfor Corp

The Globe and Mail reports in its Monday, May 8, edition that BC Liberal Christy Clark is seizing on U.S. criticism of her retaliatory trade threats to pressure for a softwood deal as a validation of her tactics. The Globe's Justine Hunter and Ian Bailey write that Ms. Clark said Sunday: "With our ban on moving thermal coal, we have got the Americans' attention. We aren't going to be weaklings." Ms. Clark was responding to a weekend statement from U.S. Commerce Secretary Wilbur Ross. Mr. Ross said the Trump administration will not yield to pressure from the Canadian government -- including British Columbia's proposal to ban thermal-coal shipments through the province. He called such tactics "inappropriate." Ms. Clark lobbed the term back: "Everything [the Americans] have done with regard to softwood has been utterly inappropriate. It looks like we finally got their attention [after] four years of trying to negotiate a deal with an administration that just wasn't interested in getting a deal." Ms. Clark asked the federal government to ban thermal-coal shipments after the U.S. slapped punitive tariffs on Canadian softwood. Prime Minister Justin Trudeau has said he would give her ban consideration.

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