03:06:51 EST Sat 07 Feb 2026
Enter Symbol
or Name
USA
CA



West Fraser Timber Co Ltd
Symbol WFG
Shares Issued 76,147,273
Close 2025-11-25 C$ 85.65
Market Cap C$ 6,522,013,932
Recent Sedar+ Documents

Globe says Interfor, rivals hear fed loan program slow

2025-11-26 07:26 ET - In the News

See In the News (C-IFP) Interfor Corp

The Globe and Mail reports in its Wednesday, Nov. 26, edition that Canada's banks have informed Natural Resources Minister Tim Hodgson that loans for struggling softwood lumber companies will be available soon, but noted that gaps in Ottawa's support program may exclude some from tariff assistance. The Globe's Stefanie Marotta and Brent Jang write that Mr. Hodgson met with senior banking executives on Monday to expedite Ottawa's $700-million loan package for the softwood lumber industry, which warns that without quicker financial support amid escalating U.S. trade tensions, businesses risk closure. Prime Minister Mark Carney pledged support for the industry in early August, including programs to diversify and expand trade of Canadian wood products abroad. In mid-October the Business Development Bank of Canada rolled out the loan package and lenders started accepting applications. The industry, however, is sounding alarm bells that businesses have yet to receive the loans. Sources say the concerns prompted the minister to speak with lenders about the urgent need to distribute loans. Sources say Ottawa is planning on announcing further assistance for the softwood lumber sector by the end of the week.

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