Ken Shields: Playing the waiting game

Beset by collapsing U.S. demand for wood and chewed up by the voracious mountain pine beetle, the Canadian forestry business has never had it worse.

For Ken Shields, it couldn't be a better time to start a forestry company.

Mr. Shields' Conifex Inc. secured a foothold last Monday when the British Columbia Supreme Court approved the upstart firm's $13-million bid for a Fort St. James sawmill formerly owned by bankrupt Pope & Talbot Inc.