When Canfor Corp. president Don Kayne talks to customers, whether in the United States or in China, they all ask the same question: who has the fibre to supply them with lumber in the future?
Customers follow the news. They have seen the annual timber harvest in British Columbia reduced because of the mountain pine beetle infestation. They know the B.C. government is considering controversial measures such as logging in forest reserves to keep mills supplied with timber. It raises questions about B.C.’s ability to supply global markets in the years ahead.
“Who has the fibre. That’s what they are asking now,” Kayne said in an interview at the company’s Marpole head office.