Canfor announces asset write-down and impairment charge

Canfor Corporation announced a non-cash asset write-down and impairment charge of approximately $321 million for Q4 2025, with $215 million related to its lumber segment and $106 million to its pulp and paper segment. The lumber impairment is due to log supply pressures in Europe, while the pulp impairment reflects declines in global pulp prices. This charge does not impact Canfor's liquidity or operations. Additionally, Canfor is proposing to acquire the remaining shares of Canfor Pulp Products Inc. and will seek shareholder approval at a meeting on March 6, 2026.