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Job losses mount as mill closures hit BC Interior – Business in Vancouver

September 12, 2019

Communities throughout the British Columbia Interior are facing an economic crisis as the combined effects of beetle epidemics, forest fires and external market forces take their toll on what was once North America’s most robust forest industry.

“We are in a crisis – we know things are broken,” said Joan Atkinson, mayor of the northern B.C. town of Mackenzie, where 600 sawmill workers, loggers, truck drivers and others have been sent home as a result of sawmill closures. Canfor (TSX:CFP) has closed its mill indefinitely and Conifex (TSX:CFF) has extended a temporary curtailment at its mill. At the end of July, the first downstream impact hit when Parallel 55, a value-added finger joint mill, shut down as it could no longer source trim end materials from the town’s sawmills.

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