Canfor to shutter Northwood pulp mill in Prince George

The company cited unsustainable financial losses as the primary driver behind the shutdown of the Prince George facility. With global pulp prices under constant downward pressure and access to essential fibre supplies remaining difficult, leadership concluded that no viable path forward exists for the operation. The mill is slated to begin a phased wind-down process, with final closure expected by the end of the fourth quarter.

This decision removes approximately 300,000 tonnes of Northern Bleached Softwood Kraft from the market annually. While the company expressed that the choice was difficult, the lack of a positive outlook for the sector left few alternatives to manage the pulp division's mounting fiscal strain.