Key Statistics – Canfor and Canfor Pulp

Social

  • 6,331 total workforce
  • 1.68 medical incident rate (Canfor and Canfor Pulp combined)
  • $160 million planned capital investment (Canfor Southern Pine)
  • $83.1 million capital investments (Canfor Pulp)
  • $550,000 charitable donations
  • $53,000 in scholarships and bursaries

Environmental

  • 11.7 million cubic metres annual harvesting rights
  • 94.2% of forestlands certified
  • Products certified to all major certification standards (CSA, FSC®, SFI®)
  • Planted 67 million seedlings in 2017
  • 1 high significance incidents of reportable non-compliance per million cubic metres of delivered log volume
  • 0 moderate significance incidents of non-compliance per million cubic metres of delivered log volume 
  • 36 low significance incidents of non-compliance per million cubic metres of delivered log volume 
  • Canfor Pulp able to provide 100% of pulp under FSC-controlled wood standard
  • 1.17 million tonnes of PEFC-certified pulp 

Economic

  • $4.66 billion in sales (Canfor); $1.2 billion (Canfor Pulp)
  • $393.6 million net income (Canfor); $102.1 million (Canfor Pulp)
  • 6.1 billion board feet annual production capacity
  • 1.32 million tonnes pulp and paper [1]
  • 140,000 tonnes kraft paper
  • 951,347 MWh of biomass electrical production
  • 400,000 tonnes of industrial grade wood pellet production capacity
  • [1] 1.1 million tonnes kraft pulp and paper; 220,000 tonnes BCTM pulp

2017 - A Record Year

Canfor and Canfor Pulp set the following records in 2017:  

  • Medical incident rate - the lowest single-year company-wide MIR ever achieved for the second consecutive year
  • Sales revenue - record high for Canfor and Canfor Pulp
  • Operating income  - record high for Canfor (since 2004*) and Canfor Pulp
  • Consolidated net debt - record low for Canfor (since 2004) and Canfor Pulp
  • Net debt to capitalization - record low for Canfor (since 2010) and Canfor Pulp

* excluding the one-time duty recovery payment received in 2006.