BC strike & resulting liquidations?

[Hallback]

I got word Friday that a few of the key players in the BC forest products industry are going to liquidate assets after the first of the year. I hope not for you guys but has anyone else heard about this?

 

[Hallback]

Anyone?

 

[Plebeian]

Any update on this?
https://www.cbc.ca/news/canada/brit...y-strike-prepare-for-hard-christmas-1.5404198

Non/related to the above?
https://www.pwc.com/ca/en/services/insolvency-assignments/errington-cedar-products-limited.html (november , 2019)
https://www.woodbusiness.ca/errington-cedar-products-sawmill-closes-on-vancouver-island/

 

[John C.]

I don't know about Canada but was told the company up in Icy Bay in Alaska just shut down and is moving all their equipment out. I hear the tariffs are killing the markets.

 

[Hallback]

That's Evergreen if I remember correctly.

 

[John C.]

I heard SeaAlaska.

 

[Hallback]

That's who Evergreen works for up there.

 

[John C.]

Thanks for the info.

 

[Tugger2]

Sounds like the strike has ended.

 

[Plebeian]

Is the mill playing their own game too?

https://vancouverisland.ctvnews.ca/...-30-day-closure-due-to-lack-of-wood-1.4812984