Canfor to Shut Down Canal Flats Sawmill
Canal Flats, B.C.- It came as a shock to employees and the Village of Canal Flats, as Canfor has announced it will permanently close its sawmill in that community.
The company expects the closure to take effect November 9th. In a media release ,Canfor President Don Kayne says the decision is a result of “A lack of economically available fibre supply for our Canal Flats operation, combined with depressed market conditions in the oil and gas and lumber markets that it serves, have brought operating losses we can no longer sustain.”
It is estimated the closure will impact about 80 employees.
Canal Flats is located about halfway between Cranbrook and Invermere on the southern edge of Columbia Lake. Canal Flats has a population of about 700, and the sawmill is the largest employer in the community.
“We recognize this decision will be difficult for our employees and the community of Canal Flats, and we are committed to doing what we can to ease that transition” said Kayne. All employees impacted by the closure will be offered opportunities to transfer to other divisions of Canfor.