GreenFirst Announces Adjustments to Holiday Operating Schedule
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This section is Partnership Content suppliedThe content in this section is supplied by Business Wire for the purposes of distributing press releases on behalf of its clients. Postmedia has not reviewed the content. by Business Wire Article contentNORTH BAY, Ontario — GreenFirst Forest Products Inc. (TSX: GFP) (“GreenFirst” or the “Company”) today announced adjustments to its operating schedule in response to continued challenging market conditions in the softwood lumber sector.Sign In or Create an AccountEmail AddressContinueor View more offersArticle contentGiven current market conditions, GreenFirst will extend its holiday curtailment at three of its four sawmills — Hearst, Kapuskasing, and Cochrane — resulting in a three-week shutdown from December 22, 2025 to January 9, 2026.Article contentWe apologize, but this video has failed to load.Try refreshing your browser, ortap here to see other videos from our team.Article content“Softwood lumber markets remain under significant pressure, and extending our holiday curtailment is a prudent step to better align production with current demand,” said Joël Fournier, Chief Executive Officer of GreenFirst.Article contentArticle contentMarket conditions continue to be impacted by soft North American demand and the ongoing effect of approximately 45% combined duties and tariffs on Canadian softwood lumber. These pressures have led to curtailments across the industry as producers work to balance supply with demand.Article contentTop StoriesGet the latest headlines, breaking news and columns.There was an error, please provide a valid email address.Sign UpBy signing up you consent to receive the above newsletter from Postmedia Network Inc.Thanks for signing up!A welcome email is on its way. If you don't see it, please check your junk folder.The next issue of Top Stories will soon be in your inbox.We encountered an issue signing you up. Please try againInterested in more newsletters? Browse here.Article contentGreenFirst will continue to closely monitor market dynamics and will adjust production plans as necessary to support the long-term sustainability of its operations and the communities in which it operates.Article contentAbout GreenFirstArticle contentGreenFirst Forest Products is a forest-first business, focused on sustainable forest management and lumber production. The Company owns four sawmills located in rich wood baskets proudly operating over 6 million hectares of FSC® certified public Ontario forestlands (FSC®-C167905). The Company believes that responsible forest practices, coupled with the long-term green advantage of lumber, provides GreenFirst with significant cyclical and secular advantages in building products.Article contentArticle contentArticle contentArticle contentView source version on businesswire.com: Article content https://www.businesswire.com/news/home/20251219811613/en/Article contentArticle contentContactsArticle contentFor more information, please visit: www.greenfirst.ca or contact Investor Relations at (416) 775 2821#distroArticle contentTrending Opinion: The no-more-pipelines MOU FP Comment Tax Court overturns CRA decision to deny bitcoin loss writeoff Taxes When sinking property values raise red flags for borrowers Mortgages Posthaste: 2026 might prove perilous for Canadians who piled into variable mortgages this year, Desjardins warns News Philip Cross: The sad story of Justin Trudeau’s 'youthful idiots' FP Comment Share this article in your social networkCommentsYou must be logged in to join the discussion or read more comments.Create an AccountSign in Join the Conversation Postmedia is committed to maintaining a lively but civil forum for discussion. Please keep comments relevant and respectful. Comments may take up to an hour to appear on the site. You will receive an email if there is a reply to your comment, an update to a thread you follow or if a user you follow comments. Visit our Community Guidelines for more information. Opinion: The no-more-pipelines MOU FP Comment Tax Court overturns CRA decision to deny bitcoin loss writeoff Taxes When sinking property values raise red flags for borrowers Mortgages Posthaste: 2026 might prove perilous for Canadians who piled into variable mortgages this year, Desjardins warns News Philip Cross: The sad story of Justin Trudeau’s 'youthful idiots' FP Comment