Teal-Jones shuts down logging operations in Coastal BC [From the web]

SURREY, BC, Sept. 11, 2019 (CBC) -The latest shutdown announcement from a wood products firm in British Columbia threatens the jobs of 800 employees in what the province's forests minister concedes is an industry "correction."

Teal-Jones Group vice-president Gerrie Kotze said Tuesday 300 logging contractors on Vancouver Island and the Fraser Valley are out of work immediately and 500 people employed at the company's two lumber, shake and shingle mills in Surrey will likely be out of work in a matter of weeks as timber supplies run out.

In the last few months, B.C. forest companies, citing low lumber prices, high operating ...

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