Re: Fw: Fw: Re: Re: Lumber politics

[Bill Rosenberg <w.rosenberg@xxxxxxxxxxxxxxxxxxx>]

Ken Hanly wrote:

> >           Here in Saskatchewan, we have gone from having an industry mainly
> > locally controlled and owned to a system where 85% of the industry is
> > controlled by Weyerhauser. And given Weyerhaueser's takeover of Mac Blo,
> > and the arrival of the gian New Zealand corporation (I can't think of the
> > name right now), I would suspect that even in B.C. there is a general trend
> > to increased foreign ownership of the industry. That would be consistent
> > with the reversal of trends since the free trade agreements, and a return
> > to increasing foreign ownership of industry in Canada in general.

The New Zealand corporation was presumably Fletcher Challenge. It has now
committed harikiri and sold most of its divisions off. The Canadian subsidiary
(half owned) was part of Fletcher Paper, sold to Norske Skog (Norway). All that
remains of Fletcher Challenge now is Fletcher Challenge Forests.

Bill Rosenberg

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