PWC: Canadian Paper Firms' Earnings
The 2012 second quarter net earnings reports
for the Canadian forest and paper companies show a distinct quarter to quarter
change in fortunes between the Western and Eastern based companies. The lumber
and solid wood segment of the industry is experiencing slow but steady
improvements, based primarily on the gradually improving US housing market.
Northern Bleached Softwood Pulp (NSBK) prices continued to decline from the
record highs reached in Q2 2011.