Canfor Corporation is a Canadian integrated forest products company based in Vancouver, British Columbia.
History
The company traces its roots to the late 1930s when brothers-in-law John G. Prentice and L.L.G. "Poldi" Bentley and their families left their native Austria just before the outbreak of World War II. They settled in Vancouver and built a small mill that was the beginning of the more than 75-year-old company.
In 2006, the company was subject to a proxy fight between billionaires Jim Pattison and Stephen A. Jarislowsky, who owned 30% and 18% of the firm's shares, respectively. Pattison won and ousted CEO Jim Shepherd over Canfor's poor performance and declining share price, which saw Jim Pattison appointed interim CEO.[1]
Canfor's operating loss through Q2, 2025 has culminated to approximately $233.8 million dollars.[2] The company's share price on August 4th, 2025 sits at a 5 year low. [3]