Strong start, weak finish: Vida still posts profit

Vida, owned by Canadian Canfor, reported a positive result for 2025 despite a more difficult market in the second half of the year, according to the company. The year started well for both the sawmill industry and Vida, but conditions shifted during the summer, the company said. Weaker construction activity reduced demand for lumber, putting pressure on prices. At the same time, the raw material market tightened. According to Vida, uncertainty among forest owners limited log supply, while prices remained historically high, widening the gap between raw material costs and finished product prices. The company also noted ...