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Canfor Corporation

Posted on December 14, 2020December 14, 2020

Canfor Corporation is an integrated forest products company based in Vancouver, British Columbia.

The company traces its roots to the late 1930s, when brothers-in-law John G. Prentice and L.L.G. “Poldi” Bentley (surname changed from Bloch-Bauer of the famous Bloch-Bauer family of Vienna, Austria) 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 as interim CEO.

Traded as:           TSX: CFP; S&P/TSX Composite Component

Industry:              Forest Products

Founded:            Vancouver, British Columbia, Canada

Headquarters:   Vancouver, British Columbia, Canada

Products:             Forest products

Website:              www.canfor.com

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