Canfor Donates $100,000 to Canadian Red Cross to Support British Columbia Fire Relief

Today Canfor Corporation (“the Company” or “Canfor”) announced it has provided $100,000 to the Canadian Red Cross’ British Columbia Fires Appeal to support their response efforts.

“As a forestry company headquartered in BC, we are committed to supporting our communities, our workers, their families and their neighbours. With so many people facing a difficult time, we are pleased to be able to make this donation to support the tremendous work of the Canadian Red Cross,” said Don Kayne, President and CEO. “On behalf of Canfor, I want to say thank you to the firefighters, first responders, volunteers and individuals who are working tirelessly to keep people safe.”

The 2021 forest fire season has impacted tens of thousands of British Columbians in communities across the province. The donation will be used to support immediate relief efforts for families and help with long-term recovery and preparedness for future events.

The contribution is part of the Company’s Good Things Come From Trees program which provides support to organizations that provide benefits to the communities where Canfor operates and our employees live.

British Columbians whose primary residence has been severely affected by wildfires or who have been displaced under an evacuation order for 10 consecutive days or more may be eligible for direct financial assistance. The first step in accessing support is to register with the Canadian Red Cross by calling 1-800-863-6582 from 8 am to 8 pm (Pacific Time).

About Canfor Corporation

Canfor is a leading integrated forest products company based in Vancouver, British Columbia (“BC”) with interests in BC, Alberta, North and South Carolina, Alabama, Georgia, Mississippi, Arkansas and Louisiana, as well as in Sweden with 70% interest in Vida Group. Canfor produces primarily softwood lumber and also owns a 54.8% interest in Canfor Pulp Products Inc., which is one of the largest global producers of market Northern Bleached Softwood Kraft Pulp and a leading producer of high performance kraft paper. Canfor shares are traded on The Toronto Stock Exchange under the symbol CFP. For more information visit canfor.com.

Contact:

Pat Elliott – Vice President Corporate Finance & Strategy – Patrick.Elliot@canfor.com – (604) 661-5441

Source: Canfor Corporation