5 days ago
Lumber Producer Remabec Cuts 1,000 Jobs in Quebec, Citing Tariffs
One of Canada's largest lumber producers, Groupe Rémabec, will temporarily lay off most of its workers as the industry faces rising US duties and weakening demand.
The manufacturing division, Arbec Forest Products Inc., is shutting down indefinitely, leading to more than 1,000 immediate job cuts. The number may reach 1,400 in the coming weeks, according to a company statement that blamed 'persistent imbalances in both access to the resource and international markets.'
