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Canfor Corporation: Transfer of Englewood Logging Division and TFL 37 Complete.


VANCOUVER, British Columbia -- Canfor Corporation (TSX:CFP 1. CFP - Constraint Functional Programming.
2. CFP - Communicating Functional Processes.
3. CFP - Call For Papers (for a conference).
) announced today that, following the receipt of regulatory clearance under the federal Competition Act and by the British Columbia Ministry of Forests, and further to its news release of December 15, 2005, the transfer of its Englewood Logging Operation on Northern Vancouver Island, including Tree Farm License (TFL TFL,
n tensor fascia lata; a muscle that originates from the anterior superior iliac spine and anterior portion of the iliac crest. Its primary functions include flexing and abducting the thigh.
) 37 from a fibre partnership jointly owned by Canfor and Oji Paper Canada Ltd. to Western Forest Products has completed. In return, Howe Sound Pulp and Paper receives a long-term fibre supply from Western Forest Products. The restructuring of Howe Sound's long term debt with its lenders is in progress.

Canfor Corporation is a leading Canadian integrated forest products company based in Vancouver, British Columbia. The Company has extensive woodlands operations and manufacturing facilities in British Columbia, Alberta, Quebec, Washington State and its New South Division in North and South Carolina. Canfor is a major producer and supplier of SPF (1) (Stateful Packet Firewall) See stateful inspection.

(2) (Sender Policy Framework) An e-mail authentication system that verifies that the message came from an authorized mail server.
 and SYP SYP

In currencies, this is the abbreviation for the Syrian Pound.

Notes:
The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion.
 lumber, bleached kraft pulp, specialty kraft paper, plywood and oriented strand board Oriented strand board, or OSB, or waferboard, or Sterling board (UK), is an engineered wood product formed by layering strands (flakes) of wood in specific orientations.  (OSB) for markets around the world.

Canfor Corporation (TSX:CFP)
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Publication:Business Wire
Geographic Code:1CANA
Date:Mar 17, 2006
Words:179
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