Resolute Forest Products has recorded an overall loss in the Q1 of this year and even had to permanently shut down one of its newsprint machines in the US. Yet, the company is positive when it comes to their Northwestern Ontario lumber and paper mills.
Richard Garneau, Resolute Forest Products president, stated that even if the Canadian dollar increases, the operations at the company’s Thunder Bay pulp and newsprint plant will remain competitive. The weak loonie reached back under 80 cents US this wee
Resolute remains competitive despite overall losses
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