CPABC Career Connect Employer Profile
Connecting with CPABC:
A Q&A with Grace Kuo, CPA, CA,
director of treasury with Canfor
O
ne of the world’s largest producers of sustainable
lumber, pulp, and paper, Canfor is a leader in the
forest products industry. Its products include highquality dimension lumber, value-added wood products,
top-quality pulp and paper, wood pellets, and green
energy. The corporation has two publicly listed companies
– Canfor Corporation (CFP) and Canfor Pulp Products Inc.
(CFX), of which Canfor owns a majority interest, both of
which are traded on the Toronto Stock Exchange.
Green energy is a growing product for the company, with
Canfor Pulp, one of the largest North American producers
of bioenergy, operating large-scale bio-refineries. Long
term, the company hopes to become energy self-sufficient
and it currently exports renewable electricity to the
Alberta and BC grid. Today, the company generates 895
million kwh of electricity a year, equal to the annual power
needs of a city the size of Prince George.
Now with over 5,000 employees worldwide, Canfor’s
beginnings were modest. In the late 1930s, brothers-inlaw John Prentice and Poldi Bentley left Austria for BC to
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