West Fraser Timber reports loss in Q4 as interest rates weigh on U.S. construction - BNN Bloomberg

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West Fraser Timber reports loss in Q4 as interest rates weigh on U.S. construction - BNN Bloomberg
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West Fraser Timber Co. Ltd. says it saw losses of US$94 million in the fourth quarter of 2022, down more than 128 per cent from earnings of US$334 million during the same quarter a year earlier.

U.S. officials float even higher rates after brisk inflation dataU.S.

Fed officials float even higher rates after brisk inflation dataHigher interest rates pinch consumers, bolstering Bank of Canada pauseThe Daily Chase: Millennials grapple with insolvencies; Markets point to flat openUnlikely that central banks will cut rates this year: Mark CarneyWATCH: Exclusive interview with former BoC governor Mark CarneyThe Daily Chase: Canada adds 150,000 jobs in January; Magna misses Q4 estimatesReport urges windfall tax to recover CEWS funds from large corporationsTSX...

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