Conifex Timber Inc. Announces $30 Million Tariff Loan to Support 2027 Operational Restart
Conifex Timber Inc. (CFF:CA) has outlined a $30 million tariff loan designed to provide liquidity during its current period of inactivity. The financing structure is notable for its deferred principal repayment schedule, which does not require payments until September 2028. This capital is intended to support the company's strategic goal of restarting operations at its Mackenzie sawmill complex and power plant by January 2027. The company reported a challenging third quarter for 2026, characterized by a net loss of $7.9 million. During this period, Conifex did not operate its primary industrial assets, including the Mackenzie sawmill or its associated power plant. The successful execution of the restart plan remains critical to reversing recent financial losses and restoring operational cash flow.