Western Forest Products Sells Stillwater Forest Operation to Tla'amin First Nation

04:59 PM EST, 11/03/2026 (MT Newswires) -- Western Forest Products (WEF.TO) on Tuesday sad it sold its Stillwater Forest Operation in British Columbia to Qwoqwnes Forestry Holdings, which is owned by Tla'amin Nation, for CA$80 million. Qwoqwnes will supply fiber to Western Forest Products under a long-term supply agreement, a statement said. Qwoqwnes Forestry will manage an allowable annual cut of 469,200 cubic meters of timber from 154,000 hectares of forest land, most of which is located in the nation's traditional territory. Western Forest Products shares closed up CA$0.44, to CA$15.32, on the Toronto Stock Exchange.