Canfor Corporation

Canfor Corporation

April 21, 2009 20:00 ET

Canfor Announces Further Curtailments

VANCOUVER, BRITISH COLUMBIA--(Marketwire - April 21, 2009) - Canfor Corporation (TSX:CFP) announced today that due to the continued poor softwood lumber markets, it will be taking one week curtailments at six sawmills in British Columbia and Alberta. Commencing April 27, 2009, the operations at Rustad and Prince George sawmills will be curtailed, followed by Vavenby on May 4th, Grande Prairie on May 11th, and Quesnel and Houston beginning May 18th. This will remove approximately 32 million board feet of SPF lumber production. In addition, Canfor will also be taking summer shuts at all of its Canadian lumber operations, removing approximately 130 million board feet of lumber production in July and August.

Forward Looking Statements

Certain statements in this press release constitute "forward-looking statements" which involve known and unknown risks, uncertainties and other factors that may cause actual results to be materially different from any future results, performance or achievements expressed or implied by such statements. Words such as "expects", "anticipates", "intends", "projects", "plans", "will", "believes", "seeks", "estimates", "should", "may", "could", and variations of such words and similar expressions are intended to identify such forward-looking statements. These statements are based on management's current expectations and beliefs and actual events or results may differ materially. There are many factors that could cause such actual events or results expressed or implied by such forward-looking statements to differ materially from any future results expressed or implied by such statements. Forward-looking statements are based on current expectations and the Company assumes no obligation to update such information to reflect later events or developments, except as required by law.

Canfor is a leading integrated forest products company based in Vancouver, British Columbia (BC) with interests in BC, Alberta, Quebec, Washington state, and North and South Carolina. The Company produces the most softwood lumber in BC, while also producing oriented strand board (OSB), remanufactured lumber products and specialized wood products. Canfor also owns a 50.2% interest in Canfor Pulp Limited Partnership, which is one of the largest producers of northern softwood kraft pulp in Canada and a leading producer of high performance kraft paper. Canfor shares are traded on the Toronto Stock Exchange under the symbol CFP.

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