Investors skittish on lumber companies despite record prices

When it comes to investing in Canada’s timber and lumber sector, it sometimes can be hard to tell the forest from the trees.

Today, lumber prices are soaring, having peaked in early September at nearly US$955 per thousand board feet, a record high and about 82 per cent above the previous peak in 2018, according to Random Lengths, which looks at a basket of different varieties across North America.

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