Canfor is reporting a $66.1-million profit for the first quarter of this year.
That is more than double the $26-million profit recorded over the same time in 2016 and way up from the $38-million reported in the final quarter of last year.
Canfor says lumber demand was strong because of good housing start numbers in Canada and the US. The company adds demand from places like Japan and China has also improved.
Canfor was hit with a 20.26-percent duty by the US’s Department of Commerce on Monday as part of the softwood lumber dispute.