West Fraser releases first quarter results

West Fraser Timber is reporting a first-quarter loss of $133 million on sales of $1.334 billion. 

The company says in a news release that it saw better prices over the first three months of the year. 

It says that the affordability of houses is what it calls “a key constraint” and that the war in the Middle East has pushed interest rates back over six per cent. 

West Fraser owns the OSB plant located along Highway 40 south of Grande Prairie.