The Rising Influence of Rising Affluence

[DewDiligence]

PCL—their harvest volume will grow substantially in the future.

Yes, indeed. Even before the recent land acquisition from MeadWestvaco, PCL was projecting that harvest volumes would increase by 15% during the next five years or so. This is the natural result of undercutting during the recession years, which left more timber on the ground to continue growing.