Domtar is getting ready to release their third quarter financial results at the end of the month. Their stock is valued at close to $43 U.S. a share.
Weyerhaeuser will also release their third quarter results this month, on Oct. 27, and their share is trading at about $34 U.S. on the New York exchange.
Softwood prices have been on the rise, at just over $600 per thousand board feet.
The Ontario Forest Industry Association anticipates more recovery in the sector, after the last recession.
According to Natural Resources Canada, the forest industry contributed just under $20 billion to the country's gross domestic product, or about 1.25 per cent.
Value of forestry sector (revenue from sales): $15.5 billion (2017)
pulp and paper - $6.7 billion (2013)
sawmill, engineered wood and other wood product - $3.4 billion (2013)
furniture/kitchen cabinet manufacturing - $1.8 billion (2013)
Industry employees: 57,000 (2017); approximately 172,000 direct and indirect jobs (2017)
Forest product exports: $5.2 billion (2014)
Crown charge payments by the forest industry (2016): $97.7 million (includes $64.6 million in forestry trust fund payments)
Forest Resource or Sustainable Forest Licences issued to harvest forest resources for the 2014-15 fiscal year: 3,588