Great Pacific Capital

Great Pacific Capital provides strength through solid portfolio management.

With its sound financial base, Great Pacific Capital provides strength and stability to the operations of The Jim Pattison Group. From its base of operations in Vancouver, and through its subsidiaries in Barbados and other countries, Great Pacific Capital engages in trading and financial activities on a global basis.

Through Great Pacific Insurance Management Ltd. and Great Pacific Bank Ltd., insurance, accounting, corporate secretary, tax and other services are provided to both independent customers and other divisions of The Jim Pattison Group.

Canfor Corporation

The Jim Pattison Group holds a significant long-term investment in Canfor Corporation (www.canfor.com), an integrated forest products company based in Vancouver, BC that employs, directly and through affiliated companies, 4,700 employees. Canfor’s goal is to be the preferred supplier of wood products to the global building industry, with a particular focus on North America and Asia. Canfor is the third largest global producer of lumber, with an annual production capacity, from mills located in BC, AB, QC and the United States, exceeding 5 billion board feet. Canfor produces other wood products, including OSB with an annual capacity of 800 million square feet and 210,000 tonnes of British Columbia Thermal Mechanical Pulp (or BCTMP). Canfor’s wood products are marketed globally from sales offices in Vancouver, BC; Myrtle Beach, SC; Tokyo, Japan; and Beijing, China.

Through Canfor Pulp Products Inc. (www.canforpulp.com), a 50.2% subsidiary, three mills located in the BC interior near Prince George have an annual production capacity of 140,000 tonnes of kraft paper and over one million tonnes of kraft pulp of which 90% is bleached to become northern bleached softwood kraft (or NBSK) pulp. Canfor Pulps products are sold globally from offices in Vancouver, BC; Brussels, Belgium; and Tokyo, Japan.

By the end of 2012, Canfor will have spent over $300 million on capital upgrades over a three year period to ensure that its mills are both low cost and capable of maximizing the extraction of high-margin products. while Canfor Pulp has spent more than $250 million over the past three years to preserve its mills’ low-cost position, implement quality improvements and reduce dependence on fossil fuels, while reducing greenhouse gas emissions.