CanWel earnings up in Q3

VANCOUVER — CanWel Bulding Materials’ Q3 revenues rose to $317 million, up 14.7% compared to the $276 million reported a year ago. The company said its strategic focus on product mix and target customer base paid off, offsetting the impact of B.C. wildfires on the forestry segment. Gross margin for the quarter was $41.6 million, compared to $35.1 million the same time last year, representing an increase of 18.5%.