{"id":598505,"date":"2025-10-16T19:40:55","date_gmt":"2025-10-17T02:40:55","guid":{"rendered":"https:\/\/nai500.com\/blog\/2025\/10\/a-45-wall-how-can-canadian-lumber-stocks-survive-new-trump-tariffs\/"},"modified":"2025-10-16T19:41:15","modified_gmt":"2025-10-17T02:41:15","slug":"%e7%89%b9%e6%9c%97%e6%99%ae%e6%96%b0%e4%b8%80%e8%bd%ae%e6%9c%a8%e6%9d%90%e5%85%b3%e7%a8%8e%e9%87%8d%e5%87%bb%e5%8a%a0%e6%8b%bf%e5%a4%a7%e6%9e%97%e4%b8%9a%e8%82%a1","status":"publish","type":"post","link":"https:\/\/nai500.com\/zh-hans\/blog\/2025\/10\/%e7%89%b9%e6%9c%97%e6%99%ae%e6%96%b0%e4%b8%80%e8%bd%ae%e6%9c%a8%e6%9d%90%e5%85%b3%e7%a8%8e%e9%87%8d%e5%87%bb%e5%8a%a0%e6%8b%bf%e5%a4%a7%e6%9e%97%e4%b8%9a%e8%82%a1\/","title":{"rendered":"\u7279\u6717\u666e\u65b0\u4e00\u8f6e\u6728\u6750\u5173\u7a0e\u91cd\u51fb\u52a0\u62ff\u5927\u6797\u4e1a\u80a1"},"content":{"rendered":"<p>\u4e00\u8bb0\u6765\u81ea\u534e\u76db\u987f\u7684\u5173\u7a0e\u91cd\u9524\uff0c\u8ba9\u52a0\u62ff\u5927\u6797\u4e1a\u611f\u53d7\u5230\u523a\u9aa8\u5bd2\u610f\u3002\u672c\u5468\uff0c\u7f8e\u56fd\u7279\u6717\u666e\u653f\u5e9c\u5ba3\u5e03\u5bf9\u8fdb\u53e3\u8f6f\u6728\u52a0\u5f8110%\u5173\u7a0e\uff0c\u6b64\u4e3e\u4f7f\u5f97\u52a0\u62ff\u5927\u6728\u6750\u51fa\u53e3\u81f3\u7f8e\u56fd\u7684\u603b\u4f53\u5173\u7a0e\u58c1\u5792\u8fbe\u5230\u4e86\u60ca\u4eba\u768445%\u3002\u8fd9\u4e0d\u4ec5\u5c06\u76f4\u63a5\u51b2\u51fb\u52a0\u62ff\u5927\u6797\u4e1a\u5de8\u5934\u7684\u5229\u6da6\u4e0e\u7ade\u4e89\u529b\uff0c\u540c\u65f6\u8fd9\u573a\u8d38\u6613\u98ce\u66b4\u7684\u51b2\u51fb\u6ce2\u4e5f\u63a8\u9ad8\u7f8e\u56fd\u672c\u571f\u7684\u5efa\u7b51\u6210\u672c\uff0c\u4e3a\u7f8e\u52a0\u4e24\u56fd\u7684\u8d44\u6e90\u5e02\u573a\u5e26\u6765\u65b0\u4e00\u8f6e\u7684\u6ce2\u52a8\u4e0e\u4e0d\u786e\u5b9a\u6027\u3002<\/p>\n<p>\u9762\u5bf9\u5982\u6b64\u4e25\u5cfb\u7684\u6311\u6218\uff0c\u52a0\u62ff\u5927\u6797\u4e1a\u4e0e\u8d44\u672c\u5e02\u573a\u5c06\u4f55\u53bb\u4f55\u4ece\uff1f<\/p>\n<p>\u5206\u6790\u6307\u51fa\uff0c\u9ad8\u989d\u5173\u7a0e\u5c06\u5927\u5e45\u63d0\u5347\u52a0\u62ff\u5927\u751f\u4ea7\u5546\u7684\u51fa\u53e3\u6210\u672c\uff0c\u524a\u5f31\u5728\u7f8e\u56fd\u5e02\u573a\u7684\u4ef7\u683c\u7ade\u4e89\u529b\u3002<a href=\"https:\/\/nai500.com\/zh-hans\/%e8%82%a1%e7%a5%a8%e6%9f%a5%e8%af%a2\/?qm_symbol=WFG%3ACA\">West Fraser Timber (TSX:WFG) <\/a>\u3001Stella-Jones (TSX:SJ) \u4ee5\u53caCanfor\u7b49\u52a0\u62ff\u5927\u6797\u4e1a\u5de8\u5934\u9996\u5f53\u5176\u51b2\u3002\u6210\u672c\u4e0a\u5347\u53ca\u7ade\u4e89\u529b\u51cf\u5f31\u9884\u8ba1\u5c06\u8feb\u4f7f\u52a0\u62ff\u5927\u5382\u5546\u524a\u51cf\u4ea7\u91cf\uff0c\u4f9d\u8d56\u6797\u4e1a\u7684\u793e\u533a\u5c31\u4e1a\u5c97\u4f4d\u9762\u4e34\u5a01\u80c1\u3002\u540c\u65f6\uff0c\u6574\u4e2a\u52a0\u62ff\u5927\u8d44\u6e90\u5e02\u573a\u7684\u6ce2\u52a8\u6027\u4e0e\u4e0d\u786e\u5b9a\u6027\u4e5f\u5c06\u56e0\u6b64\u52a0\u5267\u3002<\/p>\n<p>\u5728\u6b64\u80cc\u666f\u4e0b\uff0c\u591a\u4f26\u591a\u8bc1\u5238\u4ea4\u6613\u6240\u6728\u6750\u677f\u5757\u8868\u73b0\u60e8\u6de1\uff0c\u884c\u4e1a\u9f99\u5934West Fraser\u4e0eCanfor\u8fc7\u53bb\u4e00\u5e74\u80a1\u4ef7\u5747\u4e0b\u632b\u7ea6\u56db\u5206\u4e4b\u4e00\uff0c\u4e0e\u521b\u5386\u53f2\u65b0\u9ad8\u7684\u52a0\u62ff\u5927\u5927\u76d8\u5f62\u6210\u9c9c\u660e\u5bf9\u6bd4\u3002\u5c3d\u7ba1\u9762\u4e34\u4e25\u5cfb\u6311\u6218\uff0c\u5206\u6790\u5e08\u6307\u51fa\u52a0\u62ff\u5927\u6797\u4e1a\u5de8\u5934\u6b63\u901a\u8fc7\u4e0d\u540c\u7b56\u7565\u5bfb\u6c42\u7a81\u7834\uff0c\u4e3a\u957f\u671f\u590d\u82cf\u57cb\u4e0b\u4f0f\u7b14\u3002<\/p>\n<p>\u6bd4\u5982\u8bf4\uff0c\u5c3d\u7ba1\u7b2c\u4e8c\u5b63\u5ea6\u8c03\u6574\u540eEBITDA\u964d\u81f38400\u4e07\u52a0\u5143\uff0c\u6728\u6750\u4e1a\u52a1\u8d21\u732e\u4ec51500\u4e07\u52a0\u5143\uff0cWest Fraser\u4ecd\u4fdd\u6301\u7740\u4ee4\u4eba\u7fa1\u6155\u7684\u8d22\u52a1\u5b9e\u529b\u2014\u2014\u53ef\u7528\u6d41\u52a8\u8d44\u91d1\u8fd117\u4ebf\u52a0\u5143\uff0c\u51c0\u73b0\u91d1\u5934\u5bf8\u8fbe3.1\u4ebf\u52a0\u5143\u3002\u5206\u6790\u5e08\u9884\u6d4b\uff0c\u516c\u53f82025\u5e74\u53ef\u80fd\u5f55\u5f97\u6bcf\u80a1\u4e8f\u635f1.32\u52a0\u5143\uff0c\u4f46\u52302029\u5e74\u6709\u671b\u5b9e\u73b0\u6bcf\u80a1\u6536\u76ca10\u52a0\u5143\u3002\u82e5\u630915\u500d\u8fdc\u671f\u5e02\u76c8\u7387\u8ba1\u7b97\uff0c\u8003\u8651\u80a1\u606f\u540e\uff0c\u8be5\u80a1\u80a1\u4ef7\u672a\u6765\u56db\u5e74\u6216\u6709\u8fd165%\u7684\u4e0a\u6da8\u7a7a\u95f4\u3002<\/p>\n<p>\u8fd9\u573a\u5173\u7a0e\u98ce\u66b4\u7684\u5f71\u54cd\u5e76\u4e0d\u5c40\u9650\u4e8e\u52a0\u62ff\u5927\uff0c\u7f8e\u56fd\u5efa\u7b51\u4e0e\u4f4f\u623f\u5e02\u573a\u53ef\u80fd\u56e0\u6728\u6750\u7b49\u539f\u6750\u6599\u4ef7\u683c\u4e0a\u6da8\u800c\u627f\u538b\u3002\u7f8e\u56fd\u5168\u56fd\u4f4f\u5b85\u5efa\u7b51\u5546\u534f\u4f1a\u5df2\u516c\u5f00\u53cd\u5bf9\u65b0\u5173\u7a0e\uff0c\u8ba4\u4e3a\u8fd9\u5c06\u63a8\u9ad8\u5efa\u7b51\u6210\u672c\u3002 Scotiabank\u5206\u6790\u5e08Ben Isaacson\u6307\u51fa\uff0c\u5728\u6b63\u5e38\u9700\u6c42\u60c5\u51b5\u4e0b\uff0c\u7f8e\u56fd\u9700\u8981\u65b0\u5efa50\u5ea7\u952f\u6728\u5382\u624d\u80fd\u66ff\u4ee3\u52a0\u62ff\u5927\u6728\u6750\u4f9b\u5e94\uff0c\u800c\u4e13\u4e1a\u8bbe\u5907\u5236\u9020\u5546\u6bcf\u5e74\u4ec5\u80fd\u652f\u6301\u4e24\u5ea7\u65b0\u5382\u5efa\u8bbe\u3002<\/p>\n<p>\u52a0\u62ff\u5927\u8d85\u8fc7\u534a\u6570\u7684\u6728\u6750\u4ea7\u91cf\u51fa\u53e3\u81f3\u7f8e\u56fd\uff0c\u56e0\u6b64\u6210\u4e3a\u672c\u8f6e\u5173\u7a0e\u63aa\u65bd\u4e2d\u53d7\u51b2\u51fb\u6700\u4e25\u91cd\u7684\u56fd\u5bb6\u3002\u9762\u5bf9\u884c\u4e1a\u56f0\u5883\uff0c\u52a0\u62ff\u5927\u653f\u5e9c\u516b\u6708\u627f\u8bfa\u63d0\u4f9b\u9ad8\u8fbe12\u4ebf\u52a0\u5143\u7684\u8d22\u653f\u652f\u6301\u4ee5\u6551\u52a9\u6797\u4e1a\u3002\u7136\u800c\uff0c\u5728\u5e94\u5bf9\u7b56\u7565\u4e0a\uff0c\u52a0\u65b9\u4ea6\u663e\u5ba1\u614e\uff0c\u4e5d\u6708\u4efd\u64a4\u56de\u4e86\u6b64\u524d\u5c312017\u5e74\u81f32019\u5e74\u95f4\u5173\u7a0e\u5411\u7f8e\u65b9\u63d0\u51fa\u7684\u4e24\u9879\u6b63\u5f0f\u8d38\u6613\u6311\u6218\uff0c\u4ee5\u907f\u514d\u4e89\u7aef\u8fdb\u4e00\u6b65\u5347\u7ea7\u3002<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u4e00\u8bb0\u6765\u81ea\u534e\u76db\u987f\u7684\u5173\u7a0e\u91cd\u9524\uff0c\u8ba9\u52a0\u62ff\u5927\u6797\u4e1a\u611f\u53d7\u5230\u523a\u9aa8\u5bd2\u610f\u3002\u672c\u5468\uff0c\u7f8e\u56fd\u7279\u6717\u666e\u653f\u5e9c\u5ba3\u5e03\u5bf9\u8fdb\u53e3\u8f6f\u6728\u52a0\u5f8110%\u5173\u7a0e\uff0c\u6b64\u4e3e\u4f7f [&hellip;]<\/p>\n","protected":false},"author":27,"featured_media":585335,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[1521,430],"tags":[2146,519,2137,2232],"class_list":["post-598505","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-1521","category-trends-strategies-zh-hans","tag-2146","tag-519","tag-2137","tag-2232","sectors-real-estate-zh-hans","locations-canada-zh-hans","exchange-tsx-zh-hans"],"acf":[],"_links":{"self":[{"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/posts\/598505","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/users\/27"}],"replies":[{"embeddable":true,"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/comments?post=598505"}],"version-history":[{"count":3,"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/posts\/598505\/revisions"}],"predecessor-version":[{"id":598508,"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/posts\/598505\/revisions\/598508"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/media\/585335"}],"wp:attachment":[{"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/media?parent=598505"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/categories?post=598505"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/tags?post=598505"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}