Pulp and Paper Industry Expected to Rebound

Despite the recent doom and gloom in the pulp and paper industry, the Conference Board of Canada is predicting profits will triple in the next 2 years.
Analyst Louis Theriault says conditions are starting to improve both in North America and Internationally.
Theriault says profits have passed their lowest point and will begin to recover gradually.
He predicts revenues will increase by about 8.7% this year and 10.2% next year.