Newspaper article The Canadian Press

Camp and Catering Firm Blames Poor Results on Slow Recovery from Fort McMurray Fire

Newspaper article The Canadian Press

Camp and Catering Firm Blames Poor Results on Slow Recovery from Fort McMurray Fire

Article excerpt

Slow wildfire recovery hits results: Horizon

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CALGARY - A company that operates workcamps for the oilsands industry in northern Alberta says demand for its services has been weaker than expected over the summer in the wake of the Fort McMurray wildfire.

Calgary-based Horizon North Logistics Inc. (TSX:HNL) says rebuilding efforts in the oilsands region of northern Alberta have proceeded at a much slower pace than expected and demand for its camp, catering and modular building services fell off "significantly" in September.

Horizon North's 665-unit Blacksand Executive Lodge near Fort McMurray was destroyed by the wildfire in May. It says it expects to settle its insurance claim by year-end, without giving any dollar target. …

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