UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549



                                  SCHEDULE 13G
                                 (Rule 13d-102)


             INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
          TO RULES 13d-1(b), (c), AND (d) AND AMENDMENTS THERETO FILED
                            PURSUANT TO RULE 13d-2(b)

                                (Amendment No. )*


                          Louisiana-Pacific Corporation
                                (Name of Issuer)


                           Common Stock, $1 par value
                         (Title of Class of Securities)


                                   546347 10 5
                                 (CUSIP Number)

                                December 31, 2000
                                -----------------
             (Date of Event which Requires Filing of this Statement)

        Check the  appropriate  box to designate the rule pursuant to which this
Schedule is filed:

          X    Rule 13d-1 (b)
        -----

               Rule 13d-1 (c)
        -----

               Rule 13d-1 (d)
        -----

*The  remainder of this cover page shall be filled out for a reporting  person's
initial filing on this form with respect to the subject class of securities, and
for any  subsequent  amendment  containing  information  which  would  alter the
disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the  Securities  Exchange  Act of
1934 ("Act") or otherwise  subject to the liabilities of that section of the Act
but  shall be  subject  to all other  provisions  of the Act  (however,  see the
Notes).





  1       NAME OF REPORTING PERSON
          S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (Entities only)

            Louisiana-Pacific Salaried 401(k) and Profit Sharing Plan
            93-6083226

  2       CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

                                                              (a) |_|
                                                              (b) |X|

  3       SEC USE ONLY




  4       CITIZENSHIP OR PLACE OF ORGANIZATION

            Oregon

           NUMBER OF                  5      SOLE VOTING POWER

           SHARES                                3,705,580

           BENEFICIALLY
                                      6      SHARED VOTING POWER
           OWNED BY EACH
                                                  -0-
           REPORTING
                                      7      SOLE DISPOSITIVE POWER
           PERSON WITH
                                                  -0-

                                      8      SHARED DISPOSITIVE POWER

                                                  -0-

9       AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

              3,705,580 shares

10       CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

              Not applicable

11       PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

              3.6 percent

12       TYPE OF REPORTING PERSON

              EP
                                       -2-


  1       NAME OF REPORTING PERSON
          S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (Entities only)

            Louisiana-Pacific Hourly 401(k) and Profit Sharing Plan
            93-0997550

  2       CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

                                                              (a) |_|
                                                              (b) |X|

  3       SEC USE ONLY




  4       CITIZENSHIP OR PLACE OF ORGANIZATION

            Oregon


            NUMBER OF                 5      SOLE VOTING POWER

            SHARES                             5,982,539

            BENEFICIALLY              6      SHARED VOTING POWER

            OWNED BY EACH                        -0-

            REPORTING                 7      SOLE DISPOSITIVE POWER

            PERSON WITH                          -0-

                                      8      SHARED DISPOSITIVE POWER

                                                 -0-

  9       AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

              5,982,539 shares

 10       CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

              Not applicable

 11       PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

              5.7 percent

 12       TYPE OF REPORTING PERSON

              EP

                                       -3-



Item 1(a)      Name of Issuer:

               Louisiana-Pacific Corporation


Item 1(b)      Address of Issuer's Principal Executive Offices:

               111 S.W. Fifth Avenue
               Portland, Oregon  97204


Item 2(a)      Name of Person Filing:

               Louisiana-Pacific Salaried 401(k) and Profit Sharing Plan
               ("Salaried 401(k)Plan") and Louisiana-Pacific Hourly 401(k)
               and Profit Sharing Plan ("Hourly 401(k) Plan")


Item 2(b)      Address of Principal Business Office or, if None, Residence:

               111 S.W. Fifth Avenue
               Portland, Oregon  97204


Item 2(c)      Citizenship:

               The  filing  persons  are trusts  organized  under the laws of
               the state of Oregon.


Item 2(d)      Title of Class of Securities:

               Common Stock, $1 Par Value


Item 2(e)      CUSIP Number:

               546347 10 5


Item 3         If This  Statement  is  Filed  Pursuant  to Rule  13d-1(b),  or
               13d-2(b) or (c), Check Whether the Person Filing is a:

               (f) x An employee  benefit plan or endowment  fund in  accordance
               with Rule 13d-1(b) (1) (i) (F).


Item 4         Ownership

               The following information is as of December 31, 2000:

               (a)    Amount Beneficially Owned:

                      3,705,580 shares by the Salaried 401(k) Plan.

                                       -4-


                      5,982,539 shares by the Hourly 401(k) Plan.

               (b)    Percent of Class:

                      The shares held by the Salaried  401(k) Plan represent 3.6
                      percent of the class. The shares held by the Hourly 401(k)
                      Plan represent 5.7 percent of the class.

               (c)    Number of shares as to which the Salaried 401(k) Plan has:

                       (i)   Sole power to vote or to direct the vote: 3,705,580

                      (ii)   Shared power to vote or to direct the vote:  0

                     (iii)   Sole power to dispose or to direct the disposition
                             of:  0

                      (iv)   Shared power to dispose or to direct the
                             disposition of:  0

                         Number of shares as to which  the  Hourly  401(k)  Plan
                         has:

                       (i)   Sole power to vote or to direct the vote: 5,982,539

                      (ii)   Shared power to vote or to direct the vote:  0

                     (iii)   Sole power to dispose or to direct the disposition
                             of:  0

                      (iv)   Shared power to dispose or to direct the
                             disposition of:  0


Item 5         Ownership of Five Percent or Less of a Class:

               If this  statement  is being  filed to report the fact that as of
               the  date  hereof  the  reporting  person  has  ceased  to be the
               beneficial  owner of five  percent  of the  class of  securities,
               check the following [ ].


Item 6         Ownership of More than Five Percent on Behalf of Another Person:

               Not applicable.


Item 7         Identification  and  Classification  of the  Subsidiary  Which
               Acquired the  Security  Being  Reported on by the Parent  Holding
               Company or Control Person:

               Not applicable.


Item 8         Identification and Classification of Members of the Group:

               Not applicable.


Item 9         Notice of Dissolution of Group:

                                       -5-

               Not applicable.

Item 10        Certifications:

               By signing  below the  undersigned  certify  that, to the best of
               their knowledge and belief, the securities referred to above were
               acquired and are held in the ordinary course of business and were
               not  acquired  and are not held for the  purpose  of and with the
               effect of  changing or  influencing  the control of the issuer of
               the  securities  and  were  not  acquired  and  are  not  held in
               connection  with or as a participant  in any  transaction  having
               that purpose or effect.


                                    SIGNATURE

        After reasonable  inquiry and to the best of the knowledge and belief of
        the undersigned,  the undersigned certify that the information set forth
        in this statement is true, complete, and correct.

        The  Louisiana-Pacific  Salaried  401(k) and Profit Sharing Plan and the
        Louisiana-Pacific  Hourly  401(k) and Profit  Sharing  Plan each  hereby
        disclaims  beneficial  ownership  of  the  securities  held  by  it in a
        fiduciary capacity as set forth in this Schedule 13G.


                                             February 12, 2001
                                            ------------------------------------
                                             (Date)

                                            LOUISIANA-PACIFIC SALARIED
                                            401(k) AND PROFIT SHARING PLAN


                                            By   /s/ Michael J. Tull
                                              ----------------------------------
                                                   Michael J. Tull, Trustee


                                            LOUISIANA-PACIFIC HOURLY
                                            401(k) AND PROFIT SHARING PLAN


                                            By   /s/ Michael J. Tull
                                              ----------------------------------
                                                   Michael J. Tull, Trustee



     ATTENTION:  Intentional  misstatements  or  omissions  of  fact  constitute
federal criminal violations (See 18 USC 1001)

                                       -6-