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Canada Investment in Housing Construction: 2Q and May 2018
Canadian investment in new housing construction increased +6.3% from May 2017 to $4.8 billion in May, according to Statistics Canada Thursday. The year-over-year increase was led by spending on multiple-unit construction (apartment buildings, row houses and semi-detached houses), while spending on single-family homes was down. Investment in non-residential building construction, meanwhile, totalled $14.3 billion in 2Q 2018, up +1.4% compared with…
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North America Lumber and Panel Prices Settle Back to Normal Territory
While still high compared to recent years, US and Canadian lumber prices this week started to approach what could be considered normal territory . Inventories in the field remain lean, however sawmills have managed to get wood ordered in 2Q out to their customers and are now able to assess the assets in their own…
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Canada Sawmills: April 2018
Lumber production in Canada rose +0.5% from March to 5,925 thousand cubic metres of lumber in April, said Statistics Canada Wednesday. Production was +2.5% higher than in April 2017. Sawmills shipped 5,807 thousand cubic metres of lumber in April, up +7.7% from March but -1.4% lower than in April 2017.
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British Columbia Coastal Log Prices: May 2018
Your weekly North American softwood lumber and panel price guide, Madison’s Lumber Reporter, is delighted to announce a brand-new data set to help keep the Canadian and US forest products industry informed and up-to-date on the latest data and market information. DON’T MISS OUT, ORDER TODAY! British Columbia Coastal Log Prices, Monthly: 2013 to May…
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Canada Building Permits, Construction Investment: April and 1Q 2018
Canadian municipalities issued $7.8 billion worth of building permits in April, down -4.6% from March, said Statistics Canada June 6. Declines were reported in every component except commercial buildings. In the residential sector, the value of permits issued by municipalities fell 4.3% to $5.1 billion in April. Five provinces posted declines led by British Columbia. In the multi-family dwelling…
