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Canada-US Softwood Lumber Trade: Further Updates
Fast on the heals of British Columbia’s new NDP Premier John Horgan’s assertion last week that Canada and the US were “close” to a new softwood lumber trade deal, Canadian Prime Minister Justin Trudeau said on Tuesday he was “very hopeful” of getting a deal with the United States on softwood lumber, which has become…
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Canada Lumber Production, Exports; US Consumption, Imports & Log Exports: May 2017
US Coniferous Sawn Wood Imports: May 2017 According to the latest figures from the US Department of Agriculture’s Foreign Agriculture Service, for January to May 2017 the USA imported US$2,235 billion of softwood lumber from the World, which amounts to a 17 per cent increase from the first five months of the previous year, when…
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Japan Wood Demand Projection 2017
Japan’s Forestry Agency projected the country’s wood supply of structural laminated lumber for 2017 is up +5.2 per cent, and that of plywood is up +3.2 per cent compared to the previous year, said Japan Lumber Reports Friday. New housing starts in Japan are forecast by eleven private think tanks based on GDP for 1Q…
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Softwood Lumber Trade Update
British Columbia’s new NDP Premier John Horgan said Thursday after talks with Trump administration officials he was hopeful a dispute between Canada and the United States over softwood lumber could be resolved before NAFTA talks begin in mid-August, according to Reuters. Horgan told Reuters he saw no reason why the dispute should be part of…
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US Home Sales, Prices, Ownership Rates: May, June, 2Q 2017
According to the US Census Bureau’s Housing Vacancy Survey, released Thursday the US homeownership rate was 63.7 per cent in 2Q 2017, which is statistically no different from its last quarter reading of 63.6 per cent. The rate of homeownership appears to be stabilizing after reaching a cycle low of 62.9 per cent in 2Q…
