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Canada Investment in New Housing Construction
New housing construction investment in Canada totalled $4 billion in February, an increase of 6.4 per cent compared with the same month in 2016, said Statistics Canada Friday. Spending on single-family dwellings led the ad- vance at the national level. Spending was up in five provinces in February, compared with the same month one year…
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North American Lumber Market Update: April 2017
Next week, Canadian forest products operators will be put out of their uncertainty and will find out any preliminary trade actions on softwood lumber by the US. Final determinations will be at the end of November 2017, for both CVD and AD duties. LATEST SOFTWOOD LUMBER PRICE MOVEMENTS APRIL 2017: Benchmark dimension lumber commodity Western…
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Canada Sawmills: January 2017
Canadian lumber production rose 19.5 per cent in January, with sawmills producing 5,813.4 thousand cubic metres of lumber, said Statistics Canada April 10. Production was 5.2 per cent higher than January 2016. In January, sawmills shipped 5,452 thousand cubic metres of lumber, up 10.1 per cent from December. Shipments were 2.8 per cent higher than…
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US Construction Jobs: February 2017
According to the BLS Job Openings and Labor Turnover Survey (JOLTS) and NAHB analysis April 11, the number of open construction sector jobs rose to 169,000 in February. The cycle high is 238,000, set in July of last year. The open position rate (job openings as a percent of total employment) for February increased to…
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Madison’s Anniversary
This week Madison’s Lumber Reporter (est. 1952) is delighted to announce the ninth anniversary of current publisher, Kéta Kosman! The first issue under her new ownership was April 17, 2008, when previous owner Laurence (Laurie) Cater RIP retired. Laurie hired Kéta as print production in June 2003. Laurie had taken over from Peter Madison in…
