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North America Forest Company Quarterly Reports: 3Q 2016
This week Canfor, Weyerhaeuser, Domtar, and International Paper all released quarterly earnings reports. Canfor Corporation, out of Vancouver, BC, Wednesday reported net income attributable to shareholders of $50.9 million, or $0.38 per share, for 3Q 2016, compared to shareholder net income of $36.0 million, or $0.27 per share, for 2Q 2016 and a net loss…
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US Apartment Stocks, Rental Rates: Sept & 3Q 2016
The US National Multifamily Housing Council released its Apartment Markets Retreat in the October NMHC Quarterly Survey, said Calculated Risk Thursday. The Market Tightness Index fell to 28, the lowest since July 2009 and the fourth quarter in a row showing declining conditions. Meanwhile, the stabilization of the vacancy rate, which has been falling for…
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BC New Representative for Softwood Lumber Trade
The British Columbia government has switched chief negotiators on the softwood lumber file, according to the Vancouver Sun October 12. Dana Hayden, a former BC deputy minister for forests and international trade, left the job on September 30 after two years as chief negotiator. BC replaced her with John Allan, the former president of the…
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BC New Representative for Softwood Lumber Trade
The British Columbia government has switched chief negotiators on the softwood lumber file, according to the Vancouver Sun October 12. Dana Hayden, a former BC deputy minister for forests and international trade, left the job on September 30 after two years as chief negotiator. BC replaced her with John Allan, the former president of the…
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Japan Housing Starts: July 2016
Japan’s Ministry of Land, Infrastructure and Transport disclosed Japan housing total starts at 85,208 units, and 8.9 per cent increase over one year ago and a 0.1 per cent drop from June, said the Japan Lumber Reports Friday. Japan Housing Starts: July 2016 Japan’s housing starts have been above 85,000 units for two months in…
