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Interfor, Domtar, Norbord Report: 1Q 2016
Interfor, out of Vancouver, BC, recorded adjusted EBITDA of $33.4 million on sales of $433.9 million in 1Q 2016 compared to $35.8 million on sales of $411.4 million in 4Q 2015, the company announced Thursday. Net earnings were $0.8 million, or $0.01 per share, compared with net losses of $3.5 million, or $0.05 per share,…
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Major Railway Trestle Bridge Fire in Alberta
Police in Mayerthorpe, AB, said the re that destroyed the CN Rail trestle bridge started under suspicious circumstances, according to CBC Wednesday. The re is the fifth the local RCMP detachment has been called to in the past 30 days. Crews responded to 17 res locally in the last seven days, all wildland or grass…
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Japan Log and Lumber Imports: Canada and US 2015
There was little change last year in Japan’s import volumes of North American lumber, and of US logs, according to Japan Lumber Journal Friday. Japan’s imports of Canadian logs, however, dropped significantly in both volumes and values. Volumes of Japan’s imports of US logs increased by 7.9 per cent in 2015 compared to the previous…
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FPAC Major Climate Change Announcement
On the morning of Monday, May 2, the Forest Products Association of Canada will be making a major announcement pertaining to the environment. New FPAC CEO Derek Nighbor will be launching a national initiative related to climate change. FPAC will be hosting a media conference call at 1 pm EST on Monday to speak to…
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US Home Rentals, Sales, Prices: March 2016
Americans paid more to rent homes last month, but broader measures suggest that the surging increases of prior years have moderated in much of the country. Real estate data firm Zillow said Friday that the median US monthly rent rose a seasonally adjusted 2.6 per cent in March from a year ago, to US$1,389. That…
