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Author: Madison’s Lumber Reporter

  • Biomass Fuel Production

    Cellufuel moved into the former Bowater Mersey paper plant in Brooklyn, NS, after the plant closed in 2012, throwing around 2,000 people out of work, according to CBC Friday. Since then, Cellufuel has been developing biofuel that could be used in vehicles and for heating. The plant transforms otherwise low-value wood fibre into renewable diesel…

  • US Highway Bill Drafted and Passes Senate

    The very, very long-awaited Fixing America’s Surface Transportation, Act, —  also known as fast and the Highway Bill — was drafted by lawmakers in the House of Representatives and the Senate, who unveiled the US$305 billion measure to fund highways and mass-transit projects Tuesday in Washington, DC. The US Senate on Thursday overwhelmingly approved the…

  • BMO Capital Markets’ North American Lumber & Wood Panel Markets Conference Call

    This week was held an update on North American Lumber & Wood Panel Markets by Forest Economic Advisors, at a BMO Capital Markets Conference call. BMO Capital Markets Update on the North American Lumber & Wood Panel Markets : Forest Economic Advisors • US Starts Were Weaker Than Most Analysts Expected • US New Home…

  • US Residential Construction Spending: October 2015

    NAHB analysis of Census construction spending data released Tuesday shows that total private US residential construction spending for October increased to a seasonally adjusted annual rate of US$399 billion. On a month-over-month basis, private single-family spending was US$226 billion, up by 1.6 per cent over the revised September estimate. Private multifamily spending increased to US$58…

  • Canada Residential Construction Index: 3Q 2015

    The total value of investment in residential construction rose 3.3 per cent to $31.9 billion in the third quarter compared with the same quarter a year earlier, said Statistics Canada Thursday. This marked the seventh consecutive year-over-year quarterly growth. Investment in apartment and apartment-condominium building construction (up 21.5 per cent to $4.7 billion), acquisition costs…