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Forest Practices Board Assesses
The Ministry of Forests Land and Natural Resource Operations’ enforcement staff should consider attaching stiffer penalties to administrative actions against companies that violate regulations, the forest-industry watchdog reported, according to the Vancouver Sun Thursday. It also suggested that the Ministry of Forests publish its determinations to make them more of a deterrent. The BC Forest…
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Canada New Housing Construction Investment: May 2015
Spending on new housing construction totalled $3.9 billion in May, up 2.0 per cent from the same month a year earlier, according to Statistics Canada Tuesday. The increase at the national level came mostly from higher investment in apartment and apartment-condominium building construction, up 12.8 per cent to $1.3 billion. Higher spending on row house…
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US Home Sales, Prices: June 2015
New-home sales fell 6.8 per cent in June from a month earlier to a seasonally adjusted annual rate of 482,000, the lowest reading since November 2014, the US Commerce Department said Friday. US new home sales fell 1.1 per cent in May, down from an initially reported 2.2 per cent increase. Sales jumped 28 per…
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Chicago Fed Index: June
The Chicago Federal Reserve’s national activity index the Chicago Fed National Activity Iindex (CFNAI) moved up to +0.08 in June from –0.08 in May, largely due to improvements in production- and employment-related indicators. Three of the four broad categories of indicators that make up the index increased from May, and two of the four categories…
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Seneca Breaks Ground
Major building upgrades are set to begin at Eugene, OR-based Seneca Sawmill Company Friday, said The Register-Guard. The company invited media to the start of a US$60 million overhaul of its dimension mill on Highway 99. The dimension mill processes logs with diameters between 12 and 40 inches. The upgrades will improve efficiency at the…
