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US Home Sales, Prices: May and June 2015
The House Price Index (HPI) data reported by the Federal Housing Finance Agency (FHFA) shows house prices rose at an annual growth rate of 5.4 per cent in May, higher than the 4.7 per cent in April and the 3.8 per cent in March. The Standard and Poor’s/Case-Shiller reported that the Home Price Index rose…
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Forest Company Quarterly Results: 2Q 2015
Interfor Corp, Resolute Forest Products, Tembec Inc, and Norbord all announced second-quarter 2015 financial results this week. Interfor Corp, out of Vancouver, BC, recorded Thursday a net loss of $20.6 million, or $0.29 per share, on sales of $429.7 million in Q2 2015 compared with a net loss of $0.2 million in the previous quarter…
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Cellulose Nanocrystal and Nanotechnology Research
Over 230 delegates from 25 countries gathered in Vancouver, BC, at the beginning of July for TAPPI’s 9th International Conference on Nanotechnology for Renewable Nanomaterials. “This year’s conference was exceptional,” noted co-chair Wadood Hamad, Priniciple Scientist, FPInnovations to Nano Werk July 8. “The keynote and technical presentations were of very high quality. The advancements made…
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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…
