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Canadian Economic Accounts: 1Q and March 2015
Real gross domestic product (GDP) in Canada decreased 0.1 per cent in 1Q, following growth of 0.6 per cent in 4Q 2014. This was the first negative growth rate of real GDP since 2Q 2011. On a monthly basis, real GDP by industry fell 0.2 per cent in March. Final domestic demand fell 0.4 per…
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Interfor Closes
Less than three months after Interfor acquired a Tacoma Tideflats, WA, sawmill, affecting about 125 workers, the company has shut down the mill temporarily to take steps to return it to profitability. Interfor said that it curtailed production Friday at the former Simpson mill because of weak lumber prices and high production costs.
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Global Transportation Development
There is very exciting news this week about completed or announced transportation building projects in several jurisdictions globally. The Port of Prince Rupert, in northern British Columbia, and the newly-expanded Panama Canal have both finished extensive expansion projects. As well, China is planning major new railway lines internally and elsewhere. On May 19 was held…
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North America Construction Framing Dimension Lumber Wholesale Price: 05/29
May 29: #LUMBER PRICES 05/29: WSPF KD 2×4 #2&Btr US$262 mfbm; WSPF KD PET 2×4 Studs $265; Doug Fir green #2&Btr 2×4 $305; OSB ON 7/16″ C$235 msf (net FOB mill) North America Construction Framing Dimension Lumber Wholesale Price: 05/29
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North America Construction Framing Dimension Lumber Wholesale Price: 05/29
May 29: #LUMBER PRICES 05/29: WSPF KD 2×4 #2&Btr US$262 mfbm; WSPF KD PET 2×4 Studs $265; Doug Fir green #2&Btr 2×4 $305; OSB ON 7/16″ C$235 msf (net FOB mill) North America Construction Framing Dimension Lumber Wholesale Price: 05/29
