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Canada Monthly Survey of Manufacturing
Manufacturing sales declined 1.7 per cent to $50 billion in February, the fourth decrease in five months, said Statistics Canada Wednesday. The drop reflected lower sales of motor vehicles and reduced production of aerospace products and parts. Monthly manufacturing sales have fallen 6.8 per cent since their most recent high of $53.7 billion in July…
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New Forestry Funding, Canada and US
Recent announcements by Canadian federal and provincial governments for forestry funding in technology and innovation as well as employment, and by the US Department of Agriculture, will inject much-needed investment into worthwhile timber-related projects, Canada’s federal Government announced the extension of its program to support the growth of overseas markets for Canada’s forest industry, Revenue…
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Western Spruce-Pine-Fir 2×4 Dimension Lumber Price 2015: Steep Drops
In a potentially alarming development, benchmark Western Spruce-Pine-Fir KD 2×4 #2&Btr construction framing dimension lumber prices have dropped much farther than similar commodities in the past year. Eastern Spruce-Pine-Fir KD 2×4 #2&Btr prices fell 16.5 per cent since April 2014, from US$437 mfbm to US$365 mfbm this week (net FOB mill). By comparison, Southern Yellow…
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Western Spruce-Pine-Fir 2×4 Dimension Lumber Price 2015: Steep Drops
In a potentially alarming development, benchmark Western Spruce-Pine-Fir KD 2×4 #2&Btr construction framing dimension lumber prices have dropped much farther than similar commodities in the past year. Eastern Spruce-Pine-Fir KD 2×4 #2&Btr prices fell 16.5 per cent since April 2014, from US$437 mfbm to US$365 mfbm this week (net FOB mill). By comparison, Southern Yellow…
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B.C. Forest Product Exports – February 2015
Highlight of Exports YTD 2015 (February), compared to YTD 2014 (February): • BC forest product exports totalled $1.96 billion, up 4.8 per cent from $1.88 billion. • Share of export value by market: US (48.2 per cent, up from 42.3 per cent), China + Hong Kong (28.7 per cent, down from 30.9 per cent), Japan…
