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North American Lumber & Panel Markets and Outlook for 2015: FEA
This week BMO Capital Markets Packaging & Forest Products Analyst Mark Wilde (formerly of Deutsche Bank) held a conference call for an update on North American Lumber & Panel Markets and Outlook for 2015 with analysts from Forest Economic Advisors ( www.getfea.com ).
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Two Sawmill Worker Fatalities
The body of a truck driver who disappeared while delivering wood chips to a Catalyst Paper Mill in Crofton, BC, this week has been found in a storage container at that facility, according to Canadian Press Friday. The BC Coroners Service says workers at the Catalyst Paper Mill couldn’t find 66-year-old Perry Thomas about a…
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Housing Starts, Canada
A report from the Canada Mortgage and Housing Corp Monday showed the seasonally adjusted annualized rate of Canadian housing starts rose to 195,620 units in November, from 183,659 in October. Canada Housing Starts Multiple-unit housing starts starts in urban areas rose 13.6 per cent, to 112,583, reversing most of the prior month’s decline. Single-family starts…
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New Brunswick Forestry Agreements
New Brunswick’s natural resources minister Thursday released the province’s forestry agreements, which give forest companies access to more Crown land and are the result of a 10-year plan announced in March. The plan will allow forestry companies to harvest an additional 660,000 cubic metres of softwood a year – a hike of 20 per cent.…
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More Sawmill Fires
A blaze broke out around 4:30 pm Thursday at Sexton Lumber in Bloomfield, NL, on the Bonavista Peninsula. The fire was in the dried bark/sawdust holding building on the outside edge of the property, and the sawmill, kiln, planer mill, drying plant, office, and inventory sections were all undamaged. However the company lost a complete…
