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US Mortgages
Warren Buffet, head of multi-billion dollar investment firm Berkshire Hathaway, said Tuesday he is surprised Americans are not “lining up now to get mortgages to buy a home.” He is puzzled by the sluggish rebound in US home construction amid near record-low interest rates and a broader recovery in the economy. At a conference hosted…
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Madison’s Employment Listings
As part of our ongoing commitment to providing the best quality — and most timely — service, Madison’s will be adding employment listings in the North American forest products industry as a supplement to your weekly Reporter. For the time being we are building out that content live on the website, here: http://162.213.156.131/~madisonsreport/interactions/jobs/ Send us…
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Canada Housing Starts
Canadian housing starts rose modestly in September as builders broke ground on more multiple-unit dwellings, typically condominiums, data showed on Wednesday. The report from the Canada Mortgage and Housing Corp showed housing starts climbed to a seasonally adjusted annualized rate of 197,343 units last month from an upwardly revised 196,283 units in August. The homebuilding…
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Housing Starts, Japan
New housing starts in Japan for August dropped by 12.5 per cent compared to one year ago, to 73,771 units said Japan Lumber Reports Friday. On a seasonally adjusted basis the starts were 845,000. There was a 6.1 per cent drop in total housing starts for the first 8 months of 2014 compared to the…
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Pinnacle Pellet Mill Fire
Fire broke out Thursday morning — with some reports of an explosion — at the Pinnacle Renewable Energy Plant in Burns Lake, BC. Three workers were injured, one seriously. The facility was under maintenance curtailment. The company had been charged this year almost $50,000 by WorkSafeBC for repeated incidents of dust collection at the plant.…
