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2006 Softwood Lumber Agreement
Last week at the Forest Economic Advisors’ Forest Products Forum at the World Forestry Center in Portland, OR, the US Lumber Coalition stated it does not support simply extending the 2006 Canada-US Softwood Lumber Agreement when it expires on October 12, 2015. The agreement was renewed in 2013 with no changes. If it is allowed…
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Study: Manufacturing Sales 2013, Canada
Canadian manufacturing sales increased in 2013 for the fourth year in a row, Statistics Canada announcement Monday. Sales edged up 0.3 per cent and have almost fully recovered from the recession of 2008-2009. By contrast, constant dollar sales fell 0.9 per cent year over year, indicating a drop in volumes. Constant dollar sales in 2013…
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US Supply of New Homes: August
The August increase of the pace of new home sales pushed the months’ supply measure of inventory to its lowest level in more than a year. According to estimates from the Census Bureau and HUD released Thursday, on a nonseasonally adjusted basis the inventory of for-sale newly built homes stood at 206,000 in August. This…
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New Home Sales, US
In a joint release the Census Bureau and Department of Housing and Urban Development reported Wednesday that newly constructed single family homes sold at a seasonally adjusted annual pace of 504 thousand in August, up 18 per cent from July and 33 per cent from August 2013. The supply of new homes available for sale…
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Fort Francis Pulp Mill
The kraft pulp mill across the Rainy River in Fort Frances, ON, could have a buyer, according to a report this week in the Fort Frances Times. Possible Buyer The mill had previously been closed permanently in May by owner Resolute Forest Products, which followed a January announcement of an extended period of market-related outage…
