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Canada Forestry Funding Announcement
Canada’s Minister of Natural Resources, Greg Rickford, Friday announced that a Call for Proposals is now open for companies to submit applications to benefit from the renewed Investments in Forest Industry Transformation (IFIT) program. The Harper Government announced funding of $90.4 million with funding to be allocated to projects that support jobs and implement highly…
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US New and Existing Home Sales: May
New single-family home sales in the US reached the highest pace in six years in May. According to estimates from the Census Bureau and the Department of Housing and Urban Development released Tuesday, new home sales were at a seasonally adjusted annual rate of 504,000 in May, a gain of 18.6 per cent over a…
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Oregon Timber and Land Management Update
Earlier this year, authorities followed a pickup truck to a warehouse in Philomath, OR, and seized more than 13,000 pounds of salal, a leafy Northwest plant prized for its shelf life in floral arrangements. It is shipped to the East Coast and even to Europe, and the black-market operation was an example of the wealth…
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Canadian Industrial Product and Raw Materials Prices: May
The Industrial Product Price Index (IPPI) was down 0.5 per cent in May, mainly due to lower prices for energy and petroleum products, said Statistics Canada Friday. The Raw Materials Price Index (RMPI) declined 0.4 per cent, after edging up 0.1 per cent in April, mostly as a result of lower prices for animals and…
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Canada Sawmill Production: April
Lumber production by Canadian sawmills increased 1.4 per cent in April from March, to 5,255.9 thousand cubic metres, according to Statistics Canada Friday. Compared with April 2013, lumber production declined by 2.9 per cent. Sawmills shipped 4,970.2 thousand cubic metres of lumber in April, up 13.4 per cent from March.
