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Canada Building Permits
Canadian municipalities issued building permits worth $6.1 billion in February, down 11.6 per cent from January, said Statistics Canada Tuesday. This decrease followed an 8.1 per cent gain the previous month and was mainly driven by lower construction intentions for multi-family dwellings in all provinces. Construction intentions for residential buildings declined 21.0% to $3.6 billion,…
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Global Lumber Trade
There have been some fascinating changes in the movement of hardwood lumber globally this year, partially due to EUTR restrictions on illegally harvested timber imports having come into effect in Europe a year ago. This week data became available for North American softwood lumber exports. Also that for imports of softwood lumber into consuming regions,…
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Japan Housing Starts
February housing starts in Japan totalled 69,689 units, a 1 per cent increase over February last year and a consecutive 18-month improvement, said the Japan Lumber Reports Friday. Seasonally-adjusted starts were 919,000 units, a 6 per cent decrease over January. Housing Starts, Japan Japan’s Ministry of Land, Infrastructure and Transportation commented that the stable economic…
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Southwide Timber Prices – January/February 2014
While timber prices in the East-South US were a bit more volatile than average prices across the South, prices were fairly stable overall, said Forest2Markt March 31. The combination of continued wet and severe winter weather in areas of the US South is primarily responsible for the price fluctuations between regions. Pine sawtimber prices saw…
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Hampton Issued Safety Fine
The owners of the Babine Forest Products sawmill in Burns Lake, BC, were hit with a fine of nearly $1 million by WorkSafeBC for the fatal explosion at the mill in 2012. The fine comes after the Criminal Justice Branch announced it wasn’t proceeding with criminal charges against the owners because of mistakes made by…
