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Canada Sawmill Fires
A devastating fire at Port Dover, ON’s, Porter Lumber Wednesday morning is expected to have caused $3 million in damage to the solid wood production facility, said the Simcoe Reformer. No injuries were reported. However, damage is pegged at $3 million. The property was not insured. As well, the local fire department was called Wednesday…
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North American Sawmill Capacity Utilization and Lumber Production: June 2017
Rates of production as percent of practical capacity for North American sawmills for June 2017 rose from May to 85% in the US, compared to 86% the previous year and 86% for full year 2016, said the latest issue of the Western Wood Products Association Lumber Track Monday. Capacity utilization of sawmills in Canada for…
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British Columbia Lumber Exports: July 2017
British Columbia lumber export values are up +3 per cent for 2017 year-to-date July compared to the same period in 2016, to $8.23 billion compared to $8.02, said the Competitiveness and Innovation Branch, Ministry of Forests, Lands, and Natural Resource Operations Wednesday. British Columbia Lumber Exports: July 2017 Exports of lumber by value is down…
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US House Price Index and Pending Home Sales: June 2017
The Case-Shiller US National Home Price Index, reported by S&P Dow Jones Indices Tuesday, rose at a seasonally adjusted annual growth rate of 4.4 per cent in June, faster than the 3.2 per cent in April and the 3.7 per cent in May. US HOUSE PRICE INDEX AND PENDING HOME SALES: JUNE 2017 The Case-Shiller…
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North America Wildfire Season: 2017
A massive wildfire raging south of the US border in Washington State crossed into Canada overnight Wednesday, according to Global News. The BC Wildfire Service said the Diamond Creek fire is burning 70 kilometres west of Osoyoos, BC, within the vicinity of Border Lake. CANADA AND US WILDFIRE SEASON: 2017 BC Parks Wednesday shut down…