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North American Dimension Softwood Lumber Market Update: April 2017
This week, Canadian forest products operators were put out of some of their uncertainty and found out preliminary trade actions on softwood lumber by the US. Final determinations will be at the end of November 2017, for both countervailing (CVD) and anti-dumping (AD) duties. Please see https://madisonsreport.com/us-softwood-lumber-duty-announcement-apr-24-2017-20-per-cent/ for details on the latest duty announcement April…
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US Housing Starts, Home Sales: February & March 2017
Total housing starts in the US declined in March, after a strong pace was recorded in February. Total starts were down almost 7 per cent, falling to a 1.215 million seasonally adjusted annual rate, according to the joint data release from the Census Bureau and HUD April 18. Single-family starts posted a monthly decline of…
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US Softwood Lumber Duty Announcement April 24, 2017: 20 Per Cent
Trey Yingst , Chief White House Correspondent: President Trump to put a 20% tax on #softwood #lumber entering the US from Canada #housing Canfor, West Fraser, Tolko, and Resolute will not be charged retroactive duties in the countervailing duty case. J.D. Irving and all other Canadian companies will be required to pay any CVD duties…
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Canada Investment in New Housing Construction
New housing construction investment in Canada totalled $4 billion in February, an increase of 6.4 per cent compared with the same month in 2016, said Statistics Canada Friday. Spending on single-family dwellings led the ad- vance at the national level. Spending was up in five provinces in February, compared with the same month one year…
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North American Lumber Market Update: April 2017
Next week, Canadian forest products operators will be put out of their uncertainty and will find out any preliminary trade actions on softwood lumber by the US. Final determinations will be at the end of November 2017, for both CVD and AD duties. LATEST SOFTWOOD LUMBER PRICE MOVEMENTS APRIL 2017: Benchmark dimension lumber commodity Western…
