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B.C. Forest Product Exports – March 2016
Highlight of Exports YTD 2016 (March), compared to YTD 2015 (March): B.C. forest product exports totalled $3.46 billion, up 8.7% from $3.18 billion. Share of export value by market: U.S. (52.0%, up from 47.0%), China + Hong Kong (25.4%, down from 30.1%), Japan (8.5%, down from 9.0%) and other destinations (14.2%, up…
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Forestry Week 2016: Vancouver, BC
Demand for tissue and specialty paper globally offset that for printing and writing papers from 2004 to 2015, said the Pulp and Paper Products Council (PPPC), which represents North American newsprint producers, at the group’s annual meeting, this week in Vancouver, BC. Mixed prices and demand for commodities, as well as currency volatility continues to…
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Canadian Forest Companies Urge House of Commons
Once again Canadian lumber producers have pressed the federal government on the urgency of moving forward on the softwood lumber trade file, this time appearing before the House of Commons Standing Committee on International Trade in Ottawa Wednesday to voice their support for the Canadian Government’s continued efforts to reach a new softwood lumber agreement…
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US REO Inventory Down 23 per cent Y-o-Y: 1Q 2016
FANNIE MAE reported Thursday the number of Real Estate Owned inventory declined to 52,289 at the end of 1Q 2016, compared to 79,319 at the end of 1Q 2015. FREDDIE MAC reported the number of REO inventory declined to 15,409 at the end of Q1 2106 compared to 22,738 at the end of Q1 2015.…
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US Lumber Groups Support Timber Innovation Act
The American Wood Council (AWC), American Forest Foundation (AFF), Binational Softwood Lumber Council (BSLC) and Southeastern Lumber Manufacturers Association (SLMA) today announced their strong support for the “Timber Innovation Act”, according to an American Wood Council release Monday. US “Timber Innovation Act” “Advancing the construction of tall wood buildings will help lower the cost of…
