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Canada Sawmill Production: February 2016
Lumber production by Canadian sawmills in February increased 1.8 per cent from January, to 5,627.9 thousand cubic metres, according to new data released by Statistics Canada Friday. Compared with February 2015, lumber production rose 12.4 per cent. Sawmills shipped 5,570.7 thousand cubic metres of lumber in February, up 5 per cent from January. Shipments rose…
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Export Development Canada Reduces Forecast
Export Development Canada has slashed its forecast of goods exports this year to 2 per cent, down from a previous estimate of 7 per cent. While natural resources continue to struggle under lower prices and sluggish demand, double-digit growth in consumer goods, automotive, and aerospace sec– tors will drive Canada’s overall exports to grow by…
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Major Railway Trestle Bridge Fire in Alberta
Police in Mayerthorpe, AB, said the re that destroyed the CN Rail trestle bridge started under suspicious circumstances, according to CBC Wednesday. The re is the fifth the local RCMP detachment has been called to in the past 30 days. Crews responded to 17 res locally in the last seven days, all wildland or grass…
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FPAC Major Climate Change Announcement
On the morning of Monday, May 2, the Forest Products Association of Canada will be making a major announcement pertaining to the environment. New FPAC CEO Derek Nighbor will be launching a national initiative related to climate change. FPAC will be hosting a media conference call at 1 pm EST on Monday to speak to…
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US Home Rentals, Sales, Prices: March 2016
Americans paid more to rent homes last month, but broader measures suggest that the surging increases of prior years have moderated in much of the country. Real estate data firm Zillow said Friday that the median US monthly rent rose a seasonally adjusted 2.6 per cent in March from a year ago, to US$1,389. That…
