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Canada – US Softwood Lumber Agreement Update
Both BC Forests Minister Steve Thomson and Council of Forest Industries president Susan Yurkovich said January 13 that British Columbia no longer expects to simply renew the 2006 Softwood Lumber Agreement, according to Business in Vancouver Tuesday. Thomson and Yurkovich met with Canada’s international trade minister, Chrystia Freeland, earlier that week to exchange views on…
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US Real Estate and Economic Update
The latest data of US real estate activity and general macroeconomic conditions are examined. US Private Investment and the Business Cycle Calculated Risk — Bill McBride “Discussions of the business cycle frequently focus on consumer spending (PCE: Personal consumption expenditures), but the key is to watch private domestic investment, especially residential investment. Even though private…
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Japan Wood Import Projection 2016
The Timber Supply and Demand Conference of Japan, comprised of five groups of imported wood products, came up with the projection for demand for 2016, said the Japan Lumber Reports Friday. The projection does not expect any significant change in the import of both logs and lumber. Japan housing starts 2016 are expected to exceed…
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Canada Investment in Construction: 4Q and Nov 2015
Investment in Canadian non-residential building construction reached $12.6 billion in 4Q, down 1.7 per cent from the previous quarter, according to Statistics Canada Monday. Investment in Canadian residential construction rose 2.2 per cent to $4.3 billion in November compared with the same month in 2014, said StatsCan Thursday. Higher construction spending on apartment and apartment-condominium…
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Timber Revenues and Returns 2015
CatchMark Timber Trust: Analysts Take Wall Street research analysts are predicting that CatchMark Timber Trust, Inc. (NYSE:CTT) will post earnings per share of US$0.14 when the firm next issues their quarterly results. According to the latest information, the firm should release the report on or around 2016-02-22. This is according to data compliled by Zack’s…
