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Anticipated Duties on Softwood Lumber to Dampen Canadian Wood Products Industry Outlook
Canada’s wood products manufacturers are on track to post pre-tax profits of $1.4 billion this year—their highest levels since 2004, according to The Confer- ence Board of Canada’s Canadian Industrial Outlook: Canada’s Wood Products Manufacturing Industry, released Wednesday. Going forward, however, the imposition of US duties on softwood lumber will slow export growth and weigh…
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Madison’s Heating Wood Pellet Price Guide – beta
Friday morning Madison’s released, to customers who are taking advantage of our pre-publication sale, the first beta issue of what will be the monthly Madison’s Pellet Price Report, covering North America energy wood pellet manufacturing, distribution, and sales/export. Madison’s Heating Wood Pellet Price Report – beta release We welcome comments and feedback. We are continuing…
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US Manufacturing Rates, Producer Prices: 3Q 2016
The Final US Markit Manufacturing PMI increased to 54.1 in November of 2016 from 53.4 in October. As well, producer prices in the United States is expected to be 111.30 Index Points by the end of this quarter, according to Trading Economics. Economic activity in the manufacturing sector expanded in November, and the overall economy…
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Canada Looming Trade Issues: Conference Board
“ “Bilateral issues are not Canada’s sole concern,” Alexander noted. “The hang-over from the deeply divided electorate and the trash-talking of America’s democratic institutions will make US governance more difficult.” – Craig Alexander, chief economist at the Conference Board of Canada Canada Looming Trade Projections: Bennett Jones, Conference Board Subdued economic growth for advanced economies…
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Ontario Sawmill Invests
Lavern Heideman & Sons Ltd, out of Eganville, ON, announced plans this week to spend $16.9 million to modernize the company’s Eganville, ON, sawmill. Four mil- lion dollars of the project cost will come from the Ontario provincial government. Eighteen new jobs are expected to be created by the upgrade, which will increase production capacity…
