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Leaked Trump Team Memo Mentions Softwood Lumber as US Trade Priority
it’s a completely bizarre way to release a policy statement; but YES to softwood lumber being in NAFTA: Trump team flags Canadian livestock and lumber as targets in NAFTA reset STEVEN CHASE OTTAWA — The Globe and Mail “ The memo, as described by the U.S. cable network, also says Mr. Trump would then have…
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Kenora Forest Products Adds Shift
Kenora Forest Products, out of Kenora, ON, implemented another shift at its planer and sawmill October 31, providing jobs for approximately 45 more people. Kenora Forest Adds Shift Unifor and the company previously committed to ensuring members of the aboriginal community shared in the the economic benefits of the reopening of the mill last year.…
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US Home Sales, House Prices, Homeownership Rates
Markets in 162 of the approximately 340 metro areas across the US returned to or exceeded their last normal levels of economic and housing activity in 3Q 2016, ac- cording to the National Association of Home Builders/First American Leading Markets Index (LMI) released Tuesday.In 2017, sales of existing homes are forecast to grow roughly 2…
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Japan Housing Starts
Japan housing starts improved by 3.9 per cent in September 2016, to 85,622 units annually on a seasonally-adjusted basis from 82,242 units one year ago, according to Japan Lumber Reports November 4. The proportion of wood-framed new construction — at 49,733 units — dropped to 58.8 percent, from 48,7171 units, or 59.2 percent in August. New units…
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Canada Export Projection: EDC
In a sobering message titled “The Great Hesitation”, in the latest release of Export Development Canada’s Global Export Forecast, VP and Chief Economist Peter Hall writes, “Growth remains elusive. […] Performance in the automotive, forestry, agri-food and consumer products industries is expected to continue contributing to overall strength. The outlook pegs no growth this year,…
