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In Memoriam
It is with the deepest sadness that we must report the passing of Madison’s previous owner, Laurence Cater, August 25, 2016. On the advice of his father-in-law, Laurie bought this publishing company from Peter Madison in 1973. The two worked together for five years. Laurie retired as publisher of Madison’s Lumber Reporter and Madison’s Canadian…
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Canada Wood Products Exports, US Imports: Jan – June 2016
Exciting data out Thursday from Statistics Canada shows volumes of exports of Canadian wood products to the US for January to June 2016 are up +18 per cent (to world up +11.7 per cent) to 17.8 million cubic metres compared to 14.6 million cubic metres for the rst six months of last year. Elsewhere, the…
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Japan Housing Starts: June 2016
Japan’s housing starts in June were 85,953 units (down – 2.5 per cent from the same month in the previous year), according to the Ministry of Land, Infrastructure, Transport and Tourism, said the Japan Lumber Journal Friday. Although figure was below previous year’s for the first time in six months, when compared to the previous…
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US Negative Equity Rate, Home Property Values
According to the Zillow Negative 2Q Equity Report, released Thursday, the overall US negative equity rate as of the end of 2Q 2016 – the share of homeowners that were underwater, owing more to their lenders than their home was worth – was 12.1 per cent. That’s down from 12.7 per cent in 1Q and…
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Softwood Lumber Negotiations Lack of Update
Canada and the United States remain “far apart” on several important points concerning a new agreement on softwood lumber, according to the Canadian government’s chief negotiator, said CBC Thursday. Testifying before the House of Commons committee on international trade on Thursday, Martin Moen, an official with the department of Global Affairs, said there have been…
