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Catalyst Paper Bid
Catalyst Paper Corporation (CPC) has received an expression of intent for its acquisition from an international corporation with headquarters in India, it was publically revealed this week. If accepted, the acquisition would give Kejriwal Group International (KGI) majority control of CPC. The expression of intent details a transaction in which KGI acquires majority shares at…
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NAHB Analysis: Potential Softwood Lumber Duty Impact
“Even Modest Cap on Canadian Lumber Threatens 8,900 U.S. Jobs” “15% Tariff on Canadian Lumber Would Cost 4,666 U.S. Jobs” Tariff on Canadian Lumber Would Cost US Jobs National Association of Home Builders LINK Recent NAHB estimates show that a 15 per cent tariff on softwood lumber imported from Canada would have resulted in a…
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Softwood #LUMBER Wholesale Prices 05/27/16:
Madison’s Reporter @LumberNews 3m3 minutes ago Softwood #LUMBER PRICES 05/27/16: WSPF KD 2×4 #2&Btr US$326 mfbm, +$0; ESPF KD 2×4 US$425, +$5; Doug Fir green 2×4 $350, +$0. *OSB 7/16″ ON C$345 msf, +$0. All prices are net FOB mill in U.S. dollars per 1000 board feet unless otherwise noted. * denotes Canadian dollars per…
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US Housing Starts, Home Building: April 2016
April new home groundbreaking in the US increased 6.6 per cent to 1.17 million units, the Commerce Department said Tuesday. US housing starts rose 6.6 per cent to an annualized pace of 1.17 million units, as low mortgage rates continue to spur demand for home ownership. Building permits meanwhile climbed 3.6 per cent to a…
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Canada Housing Construction Investment: March 2016
Investment in new Canadian residential construction totalled $3.8 billion in March, up 9.7 per cent from the same month a year earlier, said Statistics Canada Friday. At the national level, higher spending on apartment and apartment-condominium buildings, which rose 19.9 per cent to $1.4 billion, and single-family dwellings, which increased 5.9 per cent to $1.9…
