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Category: Weekly Softwood Lumber Blog

  • CMD Construction Spending Forecast

    This week was held another excellent conference call at CMD (formerly Reed Construction Data) on the near- to mid-term US Construction forecast. Analysts Kermit Baker and Ken Simonson, out of the American Institute of Architects and Associated General Contractors respectively, and Canadian Alex Carrick of CMD. CMD US Construction Spending Forecast As always starting with…

  • US REO Inventory Down 23 per cent Y-o-Y: 1Q 2016

    FANNIE MAE reported Thursday the number of Real Estate Owned inventory declined to 52,289 at the end of 1Q 2016, compared to 79,319 at the end of 1Q 2015. FREDDIE MAC reported the number of REO inventory declined to 15,409 at the end of Q1 2106 compared to 22,738 at the end of Q1 2015.…

  • More on FPAC “30 by 30” Challenge

     As announced in last week’s issue of your Reporter, the Forest Products Association of Canada this week revealed details of it’s “30 by 30 Climate Change Challenge”. New FPAC CEO Derek Nighbor explained at PwC Forestry Week Wednesday in Vancouver, BC, that its companies aim to remove 30 megatonnes (MT) a year of carbon dioxide…

  • US Lumber Groups Support Timber Innovation Act

    The American Wood Council (AWC), American Forest Foundation (AFF), Binational Softwood Lumber Council (BSLC) and Southeastern Lumber Manufacturers Association (SLMA) today announced their strong support for the “Timber Innovation Act”, according to an American Wood Council release Monday. US “Timber Innovation Act” “Advancing the construction of tall wood buildings will help lower the cost of…

  • Conifex, Dunkley Sign

    Conifex Timber, out of Vancouver, BC, signed a cooperation agreement on timber harvesting activities in the Mackenzie Timber Supply Area with Hixon, BC, sawmilling company Dunkley Lumber on 12 April, Conifex announced Friday. According to the terms of the agreement, Dunkley acquires 50 per cent of the shares in an undisclosed subsidiary of Conifex at…