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West Fraser Buys, Canfor Closes
West Fraser Timber, out of Vancouver, BC, announced Thursday it has entered into an agreement to acquire Alberta’s Manning Diversified Forest Products, which has sawmill operations located in Manning, AB, and related timber harvesting rights, to be completed before the end of October, 2015. West Fraser plans to take the site’s lumber production to 130…
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Japan Housing Starts
Japan’s Ministry of Land, Infra- structure, Transport and Tourism released Japan’s housing starts for August, which were 80,255 units (up 8.8 per cent from the same month in the previous year), said Japan Lumber Journal Thursday. Owner-occupied and rental houses increased for four consecutive months, and built-for-sale houses turned to an increase from a decrease…
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Provinces Urge Canadian Government to Negotiate SLA
Cabinet ministers in both Nova Scotia and New Brunswick are expressing concern that Canada and the United States haven’t started renegotiating the softwood lumber trade agreement, according to Canadian Press Wednesday. As well, British Columbia Premier Christy Clark has called for Canadian officials to get to the negotiating table, said Globe and Mail October 11.…
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US Paper Duty and Tariff Against Canada
Canadian paper mills that produce glossy paper products will continue to pay cost-ly duties levelled against them last summer by the US Department of Commerce, reported CTV News Wednesday. In a decision released Wednesday, the department said it has determined that US imports of supercalendered paper from Canada have received countervailable subsidies ranging from 17.87…
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Question about Forestry Economics from Lumber Consumer:
that’s a good question! somebody in one of my LinkedIn groups asked: — Board Member at Eco Building Products Quantifying the 2015 NA Softwood Lumber Market in terms of USD “I have seen 2015 consumption forecasts at 54.1 billion BF but have not seen this put in USD terms. Suggestions greatly appreciated.” Madison’s Answer: Most…
