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Former Skeena Pulp Mill Site Fined
The City of Prince Rupert has been fined $50,000 by Environment Canada for the illegal discharge of chemicals into the ocean from the old Skeena Cellulose pulp mill. The city pleaded guilty last week to violating the Fisheries Act. More than three years ago a toxic product from the pulp-making process was spilled from the…
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Sawmill Fires
Kansas City, MI, firefighters responded to a two-alarm fire at an old lumber company Thursday evening. The fire broke out in the 1300 block of East 31st Street in an area filled with old pallets. Firefighters said they called for an additional alarm because the pallets had the potential of becoming a much bigger fire,…
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Apartment Absorption Rates, US
Absorption rates for new rental and for-sale multifamily homes in America were roughly unchanged at the start of 2014, according to National Association of Home Builders (NAHB) analysis of data Monday. Completions of privately financed, unsubsidized, unfurnished rental apartments in buildings with five or more units were up during 2013. A total of 132,600 such…
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Japan Housing Starts
Total housing starts in Japan for April were 75,286 units, a 3.3 per cent drop from one year ago, and representing two months’ decline, according to Japan Lumber Reports. This is a slight improvement over March starts of 69,111, and brings seasonally-adjusted annual starts to 906,000. Housing Starts, Japan New construction of owners’ units in…
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US Treasury Budget Deficit
The Treasury May Monthly Treasury Statement released Wednesday reported a US$130 billion deficit in May 2014, down from US$138 billion in May 2013. For fiscal year 2014 through May, the deficit was US$436 billion, compared to US$626 billion for the same period in fiscal 2013. The Congressional Budget Office released their Updated Budget Projections: 2014…
