-
Canada Housing Starts
The pace of Canadian housing starts slowed in January with a steep drop in multiple-unit homes, an indication builders are adjusting to a slowdown in buyers, according to Canada Mortgage and Housing Corporation (CMHC) Monday. The agency estimates there were 11,737 actual housing starts in January and that is extrapolated to a seasonally adjusted annual…
-
Lumber Production Up : Jan – Nov 2013
US sawmills produced 27.66 billion board feet (bbf) of softwood lumber in the first 11 months of 2013 – up 5.7 per cent from 26.161 bbf a year earlier, according to the Western Wood Products Association’s Lumber Track February 10. Western US sawmills accounted for 12.534 bbf of the monthly total, a gain of 7.5…
-
Call for Nominations, SLB
The Softwood Lumber Board (Board), which administers a national research and promotion program for softwood lumber, is seeking nominees to fill seven seats on the Board. The US Department of Agriculture (USDA), which oversees the program, would like to encourage all eligible industry members to participate in the process. The Board is composed of 19…
-
Canfor Reports
Canfor Corp, out of Vancouver, BC, Wednesday posted a higher 4Q 2013 profit, boosted by strong lumber prices and an increase in pulp production and shipments. The company said it expects lumber consumption to continue to rise in 2014 due to US demand and offshore markets. Netincome attributable to shareholders rose 31 per cent to…
-
USDA Invests in Forests
The US Department of Agriculture said Thursday it will spend US$30 million this year on forest restoration projects in 12 states to reduce the threat of wildfires, protect water quality and improve wildlife habitat for at-risk species. Those first 13 projects will be the start of a multi-year initiative to improve the health of forests…
