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More Softwood Lumber Agreement Conversation
Read more: More Softwood Lumber Agreement ConversationLiberal MP for Cumberland-Colchester,NS, Bill Casey, raised the issue of a softwood lumber agreement in the House of Commons Tuesday, according to Cumberland News Now Wednesday. Said Casey. “The softwood lumber industry in Atlantic Canada is different from the industry in the rest of Canada, and it’s essentially the same as the industry in New…
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Update on Wood Framed Multi-Storey Building
Read more: Update on Wood Framed Multi-Storey BuildingTwo new cross-laminated timber production facilities will be built in Australia, while Portland, Oregon’s, 12-story high rise in the Pearl District made out of Cross-Laminat– ed Timber is moving forward into its next phase of design, development and testing. New Multi-Storey Wood Framed Building Projects The Border Mail reports that XLam, which makes structural timber,…
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US Building Lot Shortage: May 2016
Read more: US Building Lot Shortage: May 2016NAHB’s measure of lot shortages hit a new record in May. In answer to special questions on the survey for the NAHB/Wells Fargo Housing Market Index, 64 percent of builders reported that the supply of lots in their markets was low or very low—up from 62 percent last year and the highest the lot shortage…
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US Home Sales, Home Prices, Building Lot Shortage
Read more: US Home Sales, Home Prices, Building Lot ShortageThe US Census Bureau and the Department of Housing and Urban Development released data Tuesday showing the pace of new home sales came in at 619,000 on an annualized basis, increasing 16.6 per cent on a monthly basis and 23.8 per cent year-over-year. US Home Sales: April 2016 New home inventory ticked down to 243,000…
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US Home Sales, Home Prices, Building Lot Shortage
Read more: US Home Sales, Home Prices, Building Lot ShortageThe US Census Bureau and the Department of Housing and Urban Development released data Tuesday showing the pace of new home sales came in at 619,000 on an annualized basis, increasing 16.6 per cent on a monthly basis and 23.8 per cent year-over-year. US Home Sales: April 2016 New home inventory ticked down to 243,000…
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Catalyst Paper Bid
Read more: Catalyst Paper BidCatalyst 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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USDA Softwood Lumber Checkoff Unlawful in US
Read more: USDA Softwood Lumber Checkoff Unlawful in USA US federal judge has ruled the USDA violated the law in creating the softwood lumber checkoff, which raises money to promote the use of US and Canadian wood in US construction, according to Capital Press Thursday. Companies that manufacture more than 15 million board-feet of lumber a year — enough to build 1,000 homes…
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NAHB Analysis: Potential Softwood Lumber Duty Impact
Read more: 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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NAHB Analysis: Potential Softwood Lumber Duty Impact
Read more: 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:
Read more: 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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Softwood #LUMBER Wholesale Prices 05/27/16:
Read more: 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
Read more: US Housing Starts, Home Building: April 2016April 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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Chicago Fed National Activity Index: April 2016
Read more: Chicago Fed National Activity Index: April 2016Led by improvements in production-related indicators, the Chicago Fed National Activity Index, released Thursday, rose to +0.10 in April from –0.55 in March. This index is a weighted average of 85 indicators of national economic activity drawn from four broad categories of data. Led improvements in production-related indicators, the Chicago Fed National Activity Index (CFNAI)…
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Canada Housing Construction Investment: March 2016
Read more: Canada Housing Construction Investment: March 2016Investment 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…
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Canada/US Softwood Lumber Negotiation Update
Read more: Canada/US Softwood Lumber Negotiation UpdateLast week when speaking about the softwood lumber negotiations between Canada and the US with Vaughn Palmer at the Vancouver Sun, British Columbia Premier Christy Clark said, “But we just haven’t seen enough movement from the American side of the table.” Madison’s confirmed this update with insiders to the talks: “Both sides have exchanged proposals…
