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US and Canada Manufacturing and Trade: June 2015
Read more: US and Canada Manufacturing and Trade: June 2015Canadian exports surged 6.3 per cent in June, according to Statistics Canada Wednesday, while imports fell slightly by 0.6 per cent, narrowing Canada’s trade deficit sharply to just under $0.5-billion. In the US, the Institute for Supply Management said also Wednesday its services sector index rose to 60.3, the highest reading since August 2005, a…
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Madison’s Forest Pulse 2Q 2015: PREVIEW RELEASE
Read more: Madison’s Forest Pulse 2Q 2015: PREVIEW RELEASEMADISON’S FOREST PULSE 2Q 2015 The information tool for your forest management and investment Our quarterly product is tailored to provide you with vital information about the North American solid wood, pulp, and paper industry at your fingertips in a timely manner. CLICK BELOW TO DOWNLOAD! ForestPulsePreview.pdf FOREST PULSE TESTIMONIAL: Michael Low | Director &…
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Madison’s Forest Pulse 2Q 2015: PREVIEW RELEASE
Read more: Madison’s Forest Pulse 2Q 2015: PREVIEW RELEASEMADISON’S FOREST PULSE 2Q 2015 The information tool for your forest management and investment Our quarterly product is tailored to provide you with vital information about the North American solid wood, pulp, and paper industry at your fingertips in a timely manner. CLICK BELOW TO DOWNLOAD! ForestPulsePreview.pdf FOREST PULSE TESTIMONIAL: Michael Low | Director &…
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Supercalendered Paper Export Duty
Read more: Supercalendered Paper Export DutyIn an ominous foreshadowing of what is to come for Canada’s softwood lumber producers, the United States Department of Commerce Thursday issued a preliminary ruling that Irving Paper’s Port Hawkesbury, NB, supercalendered paper exports into the US, along with those of several other Canadian companies, were being unfairly subsidized. That followed a preliminary finding last…
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Former Simpson Sawmill Site For Sale: Interfor
Read more: Former Simpson Sawmill Site For Sale: InterforIn a troubling move, Vancouver, BC’s, Interfor announced Friday that just five months after it completed its purchase of a Simpson Lumber Co. mill on the Tacoma Tideflats, the forest products company is putting it back on the market. The lumber mill was one of four Simpson properties Interfor bought for US$94.7 million in March.…
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US Home Sales, Prices: May and June 2015
Read more: US Home Sales, Prices: May and June 2015The House Price Index (HPI) data reported by the Federal Housing Finance Agency (FHFA) shows house prices rose at an annual growth rate of 5.4 per cent in May, higher than the 4.7 per cent in April and the 3.8 per cent in March. The Standard and Poor’s/Case-Shiller reported that the Home Price Index rose…
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Forest Company Quarterly Results: 2Q 2015
Read more: Forest Company Quarterly Results: 2Q 2015Interfor Corp, Resolute Forest Products, Tembec Inc, and Norbord all announced second-quarter 2015 financial results this week. Interfor Corp, out of Vancouver, BC, recorded Thursday a net loss of $20.6 million, or $0.29 per share, on sales of $429.7 million in Q2 2015 compared with a net loss of $0.2 million in the previous quarter…
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Cellulose Nanocrystal and Nanotechnology Research
Read more: Cellulose Nanocrystal and Nanotechnology ResearchOver 230 delegates from 25 countries gathered in Vancouver, BC, at the beginning of July for TAPPI’s 9th International Conference on Nanotechnology for Renewable Nanomaterials. “This year’s conference was exceptional,” noted co-chair Wadood Hamad, Priniciple Scientist, FPInnovations to Nano Werk July 8. “The keynote and technical presentations were of very high quality. The advancements made…
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Forest Practices Board Assesses
Read more: Forest Practices Board AssessesThe Ministry of Forests Land and Natural Resource Operations’ enforcement staff should consider attaching stiffer penalties to administrative actions against companies that violate regulations, the forest-industry watchdog reported, according to the Vancouver Sun Thursday. It also suggested that the Ministry of Forests publish its determinations to make them more of a deterrent. The BC Forest…
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Canada New Housing Construction Investment: May 2015
Read more: Canada New Housing Construction Investment: May 2015Spending on new housing construction totalled $3.9 billion in May, up 2.0 per cent from the same month a year earlier, according to Statistics Canada Tuesday. The increase at the national level came mostly from higher investment in apartment and apartment-condominium building construction, up 12.8 per cent to $1.3 billion. Higher spending on row house…
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US Home Sales, Prices: June 2015
Read more: US Home Sales, Prices: June 2015New-home sales fell 6.8 per cent in June from a month earlier to a seasonally adjusted annual rate of 482,000, the lowest reading since November 2014, the US Commerce Department said Friday. US new home sales fell 1.1 per cent in May, down from an initially reported 2.2 per cent increase. Sales jumped 28 per…
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Chicago Fed Index: June
Read more: Chicago Fed Index: JuneThe Chicago Federal Reserve’s national activity index the Chicago Fed National Activity Iindex (CFNAI) moved up to +0.08 in June from –0.08 in May, largely due to improvements in production- and employment-related indicators. Three of the four broad categories of indicators that make up the index increased from May, and two of the four categories…
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Seneca Breaks Ground
Read more: Seneca Breaks GroundMajor building upgrades are set to begin at Eugene, OR-based Seneca Sawmill Company Friday, said The Register-Guard. The company invited media to the start of a US$60 million overhaul of its dimension mill on Highway 99. The dimension mill processes logs with diameters between 12 and 40 inches. The upgrades will improve efficiency at the…
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Transportation Update: North America
Read more: Transportation Update: North AmericaBig news out of the US this week on the transportation front: a Senate plan to fund federal highway and rail transportation projects for three years advanced on a procedural vote on Wednesday, overcoming a roadblock to begin debate on the legislation. The legislation is expected to dominate Senate debate into next week but would…
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US Housing Starts: June 2015
Read more: US Housing Starts: June 2015New-home construction in the U.S. climbed in June to the second-highest level since November 2007 as builders stepped up work on apartment projects. Housing starts rose 9.8 per cent to a 1.17 million annualized rate from a revised 1.07 million in May that was stronger than previously estimated, figures from the Commerce Department showed Friday…
