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Canada Sawmill Exports, Provincial Manufacturing Sales at Sawmills: OCT 2016
Canadian manufacturing sales in October dropped 0.8 per cent to C$48.7 billion after three-straight monthly increases, other sectors stepped in to make up for a decline in fossil fuels and the aerospace products and parts industries, said Statistics Canada last month. Vehicle parts, computer and electronic products and wood products sales increased for the month.…
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Donald Trump Appoints USTR Rep, Creates new White House National Trade Council
US President-Elect, former dubious real estate ‘developer’ and more recently known for appearing in reality TV shows, Donald Trump has appointed a new US Trade Representative and created a special White House council just for trade issues. Lawyer Robert Lighthizer is to head the US Trade Representative office, Trump’s transition team said Tuesday in a…
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ITC Softwood Lumber ADD/CVD Fact Sheet
THIS JUST IN FROM INTREPID CUSTOMS BROKER MIKE JONES AT BLIANE, WA : Dear Canadian Softwood Lumber Clients and Interested Parties; Please see the attached U.S. International Trade Administration Canadian Softwood Lumber ADD/CVD “Fact Sheet” outlining the U.S. DOC’s December 16th formal announcement of the initiation of ADD/CVD investigation of imports of certain softwood lumber…
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US Construction Outlook 2017: ConstructConnect
In US residential construction, the multi-family homebuilding segment has returned to a level of starts on a par with before the Great Recession, said Alex Car- rick, Chief Economist for ConstructConnect (formerly Reed Construction Data), December 1. Single-family groundbreakings, while considerably better than they were in 2010, are still languishing below their previous ‘norm’. Many…
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Anticipated Duties on Softwood Lumber to Dampen Canadian Wood Products Industry Outlook
Canada’s wood products manufacturers are on track to post pre-tax profits of $1.4 billion this year—their highest levels since 2004, according to The Confer- ence Board of Canada’s Canadian Industrial Outlook: Canada’s Wood Products Manufacturing Industry, released Wednesday. Going forward, however, the imposition of US duties on softwood lumber will slow export growth and weigh…