Tag: Softwood Lumber Prices

  • British Columbia New Government Budget Revealed: Forestry

    The newly-elected BC provincial government earlier this year has released it’s budget plan, for the general economy and for the forests ministry. There are some changes in the dollars for the 2017/18 estimate from the previous year. Madison’s caught up with the BC Ministry of Forests, Lands, Natural Resource Operations and Rural Development Thursday to…

  • Softwood Lumber, Storms, and NAFTA

    News out late in the afternoon Thursday suggests that some Canadian negotiators are considering trying to add softwood lumber in the North American Free Trade Agreement, or NAFTA. According to Global News, Canada’s ambassador to the US, David MacNaughton, expressed frustration at the US industry using what is effectively its veto power to block any…

  • Canada Sawmill Fires

    A devastating fire at Port Dover, ON’s, Porter Lumber Wednesday morning is expected to have caused $3 million in damage to the solid wood production facility, said the Simcoe Reformer. No injuries were reported. However, damage is pegged at $3 million. The property was not insured. As well, the local fire department was called Wednesday…

  • North American Sawmill Capacity Utilization and Lumber Production: June 2017

    Rates of production as percent of practical capacity for North American sawmills for June 2017 rose from May to 85% in the US, compared to 86% the previous year and 86% for full year 2016, said the latest issue of the Western Wood Products Association Lumber Track Monday. Capacity utilization of sawmills in Canada for…

  • British Columbia Lumber Exports: July 2017

    British Columbia lumber export values are up +3 per cent for 2017 year-to-date July compared to the same period in 2016, to $8.23 billion compared to $8.02, said the Competitiveness and Innovation Branch, Ministry of Forests, Lands, and Natural Resource Operations Wednesday. British Columbia Lumber Exports: July 2017 Exports of lumber by value is down…