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Canada Residential Construction: April 2017
New housing construction investment totalled $4.6 billion in April, up 8.4 per cent compared with April 2016, said Statistics Canada also Thursday. Eight provinces posted gains, led by Ontario. Nationally, investment increased for every dwelling type. The gain was mostly due to spending on single-family dwellings, up $251.8 million to $2.4 billion. Six provinces posted…
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US Softwood Lumber Imports: 1Q 2017
Offshore imports of softwood lumber to the US continued to climb in early 2017 after increasing 43 per cent in 2016, according to the Campbell Group’s monthly Timber Trends Thurday. As Canadian producers have shifted their focus to markets outside of the US, attention has turned to the supply side of the US softwood lumber…
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Anti-Dumping Duty Rates announced — Softwood Lumber
Anti-Dumping Duty Rates announced — Softwood Lumber Canfor 7.72 percent Resolute 4.59 percent Tolko 7.53 percent West Fraser 6.76 percent All others (including Irving) 6.87 percent Lumber produced in NS, PEI, and NL, from timber harvested in those provinces, and so certified by the Atlantic Lumber Bureau, will be excluded from both AD and CVD.…
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US Lumber Production Increases in March, Up Slightly in 1Q 2017: WWPA
US lumber production increased 10.7 per cent in March compared to the month prior but declined 0.5 per cent from March 2016, according to statistics from the Western Wood Products Association’s Lumber Track. Production totaled 2.941 billion board feet (BBF) in March. Production in the West jumped 14.9 per cent over February, while output in…
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Canada and US Softwood Lumber Update: 1Q ‘17
New data this week out of Statistics Canada, on Canadian softwood lumber production and sawmill sales, as well as from the US Department of Commerce, on US coniferous wood imports and exports, give an excellent update to the economic state of the North American forest products industry for 1Q 2017. According to figures Wednesday from…
