Tag: WFT.TO

This month was held the annual British Columbia Truck Loggers Association AGM in Vancouver, BC, where the Premier of BC, John Horgan, announced $5 million in funding to assist contractors at risk of losing equipment to the banks. The move is in response to this record-breaking seven month strike, and is intended to pay existing…

prices for commercial/residential heating wood pellets in the US are quite a bit higher than in Canada (when converting USD to CAD) UNITED STATES Commercial/Residential Heating Wood Pellet Prices as well, the relationship between US retail and wholesale heating wood pellet prices is far more correlated than in Canada there is a peak in US…

While benchmark construction framing softwood lumber commodity Western Spruce-Pine-Fir 2×4 held firm last week, prices of a lot of other dimension lumber items did pop up somewhat. The lumber supply-demand balance across North America is currently quite good, if not a little in favour of producers. Harsh weather in several regions, especially in Canada, over…

New home building in the United States skyrocketted, by almost 17%, last month however this is after an almost equally sharp drop in November. Reasonably clement weather in the densely-populated US northeast last week allowed for quite robust construction activity, providing softwood lumber sellers the opportunity to hold prices mostly flat. Sudden winterly weather hit…

As expected by most softwood lumber players at the end of last year, the generally buoyant demand for construction framing dimension lumber products at the end of 2019 carried through to somewhat strengthening prices in the first week back to work for sawmills across Canada and the US in 2020. The latest round of sawmill…