Domtar will temporarily reopen its Outardes sawmill in Baie-Comeau, QC on April 20, bringing back workers to clear inventory, Radio-Canada reported.
Wood Markets News
US Housing Affordability Improves Marginally in Q4
US housing affordability improved slightly in 2025Q4, with a median-income family needing 34% of earnings to purchase a median-priced new home, NAHB reported.
US Nonfarm Payroll Declines by 92,000 in February; Unemployment at 4.4%
US nonfarm payroll employment declined by 92,000 in February, while the unemployment rate rose to 4.4%.
US Existing-Home Median Mortgage Payments Drop Year-Over-Year in February
On Thursday, Redfin reported that the median US monthly housing payment was $2,591 during the four weeks ending March 1, […]
BC Budget Includes CA$30 Million in Wildfire Risk Reduction, Equipment, and Training
BC’s 2026 budget allocates CA$30 million to wildfire risk reduction, including FireSmart programs, contractor equipment support, and Indigenous forestry training.
Roseburg Restarts Construction on Dillard, OR, MDF Plant
Roseburg has restarted construction on its Dillard, Oregon, MDF plant, a project expected to employ more than 140 people when operations begin in late 2028.
Conifex Secures Loan and Restarts Mackenzie, BC, Sawmill
Conifex secured a CA$19 million loan from the Business Development Bank of Canada and restarted its Mackenzie, BC, sawmill in February.
US Mortgage Rates Little Changed in the Week Ending March 5
The 30-year fixed-rate mortgage averaged 6.00%, up from 5.98% the previous week, Freddie Mac reported.
US Job Cuts Fall in February
US employers announced 48,307 job cuts in February, down 55% from January and 72% from a year ago, CG&C reported.
US Weekly Initial Jobless Claims Hold Steady in the Week Ending February 28
The advance figure for seasonally adjusted initial unemployment claims was 213,000, unchanged from the previous week.