The Canadian Industrial Relations Board ordered thousands of rail employees back to work on Monday, The Canadian Press reported.
Wood Markets News
US New Residential Single-Family Home Sales Soar in July
New residential single-family home sales for July were at a SAAR of 739,000, 10.6% above the revised June rate of 668,000.
Georgia Lawmakers Aim to Boost State’s Struggling Forest Products Industry
Georgia lawmakers are looking for ways to boost the state’s struggling forest industry, Capitol Beat News Service reported.
Canadian Home Builders Association Q2 Housing Market Index Points to Lower Housing Starts and Sales Outlook
The HMI showed further deterioration in builders’ sentiment across key regions after a disappointing Q1 HMI report.
UPM Announces Curtailments at Its Kaukas and Kymi Pulp Mills in Finland
UPM is temporarily adjusting production at its UPM Kaukas and UPM Kymi pulp mills in Finland to meet current market conditions.
“Missing Middle” Multi-Family Construction Unchanged in Q2
The “missing middle” sector includes development of medium-density housing, such as townhouses, duplexes, and other small multifamily properties.
Stanford Engineers Develop Spray Gel to Protect Homes and Infrastructure From Wildfires
Stanford researchers have engineered a water-enhanced gel that could significantly improve how homes and infrastructure can be protected from wildfires, according to a feature by Interesting Engineering.
Canada Forces Arbitration in CN and CPKC Rail Labor Dispute, Ending Lockout
Trains are expected to start rolling again after the government forced CN and CPKC into arbitration with their labor union Thursday, The Associated Press reported.
US Existing-Home Sales Increase in July, Ending Streak of Four Declines
Total existing-home sales increased 1.3% in July from June to a seasonally adjusted annual rate of 3.95 million, NAR reported.
Canada and Nova Scotia Announce C$40 Million Investment to Plant up to 21 Million Trees by 2031
The governments of Canada and Nova Scotia announced a joint investment of more than C$40 million to plant up to 21 million trees by 2031 on private and public lands in Nova Scotia.