Conifex Timber Inc. has announced it is extending its temporary production curtailment at its Mackenzie B.C. mill for two additional […]
Wood Markets News
Headwinds Still Exist for Modular Construction
Modularization has always had strong support from those engaged in multi-family housing construction. It is well accepted for health care […]
South Korea Announces Preliminary Decision to Place Anti-Dumping Tariffs on Vietnamese Plywood
The South Korean Trade Commission (SKTC) is reporting that it has made a preliminary decision to place anti-dumping tariffs on […]
Consumer Confidence in Australia Records Largest Fall in 47 Years
According to a survey of 1200 adults across Australia, conducted by the Westpac Banking Corp., during the week of April […]
New Mill to Open in Valemount B.C. this Fall.
Amidst all of the mill curtailments and closing in British Columbia an announcement has been made about a new mill […]
Fire Damages Cap-Pele Sawmill Ltd., in Trois-Ruisseaux, New Brunswick, Canada
According to the daughter-in-law of the owner, Julie Doiron, a fire broke out in the shop at the Cap-Pele Sawmill […]
U.S Mortgage Rates Remain at Near All-Time Lows
Freddie Mac has reported the results of its Primary Mortgage Market Survey®. The weekly average rate for new mortgages, as […]
Bank of Canada Says COVID-19 Outbreak Set to Trigger Biggest Ever Near-Term Domestic Slump
The Bank of Canada said on Wednesday, that the COVID-19 outbreak was set to trigger the biggest ever near-term domestic […]
Canadian Home Sales Slump in March
The Canadian Real Estate Association (CREA) has reported that Canadian home sales slumped <-14.3%> in March from February as economic turmoil related […]
Housing Starts and Permits for March Begin Feeling the Impact of COVID-19 Pandemic
The U.S. Census Bureau has reported that privately‐owned housing starts in March were at a seasonally adjusted annual rate of […]