Fannie Mae’s Economic and Strategic Research Group has reduced its outlook for economic growth over the entire year from 2.2% […]
Wood Markets News
Conifex Timber Inc., Extends Curtailment at Mackenzie B.C. Mill
Conifex Timber Inc. has announced it is extending its temporary production curtailment at its Mackenzie B.C. mill for two additional […]
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 […]