A joint NAFTA panel, made up of 3 Canadians and 2 Americans has given the U.S. 3 months to rethink […]
Wood Markets News
Jury awards $1.1Billion to Counties for not maximizing harvests on State forestlands, impact on timber supply not clear
A jury found in favor of a group of Oregon counties suing the State of Oregon for under harvesting on […]
Allowable Annual Cut for B.C. Lakes Timber Supply Area cut by 41%
Diane Nicholls, B.C. chief forester announced an immediate 41% reduction in allowable annual cut (ACC) for the Lakes Timber Supply […]
Existing Home Sales Rise 1.9% in October
The National Association of Realtors® (NAR) has reported that total existing home sales, which include single-family homes, townhomes, condominiums and […]
Builder Confidence Holds Steady in November
The National Association of Home Builders (NAHB) / Wells Fargo Housing Market Index (HMI) slipped 1 point in November, to […]
Canadian National Rail Strike Enters Second Day
Approximately 3,200 CN conductors, trainpersons and yard workers, represented by the Teamsters Union, remain off the job for the second […]
Sunbelt Forest Ventures Opens New Sawmill Located in Selma Alabama
Sunbelt Forest Ventures (SFV) has opened a new non-traditional sawmill facility in Selma Alabama. The facility was designed to use […]
Talks Between United Steel Workers and Western Forest Products End with No Resolution
According to a press release issued today from Western Forest Products Inc. (WPF) “… after resuming discussions with the United […]
Housing Starts & Permits Push Higher In October
The U.S. Census Bureau is reporting that privately-owned housing starts in Octobre were at a SAAR of 1,314,000. This is […]
Canadian Home Sales Hold Steady in October
After an impressive string of 7-month straight months of increased sales, the Canadian Real Estate Association (CREA) reports that October […]