by Web Editor | Mar 18, 2016 | News
Global trade of softwood lumber reached a 10-year high in 2015, with lumber prices trending downward in many key markets over the course of the year, reports the Wood Resource Quarterly. A majority of the 20 largest softwood lumber-consuming countries in the world...
by Web Editor | Feb 22, 2016 | News
Ottawa and Washington have begun talks toward renewing a pact regarding the export of Canadian lumber to U.S. markets, Canada’s trade minister, Chrystia Freeland, told lawmakers here Thursday. Ms. Freeland said Canadian negotiators were in Washington last week...
by Web Editor | Jul 8, 2015 | News
Spot lumber prices, as reported by the industry publication Random Lengths, headed lower in the final months of 2014 before tumbling in the first 4months of 2015. At the end of April, spot spruce pine fir (S-P-F) 2×4 #2&Btr mill prices stood at $249 per...
by Web Editor | Mar 11, 2015 | News
Canada’s lumber producers should be a happy lot. The U.S. housing market is coming back, exports are rising and the Canadian dollar is cheap. But the industry has a wary eye on its own version of the doomsday clock – the countdown to the Oct. 12 expiry of a long truce...
by Web Editor | May 19, 2014 | News
Export Development Canada (EDC), the federal Crown corporation that provides financing to Canadian exporters, is forecasting that an increase in lumber shipments overseas will drive the B.C. economy for the next two years. The forestry sector is predicted to grow by...