by Web Editor | Jul 25, 2018 | News
In the last few months, lumber supply from Canada, United States’ biggest lumber provider, was shaken by a slew of factors like insect attack, forest fires and shortage of transportation. President Trump’s decision to impose a huge tariff on lumber imports...
by Web Editor | Mar 27, 2017 | News
A mini-trade war between the U.S. and Canada is set to send lumber prices higher. At issue is the price Canadian foresters charge to cut down a tree, which is known as stumpage. The Canadians charge less than their U.S. counterparts, explains Kevin Mason, managing...
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...
by Web Editor | Jul 15, 2013 | News
Investors should always be on the lookout for a long-term financial trend, take a position early, and then ride it for all it’s worth. Such an opportunity could now be emerging in lumber, a long depressed commodity that could be on the cusp of better things. RBC...