Housing Starts Increase In April
Housing starts across the U.S. increased in April 2.2% to 1.4 million according the U.S. Census Bureau and U.S. Department of Housing and Urban Development, New Residential Construction report released May 17. Notably, this is 22.3% lower than April 2022’s 1.8 million. Single-family home construction increased 1.6% to its highest level so far in 2023. Starts of apartment buildings and other multifamily projects also rose: The April rate for units in buildings with five units or more was 542,000.
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U.S. Forest Service Announces New Funding Opportunities
U.S. Forest Service Announces New Funding OpportunitiesThe U.S. Department of Agriculture’s Forest Service has announced up to $95 million in competitive grant funding through its Wood Innovations program for projects that advance innovative wood uses, expand...
Canfor Announces Non-Cash Asset Write Down, Impairment Charge
Canfor Announces Non-Cash Asset Write Down, Impairment ChargeCanfor Corp. has announced that it will record a non-cash asset write down and impairment charge totaling approximately $321 million in its fourth quarter of 2025 results. Of this amount, $215 million...
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