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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Canada, EU Sign Historic Trade Agreement During Summit
Canadian Prime Minister Justin Trudeau, together with Donald Tusk, President of the European Council, and Jean-Claude Juncker, President of the European Commission, signed the Comprehensive Economic and Trade Agreement (CETA) during Sunday’s European Union-Canada...
Possible U.S. Trim Of Lumber Imports Fought By Canada
The Canadian government is warning U.S. politicians about the consequences of a possible new softwood lumber dispute. A letter from International Trade Minister Chrystia Freeland and David MacNaughton, the Canadian ambassador to Washington, went out today to two-dozen...
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