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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Bioenergy Key To Reopening Canfor’s Radium Sawmill
Canfor has begun the process of reopening its sawmill in Radium, B.C., and says bioenergy has been key for the company to get the operation up and running again. Canfor's Radium mill was shut down in 2009 along with similar operations in Kamloops and Prince George,...
California Governor Signs Bill Boosting State’s Timber Industry
Gov. Jerry Brown signed legislation Tuesday enacting a new tax on lumber sales and restricting legal damages for wildfires. The bill, AB 1492, was pushed through after midnight on the last day of the legislative session. Because it needed two-thirds support in the...
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