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 | Mar 28, 2014 | News
Canada says it has won an international ruling on export charges levied under the Canada-U.S. softwood lumber agreement. Trade Minister Ed Fast says the London Court of International Arbitration has ruled in favor of the Canadian position that export charges should...
by Web Editor | Dec 4, 2013 | News
U.S. lumber prices are getting chopped after notching seven-month highs, as the market hunkers down for a seasonal decline in construction and expected higher production next year. But demand for U.S. boards and planks from China, Japan and the Caribbean to structure...
by Web Editor | Nov 1, 2013 | News
The head of West Fraser Timber warned Tuesday that demand for lumber can be volatile through the winter as the recovery in the U.S. housing market continues to be slow. Lumber prices were up in the third quarter, helping boost the Vancouver-based company’s...
by Web Editor | Apr 26, 2013 | News
Canadian Lumber Producers Angry Over Rail Bottlenecks Canada’s lumber producers ought to be enjoying the fruits of a U.S. housing recovery. Trouble is, they can’t take full advantage of it. The forestry companies say that a shortage of rail cars is causing them to...