by Working Forest | Aug 21, 2019 | Archives
WASHINGTON, Woodworking Network – U.S. housing starts declined four percent in July with a large decline in construction of multi-family housing units, according to published reports. Housing starts fell to a seasonally adjusted annual rate of 1.191 million and the...
by Working Forest | Aug 21, 2019 | Archives
Bloomberg News Network — The world’s headlong dash to zero or negative interest rates just passed another milestone: Homebuyers in Denmark effectively are being paid to take out 10-year mortgages. According to Bloomberg News Network, Jyske Bank A/S, Denmark’s...
by Working Forest | Aug 21, 2019 | Archives
The Associated Press — Home Depot cut its sales expectations for the year as lumber prices slid and the company braces for the potential impact of tariffs on its customers. The Trump administration delayed most of the tariffs it planned to impose on Chinese...
by Working Forest | Aug 16, 2019 | Archives
Vancouver Sun — B.C’s Minister of Forests Doug Donaldson has hand-delivered a direct plea for federal help in dealing with the cascading affects of the growing crisis in British Columbia’s forest industry. According to a report in the Vancouver Sun, Donaldson...
by Working Forest | Aug 16, 2019 | Archive Articles, Articles
Global News — Tolko Industries says three of its wood mills in the Okanagan will temporarily shut down for two weeks. Citing the ongoing wood downturn, the company announced that its lumber plant and plywood plant in Armstrong, plus its White Valley veneer mill...
