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The End of the Housing Boom will be when Mortgage Rates Rise In 2022

by Working Forest | Jul 28, 2021 | Archive Articles, Articles

Bill Conerly Senior Contributor Forbes   FORBES — The current housing boom will flatten in 2022—or possibly early 2023—when mortgage interest rates rise. There is no bubble to burst, though prices may retreat from panic-buying highs. The boom produced some...

Ottawa Valley forestry sector booming amid skyrocketing lumber prices

by Working Forest | Jul 28, 2021 | Archive Articles, Articles

OTTAWA BUSINESS JOURNAL — There may be more than 100 companies of all sizes already deeply immersed in Renfrew County forestry, but the 160-year-old industry is far from saturated. There’s always room for a few more, says Alastair Baird, the manager of economic...

Wildfires are causing the price of lumber to spike again

by Working Forest | Jul 23, 2021 | Archive Articles, Articles

CBC NEWS — The price of lumber rose at its fastest pace in more than a year on Thursday, after timber companies warned that wildfires in Western Canada are hurting their business. The price of a lumber futures contract jumped by more than 10 percent, triggering...

Lyall joins global timber research committee

by Working Forest | Jul 19, 2021 | Archive Articles, Articles

THE REMI NETWORK  — Richard Lyall, president of the Residential Construction Council of Ontario (RESCON), has been appointed to a steering committee of the Chicago-based Council on Tall Buildings and Urban Habitat (CTBUH) that will oversee a research...

Mass timber innovation investment continues to propel industry

by Working Forest | Jul 19, 2021 | Archive Articles, Articles

VANCOUVER, THE PROVINCE OF BC – Building on the success of the first intake of the Mass Timber Demonstration Program, the B.C. government is investing an additional $2 million to open a second intake. The funding will support the advancement of mass timber projects...
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