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Rising demand brightens future for battered, falling lumber stocks

by Working Forest | Mar 24, 2015 | Archives

Lumber stocks have taken a beating so far this year amid falling prices for the key construction commodity, but some investors see it as a buying opportunity, betting the U.S. housing market will bounce back and growth in Asia will remain steady. Lumber prices are...

Inquest into Prince George sawmill explosion to hear evidence from post-blast probe

by Working Forest | Mar 24, 2015 | Archives

Federal trade officials have launched an investigation of Canadian government subsidies to the Port Hawkesbury Paper mill, which two paper companies with mills in Maine argue unfairly undercut and damaged their business. The U.S. Department of Commerce has recommended...

Union pulls out of sawmill inquest over company’s contentious investigation

by Working Forest | Mar 24, 2015 | Archives

A union representing more than 9,000 forestry workers is withdrawing from a coroner’s inquest into the deaths of four sawmill employees because it says it lost confidence in the process to determine what went wrong before and after the blasts. A coroner’s inquest in...

Mountain Pine Beetle Still Active in South Okanagan

by Working Forest | Mar 23, 2015 | Archives

The devastation caused by the little mountain pine beetle is on the decline, but there are some areas in the South Okanagan that are still feeling the affects of this pesky insect. “We have had little mountain pine beetle activity in the past few years as it has...

CBU and B.W. BioEnergy researching value added products from birch trees

by Working Forest | Mar 23, 2015 | Archives

Cape Breton University is partnering with a New Waterford-based company to produce a valuable compound from birch bark that could be used for medical applications. CBU chemist Hisham Sleem is working on a process to extract and refine betulin, which sells for $150 per...
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