Wood is becoming an increasingly popular raw material – and not just in the construction sector. More and more private households and municipal authorities are also using wood for heating. All of which is driving competition for this desirable raw material. A team of researchers has been investigating the ecological, economic and social impacts that…
Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative Strength Index, or RSI, which measures momentum on a scale of zero…
The chief of the Pictou Landing First Nation made an impassioned speech before a legislative committee on Monday, about the negative impact the Boat Harbour effluent plant has had on the community. “Until you’ve lived in Pictou Landing and until you’ve actually talked to people from my community, you will never understand what Boat Harbour…
Gov. Paul LePage on Monday reiterated that he will not authorize roughly $11.5 million in voter-approved conservation bonds unless the Legislature approves a new plan to cut more timber on public land and use the new revenue to pay for heating assistance programs. Details were limited, but in a memo sent to lawmakers on the Agriculture,…
At a campaign stop at a Grande Prairie lumber mill, Progressive Conservative Leader Jim Prentice called for Alberta to diversify its economy. Prentice spoke Monday morning at the Weyerhaeuser plant, a Grande Prairie facility that also operates a cogeneration plant. “Our province really is at a turning point. We need, in the face of a…
If a moose falls in the forest, does anybody know? Based on a major five-year provincial study underway in the central Interior, biologists not only know but fly out on helicopters as soon as possible to determine cause of death. There are 175 moose fitted with radio-collars in five study areas, ranging from near Fort…
When you hear the word “boom” in the West, you usually think of the energy industry, but in the last 15 years, a timber boom has taken over. Thanks to the mountain pine beetle, a tiny ravenous bug that’s now chomped its way through over 40 million acres of forest in the U.S., forest managers…
A timber company has reached an 11th-hour, out-of-court settlement with a cattle rancher who claims that salvage logging of beetle-killed forests seriously altered the hydrology of his Chilcotin farmland. Randy Saugstad said Thursday that he considers the settlement with Tolko Industries a victory that should pressure the B.C. government to take closer control over logging…
Softwood lumber exports were 5-8% higher in Canada, Russia and the Nordic countries in 2014, but lumber prices fell toward year’s end on a strengthening U.S. dollar and weaker wood markets in Europe and Asia. Global trade of softwood lumber has continued to trend upward ever since the global financial crises in 2008. In 2014,…
In addition retired MNR forester Ron Waito’s comments on the decline of moose populations here in the Northwest (Moose Decline Follows That of Forest Industry — CJ, April 21), I would like to add a little more detail on the management of our forests over the last four decades. I am a retired MNR resource…