In 2017 Roseburg Forest Products announced it plans to build a $200 million, state of the art, LVL structural beams for residential and commercial construction […]
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News
Apple Commits $2.5 Billion Toward Affordable Housing
Apple has pledged $2.5 billion dollars to fight the affordable housing crisis in California. Strong growth in the tech industry over the past decade and […]
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Conifex Timber Inc. Completes Sales Transaction for Fort St. James Sawmill.
Conifex Timber Inc. has reported that they have completed the sales of their Fort St. James Sawmill with Hampton Lumber sales. The sale includes the […]
Read MoreU.S. Economy Grows 1.9% in Q3
The U.S. Commerce Department has reported that between July and September – Q3, the U.S. Economy grew 1.9%. Well above economists’ expectations but below Q2 […]
Read MoreSale of Canfor to Great Pacific Capital completed
Canfor Corporation shareholders have agreed to sell all remaining shares of the company to Great Pacific Capital at a price of $16 per common share […]
Read MoreMortgage Origination Volumes Best Since 2007
The Mortgage Bankers Association (MBA) has reported that due to lower mortgage rates and the resulting surge in refinances, mortgage origination volume is expected to […]
Read MoreHome Prices Heat Up in August
The S&P CoreLogic Case-Shiller National Home Price Index (NHPI) has been released. The NHPI rose 3.2% in August, up from the 3.1% gain in July. […]
Read MoreCanfor to Become a Privately Held Company
In a news release, Canfor Corp., announced (subject to shareholder approval) that an agreement has been struck for Jim Pattison’s, Great Pacific Capital Corp, to […]
Read MoreHome Prices Ease as New Single-Family Homes Sales Slow
In a report jointly published by the U.S. Census Bureau and the Department of Housing and Urban Development (HUD) it was reported that single-family home […]
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B.C. Logging Companies Struggling in Current Market
These are challenging times for the B.C. forest Industry and the logging industry has been particularly hard hit. Loggers are dealing with high fiber costs, […]
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