8 of 10 Canadian provinces post single-family construction gains

February 9, 2021
Category: Today's Takeaway

Residential construction in Canada continued to show strength for the 3rd straight month in December; while the share of US buyers purchasing homes reached a three-year high. Companies making headlines include: Pinnacle (Drax bid); Kruger Products (energy investment); Resolute (virtual office); Vicksburg Forest Products (mill expansion); Ritchie Bros. (management change); and Simpson Strong-Tie (record 2020 sales).

In Climate Change news: U of West Virginia researchers signal importance of forests; UK scientists warn misuse of climate models; and Forests2Market says industry should embrace the climate conversation. Meanwhile: BC pauses Spallumcheen logging proposal; bark beetle outbreaks threaten Colorado forests; and California addresses the treated wood waste issue.

Finally, CWC announces a Wood Wellness Summit on health-centred living using wood.

Kelly McCloskey, Tree Frog Editor

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