Home builders and lumber stocks get reality check

July 18, 2019
Category: Today's Takeaway

US home builder stocks follow lumber producers down as sagging housing news takes its toll. In related news: US lumber is up while Canadian production is down; Fort St. James declares financial crisis due to mill closures; Canfor looks to repurpose its shuttered Vavenby sawmill; and a labour ruling has some Western Forest Products contractors heading back to work. 

In Forestry/Climate news: BC takes action on threatened old-growth, protects 54 groves with iconic trees—including the Big Lonely Doug; Canada invests in First Nations conservation and in forest-based solutions to plastic waste; researchers take stock of Canada’s urban forests; and BC builds the case for more mass timber construction.

Finally, gaps in wildfire science leave Canadian researchers fighting blind.

Kelly McCloskey, Tree Frog Editor

Read More