Canada, US housing remains strong, US sawmill margins on the rise

October 1, 2020
Category: Today's Takeaway

Strong housing demand combined with record lumber prices has lumber companies in the US reaching record profits. In related news: US pending home sales reach record high; optimism in Canada rises despite 2nd Covid wave; and US economists worry about impact of weaker-than-expected jobs data. Elsewhere, wood design education goes virtual; mass timber is on Delta’s horizon; Built Green on how to enhance wellness; and the Softwood Lumber Board continues to increase wood’s market share.

In Forestry/Climate News: timber losses from hurricane Laura exceed $1.1 billion; more death and forest destruction in the US West; Oregon highways reopen as some Ontario firefighters head home; and Trump talks forest management in the election debate.

Finally, a new plume of California wildfire smoke is heading for BC. Rats!

Kelly McCloskey, Tree Frog Editor

Read More