An unshackled US economy saw GDP growth of 33% but a covid resurgence threatens the recovery. In relates news: housing’s share of GDP remains elevated; mortgage applications are up again; housing stocks ride the boom; mortgage applications continue trending; and BC’s construction workers miss out on the lift. Companies in the news include: Enviva (sustainability report); Acadian Timber (Q3 earnings); C&C Wood Products (forest licence); Pacific Bioenergy (logging for pellets)l and Western Forest Products (highway blockade).
In Forestry news: the US administration announced plans to end Alaska’s roadless rule; a new study says Quebec could increase its harvest without undermining renewal; Alberta is overhauling its Forest Act; China’s forest carbon uptake is said to be understated; and a TED-Ed video talk on what if there were 1 trilling more trees.
Finally, with Halloween in sight, the ghosts of Hastings Mill reappear.
Kelly McCloskey, Tree Frog Editor