Residential construction rose 2.5% in January, reaching a record high rate (seasonally adjusted). In related news: total US construction also increased; while rising costs for new homes is pricing buyers out of the market; and Canada’s housing chief acknowledges error in last year’s housing forecast. In other Business news: BC is encouraged to focus on leading export industries to kick-start economy; and China extends tariff exclusion on imported hardwood products.

In Carbon/Climate news: new research says temperate rainforests are altered by climate change; US Carbon Capture Coalition releases policy blueprint; tax credit for wood and pellet heating is signed into US law; Banff Alberta is converting wood waste into energy; and Rayonier quantifies its net positive climate impact.

Finally, Canada’s Ambassador to the US will speak at COFI, while SFPA elects new officers; and Tolko celebrates Orange Shirt Day.

Kelly McCloskey, Tree Frog Editor