Canada’s 2024 budget: $53B in new spending, focus on housing

The Tree Frog Forestry News
April 17, 2024
Category: Today's Takeaway

Canada’s 2024 budget prioritizes new housing, includes $53 billion in new spending. In related news: FPAC welcomes budget carveout for innovative building products; while other pundits focus on new taxes, climate implications and inflation concerns. In other Business news: Western Forest Products indefinitely curtails Alberni, BC mill; Domtar’s Tennessee mill is fined for emission; and Greif opens a new packaging mill in Dallas. Meanwhile, code changes allowing 18-storey timber buildings are welcomed by Element5, and the University of Northern BC.

In other news: New Brunswick takes firefighting readiness to a new level; a Washington state court clears way for carbon storage on public lands; the US Forest Service blames market factors for Dakota mill closures; US timber crisis has implications for the environment; and California researchers say arctic and boreal latitudes are warming fast.

Finally, on Earth Day April 22nd — thank active forest management and Montana’s loggers.

Kelly McCloskey, Tree Frog Editor

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