CN Rail settles, lumber prices are up, US housing remains strong

November 27, 2019
Category: Today's Takeaway

Although the negative impacts will linger, encouraging news on CN Rail’s work stoppage; US GDP, new home sales and softwood lumber prices. In other Business news: Western Canadian Timber Products lays off 50; communities grapple with lack of progress on Western Forest Products’ strike; idled Canfor workers are now eligible for assistance; and Northern Pulp’s effluent report is panned for lack of details.

In other news: a BC Supreme Court judge rejects ENGO petition against BC Timber Sales; Oregon’s recent forestry court ruling could devastate the state’s budget; and how the US-China trade war works against sustainable forest management.

Finally, wind turbine towers built with timber rather than steel.

Kelly McCloskey, Tree Frog Editor

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