The Wall Street Journal (subscription only) reports that one of the reasons US housing starts have remained low in a strong economy is because there are “fewer small-time construction companies that build like crazy during boom years”. In other Business news: JD Irving expects to pay $45 million in lumber tariffs despite its reduced rate; while US lumber producers are relieved that Canada’s retaliation against Trump’s steel tariffs leave wood products largely spared.
Meanwhile, Business in Vancouver has these headliners today:
- BC forest companies see continued market expansion potential in Asia
- BC’s forest company employment falls 6% since 2014, despite revenue growth
- BC’s loggers hope the government’s sustainability review will mend its broken supply chain
Finally, modular wood stadiums and driverless logging trucks may be the next breakthroughs in technology?
–Kelly McCloskey, Tree Frog Editor