Coronavirus crisis takes toll on global stock markets

February 28, 2020
Category: Today's Takeaway

The US stock market fell again in early trading today, bringing the seven-consecutive-day coronavirus-fuelled-drop to minus-15 percent. In other Business news: trade troubles mean large declines in Vancouver’s port trade; and the Softwood Lumber Board reports hundreds of building projects were converted to wood in 2019. 

Companies making news include: Woodco’s growth in Barriere BC; Canoe Forest Products securing a tax break from the Salmon Arm City Council; some Kenora Forest Products’ bankruptcy optimism; Domtar/EACOM’s Espanola rail line update; Maibec acquires LP’s East River, Nova Scotia siding plant; and Boise Cascade’s Q4 and 2019 results. Meanwhile: opposition Liberals pan BC’s budget and its caribou action plan; while California braces for an intense wildfire season after an abnormally dry winter.

Finally, it’s a Leap Year! Ladies, have you made you proposal plans?

Kelly McCloskey, Tree Frog Editor

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