Home Depot raises profit forecast as demand holds up

The Tree Frog Forestry News
May 17, 2022
Category: Today's Takeaway

Despite DIY-slowdown and housing-price corrections, Home Depot is raising its profit forecast. In related news: Japan to subsidize switch to domestic lumber; and fire damages Resolute sawmill in Ignace, Ontario. Meanwhile, a US bill is introduced to address trucking supply chain woes. 

In Forestry/Climate news: Dr. Werner Kurz on the role of forests in Canada’s carbon cycle; the WWF points to forest conservation in the USNew Zealand’s forestry and geothermal solution; renewing the argument for wood in the UK; and wildfire updates from BC; OntarioNew Brunswick; New Mexico; and Oregon.

Finally, Alberta Forest Products Association communication campaign wins top prize.

Kelly McCloskey, Tree Frog Editor

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