Hoya Capital says a decade of underbuilding and mortgage debt service ratios at historic lows points to strong housing markets. In related news: the construction sector is hiring; dealers are underbought; softwood lumber prices are rising; and SYP is at a two-year high. In other Business news: a new pellet mill is planned for the Slave Lake, NTW; and Port Alberni’s Community Forest pays large dividend.

In other news: US predicts growth in biomass energy generation; Bayer’s Roundup settlement hasn’t ended its troubles; Kimberly-Clark vows to halve its environmental footprint; Walmart ups its requirement for certified paper sourcing; and Georgia considers early adoption of mass timber code changes.

Finally, Alberta’s grizzlies need more space while BC’s spirit bear needs more protection.

Kelly McCloskey, Tree Frog Editor