New home construction, builder confidence rise in October

November 18, 2020
Category: Today's Takeaway

October home construction starts rose in Canada and the United States, as builder confidence reached new record high. In related news: lumber prices and overall building materials prices stabilized; and homebound residents fuel increased demand for fencing. In other Business news: Canfor sells Fort Nelson tenure to pellet producer Peak Renewables; California utilities are sued over wildfire damage; and US mass timber suppliers are on the rise.

In Forestry/Climate news: BC First Nations want to be “heard now, not later“; ENGO’s pan BC’s caribou strategy; a US study says climate change threatens commercial forestry; and burning wood found to be more climate friendly than coal or natural gas in the Kingdom of Denmark.

Finally, the world’s largest ocean-going, zero-carbon, cargo ship is being made of… wood!

Kelly McCloskey, Tree Frog Editor

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