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November 26, 2018 |
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U.S. softwood lumber demand is expected to continue its upward trajectory from the lows of the global financial crisis of 2008-2009, reaching an all-time high by mid 2020s, according to a newly released U.S. Lumber Outlook Study.
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Higher rates: yes. Larger annual revenues: yes. But add to that higher costs and lower profits and you’ve got unhappy loggers in the B.C. Interior.
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The tests involved two platooned trucks hauling logging trailers on resource roads between a Resolute Forest Products sawmill and the company’s logging site 75 km away.
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CFI toured Eganville, Ont.-based Lavern Heideman & Sons, which recently invested $17 million to upgrade their sawmill, adding a new large-log line, two dry kilns and more. Vice-president Kris Heideman gave us a warm welcome!
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“This transformational growth will allow Canfor to further diversify and secure a worldwide fibre supply to meet the growing demand of our customers for high-quality wood products,” said Canfor president and CEO Don Kayne.
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B.C.’s forests are diverse and impressive, and the photos CFI have received so far as part of our third annual forestry photo contest, in partnership with COFI, reflect this. Check out our submissions-to-date and enter by Dec. 15 for a chance to win a $500 Canadian Tire gift card.
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The question at hand: Why is there apparently no price difference between Canadian sales to domestic markets and sales to U.S. export markets? The short answer: because the Canadian market is too small.
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January 16 – 18, 2019
Location: Vancouver, B.C.
» Learn more
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