Articles

Canada invests $4.3 million in local conservation projects

August 21, 2019

VICTORIA, Cision News Wire — The Minister of Environment and Climate Change, Catherine McKenna, announced more than $4.3 million to support 49 new conservation projects across Canada, over the next three years. These projects focus on protecting priority places, species, and sectors and recovering multiple land-based species at risk and their ecosystems. Many of the projects

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Molson Coors to remove plastic packaging from its Carling and Coors Light brands

August 21, 2019

BURTON-UPON-TRENT, UK , –Molson Coors in the UK and Ireland is removing the plastic packaging from its Carling and Coors Light brands, as part of new global packaging goals. The brewer will remove the plastic film wrap from large multipacks by the end of March 2020, replacing the plastic wrap

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U.S. housing starts decline

August 21, 2019

WASHINGTON, Woodworking Network – U.S. housing starts declined four percent in July with a large decline in construction of multi-family housing units, according to published reports. Housing starts fell to a seasonally adjusted annual rate of 1.191 million and the pace for June was revised downward, according to the Department

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Negative mortgages set another milestone in no-rate world

August 21, 2019

Bloomberg News Network — The world’s headlong dash to zero or negative interest rates just passed another milestone: Homebuyers in Denmark effectively are being paid to take out 10-year mortgages. According to Bloomberg News Network, Jyske Bank A/S, Denmark’s third-largest lender, announced in early August a mortgage rate of -0.5 percent,

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Home Depot cuts outlook citing tariffs, lumber prices

August 21, 2019

The Associated Press — Home Depot cut its sales expectations for the year as lumber prices slid and the company braces for the potential impact of tariffs on its customers. The Trump administration delayed most of the tariffs it planned to impose on Chinese goods last week and dropped others

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B.C. minister asks for urgent federal help with forestry sector crisis

August 16, 2019

Vancouver Sun — B.C’s Minister of Forests Doug Donaldson has hand-delivered a direct plea for federal help in dealing with the cascading affects of the growing crisis in British Columbia’s forest industry. According to a report in the Vancouver Sun, Donaldson wrote to federal Natural Resources Minister Amarjeet Sohi asking for

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Tolko Industries announces more downtime

August 16, 2019

Global News — Tolko Industries says three of its wood mills in the Okanagan will temporarily shut down for two weeks. Citing the ongoing wood downturn, the company announced that its lumber plant and plywood plant in Armstrong, plus its White Valley veneer mill in Lavington, will temporarily close. The

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