The plan sets four pillars — secure competitive wood fibre, invest in modernization and innovation, expand domestic and international markets, and support workers and communities, and will feed into a formal Forest Sector Strategy by the end of 2026.
15-year fixed rate fell to 5.79%; both rates were below their levels a year earlier
Funding will support low-carbon wood technologies, mass timber housing, Indigenous participation and export diversification while ministers review Task Force recommendations
The firm will design wooden structures, while Hill International will consolidate project management.
Alan Haughie to retire after seven years, remaining as advisor through February 2027 to support annual report completion.
Single-family spending increased 1.4% in April while remodeling rose 0.4% and remained 7.5% higher year-on-year.
The official manufacturing purchasing managers index stood at 50.0 in May, down 0.3 points from April, while the composite PMI output index rose to 50.5.
State Farm, Allstate, Liberty Mutual, USAA and Farmers increase zero-payout claims from 36% a decade earlier.
15-year fixed rate climbs to 5.87% as pending home sales show three months of consecutive increases.
Inventory rises to a 9.4-month supply as the median price increases to $422,500.
Canadian import taxes reach about 45% for many producers supplying U.S. builders.
More than half of the 20 tracked metro areas post year-over-year declines, led by Seattle, while Detroit’s March reading is unavailable due to local recording delays.
Association cites a significant 20-year decline in wood use in construction and links faster wood building to investment, exports and jobs.
The 15-year fixed-rate mortgage averages 5.85%, higher than last week.
Builders face economic uncertainty and affordability challenges, including higher construction costs, labor shortages, and elevated financing expenses.
Completed construction floor space falls 40% from March, while floor area under development rises to 5,451 million m2.
The 15-year fixed rate also ticks down, averaging 5.71%.
Financing package supports thermally modified wood production and a 15% increase in direct jobs.
Deal adds three locations and brings total network to 14 sites across five southeastern states.
Ten-year Trex veteran with supply chain and manufacturing background takes on expanded role leading R&D and engineering.