Market forecasters see diverging paths

February 12, 2019
Category: Today's Takeaway

Might be time to break out the Magic 8 Ball, as market prognostications abound. MarketWatch sees a bear-market correction; Wood Business looks on the bright side; Random Lengths reports momentum but also hints of caution; CMHC says Canadian housing starts are steady; and according to one US journalist—Rolling Stone Chuck Leavell can’t get no timber satisfaction.

Companies in the news: Western Forest Products’ CEO on its commitment to BC manufacturing; Paper Excellence is closer to acquiring Catalyst Paper; Resolute opens path to Fort Frances mill demolition; and Georgia Pacific closes its Glynn Country Georgia sawmill. Elsewhere; the BC Institute of Technology graduates its first class of experts in industrial wood processing.

Finally, the Great Bear Rainforest hits the big screen and the classroom.

Kelly McCloskey, Tree Frog Editor

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