Poised for Growth

“Analysts are saying the Canadian forestry industry is poised for growth. Although the industry has long been an underdog, many factors are converging to support higher prices in the years ahead.

Canaccord Genuity has a bullish outlook on the lumber market for mid-to late 2011 and 2012. They believe that supply side constraints, such as the implications of the mountain pine beetle in western Canada, will help lift prices later in 2011.”

Lumber may finally pay off for investors

Tuxedos and Pyjamas

“The $29 ticketed event has been sold out for weeks. It included an English-inspired breakfast with bangers and roasted tomatoes, and a tiered dessert tray with stewed prunes, and the ultimate royal staple: scones with strawberry jam and Devonshire clotted cream.”

Vancouverites rise and shine with the royals

Hundreds gather in tuxedos, tiaras, and pyjamas to celebrate the Royal Wedding at the Empress

US Housing

Conflicting market conditions at present, according to this interesting article in The Wall Street Journal.

Buyers’ Market?  Stressed Sellers Say Not So Fast

“In other evidence that housing market woes may be settling, home builder Pulte Group Inc reported a smaller-than-expected quarterly loss. The nation’s second largest home builder said order cancellations had fallen and that it did not need to offer more incentives to lure customers.”

Pending Home Sales Rose 5.1 percent in March

NLA Magazine

The Building Products Connection magazine arrived in the mail yesterday, our first issue since joining the Northwestern Lumber Association as an Associate Member.  The web edition is available here.  There’s plenty of interesting information between the glossy ads – I was particularly drawn to an article entitled “The Facebook Employee: Employment Issues in a Web-Based World.”  A lawyer, Ken Wentz cautions “the infusion of technology, electronic communications, and networking in the workplace carries risk.”  And while he expresses the usual concern about the drain on productivity from “social NOTworking” sites, he acknowledges their power in generating contact lists, potentially leading to questions of ownership between employers and employees.