It was an optimistic John Allan who met with members of the Prince George media this morning to talk about all things forestry including the moving of the Prince George COFI office. …Allan says forestry is starting to emerge from what he calls the “grim years” created by the crash in the U.S. housing marking. Not only are housing starts in the U.S. increasing, he is hopeful starts will be in the 1.5 million range within 4 years. “If we have housing starts at that level, we will see pretty good markets for lumber.” But Allan says the U.S. housing market crash taught the forest industry a valuable lesion “We needed to diversify our markets, and we need to keep our markets diversified.”
Sep 20, 2012 250 News Prince George, B.C.
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