News

U.S. builder confidence for new single-family homes in June decreased for the sixth straight month, decreased two points from May to 67, the lowest reading in two years, according to the National Association of Home Builders/Wells Fargo Housing Market Index (HMI). The HMI component gauging current sales conditions dipped one point to 77 and the

Canadian building construction investment in April was up 2.7% from March to $20.9 billion (CAD). Residential construction spending grew 3.2% to $15.7 billion over March, and non-residential totals were 1.4% higher in April at $5.3 billion. Single-family spending rose 4.5% from March to $8.8 billion and multi-unit levels increased 1.5% to $6.9 billion in April.

Seasonally adjusted Canadian wood product sales in April were $4.5 billion (CAD), down 6% from March and 10.4% lower than the comparable month in 2021. Sales of furniture and related products totaled $1.3 billion, rising 1.1% from March and jumping 22.1% over April 2021. Canadian manufacturing sales for all industries increased 1.7% from March to

Hotel reservations are now available for CPA’s Fall 2022 Meeting, September 11-13 at the Fairmont The Queen Elizabeth hotel in Montreal, Quebec. The meeting begins on Sunday with the Welcome Reception at 6:30pm and concludes on Tuesday afternoon with the Board of Directors Meeting. The Fairmont is located approximately 12 miles from the Trudeau International airport

CPA met with Health Canada on Friday, June 3 to discuss an alternative approach to the declaration recordkeeping requirements that would overly burden fabricators and retailers when complying with the Canadian formaldehyde regulation beginning January 7, 2023.  To address those issues, representatives from Kitchen Cabinet Manufacturers Association (KCMA), the American Home Furnishing Alliance (AHFA) and

U.S. Customs and Border Protection (CBP) announced the reversal of its January 27, 2022 determination stating that BGI Group, dba U.S. Cabinet Depot, had evaded countervailing and antidumping duty orders on wooden cabinets and vanities from China.  CPB found that American Kitchen Cabinet Alliance, the group that filed the grievance, did not sufficiently support its