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Low Loonie means more revenue for Alberta's forestry sector
Alberta's Forestry Sector is taking advantage of the low Canadian dollar. The Loonie closed Friday at 78.5 cents to the US buck. The Alberta Forest Products Association says because most Alberta lumber and paper products are exported, it means more business and revenue, especially as the US economy continues to rebound. The Association's Brock Mulligan told the Alberta Morning News, there were 1 million housing starts in the US this year. "The peak of US housing was about 2 million starts,...

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