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Recent Articles

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Walmart Canada's largest store, located in Mississauga, Ontario, reopens after 18 months of renovations; 223,000-sq-ft store now features dynamic shelf labeling, as well as digital store navigation screens to assist shoppers

Macquarie downgrades James Hardie to neutral, noting US interest rate reduction had been key catalyst for R&R market's H2 recovery; analyst now expects first Fed rate cut in December versus July, and shift in narrative will hold back broader recovery

Houzz: Home renovation expenses rise 60% since 2020 due to higher product/labor costs, with median spending at US$24,000 in 2023 and kitchens the priciest upgrade; despite costs, need to update aging housing stock fuels strong demand for home improvement

Zacks: US Census Bureau reports dip in construction spending for February, but private residential construction and R&R show growth; Toll Bros., Century Communities, Installed Building Products, Armstrong World among companies that should gain from trend

RBC maintains West Fraser at outperform with US$97 target after meeting with WFG team, likes its low-cost focus, strong balance sheet; OSB and lumber markets have decoupled, with OSB being more exposed to new residential construction, and lumber to R&R

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