Doman Building Materials Group Ltd T.DBM

Alternate Symbol(s): CWXZF

Industrials Industrial Distribution

Doman Building Materials Group Ltd. is an integrated national distributor in the building materials and related products sector. The Company operates various distinct divisions with multiple treating plants, planing and specialty facilities and distribution centers coast-to-coast in various cities across Canada and select locations across the United States. The Company operates 19 treating plants, two specialty planing mills and five specialty sawmills located in eight states, distributing, producing and treating lumber, fencing and building materials servicing the central United States; it serves the United States west coast with multiple locations in California and Oregon; and in the state of Hawaii the Honsador Building Products Group services 14 locations across all the islands. The Company’s Canadian operations also include ownership and management of private timberlands and forest licenses, and agricultural post-peeling and pressure treating through its Doman Timber operations.

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Doman Building Materials Group Ltd > New homes required

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Post by Donwaanon Feb 22, 2024 12:13pm

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Post# 35893505

New homes required

CIBC economist Benjamin Tal warns that the CMHC has significantly underestimated the number of new homes required in Canada. Mr. Tal says CMHC's forecast falls 1.2 million short even though CMHC estimated an extra 3.5 million homes would be needed by 2030 to meet demand. The CMHC report found that most demand for new homes is in ON and BC. https://www.stockwatch.com/News/Item/Z-C!BMO-3515221/C/BMO

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