The Canadian Industrial Outlook sets the stage for the Canadian economy by examining 10 key industries.
Canada’s Wood Product Manufacturing Industry: Industrial Outlook Autumn 2005
Canada’s Wood Product Manufacturing Industry: Industrial Outlook Autumn 2005
Industry Economic Analysis
$2,875.00
Profits in the wood products sector are poised to drop by a third this year over 2004, as prices and production fall from last year’s highs. Home building, a key demand driver for wood products, has been resilient in both Canada and the United States, but it will weaken as mortgage rates rise over the coming year.
As a result, wood product profits will drop to $2.9 billion this year, and decline further to $2 billion in 2006. The deterioration will be even more pronounced if an expected reduction in duty rates on softwood lumber does not materialize in January 2006.
In the medium term, profits are forecast to stabilize as production begins to rise again. However, the softwood lumber dispute and the strong Canadian dollar are expected prevent any major improvement in profitability.
Customers Who Downloaded This Also Liked
Require an accessible version of this research?
Upon request, Signal49 Research offers accessible versions of research. Please contact us to request your accessible version.
Learn more about our accessibility policies.
Effective January 26, 2026, AERIC Inc./Signal49 Research discontinued use of ‘The Conference Board of Canada’ name, logo and branding, which had been used by AERIC Inc./Signal49 Research under license from The Conference Board, Inc. The Conference Board, Inc. and its licensees, which are not affiliated with Signal49 Research, own all right, title and interest in THE CONFERENCE BOARD name and trademarks in Canada and have the exclusive right to their use in Canada since January 26, 2026.
