This report examines the short-and medium-term economic and profitability outlook for Canada’s Wood Products Industry.
Canada’s Wood Products Industry: Industrial Outlook Autumn 2016
Canada’s Wood Products Industry: Industrial Outlook Autumn 2016
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- Softwood Lumber Dispute—With no new agreement in sight, it is increasingly likely that Canadian producers will face heightened restrictions on lumber in the coming year.
- Chinese Demand—Canadian wood product exports to China have dropped by more than 20 per cent over the past year. A slowing Chinese economy combined with stronger international competition on the Chinese market has weakened demand for Canadian wood products.
- Renovation Spending—Elevated housing prices are deterring some consumers from purchasing new homes in several key markets. Instead, many homeowners are choosing to upgrade their existing homes.
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