The Canadian Industrial Outlook Service includes detailed five-year forecasts in 16 key Canadian industries. The report examines the short-and medium-term economic and profitability outlooks for these industries.
Canada’s Wood Products Industry: Industrial Outlook Spring 2007
Canada’s Wood Products Industry: Industrial Outlook Spring 2007
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- Dollar—The Canadian dollar is expected to weaken gradually. This will raise the effective price that Canadian producers receive for their wood product exports.
- Housing—The U.S. housing market has already experienced a significant slowdown, and although the Canadian housing market has been more resilient, it too will see a decline in construction activity in the near term.
- Inventories—Although prices have stabilized, the industry’s inventory-to-shipments ratio remains high. As long as inventories stay high, there is a risk of further price corrections.
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