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Canada’s Wood Products Industry: Industrial Outlook Autumn 2016

The Conference Board of Canada, 13 pages, December 2, 2016
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This report examines the short-and medium-term economic and profitability outlook for Canada’s Wood Products Industry.

Document Highlights

  • 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.

Related Webinar

Canada’s Forestry Sector: The Opportunity and the Uncertainty
The Conference Board of Canada, January 25, 2017 at 02:00 PM EST

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