This industry profile provides a five-year forecast for Canada’s Furniture Industry.
Canada’s Furniture Products Manufacturing Industry: Industrial Profile Summer 2014
Canada’s Furniture Products Manufacturing Industry: Industrial Profile Summer 2014
Industry Economic Analysis
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- Lumber Prices— A recovery in the U.S. housing market and the continued growth in emerging markets have pushed commodity prices higher.
- U.S. Housing Market— The U.S. housing market has finally recovered from the 2008–09 recession and is expected to continue to outperform as low interest rates and an improving labour market support affordability.
- Canadian Dollar— The weaker Canadian dollar will boost competitiveness in foreign markets and slow the long-term decline in exports.
