This report examines the short-and medium-term economic and profitability outlook for Canada’s Wood Products Industry.
Canada’s Wood Product Manufacturing Industry: Industrial Outlook Spring 2010
Canada’s Wood Product Manufacturing Industry: Industrial Outlook Spring 2010
Industry Economic Analysis
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- High-Valued Loonie—The Canadian dollar is expected to breech parity with the greenback, thereby taking away from profits.
- U.S. Housing Market—There is now concrete evidence the long-awaited recovery in the U.S. housing market has begun.
- Canadian Housing Market—The combination of higher mortgage rates, the new harmonized sales tax in Ontario and B.C., and the expiration of the renovation tax credit will slow growth in the domestic housing market.
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