This report offers a detailed five-year forecast of Canada’s Wood Products Industry.
Canada’s Wood Products Industry: Industrial Outlook Autumn 2009
Canada’s Wood Products Industry: Industrial Outlook Autumn 2009
Industry Sector Economics
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- U.S. Housing Starts—After experiencing their worst year since record keeping began, housing starts will continue their recovery in 2010. Gains will continue steadily for several years.
- Canadian Housing Market—An abrupt adjustment earlier in 2009 hurt the industry, but the housing market is already showing signs of a sustained recovery.
- Harmonized Sales Tax—Adoption of the HST in Ontario and B.C. will result in much-needed investment in new technologies and machinery.