This report examines the short-and medium-term economic and profitability outlook for Canada’s Wood Products Industry.
Canada’s Wood Products Industry: Industrial Outlook Autumn 2015
Canada’s Wood Products Industry: Industrial Outlook Autumn 2015
Industry Economic Analysis
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- U.S. Housing Market—Demand for Canadian wood products, which is closely tied to residential construction in the U.S., will be driven by the continued recovery in the U.S. housing market.
- Domestic Housing Market—While renovation activity is expected to remain strong, domestic demand for wood products will be weak as the new-housing segment enters a period of modest cooling over the next two years.
- Weak Loonie—A weaker Canadian dollar will continue to underpin the competitiveness of Canadian wood products both at home and abroad, while also boosting industry revenues.
