Canada’s Wood Products Industry: Industrial Outlook Spring 2007

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Canada’s Wood Products Industry: Industrial Outlook Spring 2007

Industry Economic Analysis

Author: Michael Burt

$1,150.00

  • Dollar—The Canadian dollar is expected to weaken gradually. This will raise the effective price that Canadian producers receive for their wood product exports.
  • Housing—The U.S. housing market has already experienced a significant slowdown, and although the Canadian housing market has been more resilient, it too will see a decline in construction activity in the near term.
  • Inventories—Although prices have stabilized, the industry’s inventory-to-shipments ratio remains high. As long as inventories stay high, there is a risk of further price corrections.
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The Canadian Industrial Outlook Service includes detailed five-year forecasts in 16 key Canadian industries. The report examines the short-and medium-term economic and profitability outlooks for these industries.

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