Canada’s Wood Products Industry: Industrial Outlook Spring 2012

This report examines the short-and medium-term economic and profitability outlook for Canada’s Wood Products Industry.

Document Highlights

• Softwood Lumber—The Canada–U.S. Softwood Lumber Agreement has been extended until 2015. The extension will allow Canadian producers to benefit from growing demand south of the border.
• U.S. Housing Market—In the U.S, mortgage delinquencies are down, house prices have stabilized, and the market is set for a strong rebound due to the pent-up demand for housing.
• Chinese Market—The slowdown in China’s real estate market will cause wood-product export growth to slow down from the rapid rates of the last few years.