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Canadian International Merchandise Trade: Annual Review 2017
On June 6 Statistics Canada released data showing, on a quarterly basis, the value of Canadian exports of lumber and other sawmill and millwork products declined in 1Q (-2.2%) and 3Q (-6.4 %) 2017. Canadian export values of softwood lumber fluctuated substantially throughout 2017, as softwood lumber duty rates and coverage varied, said StatsCan. The modest increase…
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Canada Building Permits, Construction Investment: April and 1Q 2018
Canadian municipalities issued $7.8 billion worth of building permits in April, down -4.6% from March, said Statistics Canada June 6. Declines were reported in every component except commercial buildings. In the residential sector, the value of permits issued by municipalities fell 4.3% to $5.1 billion in April. Five provinces posted declines led by British Columbia. In the multi-family dwelling…
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Madison’s Lumber Reporter Next Generation: Order Now!
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Politics Upends the Lumber Market
The unprecedented turned to the frankly surreal last week as Canada placed retaliatory duties on a wide range of US imports, including wood and paper products. The latest trade data, meanwhile, shows quite a glowing picture of product sales across the Canada-US border for 1Q 2018. Current Softwood Lumber Prices Compared to Recent and Historical…
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Canada Sawmill Production: March 2018
Lumber production in Canada rose +11.4% in March from February, to 5,898 thousand cubic metres of lumber, according to the latest update from Statistics Canada Monday. Production was -5.2% lower than in March 2017. Sawmills shipped 5,393 thousand cubic metres of lumber in March, up +10.5% from February and -7.6% lower than in March 2017.