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Aug 22, 2024 · How does lumber production contribute to the economy? Lumber production generates substantial revenue for national and global economies, creates employment opportunities, supports local communities, and plays a significant role in international trade, particularly through exports.
Jul 16, 2013 · Fueled by European demand, the timber trade brought investment and immigration to eastern Canada, fostered economic development, and transformed the regional environment far more radically than the earlier exploitation of fish and fur (see Fisheries; Fur Industry).
Jul 8, 2021 · Lumber prices may have fallen, but they are still elevated, creating new headaches for the critical housing sector. And companies in the lumber industry are wrestling with a new pandemic problem...
Dec 2, 2021 · Lumber and building materials prices soared to staggering levels in late 2020 and early 2021 as demand far outpaced tight supply, placing companies - many of which had been grappling with forest fires and sawmill closures due to beetle infestations - in the best financial health they have experienced in decades.
Faced with various trade and economic pressures during recent years, Canada’s lumber industry has restructured and remained profitable. As part of its restructuring, the industry lost thousands of jobs which produced substantial gains in productivity.
Jul 7, 2021 · Lumber has long been the subject of debate over trade policy, ecosystem conservation, and climate change. But in a white-hot housing and remodeling/home improvement market, lumber prices spiked...
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How has Canada's lumber industry restructured and remained profitable?
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Why are lumber and building materials prices so high in 2021?
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Jun 28, 2021 · Lumber prices remain far above prepandemic levels, even after falling sharply in recent weeks, an increase driven in part by strong housing demand and an abundance of home improvement projects...
