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September 28, 2020
B.C. forest industry to fully take advantage of the record lumber prices
A record demand and reduced supplies have pushed the price of 2x4s to historic highs but the B.C. forest industry is only just beginning to fully take advantage. The industry has been plagued by an acute lumber shortage, which has been a long time in the making. Lumber prices across North America have nearly tripled since 2019. Based on a weekly price report by the B.C. Ministry of Forests, Lands and Natural Resources, the price of SPF (spruce, pine, fir) 2x4 lumber – as of Sept. 18 – is at $1,288 ...
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