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November 9, 2020

Canadian exports of lumber up to the highest level in 14 years

Canadian exports of lumber up to the highest level in 14 years
Exports of Canadian forestry products and building and packaging materials rose 10.4% in September to $3.9 billion. This is a 15.5% increase compared with February. Exports of lumber (+23.0%) contributed the most to the overall growth, up for a fifth consecutive month to reach $1.6 billion, the highest level in 14 years.    As was the case with the monthly increases observed in lumber exports since July, the September gain was mainly the result of higher prices.    The latest release of the Industrial product and raw materials price ...

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