Canada is one of the world’s largest lumber producers and exporters in the world. The wood products exports contribute $17.1 billion in net trade. Softwood lumber accounts for 20% of the value of Canada’s wood product exports. The softwood lumber industry has been a key component in the Canadian economy, creating thousands of jobs across Canada and generating significant economic benefits. However, the domestic demand, mainly housing construction market, for wood products within Canada is limited. Around 80% of the Canadian…
