Canadian wood product sector saw decline in January 2024, with a 3.3% decrease in sales, reaching C$3.029 billion.
Statistics Canada
Canada's lumber production decreased 22.6% from November to 3 432.4 thousand cubic metres in December 2023.
In terms of capacity utilization, the wood product manufacturing sector experienced a decrease from 81.6% in November 2022 to 77.5% in November 2023.