Lumber Production Increases in Canada in May; Remains Down Year-Over-Year

Statistics Canada (StatsCan) reported on Friday (8-12-22) that lumber production in Canada increased 7.2% month-over-month (April 2022 to May 2022) to 4,649.5 thousand cubic meters. However, year-over-year production (May 2021 to May 2022) was down 5.3%.

In May 2022, Canadian sawmills shipped 4,612.1 thousand cubic meters of lumber. That is 7.9% greater than April of 2022 but down 7.0% when compared to May of 2021.

FEA compiles the Wood Markets News from various 3rd party sources to provide readers with the latest news impacting forest product markets. Opinions or views expressed in these articles do not necessarily represent those of FEA.
Original Source:
Sawmills, May 2022