Canadian Contractors and Loggers are Plan to Reduce New Equipment Purchases Over the Next 2 Years

A survey conducted in April and May 2020 by independent research firm Bramm & Associated, regarding the number of Canadian contractors and loggers considering replacement of equipment in their operating fleet revealed some interesting insights. Contractors are in the process of downsizing their fleets, and it should come as little surprise that fewer loggers are planning on replacing at least one machine in their fleet within the next two years. Just 14% of loggers in 2018, said they would not be replacing machines. In 2020 that percentage increased to 20%. Contractors in Alberta still have the largest fleets. However, it is contractors in the B.C. Interior that plan to replace the most machines, with 20 per cent planning to replace six or more.