Canada's production on softwood and hardwood lumber reached a low in April 2020, but it recovered since then reaching over five million cubic meters produced in March 2022. There are several factors that tend to impact United States cross-border purchases of Canadian lumber. Nominal price movements as well as tariffs are two factors of note, but then there is also the U.S. dollar to Canadian dollar exchange rate.
Softwood and hardwood lumber production in Canada from January 2003 to April 2022
(in 1,000 cubic meters)
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StatCan. (July 5, 2022). Softwood and hardwood lumber production in Canada from January 2003 to April 2022 (in 1,000 cubic meters) [Graph]. In Statista. Retrieved August 09, 2022, from https://www.statista.com/statistics/377249/production-of-lumber-in-canada/
StatCan. "Softwood and hardwood lumber production in Canada from January 2003 to April 2022 (in 1,000 cubic meters)." Chart. July 5, 2022. Statista. Accessed August 09, 2022. https://www.statista.com/statistics/377249/production-of-lumber-in-canada/
StatCan. (2022). Softwood and hardwood lumber production in Canada from January 2003 to April 2022 (in 1,000 cubic meters). Statista. Statista Inc.. Accessed: August 09, 2022. https://www.statista.com/statistics/377249/production-of-lumber-in-canada/
StatCan. "Softwood and Hardwood Lumber Production in Canada from January 2003 to April 2022 (in 1,000 Cubic Meters)." Statista, Statista Inc., 5 Jul 2022, https://www.statista.com/statistics/377249/production-of-lumber-in-canada/
StatCan, Softwood and hardwood lumber production in Canada from January 2003 to April 2022 (in 1,000 cubic meters) Statista, https://www.statista.com/statistics/377249/production-of-lumber-in-canada/ (last visited August 09, 2022)
