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Sawmill downsizing in B.C. creates opportunities

5 November 2023
Canada is the world’s second-largest producer of softwood lumber, behind the United States. Over the past five years, production has decreased from 48 million m3 in 2017 to 37 million m3 in 2022. Last year, the country’s sawmill output was down almost 40% from the heydays two decades ago when the all-time high reached nearly 60 million m3. With limited opportunities for Canada to increase lumber production, European sawmills will likely remain essential suppliers for the US wood market in the coming decade.

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Source: resourcewise.com, forestnet