First Research Canadian Industry Profile

The Canadian lumber and plywood product manufacturing industry consists of about 1,200 employer establishments (single-location companies and units of multi-location companies) with combined annual revenue of about $22 billion. The industry includes large companies like Western Forest Products, Interfor, Stella-Jones, Norbord, and Goodfellow, as well as divisions of integrated businesses such as Canfor, Resolute Forest Products, and West Fraser Timber. Canada is home to about 10% of the world’s forestland and is a global leader in wood production and exports.

Demand for lumber and plywood products is primarily driven by the residential construction industry. Small companies compete by producing specialty products ... plus: