

Ontario Business Trends
As the industry moves into early fall, businesses are still facing many challenges to reach a profit. The housing shortage on both sides of the
As the industry moves into early fall, businesses are still facing many challenges to reach a profit. The housing shortage on both sides of the
With summer behind us, and the Labor Day holiday over, businesses are slowly gearing up for the fall and winter seasons. Businesses are planning their
Forest products industry sources on the West Coast were consistent in how they viewed the state of the market in their region. Sources in California
Sources that were contacted across the Lake States all agreed that their sales were steady despite each noting a different area in which their markets
Forest products industry contacts in the Northeast were divided on the state of the market in their region. Each source acknowledged an increase in demand,
Hardwood suppliers in the Southeast, at the time of this writing, have varied reviews on the market but the majority said that business is slow.
At the time of this writing, lumber suppliers across the West Coast reported mixed reviews about the market. In California, a lumber supplier that said
The first two weeks of summer kicked off with a heat wave in Eastern Ontario and parts of the province of Quebec, reaching into the
With the Quebec construction break taking place the last two weeks of July, there was the usual slowdown for hardwood business at this time. Contacts
Across the Lake States region lumber sources varied, with one source stating that while his sales are average, it does depend heavily on which species
In the Northeast market, forest products industry contacts we spoke with all agreed that their business was steady but were split on whether they expect
Throughout the Southeast region lumber sources that were contacted, at the time of this writing, agreed that their sales are heavily dependent on the species
Hardwood suppliers on the West Coast mostly accounted for positive activity. One contact in California mentioned activity was back to pre-covid “normal” levels. “Our business
Contacts noted prices had risen for kiln-dried lumber as recently as March compared to a year ago for Basswood, Red Oak, Hard and Soft Maple.
Heading into summer, businesses are busy ramping up their inventories for the anticipated season. There were concerns of lower log decks in late spring for
Contacts in the Lake States region accounted for average hardwood activity, with many stating they expect supply shortages in the coming months. An Indiana hardwood
Throughout the Northeast region lumber sources weren’t able to come to a consensus as to how the market was faring, with one source noting that
Lumber sources that were contacted throughout the Southeast region seemed to be a bit of a mixed bag as two sources noted that their marketplaces
Hardwood lumber suppliers on the West Coast accounted for stable to stagnant market conditions, at the time of this writing. For most in the region,
The winter weather was milder with less snowfall in certain areas, thus affecting logging activity levels. Markets have contracted, causing limited timber sales and putting
With a quieter start to 2024, business continues at a slower pace for many businesses. With spring thaw reducing access to logs, obtaining required inventories