Industry Analysis & Industry Trends
The Logging industry in Canada supplies primary wood inputs to sawmills and paper mills for further processing. In the past five years, a boost in construction activity in the United States and Canada has boosted demand for timber, and the industry has been able to increase its harvest to meet downstream forest products manufacturers' needs. In the coming years, depleted forests and a continued decline in demand from paper mills are expected to hinder revenue growth. Nevertheless, forecasts for construction activity are strong, and Canadian loggers will experience ongoing demand from residential construction markets in both Canada and the United States... purchase to read more
Industry Report - Industry Investment Chapter
The Logging industry has a relatively high level of capital intensity. Capital investment is mainly in vehicles and logging equipment. Typical logging equipment includes logging trucks, chippers, stump cutters, log skidders, log splitters, delimbers, grinders and saws. Investment in capital equipment declined in the early part of the past five years as demand was depressed, and operators had more equipment than they could use. However, as production picked back up, companies were more likely to invest in capital equipment to mechanize their businesses, relying less on a large staff of specialized workers.
Although capital investment declined, industry operators also reduced labour expenses over the past five years... purchase to read more