Wood industries : CS35-250E-HTML

The latest issue consists of the article "Wood manufacturers have been stimulated by the strength of the domestic market" by Gilles Simard. The effects of the decrease in interest rates in Canada in 1996 were felt fully in 1997. The increased activity in housing development in Canada, and to a lesser extent, in the United States, has stimulated the wood industry. However, the crisis in Asia during the summer of 1997 was a heavy blow to British Columbia, the province that provides half of Canada's lumber. This article, based on the results of the 1997 Annual Survey of Manufactures (ASM), briefly describes changes in the industry in 1997 and 1998 and looks at recent events in.

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publications.gc.ca/pub?id=9.505499&sl=1

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