Blog – Forestry Sector and Lumber Production Analysis and Commentary – April 2023

Summary:

Lumber production continues to face many challenges including cost of housing.

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Forestry management practices need to continue focus on how best to manage the overall health of forests across the globe.

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Green building practices continue to expand. The key will be how government regulations are streamline as part of adopting green building practices.

Additional links and sources:

Lumber demand has dropped over the past few months. Housing starts continued to face many hurdles.

https://www.lesprom.com/en/news/Demand_for_lumber_declines_worldwide_pushing_prices_for_sawlogs_down_from_record_highs_106983/

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Mitigating forest fires and climate change on forest ecosystem is very important for all levels of government - https://www.news24.com/citypress/news/many-countries-make-efforts-to-stop-destroying-forests-20230402

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Sustainable forestry practices - https://www.paperadvance.com/news/sustainability/what-is-sustainable-forestry-and-why-is-it-critical-in-mitigating-against-climate-change.html

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Addressing non-residential and residential construction through green building practices - https://wellfound.com/startups/industry/green-building or

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Housing Costs - https://ca.finance.yahoo.com/news/rising-housing-costs-top-contributor-110000524.html

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Analysis - https://www.slideshare.net/paulyoungcga/what-is-next-for-the-forestry-sector-and-lumber-production-march-2023pptx