Three things to take away
What is the outlook for the Canadian forestry sector and how are political and economic factors impacting operations and prospects.
What impact does risk modelling show in the event of house and asset price crash scenarios
What are the steps forestry firms can take to mitigate the risks around economic instability, supply chain disruption, diversification and selling into emerging markets
Canada’s political and business climates are facing a growing set of challenges. A minority government is under growing pressure from all parties and provincial governments, while trade disputes between the US and Canada remain intractable, including one over softwood lumber.
Compounding these issues for Canadian businesses are stubbornly high inflation, slowing economic growth and rising interest rates, reducing North American home construction and demand for wood products. In addition, this year saw the worst series of forest fires in recorded Canadian history at the start of wildfire season, affecting eleven provinces and territories. These factors – in addition to increasingly motivated environmental activists – are clouding prospects for the Canadian forestry industry in the next year.
What is the outlook for the Canadian forestry sector and how are political and economic factors impacting operations and prospects.
What impact does risk modelling show in the event of house and asset price crash scenarios
What are the steps forestry firms can take to mitigate the risks around economic instability, supply chain disruption, diversification and selling into emerging markets
Canada’s political and business climates are facing a growing set of challenges. A minority government is under growing pressure from all parties and provincial governments, while trade disputes between the US and Canada remain intractable, including one over softwood lumber.
Compounding these issues for Canadian businesses are stubbornly high inflation, slowing economic growth and rising interest rates, reducing North American home construction and demand for wood products. In addition, this year saw the worst series of forest fires in recorded Canadian history at the start of wildfire season, affecting eleven provinces and territories. These factors – in addition to increasingly motivated environmental activists – are clouding prospects for the Canadian forestry industry in the next year.
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