Canada Wood Today | The Canada Wood Group

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Japan Housing Starts Summary for May 2018

Total May housing starts fell 1.3% to 79,539 units. The declines were uneven based on markets and building types. The mansion condominium market posted the strongest results with a 20.7% increase. Wooden starts fell 3.0% to 43,399 units…. more

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Japan Economic Update

In recent economic news Japan continues to forge ahead with free trade and has formally approved gambling resorts. On the trade front, CPTPP negotiators met in Hakone, Kanagawa Prefecture in July to expedite implementation of the… more

Lumber Shipments

BC softwood lumber export volume to South Korea for the first five months of 2018 decreased 20.3% to 99,261 cubic meters as compared to 124,495 cubic meters for the same period of 2017.
This significant decrease comes from  continuously… more

Housing Construction

Due to the ongoing government intervention to curb rising house prices and cool down the overheated housing market, South Korea’s housing starts in number of buildings for the first five months of 2018 decreased 15.5% to 35,591 buildings… more

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Economy Update

South Korean economy expanded 3.1% last year and is expected to grow 2.9% this year. The country’s facility investment is expected to increase 1.5% this year, sharply slowing down from last year’s 14.6% on-year rise. Construction… more

China Economic Update

2018 Q2 highlights:

China has posted its Q2 GDP growth of 6.7%, slightly lower than 6.8 percent in Q1 of 2018. Tighter financial conditions (such as authorities continue to demolish on shadow banking and back up financial deleveraging)… more

CW China’s ‘Live With Wood’ goes viral online

It is probably every marketing director’s dream to see their promotional content going viral on social media platforms or create a ripple effect with the contents reaching a group of selected audience and their immediate circle… more

China releases three-year action plan for cleaner air

China’s cabinet has released a three-year action plan on air pollution control, solidifying a timetable and road map for improving air quality.
Economic, legal, technological, and administrative means will be adopted in a… more

Fact Finding about Midply Wall System with FP Innovations

In 2018, Canada Wood is actively promoting the Midply Shear Wall System to architects, builders and wood products end users in Japan. During a recent visit to Vancouver in June, Scott Anderson and myself visited FP Innovations to discuss… more

Agricultural Building Boom

An encouraging trend that we have seen taking place for our industry, is an increase in the number of agricultural building going up in Japan. As other developed countries around the world have done, Japan’s farm industry is… more

Hot Summer, Academic Fever

The heatwave of the summer started early this year. Tai Jeong and I visited Hanyang University on June 15 to give a special lecture as requested by senior the students before the end of the semester.
Professor Dong-Soo Han of the… more