Canada Wood Today | The Canada Wood Group

Lumber Shipments

BC softwood lumber export volume to South Korea for the first two months of 2018 decreased 38.6% to 24,430 cubic meters as compared to 39,784 cubic meters for the same period of 2017.
This significant downward trajectory comes from many… 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 two months of 2018 significantly decreased 36.4% to… more

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Economy Update

South Korea’s Gross Domestic Product increased 1.1% on-quarter in the first quarter of 2018 (2.8% increase from the first quarter of 2017), turning around from a 0.2% drop three months earlier thanks to increased investment and… more

China Economic Update

2018 Q1 highlights:

Based on the report issued by the official statistics bureau on April 17th, China’s GDP growth increased 6.8% in the first quarter which exceeded the previous expectation (6.7%); real estate investment is expected to… more

Five-storey Office Building in Kyoto

An attractively designed wooden office building was one of eight projects recently selected and received recognition last month for “COFI Midrise Wood Building Design Award”. Not only is the project unique that it is 5-storey 2×4… more

NLT WG Upgraded to a Technical Committee

In fiscal 2017, the Japan 2×4 Home Builders Association conducted the char margin fire tests under the Nail Laminated Timber (NLT) Working Group.  With increasing interest in the market potential of NLT, the Association decided that… more

Canada Wood Launches Midply Promotions Campaign

During the first quarter Canada Wood commenced our branding and promotions campaign to raise awareness about the Midply high performance shear wall system. Thanks to multiple years of technical development work we anticipate ministerial… more

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Japan Housing Starts Summary for January 2018

Total housing starts dropped 13.2% to 66,358 units in January. In particular, non-wood construction fell significantly while wooden housing largely held its own. The mansion condominium starts fell 50.2%, dragging down the non-wood starts… more

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Japan Economic Update

Japan has been experiencing the longest period of uninterrupted growth since the 1980s, however, recent indicators possibly point to some rough sailing ahead. Exports have posted 15 consecutive months of growth, registering a 1.8% gain in… more

COFI Midrise Wood Building Design Awards

To accelerate the adoption and expand awareness of 2×4 midrise wood construction projects (4-storeys or higher) in Japan. In a first of its kind, COFI Tokyo conducted a wood midrise design competition with support of Japanese… more

Promoting WFC in Busan, Korea’s Second Largest City

The Busan Housing & Interior Exhibition is held at BEXCO in Busan every March and Canada Wood Korea (CWK) opened our industry booth again this year, introducing Canadian lumber and engineered wood to visitors. In particular, the… more

China to set up ministry of natural resources

China will set up a new ministry to protect and manage the country’s natural resources, according to a reform plan submitted to the national legislature on March 14th.
The restructuring of the State Council, China’s cabinet, is… more