Canada Wood Today | The Canada Wood Group

South Korea Economy, Construction & Lumber Shipments

Economy Update
With hopes for an economic recovery are rising in South Korea, the Central Bank of Korea revised South Korea’s economic growth forecast in 2017 inched up to 2.6% from its previous January projection of 2.5% and facility… more

Three stories about wood houses

Wood house wedding
On one of our site visits we were fortunate enough to see upon arrival that the resident of the wood home was hosting a wedding. Canada Wood was welcomed to join the wedding as the resident remembered CW helping the… more

China Economy, Construction & Lumber Shipments

March highlights: 

China plans to build a “first-class international city” called “Xiong’an New Area” from scratch which will cover 2,000 square kilometers, making it almost 300% larger than New York City or Singapore;… more

China Economy, Construction & Lumber Shipments

February economic highlights: 

China has lowered its expectation for economic growth to around 6.5% in 2017 which is still in line with analyst predictions.
The budget deficit target is at 3% of GDP in 2017, while the target for China… more

CW China strengthens presence in Central China

In 2017, Canada Wood China (CW China) will take the first steps to extend its reach to Wuhan, which is the economic engine of central China.
As part of its new business development plan, CW China is to support its business partners to… more

Chinese Delegation Interested in Hotel Construction

China Hotel Industry Promising
China’s hotel / motel industry has experienced tremendous growth in the last decade, and today stands at 2.5 million hotel rooms. Relatively speaking however, this number is still very low as it equates to… more

UBC Earns Japan Wood Research Society Award

The Japan Wood Research Society held its 67th annual meeting from March 17th to 19th in Fukuoka City, Kyushu.  On the 18th, the Society presented an award to Frank Lam and Yuan Li from University of British Columbia, Vancouver, BC.  The… more

The JAS Lumber Grading Championship Takes Place in Osaka

The Japan 2×4 Lumber JAS Council held its 29th lumber grading championship on March 10th.  This year, the venue was Osaka City Central Public Hall, a historical archive building designated as a National Important Cultural Property. … more

China Introduces Tall Wood Building Code

On February 21st, 2017 China’s Ministry of Housing and Urban-Rural Development (MOHURD) issued “Technical standard for multi-storey and high-rise timber buildings (GB/T51226 – 2017)”. In line with a global push towards taller wood… more

Japan Economy, Housing & Lumber Shipments

Japan Economic Update
Japan’s economy grew by 1% in 2016, posting 4 straight quarters of positive gains. This compares with a 1.2% GDP rise in 2015. The gain was primarily because of increased external demand for exports. Aided by a… more

Canada’s Tall Wood-Mass Timber Introduced to Korea

On December 20th, the Korea Forest Research Institute (KFRI) held a ‘Seminar with Experts on Canadian Tall Wood-Mass Timber’ with the goal of improving domestic technological strengths and to encourage mutual co-operation among experts… more

South Korean Economy, Housing & Lumber Shipments

Economy Update
South Korea’s exports rose 11.2% on-year to US$40.3 billion in January, 2017, extending its winning streak to 3 months in a row, while imports plunged 19.7% to US$37.5 billion posting a 60 month straight month of trade… more

71 Million Visitor’s Hotel Stays in Japan

The Japan Tourism Agency reported the estimated number of hotel stays by visitors to Japan hit 70.88 million in March, 2017.  This represents an 8 percent increase from the previous period and a new record for overseas travelers hanging… more