Canada Wood Today | The Canada Wood Group

China Housing Market

After nearly two years of progressively tighter policies, we finally saw the Chinese property market turn a corner in the fourth quarter. Apartment sales have declined, prices have fallen and land sales have dropped. NBS data show that… more

The State of the Chinese Economy

The National Bureau of Statistics (NBS) released its 2011 Q4 National Accounts data.
GDP in Q4 was 8.9% (y/y) down from 9.1% in Q3 and 9.8% a year ago. Growth for the year came in at 9.1%. The Canadian Embassy has revised its forecast for… more

2×4 Component Plant Activities in Japan

The Tokai 2×4 Council reported that for the month of December, twelve of its regular  member companies supplied 397 units (55,430 m²) of 2×4 framing packages in the Tokai region (mainly Aichi, Mie, Gifu and Shiga Prefectures)… more

Japan Housing Construction

2011 Housing Starts In: 2×4 Finishes Up 2.5% to 98,248 Units
Japan total housing starts edged up 2.6% to 834,117 units for 2011. Total wooden starts increased 1.0% to 464,837 units, but results within that sector were uneven. Post and… more

Japan SPF Shipments

November SPF shipments to Japan were 70.5 million fbm compared with 70.8 million fbm in November of 2010. Between January and November shipments totaled 716.6 million fbm compared to 717.5 million feet in the first 11 months of 2010…. more

Japan Economic Overview

For the first time since 1980, Japan posted a trade deficit in 2011. The US $32 billion deficit was a result of the post Great Eastern Japan Earthquake and sluggish exports to Europe. The events of March 11th paralyzed manufacturing and… more

Japan SPF Shipments

October SPF Shipments to Japan increased 3.9% to 75.3 million fbm. In the first 10 months of 2011 SPF Shipments to Japan totaled 646,020,00fbm, slightly below the 646,727,000fbm of shipments for the same period in 2010. By value, SPF… more

Korean TV airs wood program

Jipdream Quiz Show, aired on one of the 4 national TV networks in Korea, MBC, on prime time Sunday evenings, put up a wood framed house as the grand prize. The 2 – 1/2 storey wood house was built with Canadian wood products as a part… more

Slowdown haults Kunming project

Property Market Measures Stall Kunming Super E Project 
Progress on China’s largest wood frame development ground to a halt in December due to new property market control measures.
Homebuyers who made deposits on these Super-E resort… more

5 star housing program update

The first task meeting for optimizing QA 5-star program was held with Korea Wood Construction Association (KWCA) technical committee on December 14, 2011. The QA checklist is one of the critical points to be looked over when the QA… more

SPF in-fill wall update

Recently, a test house with post & beam structure made of domestic Cedar Glulam has been completed in Jeju Island. Korea Forest Research Institute (KFRI) organized and sponsored this project in order to promote the use of domestic… more

Korean universities seek wood curriculum

To be honest, majority of architectural students in Korea’s Universities has not been interested in wood as a building material resulting in shortage of knowledgeable professionals in wood frame building design and construction sector…. more

N. Korean leadership change update

The recent death of the North Korean leader, Kim Jung Il leads South Korea’s economy situation difficult to predict for the time being. Year 2012 will be a difficult year as Korea faces three concurrent crises – the upcoming… more

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Korea surpasses $1 trillion in trade

South Korea became the 7th largest exporter in the world in 2010, up from 9th largest in 2009. South Korea’s annual trade volume passed $1 trillion for the first in 2011, making it the 9th country in the world to break the mark. (Only… more

Korean SPF Shipments

Owing to the progressive increase in wood housing starts and gaining popularity of SPF in structural use, Canadian SPF exports to South Korea in the first nine months of 2011 remarkably increased 28.8% to 99,436 MFBM compared with the same… more

Korea Housing Update

Korean Housing Starts Summary and Market Condition:
Korea’s housing starts in the first ten months of 2011 considerably increased 21.1% to 73,781 buildings from a year earlier 60,906 buildings owing to the continuous tax benefits to real… more

Korea Economic Update

The worldwide economic outlook has moved from a sense of general uncertainty to one of greater pessimism as reflected in the ongoing stock market turmoil, poor U.S. economic news, and the unresolved European sovereign debt crisis.
Under… more

Korean wood training update

Training at Hanyang University:
CWK conducted special lectures on December 1 and 8, 2011 for 40 Hanyang University architecture students as a part of the University & College-Based Training. The lectures were focused on introduction… more