- François Dupuis, Vice-President and Chief Economist • Yves St-Maurice, Senior Director and Deputy Chief Economist • Joëlle Noreau, Senior Economist
The forest industry Things are looking up
The forest industry is in the process of redefining itself. The last decade has been trying in many respects. However, business is picking up, both in the forest and in the mills. It is far from the past records, but the trend is on the upside. The industry is turning the corner, both economically, thanks to the resurgence in the American housing sector, and structurally, thanks to the wide range of new products that are under development. After languishing in the doldrums, the industry is about to perk up by seeking ways of making optimal use of wood fibre. The future has arrived, and both researchers and industry players are taking the gamble of putting wood components to uses that were not even guessed at 10 or 15 years ago: here’s how.
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