Canada: Peak Lumber by 2016? | Lumber |
A persistent mountain pine beetle epidemic plus the housing crisis equals desperate times for Canadian forestry companies; many survivors are investing what's left into timberland located in the U.S. South.In or around 2016, lumber supplies coming from Canada are expected to peak. Unless the situation deteriorates further, Canada's overall supply is expected to decrease by 9%, or 400,000 homes worth of wood products. ***It's happening for three key reasons1) Governmental lands are not professionally managed2) Old growth, mature trees (+80 years) are more susceptible to disease and harmful insects3) Less than harsh winters have not slowed the pine beetles progress
Via Sam Radcliffe