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Today, less than 1% of Canada's forests are affected by logging each year. [2] Canada is the 2nd largest exporter of wood products, and produces 12.3% of the global market share. [6] Economic concerns related to forestry include greenhouse gas emissions, biotechnology, biological diversity, and infestation by pests such as the mountain pine beetle.
In the narrow sense of the terms, wood, forest, forestry and timber/lumber industry appear to point to different sectors, in the industrialized, internationalized world, there is a tendency toward huge integrated businesses that cover the complete spectrum from silviculture and forestry in private primary or secondary forests or plantations via the logging process up to wood processing and ...
Upper and Lower Canada's major industry in terms of employment and value of the product was the timber trade. [7] Bytown was a major lumber and sawmill centre of Canada. [9] When the Ottawa River first began to be used for floating timber en route to markets, squared timber was the preference.
Canada has the biggest trade surplus in relation to forest products ($21.7 billion in 2015). [6] As the largest market, the U.S. is heavily dependent on Canada's lumber. The needs of the US outweigh the domestic supply. Canada has also been expanding rapidly into the Asian market, with China being the second-largest importer.
As the timber industry lost access to public land, timber companies shed thousands of jobs as well. In 1987, the Canadian branch of the IWA separated from union, retaining the IWA initials but with the new name Industrial, Wood and Allied Workers of Canada (IWA Canada). By 1994, the remainder of the U.S.-based IWA had just over 20,000 members.
A forest product is any material derived from forestry for direct consumption or commercial use, such as lumber, paper, or fodder for livestock. Wood, by far the dominant product of forests, is used for many purposes, such as wood fuel (e.g. in form of firewood or charcoal) or the finished structural materials used for the construction of buildings, or as a raw material, in the form of wood ...
Timber industry — commercial lumber products, lumber mills, notable timber industry people, and areas affected by the wood industry − around the world. See also: Category:Forestry v
Canada is the world's eighth-largest economy as of 2022, with a nominal GDP of approximately US$2.2 trillion. [1] It is a member of the Organisation for Economic Co-operation and Development (OECD) and the Group of Seven (G7), and is one of the world's top ten trading nations , with a highly globalized economy.