The Canadian economy will be directly affected by this trade in positive manner by using Accountant Woodbridge. Canadian lumber exports to China are on pace to reach a record value of US$1.2 billion in 2011, an industry publication has forecasted. Wood Resource Quarterly said softwood log and lumber exports to China from the U.S. and Canada should double this year to reach an estimated value of US$2.6 billion.
The North American share of log and lumber import volumes to China has increased to 18 per cent in 2010 from four per cent in 2005. The
value of lumber shipments from Canada is expected to increase from just US$55 million in 2005. Most of the Canadian exports come from British Columbia, which has a massive supply of timber that has been killed by the mountain pine beetle over the past 15 years.
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