News
October Canadian Wood Product Sales Down
Seasonally adjusted Canadian wood product sales in October were $3.55 billion (CAD), down 1.8% from September and 2.9% lower than the comparable month in 2021. Sales of furniture and related products totaled $1.34 billion, increasing 1.5% from September and jumping 16.2% over October 2021. Canadian manufacturing sales for all industries were $72.6 billion, up 2.8%
Canadian Housing Starts Dip in November
The monthly standalone seasonally adjusted annual rate (SAAR) of Canadian housing starts in November was 264,159 units, 0.2% lower than in October. The SAAR of urban starts was unchanged from October at 242,644. Multiple urban starts rose 2% to 190,415, and single-family levels dipped 7% from October to 52,229. The trend in housing starts in
October Canadian Construction Investment Grows Slightly
Canadian building construction investment in October was up 0.2% from September to $20.9 billion (CAD). Residential construction spending decreased 0.1% to $15.4 billion from September, while non-residential totals were 0.9% higher in October at $5.5 billion. Seasonally adjusted single-family construction spending declined 2.3% from September to $8.2 billion, marking the most significant drop since mid-2021.
HDI Rebrands as Adentra
Hardwoods Distribution, Inc. (HDI), Langley, BC, announced it will rebrand to Adentra, Inc., this week. Adentra is a distributor of architectural design products through the following brands: Novo Building Products, Mid-Am Building Supply, Rugby Architectural Building Products, Paxton Lumber and Hardwoods Specialty Products. See Adentra, Inc. and Press Release
UCS Forest Group Names Hoyt as New President
UCS Forest Group, Toronto, ON, promoted Bryan Hoyt to President, as Warren Spitz transitioned from President and CEO to Founder and CEO. Hoyt, previously the company’s COO, has 35 years of industry experience. UCS is a North American distributor and importer of hardwood lumber, specialty softwoods and decorative surfaces operating as Sierra Forest Products in
Laminate Technologies Promotes Joseph to President & CEO
Laminate Technologies, Inc., Tiffin, OH, announced that Randy Joseph was promoted from COO to CEO and President. Joseph has been with the company for over 27 years and succeeds owner Fred Zoeller. Laminate Technologies specializes in supplying custom laminated panel products and fabricated components. See Laminate Technologies
CPA 2026 Fall Meeting Highlights
The 2026 Fall Meeting wrapped up last week in Savannah, GA, with amazing weather and a great location that brought members together for networking, committee meetings, and timely presentations. General Session presentations are now available on the CPA website, including Scott Lincicome of the Cato Institute on North American trade policy and Edie Sonne Hall
Registration Open for PCWP Compliance Workshop
CPA members are eligible to attend the upcoming workshop, From Rule to Practice: PCWP MACT Compliance Workshop, hosted by the National Council for Air and Stream Improvement, Inc. (NCASI) and the American Wood Council (AWC) on December 9-10. The workshop will provide facility personnel with guidance on creating practical compliance plans for implementing the requirements
Forestry Analytics for Carbon Tracking (FACT) Platform Beta Launch
On October 5, the U.S. Forest Service and the U.S. Endowment for Forestry and Communities announced the Beta launch of the FACT platform, a science-based tool using standardized methods that help forest landowners and wood products manufacturers calculate carbon impacts across value chains. The Beta tool is publicly accessible, allowing users to test and provide
U.S. Consumer Confidence Declines Significantly in September
U.S. consumer confidence measured 81.9 in September, decreasing 6.7 points from the adjusted August reading, according to The Conference Board Consumer Confidence Index. The index gauging current business and labor market conditions fell 7.9 points in September to 109.3. The short-term outlook index for income, business, and labor markets slid 5.9 points to 63.6. See
August U.S. Construction Spending Improves from Prior Month
U.S. construction spending in August reached a seasonally adjusted annual rate of $2.20 trillion, increasing 0.9% from July but 1.7% below year-over-year. Total public and private residential spending grew 1.1% month-over-month to $894.60 billion, but down 4.8% from August 2025. Non-residential spending totaled $1.31 trillion, 0.7% higher than in July and up 0.5% from the
U.S. Wood Product Shipments Down in August
Seasonally adjusted shipments for all U.S. manufacturing industries held steady in August at $658.6 billion. Wood products slipped 0.1% to $13.9 billion in August, while furniture and related product shipments dipped 0.2% from July to $7.7 billion. New manufacturing orders inched up 0.1% from July to $663.5 billion. Orders for furniture and related products shrunk