Quebec sawmills losing money as lumber demand drops

(Darryl Dyck/The Canadian Press )

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Sawmills in Quebec have not turned a profit for more than a year due to the drop in demand for lumber, according to industry experts.

After hitting record pieces during the pandemic ​​of $1,500 US per thousand board feet in 2021, the price of lumber plunged in 2022 and now hovers around $575 for the same amount.


Source: CBC News


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