Market News & Insights from Canada Wood Group

Canada Wood Group
March 3, 2026
Category: Wood, Paper & Green Building
Region: Canada, International

Visit Canada Wood’s Market News for these stories and more:

  • BC advanced its international wood promotion efforts on several fronts this month. Premier David Eby and Jobs Minister Ravi Kahlon led a trade mission to India under the Province’s Look West Strategy, highlighting B.C.’s leadership in sustainable forestry and wood products as part of efforts to diversify export markets.
  • Meanwhile, Canada Wood co-sponsored a seven-day tour for eighteen senior members of the Japan 2×4 Home Builders Association to mark the association’s 50th anniversary. The delegation visited Edmonton and Vancouver to strengthen industry ties and explore advances in wood construction.
  • Japan is preparing to introduce a national Life Cycle Assessment framework by 2028 that will measure whole-building carbon impacts—an approach expected to favour wood materials. Even Expo 2025’s iconic Grand Ring will be dismantled and reused under a circular-market program.
  • Despite a 6.5% drop in 2025 Japan’s housing starts, wood increased its market share to 58.6%, with gains in both residential and non-residential construction.

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