Weaker Canadian Dollar a Windfall for Forestry Sector

April 1, 2014

The Canadian dollar’s recent drop is creating some winners and some losers. Canada’s forestry sector will be one of the biggest winners, according to bond-rating firm Moody’s Investors Service.

The 7.9% decline in the Canadian dollar versus the U.S. dollar in the past year is a windfall for forest-products companies because most of their products are priced in U.S. dollars, Moody’s said. When the Canadian dollar drops, the makers of those products generate more revenue in Canadian-dollar terms...Read more.

11-1884 Merivale Road, Ottawa, ON, K2G 1E6
T. 613.521.6468 or 1.877.224.3555 F. 613.521.1835 or 866.375.1835
info@canadianpallets.com
© Copyright 2018 CWPCA ACPCB. All Rights Reserved.
Web Design by Adeo

Request HT Program Application Package

Enter your information
Company:
*Name:
*Email:
*Phone:
Comments/Questions: