Wood Business

Industry News Markets
Forestry workers back in demand

After years in an industry plagued with little work and many layoffs, forestry workers may finally be catching a break, according to the latest figures from Statistics Canada.

The average weekly paycheque for an employee in the forestry, logging and support industry rose by 11 per cent to $1,054.68 in February 2013, compared to a year earlier, according to data released on Thursday. The increase was far and away the biggest of any sector in the Canadian economy and the latest sign of the “supercycle” that the Canadian forestry industry is enjoying. A big part of this is thanks to a strong rebound in the U.S. housing market, analysts and industry leaders say.

Visit, http://business.financialpost.com for the full story.

April 26, 2013  By The Financial Post

Print this page


Stories continue below