Wood Industry Spring 2022

Page 41

FACTS AND STATS

1.84 billion

Monthly retail sales of furniture and home furnishing stores in Canada amounted to 1.84 billion dollars in August 2021. Source: Statistica

$140,000 In September 2021, Ontario manufactured 140,000 dollars worth of wood kitchen cabinets and countertops.

6.9%

Statistics Canada

Lumber and other wood products were the largest contributing factors to the monthly decline in the IPPI, with a decrease of 6.9%. Statistics Canada

39.1%

1.11 billion

Recruiting skilled employees was expected to be an obstacle for 39.1% of businesses in manufacturing, the highest proportion of all sectors.

In March 2021, the GDP for the office furniture manufacturing sector stood at around 1.11 billion dollars. Statistics Canada

Statistica

19,695 The trade value of furniture exported from Canada to the United States amounted to approximately 4.79 billion USD in 2020.

4,000 There are more than 4,000 independent kitchen cabinet shops across Canada. Statistica

CKCA www.woodindustry.ca 41


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