The Softwood Lumber Board (SLB) has released its 2017 results, which show continued year-on-year growth across key metrics of value to the industry. The results also stress the importance of the softwood lumber sector to the economy as a whole. Highlights include:
- SLB-funded initiatives generated 1.02 billion board feet (bbf) of incremental softwood lumber demand in 2017.
- Since its inception in 2012, the SLB has created more than 3.6 bbf of new demand and resulted in an incremental $1.33 billion of revenue.
- The SLB has delivered a total return on investment of $19.74 in incremental revenue for every $1 spent since 2012.