Canadian wood product prices rose 6.0% in July from previous month and remained up 12.0% from a year earlier, after rising 5.7% the prior month, Statistics Canada reported.

That is the highest level since March 2025.

Canada's broader factory-gate prices rose 0.6% from June and were up 12.4% from a year earlier.

Wood product prices trailed the broader benchmark by 0.4 percentage points year over year, leaving July's monthly gain short of the wider rise in factory-gate prices.