Intense depression in WOOD and HOUSING markets
Day 590, 07:41
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Published in Canada 
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by
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by Samuel de Champlain
As WOOD price is falling to a historical level (under 0.25$/unit vs average of 0.40$/u), many wood producer are filling for Chapter 11, as treasury is depleted and no other alternative is showing up at the horizon.
WOOD market is currently over saturated as HOUSING sector companies are just gone of the market, and aren't buying WOOD anymore, principally due to shortage in Human ressource and fearce competition wich have driven house price under the production cost (under 130$). Foreign competition is coming from Germany and UK, dumping cheap HOUSES on the canadian market as IMPORT TAX is way to low.
It is very uncertain to see a short term recovery, as profitability in WOOD and HOUSING sector have evaporated. Former employees are quiting their job to join other RAW MATERIAL companies, and demand for wood and house product is not there.
JUST LOOK LIKE eCANADIAN ECONOMY IS CURRENTLY IN RECESSION.
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Actually, the wood recession happened world wide. Since the 10th of June wood stock has increased 3x world wide to 1,000,000+ units of wood.
No one can explain it but it's happening world wide because wood companies are still consuming the same amount of wood.
However, we can fix the issue in Canada with a sound economic plan.
As for foreign wood in Canada your off your knocker because I don't see any.
Foreign competition is related to HOUSING market.
What does eCanadian government will do about the issue in its economic plan?
Well housing import taxes were already raised.
If the Canadian housing industry can prove it can produce more Q1 Q2 and Q3 homes then it deserves higher import tax. The import tax was mostly removed because there were maybe 3 house companies in Canada.
For some reason eCanada lacks a decent sized skilled construction population, we had a decent size going right into beta. (Many of the top paying jobs in all of eCanada were from Yellowknife Housing and Health Canada)
I think a portion migrated elsewhere in the post-V1 launch clusterfuck, and our traditionally weak housing market never trained more than enough high skill construction then to fill the Q5 hospital and DS companies.
That, and for a about a month the wages for construction globally jumped up, at 7 skill I was making 1 gold a day. Then all the V1 boomers stopped buying highQ housing.
The Canadian oil market is no better...
I'm now trying to sell in Serbia, and I've created the OCPP to help cope with the issue.
The OCPP will hopefully gain a monopoly on the Canadian market and be able to control prices with ease, once that happens, oil may become profitable again.
The OCPP forums can be found here: http://ocpp.forumotion.com/" target="_blank">http://ocpp.forumotion.com/
NOTE: Non-OCPP members will have Restricted access to the forums.
If the government is unable to help us, then its up to the companies to create alliances and sort out the issue for themselves.
When I will run again for congress my main issue will be the Canadian economy and Canadian business.
Hopefully I may also be able to run for president later on, and maybe we can see more done then.
This org is represented by Octavian_F btw.. lol
The oil industry in Canada is actually stable. Prices haven't gone up or down in the last 60 days.
As for the wood industry the world supply of wood has 4x over the last 20 days.
No idea why.
However, company closures even by just one closure can heavily affect Canada.
For example, a Q5 housing company in Canada consumes about 10,000 Wood units every 20 days.
20 Days ago Canada's supply was 9,243 Wood units and now it is 35,419 units of Wood as seen here:
http://ereptools.pl/graph/stock/country/23/industry/r9/quality/1" target="_blank">http://ereptools.pl/graph/stock/country/[..]ty/1
In Beta we had a good housing industry but it went to crap with no new people and the fact that houses were $48 CAD. When V1 arrived a lot of workers from both manu and construction left because of lower wages.
If you look at charts you'll also see our wood supply is in unison on graph with world wood supply.
http://ereptools.pl/graph/stock/country/0/industry/r9/quality/1" target="_blank">http://ereptools.pl/graph/stock/country/[..]ity/1
Dean, when you own an oil/wood company, then you can go around telling us the market is fine. I'm tried of ignorant ministers running our government.
Oil is NOT profitable. I've seen a steady decline from 0.6 CAD to 0.3 CAD. And the 0.3 CAD is still only barely selling.
So far the current government has been a complete failure in regards to the economy. The Grain, wood, and oil markets are in shatters. The Food and especially the companies are no better, and god knows how the other industries are faring.
Like I said, when/if I get elected as a congressman/president, things will change.. I have shown I am capable of real solutions even when I have not been in government. The creation of the OCPP is one such example, and I can assure you, I'll be showing the government a lot more examples in the future.
Note: Yes i know that in RL Canada we have a "prime minister", but this is erep. And there is no queen in erep.
The main probably may just be a lack of boomer growth. We need more citizens joining the game.
Ha,
try the grain industry instead Q2 at 0.50 CAD isn't selling for whole 24 hours. I would love to have 0.60 CAD... 🙂
I might add that Q1 food industry is also very depressing...
eCanada's wood has gone limp.
"Octavian_F 6 hours ago
Dean, when you own an oil/wood company, then you can go around telling us the market is fine. I'm tried of ignorant ministers running our government.
Oil is NOT profitable. I've seen a steady decline from 0.6 CAD to 0.3 CAD. And the 0.3 CAD is still only barely selling.
So far the current government has been a complete failure in regards to the economy. The Grain, wood, and oil markets are in shatters. The Food and especially the companies are no better, and god knows how the other industries are faring.
Like I said, when/if I get elected as a congressman/president, things will change.. I have shown I am capable of real solutions even when I have not been in government. The creation of the OCPP is one such example, and I can assure you, I'll be showing the government a lot more examples in the future.
Note: Yes i know that in RL Canada we have a "prime minister", but this is erep. And there is no queen in erep."
LOL what are you smoking there buddy? Let's get some facts straight first.
1) I am not a minister
2) I own a Q4 Wood company and a Q3 Oil company in Canada
3) The entire world Wood supply has gone up by 3x in the last 20 days. If anyone is to blame it's by crappy wood owners who undercut each other, crappy housing business owners and crappy admins for not fixing the way oil works.
Moving Tickets is a broken industry to invest in Oil or Tickets is not a smart move at all.
Dean, to answer your 3 points:
1. sorry I meant congressman or w.e.
2. I did not know you owned such companies, but nevertheless the different Q's of each product may have slightly different markets. The Q1 Industry in Canada is crippled, as not everyone can afford upgrades.
3. Yes i know. lol
Also, there are other ways to fix and regulate the economy other than investment. Sure a government stimulus package would help greatly, but there are other methods such as creating unions n such to regulate prices. I still stand firm that the government has not done enough to help Canadian business owners. I also understand that the economy may not be the current administrations greatest concern... and that is also a problem..
"Also, there are other ways to fix and regulate the economy other than investment. Sure a government stimulus package would help greatly, but there are other methods such as creating unions n such to regulate prices. I still stand firm that the government has not done enough to help Canadian business owners. I also understand that the economy may not be the current administrations greatest concern... and that is also a problem.."
I have plans to fix the economy, this is why I released 2 parts of an economic reform so far.
However, I am not anywhere near a ministry position right now, the current MoF is focused on creating funds for Canada and the future MoF which, has been selected by the CEP and CPP/CSD/DAL does not have this as a concern either since the economics he has learned though his terms as a Deputy all derives from Alexander Rearden. He wants the dollar to hit a 1=40 rate and trust me if you have no gold to export a lower dollar won't help you get any gold to export.
Well apart from tax change, and monetary policies, maybe government incentives and bailouts and other plans could help boost the economy.
The government could pledge large gold funds to the Bank of Canada and offer VERY low if non-existent interest rates to company owners to purchase market licenses and raise Q levels.
Another idea is to create multiple unions. I have personally created the OCPP (here is a link to forums: http://ocpp.forumotion.com/)," target="_blank">http://ocpp.forumotion.com/), the OCPP works to regulate prices and supply back to normal by uniting all companies in once specific sector. The government could work to implement such unions.
The ideas are endless those are just two that I can come up with apart from the tax changes and monetary policies. I think if the government really sets its mind to it, we can definitely fix the Canadian economy.
And remember a better economy = better wages = more citizens moving here. Plus we make more in taxes and whatnot and Canada can grow larger.
lol nothing can we down without a knowledge and extremely active MoF or someone appointed to run the economy
I am very worried about eCanadian Economy is Wood, Housing, Grain, Food, Oil, and Moving tickets industries are into RECESSION.