The closing inventories for sawmills in Canada, excluding shingle and shake mills, forecast a consistent increase from 2024 to 2028. The values increase from 3.0799 billion to 3.428 billion Canadian Dollars, indicating a stable growth trajectory. Without 2023 inventory figures, precise percentage variations for year-on-year changes and the compound annual growth rate (CAGR) cannot be deduced. However, the projected upward trend is clear.

**Future Trends to Watch:**

Potential impacts from changes in demand for Canadian lumber, both domestically and internationally.
Environmental regulations that might affect production efficiency or costs.
Technological advancements in production processes that may influence inventory levels.