In Canada, Where There’s Smoke There’s Fire
Wildfires are once again raging in Canada, impacting air quality but also lumber supplies for the North American market. The most immediate sign of the fires has been the effect on the atmosphere, creating smoke conditions in the northern United States. However, this year’s wildfires are once again destroying millions of acres of forest, a […]
USMCA July Deadline Likely to be Missed
Adding to the uncertainties surrounding trade amongst the US, Mexico and Canada is the forecast that a new agreement is unlikely once the current one expires. The deadline for renewing the US-Mexico-Canada Agreement — the successor to the better-known NAFTA — is July 1, but Bloomberg reports that according to those close to the situation, […]
Canadian Province Sets 10-Year Forestry ‘Roadmap’
As tensions continue in the trade battle between the U.S. and Canada, Ontario is taking a pro-active stance in planning.
Canadian Lumber Market Finishes Up Year in Turmoil
Ever-changing trade policies with the U.S., a dismal housing market and subsequent mill closings continue to plague conditions. North American lumber production is reportedly at its lowest level in more than a decade, particularly in Canada, which supplies a large percentage of the wood the U.S. imports. After a year in which the Trump administration […]
New Toronto Mass Timber Building Tallest in the City
At ten stories tall, the newly opened Limberlost Place structure sets a new precedent in Canada’s largest city. Up until 2022, mass timber buildings in Toronto could only rise six stories but Limberlost Place’s height represents a new standard for the city and the entire mass timber field. Located at the city’s George Brown College […]
Canadian Government Grants $1 Million to Four Wood Manufacturers
As the entire construction and home products sector continues to struggle, the investment is seen as a boost to the supply chain. Four Quebec-based wood manufacturing companies are receiving $970,267 from the Canadian government “to modernize equipment and increase production capacity, as part of a broader federal push to strengthen the residential construction supply chain,” […]
New Study Shows Devastating Impact of Canadian Lumber Tariffs on Home Building
Two University of Tennessee professors report how higher duties on imported wood directly impact housing prices. Contradicting the Trump administration that American lumber can replace imported wood from Canada, Andrew Muhammed, a professor of agriculture and resource economics, and Adam Taylor, professor of natural resources, wrote in their new study that this is not necessarily […]
The Lumber Tariff Wars Continue with Canada
Trying to keep track of the latest developments in trade between the U.S. and Canada is a daunting task, especially when it comes to lumber. Even as the two countries appear to have stepped back from the ledge when it comes to retaliatory tariffs – at least for now – lumber continues to be in […]
Tariffs Finally Hit Canadian Wood Shipments to the U.S.
Everyone’s been waiting to see when the bill would come due for the Trump duties on Canadian Lumber. July was the month. Prices of Canadian lumber coming into the U.S. are as much as 60 percent higher than they were just a year ago as tariffs instituted by the Trump administration are fully taking hold […]
Will Canada Become the Housing Factory to the World?
The nation’s new prime minister is pushing to make it so with a focus on expanding its manufactured housing industry. Shortages in housing – especially residential housing – seem to be a fact of life throughout the modern world, but it’s especially true in North America where high building costs have resulted in equally as […]