Yeah I mean there are sooo many products that this would affect, but for instance this is kinda like applying a 10-25% cost increase to residential construction, including multi-family structures. So much of the lumber used in the construction industry comes from Canada. We have our own production in the US, but this will drive the price up across the board whether it’s foreign or domestic source, I don’t think we have enough production to meet demand.
Add in some forest fires that we are definitely going to see going forward, and it could be pretty rough on housing pricing.
I feel like we’ve had tariffs on Canadian lumber in the past and they took us to the WTO over it.
Yeah I mean there are sooo many products that this would affect, but for instance this is kinda like applying a 10-25% cost increase to residential construction, including multi-family structures. So much of the lumber used in the construction industry comes from Canada. We have our own production in the US, but this will drive the price up across the board whether it’s foreign or domestic source, I don’t think we have enough production to meet demand.
Add in some forest fires that we are definitely going to see going forward, and it could be pretty rough on housing pricing.
I feel like we’ve had tariffs on Canadian lumber in the past and they took us to the WTO over it.