lumber - Fix Team

U.S. moves to double tariffs on Canadian softwood lumber imports

By:Building .caPosted: May 25th, 2021In: ConstructionNews

CALGARY – A move by the U.S. Commerce Department to increase preliminary tariffs on softwood lumber imports from Canada, if finalized, will raise producer costs and cut into their profits but is unlikely to affect prices to[...]

Home renovation savings prove elusive as wood prices at record highs

By:Building .caPosted: May 8th, 2021In: ConstructionNews

CALGARY – Canadian consumers have many ways to save money on home renovations despite a pandemic-driven surge in demand that has jolted lumber and construction panel prices to all-time highs. However, such advice usually falls on deaf[...]

Rising loonie hits ‘sweet spot,’ likely to climb further: economists

By:Building .caPosted: May 4th, 2021In: ConstructionNews

Economists say the Canadian dollar is at a ‘sweet-spot’ after rising for seven straight days to top 81 cents US, a point where it benefits consumers but doesn’t hurt businesses too much. The loonie traded[...]

Canada has new ways to pressure Washington over softwood lumber duties: ambassador

By:Building .caPosted: Apr 9th, 2021In: ConstructionNews

VANCOUVER – Canadian officials have new leverage as they urge Washington to negotiate a solution to the long-standing dispute over U.S. duties on softwood lumber, Canada’s ambassador to the United States said Thursday. Kirsten Hillman[...]

Benchmark lumber prices jump to a record US$1,000 despite slowdown in sales volumes

By:Building .caPosted: Feb 18th, 2021In: ConstructionNews

CALGARY – Homebuyers and renovators hoping for a mid-winter price slump are instead being greeted with new all-time record high prices for lumber and oriented strandboard (OSB) building panels. Western SPF (spruce, pine, fir) lumber prices rose to a[...]