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The repercussions of higher lumber prices

Dec. 5, 2016 - The U.S. National Association of Home Builders is concerned about the repercussions of the Canada-U.S. softwood lumber dispute.

The association stated it does not support the U.S. Lumber Coalition's petition against Canadian softwood lumber producers, however it also does not agree with the Canadian government's negotiation methods.

The association fears the dispute could harm various sectors in addition to forestry, as well as raise housing costs in the U.S., which would damage the gradual recovery since the 2008 financial crisis. 

“It’s one of the roadblocks and obstacles we’re trying to overcome to get back to what should be a long and sustainable rate of production,” Paul Emrath, vice-president of survey and housing policy research at the home builder's association, told the Canadian Press.

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December 5, 2016  By  Tamar Atik

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