An ongoing trade dispute with Canada and the COVID-19 pandemic are driving up the cost of softwood lumber in the U.S.
Lumber mills in the Pacific Northwest have cut production amid coronavirus lockdowns, and contractors have turned to Canada for wood. Canadian lumber producers are paying average tariffs of more than 20% on timber shipments to the U.S. This results in an average price increase of about 8% in the U.S.
The Trump administration applied tariffs on Canadian softwood lumber in 2017, asserting that the industry is unfairly subsidized by the government north of the border. It is unlikely that this trade clash will be resolved this year.
Related Stories
Sustainability | Aug 30, 2016
New federal project plans must include climate impacts
Agencies must quantify the specific impacts when possible.
Green | Aug 29, 2016
Vancouver, B.C., to require zero emissions on new buildings by 2030
No net GHG emissions will be allowed.
Codes and Standards | Aug 25, 2016
Freddie Mac extends efforts to fund multifamily energy/water efficiency projects
The Multifamily Green Advantage targets existing buildings.
Codes | Aug 24, 2016
Weak building codes no match for recent natural disasters, say industry experts
The recent floods and wildfires in Alberta are being cited as proof.
Legislation | Aug 24, 2016
World Trade Center contractor found guilty of minority-owned business fraud
The company used two minority firms as fronts in a nearly $1 billion scheme.
Codes and Standards | Aug 22, 2016
Federal construction contractors propose reforms to federal project delivery
Industry leaders offer how procurement system could be improved.
Legislation | Aug 19, 2016
California lawmakers may take action to address contractor negligence
An assembly committee heard testimony on deadly balcony collapse that occurred last year.
Energy Efficiency | Aug 17, 2016
Investor Confidence Project aimed at raising trustworthiness on energy efficiency projects
The new initiative screens projects to see if they are investor-ready.
Standards | Aug 17, 2016
U.K.’S BREEAM green building standard enters U.S. market
The standard is touted as a cost-effective alternative to LEED.
Standards | Aug 16, 2016
Standard for conducting, reporting energy audits open for review
A joint ASHRAE/ACCA proposal seeks comments from industry professionals.