The Trump Administration’s threat to slap a 25% tariff on most imports from Canada and Mexico starting on April 2nd will have many unhealthy effects on all three of North America’s economies. If enacted, these tariffs would increase costs and prices and lower total employment, productivity, and real wages across all three economies. However, they will not have a material effect on home affordability in the US.
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A Home Design Catalog Takes Aim at a National Housing Shortage
In an effort to speed up much-needed homebuilding, Canada aims to bring back a tool that was last used in the post-war housing crisis.
Canada’s Caribou Conservation Goals and Woodland Management
One of the world’s biggest softwood lumber producing countries is in the midst of a major conservation effort that could place some Canadian fiber off limits to harvesters. Canada is taking steps to preserve boreal caribou habitat through provincial conservation plans.
Canada’s Record Wildfires had Limited Impact on Lumber Supply
The 2023 wildfire season in Canada was vast and voracious. The amount of forested acres that burned this year was by far the largest ever recorded at 45.7 million acres. That represents a total land mass that is bigger than the state of Missouri that went up in smoke this year alone.
Wildfires Rage in Canada
Canada’s wildfire season roared through spring and has already burned the largest amount of land ever recorded in a year. By late-June—with several months of wildfire season left to go—the burned area exceeded the full-year record made in 1995, according to Canadian Interagency Forest Fire Centre Inc. (CIFFC) data. Canada’s typical wildfire season peaks in July and fizzles out by October.
Monthly Panel Advisor
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