Lumber supports won’t ‘make any difference,’ New Brunswick industry insider says
AI Article Summary
Prime Minister Mark Carney announced support measures for the softwood lumber and steel sectors, as part of efforts to manage the ongoing trade tensions with the United States. Industry insiders from New Brunswick expressed skepticism about the effectiveness of these supports. They believe that these measures might not significantly impact the current challenges faced by the industry. The announcement comes amid ongoing trade disputes affecting Canadian exports to the U.S.
What This Means for Canadian Contractors
For Canadian builders, this means potential increased complexity in navigating trade-related challenges, especially in the procurement of softwood lumber. While government supports are announced, the effectiveness and immediate impact on costs and supply chain disruptions remain questionable. Builders need to consider alternative strategies for sourcing materials and managing project timelines amidst trade tensions.