[btbuildem]

As a Canadian - awesome! (Given that I understand the consequences correctly, that is.)

The incredible demand, coupled with supply chain troubles, has driven up the price of lumber here nearly 300% A 8' 2x4 was $2.95 this time last year, today it's $10.

I hope this cools the exports of lumber from Canada, and we see the prices move back towards a sane level.

[nightowl_games]

As a Canadian, I disagree. The US has unfortunately been shafting Canada on softwood lumber for decades[1].

Your implying that Canadian logging companies are just going to sell cheaper lumber to Canadians. I would say that that's just one piece of the picture.

Canada's economy is based upon selling resources to the United States (mostly oil). The United States historically has abused their monopoly on buying Canadian resources. Since the US is a much larger and stronger country, the US essentially sets the rules.

If American companies stop buying Canadian lumber, it will be a net negative for Canada. We have a massive deficit due to our massive covid stimulus spending. We need American money more than they need Canadian lumber.

1: https://en.wikipedia.org/wiki/Canada%E2%80%93United_States_s...

[Teever]

> Canada's economy is based upon selling resources to the United States (mostly oil).

Oil & Gas accounts for less than 10% of the Canadian economy.

[partiallypro]

This would actually drive up the price even more though? Demand for lumber is pretty inelastic.

[enragedcacti]

In the US it will, in Canada it should go down given that exports to the US will slow and thus internal supply will increase.