The BC Lumber Trade Council is warning that threatened US tariffs stacked on top of duties against Canadian softwood could lead to soaring costs for residential construction, including in American states seeking to rebuild after natural disasters. Hurricane Helene damaged or destroyed an estimated 73,000 homes in North Carolina last fall, and wildfires burned more than 15,000 structures in California in January, the BC council said in a submission this month to the US Department of Commerce. “Significant hurricane reconstruction efforts are also underway in Florida, Georgia, South Carolina, Virginia and Tennessee,” the council’s 55-page filing says. The submission was a response to a March 1 executive order… which also threatened new lumber tariffs, cited Section 232 of the Trade Expansion Act, allowing him to connect the softwood file with national security. The probe into softwood and other wood products is scheduled to be completed by the end of this year. [to access the full story a Globe and Mail subscription is required]
A coalition representing part of the US lumber industry is firing a shot at BC’s Forests Minister, who has suggested the State-side industry is not willing to engage. “
As tariffs reshape supply chains, more Americans may be checking packaging for the “Made in USA” label, either to sidestep import taxes or to support domestic businesses. …According to the Federal Trade Commission, to qualify for the label, US authorities must determine that a product’s final assembly or processing has taken place in the US, and that a significant portion of its manufacturing costs must also be incurred domestically. …That said, some foreign components are allowed to still qualify as “Made in USA.” — as long as they don’t substantially transform the product. …However, bilateral trade agreements can override these rules. Under the United States-Mexico-Canada Agreement, a one-time importation of a commercial product valued under $2,500 is exempt from country of origin labeling requirements.
LAS VEGAS — Canadian Steelworkers joined thousands of delegates from across the US and the Caribbean at the 2025 United Steelworkers union (USW) International Convention where a resolution calling for fair trade and an end to Trump’s reckless tariffs on Canadian goods was unanimously adopted. …USW members made it clear: Canada is not the problem. …Marty Warren, USW National Director for Canada, “These tariffs hurt workers and communities on both sides of the border. …Jeff Bromley, Chair of the USW Wood Council, “We’re not the problem – we’re here to help,” said Bromley. “We’re here to help rebuild after the fires in California, after hurricanes in the Carolinas. We’ve been your brothers and sisters, your neighbours – and we want to continue to be that. We want to grow that relationship.” The resolution calls for a permanent exemption from Section 232 tariffs… and a coordinated strategy to protect and grow union jobs across the North America.
This is the USD 64,000 question. …What we currently know is that Canadian softwood lumber carries a 14.5% tariff rate, which could expand to 34.45% later in 2025. …If we split the difference between the NAHB’s and FEA’s estimates, the average sized new home consumes 34,000 bf of lumber. As such, should the tariff increase to 34.45%. …,Should the administration levy an additional 25% “immigration and Fentanyl tariff” on Canadian lumber (which is currently exempt), the cost/home would rise to approximately USD 1,100/home. …In reality, total wood usage in home construction includes a variety of wood types including softwood lumber, oriented strand board, engineered lumber and plywood. Each category has its own pricing and supply dynamics. One additional point… It is estimated that the repair and remodel (R&R) market accounts for 35-40% of lumber demand while single-family home construction accounts for an additional 35%. …For more on the latest real estate trends, 
The Bank of Canada held its benchmark interest rate steady at 2.75 per cent on Wednesday, ending a run of seven consecutive cuts. The decision, for which the market had given roughly even odds, comes following weakening inflation data published yesterday, and as Canadian and global economies contend with U.S. President Donald Trump’s twisting trade war. In its decision, the Bank noted various signs of the Canadian economy slowing, and outlined two possible scenarios that underline the uncertainty of the trade war. “Consumption, residential investment and business spending all look to have weakened in the first quarter,” the central bank said in a statement alongside the decision. “Trade tensions are also disrupting recovery in the labour market. Employment declined in March and businesses are reporting plans to slow their hiring. Wage growth continues to show signs of moderation.”
President Trump is forging ahead with his aggressive tariff campaign, moving on from “reciprocal” tariffs to the sector-specific tariffs he promised. To do so will involve Trump’s continued application of Section 232 of the Trade Expansion Act of 1962, which allows a president to impose tariffs to protect or bolster domestic industries if there are deemed potential national security threats. What used to be a rarely employed trade provision has been a favorite instrument. The Commerce Department previously launched Section 232 probes into copper and lumber. And earlier this month, the administration started investigating pharmaceuticals and semiconductors. …Softwood lumber is a critical and preferred ingredient for homebuilding, and 30% of it is imported by the US. Homebuilders warn that tariffs on softwood lumber and other materials could further exacerbate the housing affordability crisis. Higher costs of lumber imports could also affect other products, such as furniture and even toilet paper.
A BC economist says policy proposals from the federal parties do not measure up to the scope of Canada’s housing problem. “(Much) of the policy shift is shifting in the right direction. We still have the problem that the concrete policies on the table don’t match the scale of the housing crisis,” Alex Hemingway, with BC Society for Policy Solutions, said. …Hemingway said he vetted the platforms through two questions: what are plans doing to significantly increase the supply of more affordable housing in the non-market sector; and how to address exclusionary zoning that exists in the biggest, most expensive cities. …Despite all the funding promises, it is still difficult to increase density in areas currently zoned for single-family homes. …If Canada is looking for ways to reduce its economic dependence on the US, “dealing with these fundamental issues of housing and exclusionary zoning, should be an economic priority.”
Lumber futures fell toward $580 per thousand board feet, sliding further from a two-and-a-half-year high of $685 on March 24th, reflecting a steep decline in construction demand amid disruptive trade policies. The US decision to raise duties on Canadian softwood lumber to roughly 34% has sparked significant uncertainty and raised homebuilding costs, prompting builders to delay projects. Concurrently, Canadian production has been restricted by widespread sawmill closures, diminished timber stocks due to the mountain pine beetle, and tightening forestry policies in key regions like British Columbia, resulting in a surplus that further drives down prices. While there is a gradual shift toward lower-cost Southern Yellow Pine from the US South, logistical and technical hurdles limit its ability to fully offset the reduced Canadian supply. Market participants are adjusting to lower demand expectations amid ongoing trade tensions and a slowing construction sector.
WASHINGTON, DC – Following national home price growth of 5.8% in 2024, a panel of more than 100 housing experts forecasts home price growth to average 3.4% in 2025 and 3.3% in 2026, according to the Q1 2025 Fannie Mae Home Price Expectations Survey (HPES), produced in partnership with Pulsenomics. The panel’s latest estimates of national home price growth represent revisions from last quarter’s expectations of 3.8% for 2025 and 3.6% for 2026, as measured by the Fannie Mae Home Price Index (FNM-HPI).
The European pulp and paper industry is struggling to assess the possible impact of tariffs. …Europe has a marginally negative trade balance with the US for pulp and paper. In 2024, it imported 2.6 million tonnes of P&P from the US. In the same year, it exported 2.3 million tonnes of P&P to the country. The largest trade deficits appear to be around pulp (-975,000 tonnes) and containerboard (-310,000 tonnes, mostly kraftliner). On the other hand, Europe has a surplus in graphic paper and cartonboard sales. …“The only certainty we have is that there will be negative consequences for businesses on both sides of the Atlantic. Trade wars are always detrimental for consumers, but we are a ‘made in Europe’ industry, with local capacities to meet the European demand,” he added. …Most market participants believe the stuttering trade war initiated by Trump will further hurt the already stagnating European economy.
Marie Fallon, the general manager of AR Chambers Supply in Lawrenceville, is nervous about the future of her business. The threat of tariffs has prices fluctuating and she’s worried her supply sources are at risk. …As President Donald Trump’s international trade war rages on, Pennsylvania homebuilding and construction businesses are weathering the dizzying pace of cost increases and then abrupt pauses in tariffs as they try to ensure that long-term projects are completed. Pennsylvania is highly dependent on foreign countries for construction materials, with 63% of the state’s wood imports, 66% of its iron and steel, and 68% of its aluminum coming from Canada and Brazil. …Despite the whiplash changes, some in the industry see the new tariffs as good for the long-term outlook. Hodgkiss Lumber owner Jon Hodgkiss sees Trump’s tariffs as simply a temporary negotiating tactic that will give the US better trade deals.
To reach Ontario’s bold goal of 1.5 million homes by 2031… we have a proven solution — and much of what we need, from innovative building techniques to mass timber and Canadian steel, is right here in Ontario’s backyard. …The Ontario Real Estate Association (OREA) released a new policy report, titled Building More, Building Faster, outlining the importance of embracing factory-built homes as a key part of the solution to address Ontario’s ongoing housing supply and affordability crisis. …Factory-built, or prefabricated housing, is a fast-growing area of homebuilding where homes are constructed in a factory — often using prefabricated 3D components — and assembled at their final address. …OREA’s new report highlights five policy recommendations that would cut red tape and create favourable conditions for investment to significantly boost factory-built housing construction with “Made-in-Ontario” solutions that can eventually scale nationally.
In an emergency directive issued late last week, U.S. Department of Agriculture Secretary Brooke Rollins announced her department’s plan to expand logging and timber production by 25% and, in the process, dismantle the half-century-old environmental review system that has blocked the federal government from finalizing major decisions concerning national forest lands without public insight. Under Rollins’s direction and following an earlier executive order signed by President Donald Trump, the U.S. Forest Service would carry out the plan that designates 67 million acres of national forest lands as high or very high wildfire risk, classifies another 79 million acres as being in a state of declining forest health, and labels 34 million acres as at risk of wildfire, insects, and disease. All told, the declaration encompasses some 59% of Forest Service lands. …Environmentalists say the administration’s plans are likely to only escalate wildfire risk and contribute more to climate change. …A 
CALIFORNIA — State experts said they’re dubious about President Donald Trump’s claims that his directive opening up well over half of the country’s forests to logging will reduce wildfire risk and “save American lives.” Some, such as University of California Agriculture and Natural Resources climate-change scientist Daniel Swain, flatly called the administration’s rhetoric disingenuous and misleading. “It’s BS, frankly,” Swain told The Examiner. “Are we going to try and justify logging forests commercially under the guise of wildfire-risk reduction? …The Trump administration says the benefits of these actions are largely twofold: It will reinvigorate the economy by boosting a stagnant timber industry and significantly mitigate wildfires tearing through the West. …UC Berkeley wildfire researcher Scott Stephens said that logging can be a viable way to mitigate fire risk, as long as it’s done sustainably and arborists are strategic about what trees they’re chopping down.
A federal order to increase US timber production by 25% will touch all 18 of the Golden’s State’s national forests, officials said. The USDA said it does not yet have information about how many acres in each forest will be affected. California’s national forests are on the chopping block — literally — in the wake of the Trump administration’s April 5 order to immediately expand timber production. Last week, US Secretary of Agriculture Brooke Rollins issued an emergency declaration that ordered the US Forest Service to open up some 112.5 million acres of national forestland to logging. The announcement included a grainy map of affected forests, which did not specify forest names or the amount of impacted acreage in each. However, USDA officials have confirmed that the order will touch all 18 of the Golden State’s national forests, which collectively span more than 20 million acres. [to access the full story a Los Angeles Times subscription is required]
