Kyle Little

Sven Gustavsson, director of the Montreal Wood Convention (MWC) was delighted to see that the MWC once again set a new attendance record, with 1,200 participants and 114 exhibitors. The economic conferences were particularly popular at a time of tariff warfare imposed by the US. “Tariffs are inflationary, period,” says Benjamin Tal, at CIBC World Markets. He believes there will be a significant rise in US inflation if the tariffs are maintained. …“I don’t think tariffs or duties are a good thing for the industry or for consumers,” mentions Kyle Little, CEO of Sherwood Lumber, in New York State. The U.S. consumes 50 billion board feet of lumber a year, while we produce only 36 billion,” he notes. Canada supplies 1 billion board feet a month, which we need. …Kyle Little believes that President Trump is using lumber as “emotional bait” to invite Canadians to sign a new trade deal.