Homebuilders navigate higher material costs, uncertain supply chains amid trade war
- Many industries in Canada, including homebuilders, face uncertainty due to trade war tariffs and economic instability.
- Mandelbaum stated that the impact on costs is hard to quantify, but it affects business confidence and timely material availability.
- Mandelbaum noted that the availability of Canadian materials has increased, reducing initial fears.
- Concerns are growing in the industry as the number of new construction starts remains lower than needed, leading to worries about future growth.
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Homebuilders navigate higher material costs, uncertain supply chains amid trade war
Breaking News, Sports, Manitoba, Canada
·Winnipeg, Canada
Read Full ArticleHomebuilders navigate higher material costs, uncertain supply chains amid trade war – 105.9 The Region
As a tariff storm blew in from south of the border earlier this year, many industries in Canada, including the home building sector, feared the unknown ahead of them. With stakeholders already keenly aware of the need to rapidly scale up housing supply and improve Canada’s housing affordability gap, blanket tariffs and more targeted material-specific levies meant additional unwelcome obstacles to overcome. That included a potential need to slow …
Coverage Details
Total News Sources37
Leaning Left17Leaning Right2Center4Last UpdatedBias Distribution74% Left
Bias Distribution
- 74% of the sources lean Left
74% Left
L 74%
C 17%
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