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Canadian Wildfires Shutter Sawmills, Drive Up Lumber Prices

Canadian Wildfires Shutter Sawmills, Drive Up Lumber Prices - New Delhi Times - India Only International Newspaper

Canada's worst-ever spring wildfire season has forced its forestry industry to shutter sawmills, driving up lumber prices and setting production back for months just as housing construction has slowed due to higher costs and a tight labor market. Canada has the world's third-largest forest area and is the second-largest softwood lumber producer, according to Canadian…

Analysis: Canadian wildfires shutter sawmills, drive up lumber prices

Canada's worst-ever spring wildfire season has forced its forestry industry to shutter sawmills, driving up lumber prices and setting production back for months just as housing construction has slowed due to higher costs and a tight labour market.

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