If Canada has been declining their exports of lumber because of a domestic negative supply shock, what has happened to Canadian timber prices? Has that also fallen? If so, why aren't U.S. timber increased their exports to Canada? In other words, how can there be a shortage of timber in Canada, but a glut of timber in America?
so i guess i’ll have to hold off on that backyard DIY deck and substitute with a concrete/flagstone patio...unless quarries and stone producers are in simiilar situation?
(1) Imports of timber and lumber. Why haven't we seen a rise in lumber imports from places like China and Brazil?
(2) You seem to imply that sawmills order timber from all over (e.g. Alberta) but local lumber shops only order from local sawmills. Why? Is there some economy of scale in transportation that I am not thinking about?
What are the barriers to entry in the Sawmill industry? Is it cost and expertise? Or are there regulations? You'd hope to see more Sawmills open up seeing this type of misallocation.
If Canada has been declining their exports of lumber because of a domestic negative supply shock, what has happened to Canadian timber prices? Has that also fallen? If so, why aren't U.S. timber increased their exports to Canada? In other words, how can there be a shortage of timber in Canada, but a glut of timber in America?
so i guess i’ll have to hold off on that backyard DIY deck and substitute with a concrete/flagstone patio...unless quarries and stone producers are in simiilar situation?
Super interesting. I am curious about two things.
(1) Imports of timber and lumber. Why haven't we seen a rise in lumber imports from places like China and Brazil?
(2) You seem to imply that sawmills order timber from all over (e.g. Alberta) but local lumber shops only order from local sawmills. Why? Is there some economy of scale in transportation that I am not thinking about?
What are the barriers to entry in the Sawmill industry? Is it cost and expertise? Or are there regulations? You'd hope to see more Sawmills open up seeing this type of misallocation.