Published 3 years ago

Wildfires are pushing up lumber prices — but not for why you might think

Summary by Ground News

The price of lumber rose at its fastest pace in more than a year on Thursday. Prices are spiking because lumber companies in B.C. and elsewhere are scaling back operations. Vancouver-based Canfor said it will produce about 115 million fewer board-feet of product this quarter.

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CBC News

Wildfires are pushing up lumber prices — but not for why you might think

The price of lumber rose at its fastest pace in more than a year on Thursday, after timber companies warned that wildfires in Western Canada are hurting their business.

3 years ago·Canada

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