Posts Tagged ‘tariffs’
Tariffs negative impact on overall economy will likely slow down housing starts
Today on Parliament Hill during a press conference to release the third CHBA Municipal Benchmarking Study, Canadian Home Builders’ Association (CHBA) CEO Kevin Lee took the opportunity to speak about how the U.S. tariffs and Canada’s countervailing tariffs would likely impact Canada’s residential construction industry.
Read MoreImpacts of Trump Tariffs on Canadian Residential Construction Sector
CHBA condemns U.S. President Trump’s 25% tariffs that will further degrade housing affordability both in the United States and Canada, and urges the federal government to do what it can to help mitigate the impacts on an industry that is already struggling to build more housing supply and keep costs down for buyers.
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