Prices will increase the price of houses

Prices will increase the price of houses


American customs tariffs are likely to upset the Canadian residential construction sector, promoters providing higher construction costs and broken supply chains.

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An entrepreneur entrusted to Globe and Mail That, according to its estimates, American prices would increase construction costs by around 4%. “We are still evaluating the situation, because it is complicated,” he said.

The construction of houses often involves large elements, which is why manufacturers have developed significant operations on both sides of the border for almost three decades. This allowed essential components of the house, such as heating, ventilation and air conditioning systems, steel and dry partitions, to cross borders, writes the Globe.

Not only did the US President said that he would impose customs duties of 25% on most Canadian imports-before giving a month-long one to the Canadian government-Canada also said that ‘It would respond with customs duties on American products, including certain kitchen devices, certain types of floor coverings, doors, beams and floor panels assembled.

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