The housing market is making your toilet paper more expensive

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The housing downturn has sparked a crisis in lumber, sending futures tumbling more than 60% in the past 12 months. Find out more.

, sending futures tumbling more than 60 per cent in the past 12 months. As a result, sawmills are closing up shop. In Canada, the world’s largest softwood lumber producer, roughly a third of sawmill capacity is now shuttered in British Columbia.Sign up to receive the daily top stories from the Financial Post, a division of Postmedia Network Inc.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc.

The saga of toilet paper shows just how difficult it is for global supply chains to bounce back from the snarls that have tormented commodity markets over the past few years. Increased volatility, pandemic-induced logistical woes and Russia’s invasion of Ukraine have caused wild price swings and some shortages across raw materials. That underscores why supply-drivenIn lumber, the market started plunging after a dizzying spike to a record high in 2021.

Brazilian pulp company Klabin SA on Thursday confirmed that producers of softwood pulp around the globe have increased prices by US$30 per metric ton amid the tighter market. That would imply a gain to US$970 per ton from US$940.

 

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..... ACTUALLY MONEY PRINTING IS

More like the Feds printing money like toilet paper drove up the price of toilet paper...and everything else.

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Calgarians struggle to find affordable housing as number of low-cost rental units decreasesFinding an affordable place to rent in Calgary hasn’t been easy for Gregory Fraser. it both baffles and amazes me to watch people now complain about issues they chose to be ignorant about before: 1) Why do College & University students get first pick, even during the summer months when they are not here? 2) Prices go up right before stampede and do not come down With Trudeau’s immigration plans there should be another 50 to 100 thousand more people looking for somewhere to live in Calgary this year. You ain’t seen nothing yet FYI.. Low cost housing should be ONLY for veterans, and people with dissabilities, including mental and physical, NOT for the woke, who dont believe in working for a living.
Source: CTVCalgary - 🏆 26. / 68 Read more »