Saturday 3 July 2021

Construction in Canada becomes less affordable due to cost of materials amid COVID-19 pandemic

Global News shows that the COVID-19 pandemic has caused construction prices to increase like never before, as plywood rose from $45 a sheet before the pandemic to $130, and recently dipped again to about $100 a sheet.

These prices may force consumers either not to buy or renovate their properties, or to delay their projects.

But, as Sean O’Shea reports, this kind of flexibility is not an option for large projects, driving rental or selling prices to increase.

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