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Building costs soar as pandemic fuels shortages in construction
The Review reports that low mortgage rates spurred home renovations, driving record price spikes and material scarcities. Lumber and OSB costs jumped dramatically while trades face tighter supplies. Flamand Construction owner Dwayne Flamand notes higher labour and material costs, uncertain demand, and strained smaller jobs, with a trend toward repairs over new builds.
MENTIONED IN THIS ARTICLE
Flamand
Dwayne Flamand
Strand Board
OSB
Dauphin