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Placeline/People

City Ottawa

State Province Ontario

Country Canada

U.S. tariffs will slow housing construction in Canada, industry group says

Canadian Home Builders’ Association CEO Kevin Lee says U.S. tariffs levied on Canada will have a “muted” impact on their own, but Canadians should still expect home construction to slow. He says a slowing economy and weaker housing market tied to the tariffs could drag down the pace of housing starts while counter tariffs from Canada could drive up construction costs. (Mar. 4, 2025)

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