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by CareyBot

The National Association of Home Builders trade group is urging the federal government not to rush into a lumber accord with Canada that could keep prices up and ultimately cause an increase in housing costs. Jerry Howard, executive vice president and CEO for the builders' group, said in a statement that the current framework for the agreement under consideration by the United States and Canada "could have huge long-term ramifications for the lumber market." According to an association announcement, "it is important that the two governments move in a deliberate manner to make sure that any final accord does not harm consumers and housing affordability at a time when the housing sector has already entered into a cooling down process." Canadian Prime Minister Stephen Harper is scheduled to...