The major consequence in the lumber business is that the Loonie is 25% discount to the greenback. This makes it better for Canadian sawmills to sell their products here than anywhere else in the world. It has created an oversupply of lumber in the US and therefore prices are going lower. This is in spite of increased demand from the increase in housing starts. This is especially evident the closer you are freight wise to the Canadian border. The US port strike is also having an effect on the lumber market because it is almost impossible to ship anything going to Asia right now. So, supply goes up, prices go down.
Gee maybe I won’t have to pay 5 bucks for a semi straight 2x4.