50% tariffs on Canadian aluminium and steel bring US housing to suffer from an additional $10,000 construction cost

The American dream of owning a white-picket-fenced home is quietly being priced out - brick by brick, beam by beam. And no, this time it’s not inflation or rising mortgage rates to blame but tariffs it is, with a maple twist.

According to the Canadian Chamber of Commerce, tariffs imposed on Canadian construction materials can potentially incur an additional cost of USD 10,000 to building a home in the United States by 2027, given some of the key construction materials used in building a house come from Canada. Such as 70 per cent of the lumber used in the US residential buildings, 25 per cent of iron and steel, and 18 per cent of copper.
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