I vacation in the South, on a lake nestled among miles upon miles of timber land , mostly pine. I noticed that the pine timber being used on a house under construction came from Canada, probably a thousand or more miles away. Since I know Canada is not a low labor cost place, and that pine grows faster where it's warmer,(perhaps resulting in more wood but of a lower quality) and that transportation isn't free I'm unable to understand why it's imported. Unless Canadian taxpayers are giving their producers a subsidy. Or American authorities don't care about jobs.http://m.theglobeandmail.com/report-on-business/rob-commenta... this source is a Canadian newspaper so it may have a Pro Canada biasIf we can't even compete with something like a common type of wood we have problems.
Best Of |
Favorites & Replies |
Start a New Board |
My Fool |
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar. Earnings Estimates, Analyst Rat