Miscellaneous
The price of lumber rose at its fastest pace in more than a year on Thursday, after timber companies warned that wildfires in Western Canada are hurting their business. The price of a lumber futures contract jumped by more than 10 per cent, triggering circuit breakers designed to halt trading. Late in the day on Thursday, a contract for 1,000 board-feet of lumber was going for $647 US, up by more than $60 from the previous day's close. GUEST: Liz Kovach, President of the Western Retail Lumber Association Guest Host: Rick Zamperin See omnystudio.com/listener for privacy information.