It depends on the type of building. You cannot equate all buildings equally in pricing, but if it's designed properly from the beginning, wood should be competitive, if not cost saving. It's like any building if it's designed right for performance. Some large buildings, you get into.... We've done a lot on schools, in getting more wood in schools, but when you get to the larger institutions, you can't compete. You know, there's a place for concrete and there's a place where wood can be done. In the six-storey, actually, that's one real competitive edge where, once the developers get going, build, and adapt to the new technology.... In B.C. they're showing 15% to 20% in cost savings, so that brings in affordable housing and developers are really looking at it. It gives alternatives.
On May 12th, 2015. See this statement in context.