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The skyrocketing cost of lumber is fuelling a trend that has authorities across the country warning builders to keep their guard up. Canadian authorities have been warning about the rise in lumber thefts, which has some people quipping on social media that wood has become as desirable as gold. Det. Sgt. Tosha Ternes of the Saskatoon police said the city has seen a huge jump in thefts at construction sites since 2018. “We’ve driven out to these areas that are getting hit and it is a gold mine with valuable stuff laying everywhere,” Ternes said in an interview. Ternes also noted that some construction sites have been hit three or four times. One site lost $2,700 worth of lumber in one night. Thieves came back to steal appliances, then went after flooring that was still in its packaging. Experts have said soaring lumber and wood panel prices have added thousands of dollars to the cost of building a home in Canada. And, with the COVID-19 pandemic, more people are staying put and renovating, which has made for high demand in materials that is outstripping supply.

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