Lumber company shares rise on news the US intends to cut softwood duties
CIBC suggests average US duties would drop from about US$67 per thousand board feet to $30 based on current pricing levels.
Forestry companies fall as US housing stats show slowing demand
Signs of potential slowing come after a strong run for the industry.
Lumber prices see ‘major jump’ after BC wildfires
Analysts say price hike is due partly to a limited supply as mills across the province shutdown due to the fires.
Softwood dispute redux – it’s time to secure new lumber markets
Victory in the latest trade battle will only be secured if Canada uses all of the weapons in its arsenal.
Canada and US still ‘very far apart’ on softwood lumber: Freeland
Levies on Canadian softwood sent to the US currently range from three to 24%.
Federal government set to help softwood industry with $1B aid package
Plan expected to include EI enhancements for laid-off workers and funds to assist with exploring new markets and innovations.
BC Liberals threaten US coal with carbon tax after softwood levy
About 94% of thermal coal exported through BC comes from the US.
It’s Canada’s turn to get blasted by Trump
White House makes it clear that issues over dairy and softwood lumber are related to NAFTA renegotiations.
Trump’s trade actions bring uncertainty to Canadian lumber country
Also fears of anti-dumping duty on softwood, renegotiating NAFTA and a border tax.
Will trade get Trumped? Play it cool with ‘America First’
Companies are still optimistic about sales but many are concerned about potential US protectionist policies.
Stormy days ahead for Canada with new US trade representative
Former diplomat suggests there is little desire by the new US administration to reach any quick deal on softwood lumber.
Wood products outlook rosy for 2016, darker for 2017
Likelihood of softwood lumber import duties will weigh on bottom lines.
What Trump’s victory could mean for Canada’s economy
With the support of a Republican-controlled Senate and House of Representatives, Canada could feel some pain from the Trump administration.
Quebec hires Raymond Chretien to help in softwood lumber dispute
Ex ambassador to the US says time is a factor as US elects Clinton or Trump, both critical of free trade.
Canadian envoy fires back on US softwood lumber rhetoric
US senators allege Canadian lumber is subsidized, unfairly traded and well-documented adverse economic impacts.
How a trade feud with Canada built hundreds of homes in the US
A provision in the 2006 agreement guarantee $500 million in penalties levied on the Canadian lumber industry would go to American charities.
Canada’s wood sector on the rise
US housing recovery and lower loonie are leading growth, report says.
West Fraser tops global softwood lumber production, but Canfor narrows gap
International Wood Markets survey says overall global softwood production grew by only 2%.
Washington goes to bat over softwood dispute
U.S. could seek billions in penalties over allegations B.C. broke 2006 softwood lumber agreement
US takes Canada to court alleging BC softwood violations •
Canada is being brought before an international court by the US, which alleges BC is breaking the 2006 softwood lumber agreement by selling the province’s timber at artificially low prices.