What Ottawa’s softwood lumber aid package means for the industry

Today’s announcement of an $867 million support package from Ottawa for the softwood sector comes just one month after the U.S. imposed countervailing duties, averaging 20 per cent, on Canadian softwood lumber shipped into the U.S. The quick response from the federal government comes even before the full extent of the impact of U.S. duties

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Dairy, lumber and NAFTA: Protectionism hurts consumers on both sides of the border

For more than 20 years, the North American Free Trade Agreement (NAFTA) has facilitated an expansion of trade in goods and services between Canada, the United States and Mexico. That expansion, the business built upon it and US$2 billion a day in trade between Canada and the U.S. are all potentially at some risk in

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Latest salvo in softwood war must galvanize Canada on market diversification

It’s official. This week, the U.S. Commerce Department announced it will impose countervailing duties on Canadian softwood lumber entering the U.S. – an average of 20 per cent. In June, it will conclude a second investigation initiated by the U.S. lumber lobby, and is expected to slap additional anti-dumping duties of 20 to 30 per

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Market diversification is Canada’s best defence in softwood dispute

This week’s federal budget promised Ottawa is working “towards a new softwood lumber trade agreement that will be fair and helpful to consumers and businesses on both sides of the border (pdf).” However, the budget contains few measures directed at the industry in the likely event that a new agreement is not reached before the U.S.

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Time is ticking on getting a new Softwood Lumber Agreement

President Obama’s address to the House of Commons on Thursday touted the benefits of free trade and the co-operative relationship between the U.S. and Canada. While many of his remarks received thunderous applause, his silence on a major trade dispute that has been flaring up between the two neighbours for centuries was just as deafening. It was

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The Canada-US Softwood Lumber Agreement expires on Oct. 12, 2015.

The Softwood Lumber Agreement expires in four days.
Here’s what you need to know

On October 12, the Canada-U.S. Softwood Lumber Agreement expires without a replacement. What does this mean for western Canadian softwood exporters? Managed trade with the U.S. is over On the plus side, the end of the SLA means Canadian softwood lumber exporters will no longer be subject to the SLA export charge that ranges from

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