by Web Editor | Jul 27, 2018 | News
Canfor Corporation says it paid $51.7 million in countervailing duties in the second quarter, the result of U.S. tariffs that went into force in 2017. Canfor, which sells more than half of its lumber to the U.S., reported operating income of $282.1 million for the...
by Web Editor | Jan 19, 2018 | News
Canada is in the appeals stage of its softwood lumber dispute after the U.S. Department of Commerce imposed final duties earlier this month. “The Government of Canada will continue to vigorously defend our industry and its workers against protectionist trade...
by Web Editor | Dec 4, 2017 | News
Moody’s: High Lumber Prices In 2018 To Outweigh Cost Of U.S. Duties Sustained high lumber prices in 2018 will cover the cost of final duties imposed by the US government on Canadian lumber imports, benefiting North American producers and timberland owners,...
by Web Editor | Jun 13, 2017 | News
The U.S. Lumber Coalition, a trade group that had been rallying against the extension of the Softwood Lumber Agreement with Canada, came out as expected against the Canadian government’s plan to spend C$867-million in subsidies for Canadian softwood producers...
by Web Editor | Jun 2, 2017 | News
The Canadian government will give C$867 million (US$642.2 million) in financial support to Canadian lumber producers and exporters to help them withstand the impact of new U.S. tariffs on Canadian softwood exports. In April, Washington imposed preliminary anti-subsidy...