by Web Editor | Oct 14, 2016 | News
Hefty U.S. duties could be slapped on Canadian timber exports to the United States by early 2017 after a one-year standstill period expired on Wednesday in the long-running softwood lumber dispute between Canada and its biggest trading partner. This week marked 12...
by Web Editor | Feb 22, 2016 | News
Ottawa and Washington have begun talks toward renewing a pact regarding the export of Canadian lumber to U.S. markets, Canada’s trade minister, Chrystia Freeland, told lawmakers here Thursday. Ms. Freeland said Canadian negotiators were in Washington last week...
by Web Editor | Oct 16, 2015 | News
Approximately 500 jobs supported by Montana’s wood products industry have dried up this year alone, and with the expiration Monday of the 2006 Softwood Lumber Agreement between Canada and the U.S., even broader repercussions are expected to hit the state’s economy. In...
by Web Editor | May 27, 2015 | News
Prices for lumber futures contracts are beginning to rise, after drifting downward for months. China’s building contraction and the winter hiatus knocked down prices, but they could jump dramatically, say analysts, as U.S. homebuilding surges. Lumber is traded...
by Web Editor | Jan 30, 2015 | News
Lumber is used in a variety of industries in the United States, but the price of lumber is primarily dictated by the health of the housing and construction industry. Americans may be viewing the economy more optimistically since last year, but their outlook on the...