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Canada And U.S. Closing In On Softwood Lumber Deal

Canada would cap its U.S. market share at 30 percent, in an effort to settle the softwood lumber trade dispute, with the U.S. supplying the remainder. But resolving what happens if it can’t make up the balance may be keeping an agreement from being reached. The...

U.S. Senators Urge Quotas On Canadian Lumber

Seven members of the Senate Finance Committee on Tuesday called the Trump administration to set quotas on Canadian softwood lumber and closely consult with Congress during negotiations of a final agreement. Senate Finance Committee ranking member Ron Wyden (D-Ore.)...

NAHB: Homebuilder Concerns About Lumber Shortage Rising

Homebuilders are quickly feeling the impact of the looming rise in Canadian lumber tariffs, as more homebuilders are concerned about the availability of building materials. According to the May 2017 survey for the NAHB/Wells Fargo Housing Market Index, the...