Header: Header: Header:

Canadian Lumber Executives Press Softwood Deal With U.S.

googletag.cmd.push(function() { googletag.display('div-gpt-ad-1548381510056-0'); });

Canadian lumber and government officials told the U.S. trade representative that any new softwood lumber agreement must reflect the differences in forestry regimes across the country. The chief executives of 10 lumber producers and Canadian International Trade Minister Chrystia Freeland met in Toronto with Michael Froman.

Resolute CEO Richard Garneau declined to provide details of what was discussed but said he conveyed that changes to Quebec’s forestry regime means the province should have free and open access to the U.S. market, said spokesman Seth Kursman.

The Canadian government says it continues to negotiate and explore all possible approaches. Alexander Lawrence, a spokesman for Freeland, says Canada has indicated that any agreement must reflect “the realities of our softwood lumber sector, including differences in communities across Canada.”

Attending the meeting also were the chief executives of Canfor, West Fraser, Interfor, Tembec, J.D. Irving, EACOM, Tolko, MLTC Industrial Investments and Kalesnikoff Lumber.

The meeting took place a week before the expiry of the 2006 softwood lumber agreement and a one-year standstill period that is expected to push the U.S. to begin the process of imposing tariffs on Canadian lumber imports. U.S. producers could then start petitioning Washington to impose new duties on Canadian softwood in about six months that could result in mill closures and layoffs in Canada.

From macleans.ca.

googletag.cmd.push(function() { googletag.display('div-gpt-ad-1548381461985-0'); });
googletag.cmd.push(function() { googletag.display('div-gpt-ad-1548381402298-0'); });

Latest News

Explosions Trigger Safety Review Of B.C.’s Sawmills

googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-1548381510056-0’); }); WorkSafeBC has ordered sawmills across the province to immediately investigate sawdust levels and other possible workplace hazards in their facilities, saying the review is urgently needed given explosions at two northern…

GE Capital Closes On Loan For 84 Lumber Company

GE Capital Corporate Finance recently announced it is co-collateral agent and documentation agent for a $225 million asset-based loan for 84 Lumber Company, one of the nation’s leading privately-held building materials and services suppliers to…

Log, Lumber Prices Put Squeeze On Western Sawmills

Results of a multi‐client benchmarking study show that in spite of operational improvements, dimension lumber mills in the U.S. West have struggled to overcome the narrowing gap between log prices and lumber selling values. The…

Canfor Completes Tembec Transaction

Canfor has completed the acquisition of the Tembec Industries Ltd.’s southern British Columbia interior wood products assets consisting of the Elko and Canal Flats sawmills and approximately 1.1 million m3 of combined Crown, private land…

Find Us On Social

googletag.cmd.push(function() { googletag.display('div-gpt-ad-1548381237439-0'); });
googletag.cmd.push(function() { googletag.display('div-gpt-ad-1548380448760-0'); });
googletag.cmd.push(function() { googletag.display('div-gpt-ad-1548380578329-0'); });
googletag.cmd.push(function() { googletag.display('div-gpt-ad-1548380709898-0'); });
googletag.cmd.push(function() { googletag.display('div-gpt-ad-1548380656716-0'); });
googletag.cmd.push(function() { googletag.display('div-gpt-ad-1548380767732-0'); });
googletag.cmd.push(function() { googletag.display('div-gpt-ad-1548380810300-0'); });
Newsletter

The monthly Timber Processing Industry Newsletter reaches over 4,000 mill owners and supervisors.

 

Subscribe/Renew

Timber Processing is delivered 10 times per year to subscribers who represent sawmill ownership, management and supervisory personnel and corporate executives. Subscriptions are FREE to qualified individuals.

Advertise

Complete the online form so we can direct you to the appropriate Sales Representative.