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 | Mar 19, 2018 | News
Forisk projects U.S. softwood lumber consumption of 49.8 BBFT in 2018. This represents a 3.7% increase from our 2017 forecast of 48.1 BBFT and is 5.4% higher than 2016 actuals of 47.3 BBFT. Softwood lumber consumption increased every year since 2009, but remained...
by Web Editor | Feb 2, 2018 | News
The Canadian government has suggested it might drop its major international trade case against the U.S., if it gets a softwood lumber deal. Canada has filed a wide-ranging complaint to the World Trade Organization about the way the U.S. applies punitive tariffs,...
by Web Editor | Sep 18, 2017 | News
Montana’s two U.S. Senators testified Wednesday before a federal commission tasked with investigating Canadian lumber export practices. Sens. Steve Daines (R) and Jon Tester (D) were joined by colleagues from other western states and representatives of American timber...
by Web Editor | Aug 21, 2017 | News
U.S. Houses Are Using More Russian Lumber, Thanks To Canada Dispute Russia has emerged as one of the winners from the trade dispute between Canada and the U.S over lumber. The U.S. is importing more softwood lumber from overseas after it slapped tariffs on Canadian...