B.C. lumber industry on edge after Biden ups the ante on Buy American policies - BNN Bloomberg

  • 📰 BNNBloomberg
  • ⏱ Reading Time:
  • 39 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 50%

Australia News News

Australia Australia Latest News,Australia Australia Headlines

British Columbia's lumber industry is anxiously parsing U.S. President Joe Biden's latest Buy American language to better understand the implications for Canadian exporters.

The B.C. Lumber Trade Council says it's"concerning" that Biden says he wants to restrict the use of foreign lumber in federally funded infrastructure projects. The White House says it wants all construction materials for such projects, including copper, aluminum, lumber, glass, drywall and fibre-optic cable, to be made on American soil.

Council president Linda Coady says the U.S. was only able to produce about 70 per cent of its overall lumber demand in 2021, a gap she says was largely filled by imports from Canada. Canadian producers have long been at the centre of a decades-long trade dispute with the U.S. over anti-dumping duties it imposes on softwood lumber from north of the border.

"This is concerning and we are seeking to better understand what this means for Canadian producers," Coady said of Biden's announcement. "Our focus remains on working on both sides of the border to maximize the opportunity Canada has in providing the sustainably produced, low-carbon lumber products we know American homebuilders, consumers and construction workers want and need."

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 83. in AU
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Australia Australia Latest News, Australia Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

B.C. lumber industry on edge after Biden ups the ante on Buy American policiesThe B.C. Lumber Trade Council says it’s ‘concerning’ that U.S. President Joe Biden wants to restrict the use of foreign lumber in federally funded infrastructure projects We could start charging US coal producers the provincial carbon tax to export through Roberts Bank Don’t count on Trudeau bailing you out Well, according to the Senate’s Liberal leader - Gould - we have no problem with the US and all is well🤷🏻‍♀️. Just saying.
Source: globeandmail - 🏆 5. / 92 Read more »