U.S. to raise tariffs for Canada’s two largest lumber companies as trade fight persists

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The combined countervailing and anti-dumping duties will rise for West Fraser Timber Co. Ltd. and Canfor Corp.

The U.S. Department of Commerce plans to raise tariffs for Canada’s two largest lumber companies, while lowering duties on most other Canadian producers.

Saint John-based J.D. Irving Ltd., which recently ranked as Canada’s fifth-largest lumber producer, has been assessed a higher rate of 7.77 per cent, compared with the current 7.17 per cent. The 2006 Canada-U.S. softwood agreement expired in October, 2015, with no replacement. In the latest round of the long-running trade dispute, Canadian producers have been paying U.S. lumber duties since April, 2017.Most forests in Canada are on Crown land, with forestry companies paying “stumpage fees” to provincial governments for the right to log. The U.S. Lumber Coalition argues that the U.S.

Canada counters that its producers get no subsidies, and they have not been dumping into the U.S. market.

 

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They should also put the price of climate change for cutting down the trees.

This is total bullshit . How many bloody years are you going to pull this shit . No monies should be going into US coffers.

Raise the price

Our good friends south of the border...but only after we commit to buying their anti aircraft system for Ukraine and their aircraft for ourselves. We should have bought SAAB jets and put them together ourselves!

globebusiness Cut them off. They need our lumber. What’s their phoney game? Let them struggle for awhile.

Why, wood is already so expensive

What the absolute F. Our lumber prices have been astronomical, this is only going to get worse. So much for building anything.

How is it that we still cut trees down and call ourselves environmentally friendly? We sell softwood lumber unprocessed to the US, who then add value to it & sell it back to us. BC has nothing else.

Force their fishermen 200 miles outside bc coast

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