B.C. Envoy Says Window Is Open For U.S. Softwood Lumber Deal
British Columbia’s softwood trade envoy says there’s a slight opportunity to quickly negotiate a new lumber agreement between Canada and the United States, but if a deal can’t be reached by the summer or fall it could mean a lengthy fight.
David Emerson said he sensed a chance at a deal but also saw continued turbulence in the administration of President Donald Trump and strong protectionist sentiments in the US Congress after visiting Washington, DC, last week.
“My own guess is there is a window of opportunity, late summer or early fall, and if that doesn’t initiate something meaningful in terms of negotiations then I think we’re probably into next year,” he said.
Emerson said there has not been a formal start to talks, but Canadian officials in Washington and Ottawa are preparing for negotiations. He said he met with David MacNaughton, Canada’s ambassador to the US, as well as officials at Canada’s embassy and Global Affairs Canada.
He said he would rather see the softwood deal, which expired in October 2015, negotiated separately than folded in with talks to renegotiate the North American Free Trade Agreement (NAFTA).
From News 1130: news1130.com.
Latest News
Coalition Supports Duty Upgrade
U.S. Dept. of Commerce announced the preliminary determination of a combined anti-subsidy and anti-dumping duty rate of 8.24% in the fourth annual review of allegedly subsidized traded Canadian softwood lumber imports into the U.S. The review covers…
Canfor Plans New BC Sawmill
Canfor Corp. stated that to better align manufacturing capacity in British Columbia with the available long-term fiber supply, it is restructuring its BC operations by permanently closing its Chetwynd sawmill and pellet plant and temporarily closing its Houston sawmill for an extended period to facilitate…
U.S. Housing Starts Were Soft In January
U.S. housing starts began the new year ticking downward 4.5% in January from December to a seasonally adjusted rate of 1.309 million starts. Single-family starts came in at a rate of 841,000 in January, down 4.3%, while multi-family (five units or more) were at 457,000, down 5.4% from December…
Lumber Among Three Big Input Reductions
Softwood lumber is one of the three largest construction input cost reductions year-over-year from December 2021 to December 2022, according to a recent ConstructionDive market report. Citing Producer Price Index data from December 2022, the report noted that overall…
Find Us On Social
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.