Baldrey Protectionist U.S. politics mean trouble for softwood lumber

0
103

The B.C. economy keeps chugging along and leads all provinces in terms of performance, but there is a dark cloud on the horizon that may change all that.

The one-year truce that followed the expiration of the nine-year softwood deal with the United States has ended and no new agreement is in sight. As a result, U.S. lumber companies are expected to quickly file lawsuits and B.C. lumber producers could face serious financial penalties come next March, when hefty duties will almost certainly be slapped on B.C. softwood shipments south of the border.

Read the full article...