The coalition notes that the U.S. industry appears on track to have produced an additional 17.5 billion boardfeet of lumber through 2021, averaging 3.5 billion a year.
U.S.-Canada Softwood Lumber Dispute
Keta Kosman, Publisher of Madison’s Lumber Reporter, monitors lumber prices every day. She thinks we are in a new era for the economy. In the 1950s, there was much infrastructure building, it was all a huge boom for the economy for two decades. We're in a similar situation right now, she says. The U.S. administration i...
Russ Taylor, president of British Columbia based Russ Taylor Global, says that high prices cure high prices. High lumber prices will eventually reduce demand and increase supply – high prices scare people away. He is confident the prices for lumber will start to settle down, but at higher levels than we have ever seen ...
Katrine Conroy, Minister of Forests, Lands, Natural Resource Operations and Rural Development, and George Chow, Minister of State for Trade, have issued the statement in response to the U.S. Department of Commerce’s second administrative review and its preliminary determination regarding countervailing and anti-dumping...
The biggest key in the U.S. is going to be what the Biden administration does from a taxation standpoint. College debt forgiveness is another big economic factor currently holding back housing in the U.S. as the millennial generation has a significant amount of college debt, causing them to defer home ownership. Accord...
With lumber prices experiencing extreme price volatility this year and harming housing affordability, a final determination of the first administrative review by the U.S. Commerce Department to reduce duties on shipments of Canadian lumber into the United States by more than half.
The increase in the lumber price over this year put the value of the U.S. home higher by $40,000, says Keta Kosman, the publisher of Vancouver based Madison’s Lumber Reporter. She forecasts a very strong lumber market and U.S. housing all the way to the end of 2020.
Canada have filed an appeal concerning the WTO panel report in the case brought by Canada in “United States — Anti-dumping measures applying differential pricing methodology to softwood lumber from Canada”.
Canada will continue to be a major supplier of softwood lumber to the US in the next decade, with the export volume from the Eastern provinces being forecasted to increase substantially. The increasing lumber consumption in the US will also likely result in increased investments in production capacity in the US, change...
The next regular meeting of the Dispute Settlement Body will take place on 27 April.
The meeting of the WTO’s dispute settlement body is scheduled on March 27.
Commerce will instruct U.S. Customs and Border Protection (CBP) to collect cash deposits from importers of softwood lumber from Canada based on the final rates.
Wood Markets Group president Russell Taylor says BC Interior has an advantage over the West coast of USA, but mainly because of currency. If there were any subsidies, American companies would be buying mills in Canada and they are not.
It is anticipated that his first visit to Washington, D.C. will take place in March in advance of the imposition of expected countervailing duties being applied to B.C. lumber exports to the United States.
EU and Canada sign long-delayed free trade deal.
The Senate letter recognizes that subsidized and unfairly traded lumber imports continue to severely harm United States mills, workers and communities.
Following initial 100 days of intensive engagement, the United States and Canada have made significant advances in exploring the key issues and priorities, said the the countries’ officials.
Jun 22, 2009. "To the extent that the subsidy goes to corporate groups that produce softwood lumber, this appears to violate the U.S.-Canada Softwood Lumber Agreement," said Steve Swanson, chairman of the Coalition.
Aug 08, 2007. United States has initiated official arbitration proceedings against Canada to resolve issues relating to Canada's non- compliance with certain terms of the U.S.-Canada Softwood Lumber Agreement.
The B.C. Lumber Trade Council dismissed on August 7, 2007 the U.S. government's move to file for arbitration over claims that Canada is not complying with the terms of the 2006 Softwood Lumber Agreement.