Tariff fears, falling permits, and excess supply prompt mills to cut production.
U.S.-Canada Softwood Lumber Dispute
Producers are banking on lower interest rates to revive homebuilding and remodeling demand.
American Building Materials Alliance says construction specs push dealers to use Canadian SPF, excluding American wood from bids.
Canfor faces highest total rate, West Fraser lowest among reviewed companies.
Canada aims to double homebuilding to 500,000 new homes per year using domestic softwood lumber.
Final rate exceeds March estimate of 20.07% and nearly triples previous 7.66% level.
Commerce should reassess Cohen’s d assumptions and apply weighted pooled variances by October 20, 2025.
Eby backs joint federal-provincial Team Canada response to U.S. duties and promotes B.C. wood in housing construction.
Funding supports kiln installation, equipment upgrades, and expanded production across key facilities.
Canadian industry faces uncertainty as total levies could reach 27%, with additional U.S. tariffs looming.
The seventh review will cover lumber imports from January 1 to December 31, 2024.
The council, which held its first meeting on January 30, 2025, will provide recommendations to the Minister of Forests on reducing the 14.4% duties imposed on B.C. lumber.
Committee to coordinate economic protections and trade diversification.
Coalition highlights domestic production gains and disputes tariff impact on rebuilding efforts.
Strict enforcement of trade laws is essential to expanding U.S. lumber manufacturing and supporting housing construction nationwide, said the coalition.
Researchers suggest future agreements should consider how price fluctuations impact market behavior and product substitutability.
The loan agreement includes terms of four and eight years, with Canfor retaining the option to extend each for an additional two ten-year periods.
The U.S. Department of Commerce announced the final determination of a combined anti-subsidy and anti-dumping duty rate of 14.54% in the fifth annual review of unfairly traded Canadian softwood lumber imports into the United States.
Binational ruling impacts British Columbia's forestry sector
In the past year, lumber export volume decreased by 6.0%, and prices contracted by 36.3%.