Sentences with phrase «lumber exports»

The provincial government will be working with Ottawa when it comes to litigation over what they both consider unfair duties by the U.S. government on softwood lumber exports from Canada.

In 1996, the two countries negotiated a five - year agreement that put a quota on lumber exports from B.C., Alberta, Ontario and Quebec.

In a statement, Canada's foreign minister, Chrystia Freeland, said the W.T.O. filing was linked to a long - running dispute over Canadian lumber exports.

Indeed, Canada is already bracing for another volley of duties on billions of dollars worth of lumber exports — an industry that has enjoyed only brief interludes of free trade since the late 1980s.

That's because when the random - length framing - lumber composite price index hits $ 355, the softwood lumber export tax — part of the current Canada-U.S. softwood lumber agreement — drops to zero.

Central Nova Scotia MP Sean Fraser, whose riding includes several softwood lumber producers, estimated the province's annual softwood lumber exports at about $ 90 million.

Canadian lumber exports have become an increasing source of tension between the United States and Canada.

In the months ahead, tariffs on lumber exports to the U.S. will bite, while uncertainty over trade policy will continue to impede investment.

It wasn't Trump's first move to retaliate against a country's perceived unfair trade practices: The U.S. has moved forward with tariffs against Canadian softwood lumber exports, initially proposed in April 2017, for instance.

The Asian giant may still accounts for only 15 % of the province's lumber exports, but exports to China are up 71 % in just one year, and many believe it's only a matter of time before China, and not the U.S., becomes B.C.'s largest forestry customer.

Had Canada kept disputing the tariffs, he said, the country would have likely got every penny back from the United States and would not have had to accept restrictions on lumber exports.

Despite the U.S. Department of Commerce's decision to hit all other Canadian producers with countervailing duties of 19.88 per cent starting this year, many industry insiders and political leaders are hopeful Atlantic Canadian companies can be exempted from tariffs on softwood lumber exports to the United States.

For example, the U.S. Commerce Department has accused western Canadian provinces of subsidizing their lumber exports.

Cambria started out as a fishing and quicksilver mining town, and later, for its dairy and lumber exports, but it wasn't until 1958, when Hearst Castle was opened to the public, that Cambria came into its own as a popular tourist destination.

Canada is the United States» largest trading partner, and softwood lumber exports have been the longest - running point of friction between the two countries.