The city has deep ties to the auto industry, but was initially a major
lumber producer for the area.
Not exact matches
An exemption from the countervailing duties
for Atlantic Canadian softwood
lumber producers would give them a competitive advantage relative to other forestry companies in Canada, said Mason.
«The 3.02 per cent countervailing duty
for J.D. Irving Ltd. announced by the U.S. Department of Commerce yesterday provides further support
for all New Brunswick
lumber producers to be excluded from these trade remedy proceedings,» Pelletier said in a statement.
If it weren't
for the fact that Canadian
producers have doubled their combined market share in China and Japan over the past decade, Canada's
lumber industry would be even more vulnerable than it already is to U.S. protectionism.
The price of softwood
lumber rose by 2.3 % in December, while prices paid
for ready - mix concrete, gypsum products, and OSB all fell, according to the latest
Producer Price Index (PPI) release by the Bureau of Labor Statistics.