Softwood Lumber

• Canadian lumber hit with new 10% Trump tariff, sector calls it ‘misguided’

  The tariffs will take effect Oct. 14, with the 25 per cent rate applied to kitchen cabinets and vanities set to jump to 50 per cent on Jan. 1 unless countries reach a deal.

  Economy

  12 hours
  
• Latest U.S. move pushes duties on Canadian softwood lumber over 35%

  The U.S. says it will more than double countervailing duties on Canadian softwood lumber imports, a move B.C. business groups say will harm communities on both sides of the border.

  Aug 8
  
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• B.C. asks PM Carney to keep softwood on radar as tariff deadline looms

  Premier David Eby says the federal government cannot forget about the fate of British Columbia's softwood lumber industry as the deadline for a trade deal with the U.S. looms.

  Economy

  Jul 30
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• U.S. raises anti-dumping duties on softwood lumber above 20%

  The B.C. Council of Forest Industries issued a statement Friday saying the trade action will harm workers, families and communities across the province and Canada.

  Canada

  Jul 25
• A trade deal with the U.S. could include lumber quotas, Carney says

  Speaking at an event in Hamilton, Ontario, Prime Minister Mark Carney said that lumber quotas may be included in a new trade deal with the United States.

  Economy

  Jul 16
• B.C. premier seeks to assure forest industry as U.S. trade war intensifies

  Canadian forestry was spared in President Donald Trump's latest round of tariffs, but softwood lumber could still see duties surge as the U.S. targets the industry in other ways.

  Economy

  Apr 4
• Lumber tariffs could have severe impact on B.C.’s softwood industry

  The U.S. Department of Commerce issued a preliminary anti-dumping rate of 20.07 per cent, up from 7.66 per cent set three years ago, which is in addition to countervailing duties.

  Economy

  Mar 4
• U.S. plan to nearly triple softwood lumber duties a ‘massive threat’: Eby

  The new anti-dumping rate would bring the total for potential levies to almost 27%, while the industry is still facing Trump's threat of 25% tariffs on Canadian goods.

  Economy

  Mar 3
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• Canada criticizes latest U.S. softwood lumber duties, calls move unfair

  Minister Mary Ng said the U.S. has significantly increased duties on softwood lumber from Canada, to 14.54 per cent from 8.05 per cent.

  Canada

  Aug 14, 2024
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• West Fraser Timber earns US$35 million in first quarter

  West Fraser Timber Co. says it earned US$35 million in its first quarter, up from a loss of US$42 million a year earlier.

  Economy

  Apr 24, 2024