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Companies in the timber industry / Daily News / Global Trends / Market Analysis / Forestry / Lumber / Sawmilling / Statistics / Wood Products / Global / North America
September 3, 2020

Changes to US softwood lumber tariffs could revive many Canadian mills

Changes to US softwood lumber tariffs could revive many Canadian mills
Changes to softwood tariffs between the United States and Canada could help alleviate the Canada’s lumber shortage.    Canada’s currently experiencing a shortage of pressure-treated lumber, and prices have been costly. The shortage is due to COVID-19 shutting down lumber mills, and residents starting home renovations during the pandemic.    Another factor impacting exports is the large tariffs placed on Canadian lumber exporters. These tariffs played a large role in Kenora Forest Product’s layoffs last September, as they currently add an additional 24 per cent of taxes onto the ...

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