CEOs want softwood lumber to be on the agenda for U.S. President Joe Biden’s visit to Ottawa this month
The letter says they are open to the idea of Ottawa appointing Mr. MacNaughton as a joint emissary with a Canadian industry representative, who would work with him to attain softwood peace. “It is imperative that the emissaries be government-appointed in order to avoid antitrust and competition concerns,” the CEOs write.
A 2006 Canada-U.S. softwood agreement expired in 2015, with no replacement. In the latest phase of the long-running trade fight, the U.S. Department of Commerce started imposing tariffs on Canadian lumber in 2017. Canada’s softwood producers say they have paid more than $8-billion in lumber duties to the U.S. from 2017 to 2022.
Forest Economic Advisors, a consulting firm, estimates that U.S. sawmills accounted for 68 per cent of U.S. domestic consumption of lumber last year.
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