No softwood lumber deal, as 'challenging but productive' talks drag on - News Summed Up

No softwood lumber deal, as 'challenging but productive' talks drag on


Canada's 2006 softwood lumber deal with the U.S. has expired. The 2006 softwood lumber agreement, negotiated by the previous Conservative government, expired last October. Sticking point: market shareThe U.S. Lumber Coalition, the industry's Washington-based lobby group, holds fast to its claim that Canadian lumber exports are unfairly subsidized. Many resemble the expired 2006 agreement — not surprisingly, since Canada's preference would have been to simply extend that. "Western Canada is well-positioned to take advantage of markets outside the U.S. (such as Asia) ... but that takes time."


Source: CBC News June 30, 2016 19:52 UTC



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