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