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Canada Wholesale Trade, Lumber Exports: March 2017
Canada’s merchandise trade balance with the world narrowed to a $370 million deficit in April, from a revised $936 million deficit in March, said Statistics Canada Friday. Exports rose 1.8 per cent to $47.7 billion, led by higher exports of passenger cars and light trucks. Imports were up 0.6 per cent to $48.1 billion, on…
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Madison’s Forest Pulse: 1Q 2017 Data
North American Sawmill Sales, Lumber and Log Supply and Production, Imports and Exports The latest data, some only just released from Statistics Canada, US Census, Industry Canada and others, is now combined into a sleek and concise visual format. Contact our office today for your subscription! Don’t miss out on this forward-indicator of Canada and…
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Certain Softwood Lumber Products from Canada: Proposed Scope Exclusions
On May 5, 2017, the Government of Canada submitted comments with the International Trade Commission and the US Department of Commerce regarding proposed scope exclusions currently under consideration in this latest round of Canada-US Softwood Lumber Dispute. The requested exclusions are for items not included in the 2006 Softwood Lumber Agreement and of remanufactured lumber products.…
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Rayonier Advanced Materials to Buy Tembec
In a stunning move sure to overjoy shareholders, Montreal, QC’s, Tembec Thursday announced it is entertaining a takeover bid by Rayonier Advanced Ma- terials, based out of Jacksonville, FL. Tembec is selling to Rayonier for $4.05 a share in cash or the equivalent in Rayonier shares. The $320-million offer, which also includes the assumption of…
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Latest Softwood Lumber Dispute Rumblings
The federal government’s aid package for the Canadian softwood lumber industry is expected to go before cabinet Tuesday for final approval. Also, after newly appointed US Trade Representative Robert Lighthizer said this week that he hoped the issue could be resolved before the formal start of negotiations on the trilateral NAFTA trade agreement, according to…
