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Anticipated Duties on Softwood Lumber to Dampen Canadian Wood Products Industry Outlook
Canada’s wood products manufacturers are on track to post pre-tax profits of $1.4 billion this year—their highest levels since 2004, according to The Confer- ence Board of Canada’s Canadian Industrial Outlook: Canada’s Wood Products Manufacturing Industry, released Wednesday. Going forward, however, the imposition of US duties on softwood lumber will slow export growth and weigh…
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Canada Looming Trade Issues: Conference Board
“ “Bilateral issues are not Canada’s sole concern,” Alexander noted. “The hang-over from the deeply divided electorate and the trash-talking of America’s democratic institutions will make US governance more difficult.” – Craig Alexander, chief economist at the Conference Board of Canada Canada Looming Trade Projections: Bennett Jones, Conference Board Subdued economic growth for advanced economies…
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“Americans react to softwood lumber dispute”
The U.S. National Association of Home Builders says duties or volume caps on imported lumber will raise the price of lumber, adding more than $1,300 to the cost of a new single family home, according to Metroland Media Monday. “ “We feel strongly that Canada should have had a more aggressive stance early on in…
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New Information Re ADD/CVD Impact Dates & Duty Remittance Requirements: Softwood Lumber
This just in from intrepid US Customs Broker Michael Jones, of Jones & Jones Customs Brokers and Trade Consultants in Blain, WA, one of Madison’s long-time and regular sources: ” all-import date(s) with respect to when softwood lumber shipments could be subject to the DOC ADD/CVD Investigation duties While special ADD/CVD Single Transaction Bonds were…
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Canada Sawmill Exports, Manufacturing Sales: September 2016
The pace of Canadian manufacturing sales slowed in September, while volumes fell, data from Statistics Canada showed on Wednesday. The 0.3 per cent increase in sales was a step down from August’s hefty 0.9 per cent increase. It was also driven largely by gains in the transportation equipment sector. Although sales were up in 12…