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Canada Tariff on US Gypsum Imports
A new trade dispute has broken out between Canada and the US that threatens to raise prices in Canada’s already overheated housing markets, said the Globe and Mail Thursday. The Canada Border Services Agency imposed a provisional tariff as high as 277 per cent on US drywall imports in September after ruling that manufacturers 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…
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Leaked Trump Team Memo Mentions Softwood Lumber as US Trade Priority
it’s a completely bizarre way to release a policy statement; but YES to softwood lumber being in NAFTA: Trump team flags Canadian livestock and lumber as targets in NAFTA reset STEVEN CHASE OTTAWA — The Globe and Mail “ The memo, as described by the U.S. cable network, also says Mr. Trump would then have…
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Canada Export Projection: EDC
In a sobering message titled “The Great Hesitation”, in the latest release of Export Development Canada’s Global Export Forecast, VP and Chief Economist Peter Hall writes, “Growth remains elusive. […] Performance in the automotive, forestry, agri-food and consumer products industries is expected to continue contributing to overall strength. The outlook pegs no growth this year,…
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Tarriff -Free Canadian Lumber Imports to EU: CETA
Current EU tariffs for forest products range from 2 per cent to 10 per cent; upon Canada/EU bilateral agreement CETA’s entry into force, all Canadian forestry products will enjoy duty-free entry to the EU, according to Lesprom Network Monday. The EU is the world’s third largest importer of forest products – US$46 billion in 2015,…
