The U.S. government has hiked duties on Canadian softwood lumber imports. Washington considers Canadian stumpage fees for harvesting on Crown land an unfair government subsidy. As Akshay Kulkarni reports, it’s the latest blow to B.C.’s struggling forestry industry.
Breakdown
- U.S. Commerce Department raises anti-dumping duties on Canadian softwood lumber to 20.56%. 12s
- Combined tariffs could result in nearly 35% extra taxes for U.S. lumber importers. 19s
- Industry leaders warn of further mill closures and job losses in British Columbia. 40s
- Canadian officials urge prioritizing softwood lumber in trade talks with the U.S. 1m 2s
- British Columbia seeks to boost timber production and find new export markets. 1m 41s