U.S. and Canada Settle Trade Dispute

Grogan, Tim
September 2006
ENR: Engineering News-Record;9/25/2006, Vol. 257 Issue 12, p33
Trade Publication
This article reports that the U.S. and Canada signed a deal that would end a dispute over Canadian exports of softwood lumber. The deal still needs to be approved by the Canadian Parliament and Canadian lumber firms have to agree to drop all litigation. While the deal offers something for both U.S. and Canadian producers it offers very little to contractors. With both price and implicit quota triggers, the new accord is designed to increase prices.


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