TITLE

After 20 Years, U.S., Canadian Lumber Agreement is a 'Done Deal'

PUB. DATE
October 2006
SOURCE
ENR: Engineering News-Record;10/23/2006, Vol. 257 Issue 16, p4
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on a trade agreement between the U.S. and Canada that aims to end a 20-year dispute between the two countries on softwood lumber. The pact ends limits on Canadian lumber exports to the U.S. when prices top a trigger level of $355 per thousand board feet. At prices below $316, the pact provides that Canadian provinces can collect a 15% export tax, or implement a combination of a 5% export charge and a limit on exports to the U.S.
ACCESSION #
22985562

 

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