Home News Industry News Quebec forestry company doesn't expect lumber dispute will lead to layoffs

Quebec forestry company doesn't expect lumber dispute will lead to layoffs

MONTREAL -- The CEO of one of Quebec's chief forestry companies says he doesn't think job losses are in the offing for his company, at least in the short term, despite the imposition of U.S. softwood lumber duties.


James Lopez, head of Tembec, says he believes higher lumber prices will offset the 19.88 per cent preliminary duty that took effect Monday against the Montreal-based firm on its softwood shipments to the U.S.

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Source: CTV News

 
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