Home News Industry News Peak Wood, high lumber prices equal record profits

Peak Wood, high lumber prices equal record profits

North American forestry companies, including Canadians, are making record profits, despite American softwood lumber duties, thanks to high lumber prices in the U.S.

Those record high lumber prices are partly due to American duties on Canadian softwood lumber – something that U.S. President Donald Trump has, without a hint of irony, recently complained about.

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Source: Business in Vancouver

 
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