Forestry Ink: News of softwood lumber agreement lost amid COVID crisis

Softwood lumber pictured at Tolko Industries in Heffley Creek, B.C (file)

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I didn’t see much written about the latest developments on the lumber dispute with the U.S. with the exception of an article by Tony Kryzanowski (Logging Sawmilling Journal April 2020).

Based on the recent announcement by the U.S. Department of Commerce, “combined duties will drop from about 20 per cent now to about 8.21 per cent, although that amount will vary for larger softwood lumber producers. For example, Resolute Forest Products will realize only a marginal rate reduction from about 18 per cent to just over 16 per cent. 

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Source: Quesnel Cariboo Observer

 

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