Despite a slight decline in the overall manufacturing sector in February, Canadian wood products manufacturing demonstrated resiliency in March 2023. According to Statistics Canada, the capacity utilization rate of the wood product manufacturing industry was 80.8% in March 2023, a significant rebound from 76.8% in February 2023. However, this represents a decrease when compared to […]
Tag Archives: Canadian lumber imports
09
Aug
Aug
In June, Canada’s exports of softwood lumber in the U.S. dipped 3.8% year-on-year to 2,8 million m3. According to Lesprom Analytics, the value of exports declined 48% to $792 million. Average price of softwood lumber decreased 46% to $285 per m3.
News
U.S. Lumber Coalition supports Department of Commerce decision on total duty rate of 8.59% on Canadian softwood lumber
09
Aug
Aug
The U.S. Department of Commerce issued its final determination in the third annual review of softwood lumber imports from Canada. The total duty rate of 8.59% confirms yet again that Canadian lumber imports are unfairly traded into the U.S. market, said U.S. Lumber Coalition in a statement. “The trade laws duties announced today by the Commerce Department […]
08
Aug
Aug
Katrine Conroy, Minister of Forests; Ravi Kahlon, Minister of Jobs, Economic Recovery and Innovation; and George Chow, Minister of State for Trade, have issued the following joint statement in response to the U.S. Department of Commerce’s final determination in its third administrative review regarding countervailing and anti-dumping duties applied to Canada’s softwood lumber exports to […]