U.S. Lumber Coalition urges Canada to reduce excess lumber capacity
Updated
Updated · PR Newswire · Apr 29
U.S. Lumber Coalition urges Canada to reduce excess lumber capacity
12 articles · Updated · PR Newswire · Apr 29
The Coalition highlights that Canada produces 27 billion board feet of softwood lumber annually, far exceeding its 7.5 billion board feet domestic consumption, with up to 80% of British Columbia's exports sent to the U.S.
U.S. officials argue that Canadian subsidies and overproduction harm American workers and industries, calling for permanent capacity cuts to resolve ongoing trade tensions and reduce Canadian market share in the U.S.
The Coalition criticizes Canadian officials' responses and notes that despite attempts to diversify exports, Canada remains dependent on the U.S. market, fueling a cycle of subsidies, tariffs, and trade disputes impacting both countries.
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