VANCOUVER, B.C. – The World Trade Organization is being applauded by the BC Lumber Trade Council (BCLTC) after agreeing with Canada challenging the U.S Department of Commerce’s 2017 Subsidy determination against Canadian softwood lumber products.
The softwood lumber industry is an important sector here in Canada and within the economy. The industry helps to support and supply jobs in communities across the Country.
In the U.S, because the demand is so high for lumber that domestic mills there can’t always supply what is needed, so industries rely on Canada for stable, predictable access to products.
After the 2006 Softwood Lumber Agreement, which worked to provide stability and predictability for the industry on both sides of the border, expired on October 12, 2015, Canada and the U.S continued to try and pursue some negotiated outcome.
B.C is one of the largest Canadian exporters of softwood lumber to the U.S. The forest industry in the province helps to support 100,000 direct and indirect jobs.
Thanks for reading!
Energeticcity.ca is the voice of the Peace, bringing issues that matter to the forefront with independent journalism. Our job is to share the unique values of the Peace region with the rest of B.C. and make sure those in power hear us. From your kids’ lemonade stand to natural resource projects, we cover it – but we need your support. Give $10 a month to Energeticcity.ca today and be the reason we can cover the next story.