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Negotiators prepare for U.S. lumber talks

91裸聊视频榃e91裸聊视频檙e not in favour of strict hard-cap quotas,91裸聊视频 Forests Minister Steve Thomson said
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B.C. and Canada have a strong position going into the latest dispute over lumber trade with the U.S., which needs imported lumber to maintain growing housing construction, industry and government representatives say.

The U.S. used 47 billion board feet of lumber in 2016 and domestic production was only 32 billion, B.C. Lumber Trade Council president Susan Yurkovich said after meetings with federal trade officials in Ottawa Monday.

Yurkovich said the U.S. wants to increase domestic lumber production, but it can91裸聊视频檛 do that quickly.

91裸聊视频淚f you don91裸聊视频檛 have that supply, what you91裸聊视频檙e going to have is a massive spike in lumber prices, which is going to push home ownership out of reach for some,91裸聊视频 Yurkovich said. 91裸聊视频淎nd frankly if it91裸聊视频檚 so constrained that you push prices high enough, what you91裸聊视频檒l bring in is European supply, or you push people to substitute, which isn91裸聊视频檛 in the best interests of the wood products industry.91裸聊视频

Yurkovich and B.C. Forests Minister Steve Thomson met with Foreign Minister Chrystia Freeland, who is bracing for the reopening of the North America Free Trade Agreement as well as the now-expired side deal that restricted Canadian lumber exports to the U.S.

Thomson said it has been a frustrating two years, trying to get talks going as the system of trade quotas and border taxes was expiring, and so far there is no 91裸聊视频渃ommon ground91裸聊视频 on the issues.

91裸聊视频淲e have clearly said that we91裸聊视频檙e not in favour of strict hard-cap quotas,91裸聊视频 Thomson said. 91裸聊视频淲e need to look at how we have a market share in the U.S. that is reflective of a historical market.91裸聊视频

The U.S. International Trade Commission has made a preliminary finding of 91裸聊视频渋njury91裸聊视频 due to alleged subsidies to Canadian wood products and the U.S. Department of Commerce is continuing its investigation.

The four largest exporting Canadian companies are responding to U.S. officials, Quebec-based Resolute and three B.C. firms, Canfor, West Fraser and Tolko. Half of Canada91裸聊视频檚 exports to the U.S. come from B.C.

Billionaire investor Wilbur Ross, President Donald Trump91裸聊视频檚 pick for Secretary of Commerce, is expected to be confirmed by the U.S. Senate soon. Canadian negotiators await his priorities for trade, which has been a focus for Trump91裸聊视频檚 foreign policy.



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