Hefty U.S. duties could be slapped on Canadian timber exports to the United
States by early 2017 after a one-year standstill period expired on Wednesday in
the long-running softwood lumber dispute between Canada and its biggest trading
partner.This week marked 12 months since a nine-year truce in the perpetual
Canada-U.S. softwood conflict ended – with the federal government and the U.S.
administration unable to clinch a successor pact despite months of
negotiations.
This failure to agree probably means a costly and frustrating new season
ahead for Canadian timber companies, which can expect to pay hundreds of
millions of dollars …
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