Tariffs mean uncertainty for Sask. forestry industry
New tariffs on Canadian softwood lumber heading south of the border has some worried it could cause job losses in Saskatchewan.
Duties as high as 24 per cent were imposed Tuesday by the Trump administration for softwood lumber products.
This is the fifth time in roughly 30 years the U.S. has forced the Canadian government to defend its policy on this file. Canada has come out on top in the dispute on every occasion.
This time the Trudeau government is promising to deal with the Trump administration “respectfully, but firmly.”
Companies across Canada are waiting to find what it means and how it’ll affect their bottom line.
L and M Wood Products based in Glaslyn, Sask. produces signs, fence posts and parts for bridges.
Their biggest customer for dimensional lumber is in Manitoba, who ultimately ships the finished product to the United States.