More curtailments expected for B.C. lumber companies

With lumber prices below the break-even point for many lumber producers, and new 10 per cent American tariffs being tacked onto 35 per cent duties on Canadian lumber exports, it’s inevitable some sawmills in B.C. will have to take at least temporary curtailments. The new tariffs of 10 per cent on lumber and 25 per cent on other wood products were implemented late last month by the White House, on the basis that Canadian lumber imports constitute a national security threat. The tariffs will stack on top of 35 per cent countervailing and anti-dumping ...