Canada’s softwood lumber industry, historically dependent on the United States, is pursuing broader international markets after Prime Minister Mark Carney announced $500 million in federal support to reduce reliance on U.S. buyers. B.C. Forestry Minister Ravi Parmar said the government aims to redirect roughly 10% of exports currently destined for the U.S. to other markets, a move seen as critical for the sector’s competitiveness. About 90% of Canada’s lumber exports currently go to the U.S., a relationship complicated by ongoing trade disputes, high tariffs, and national-security investigations. Industry experts warn ...
Register for unlimited access
We work hard to bring you the latest news in the world of the international wood industry. The article you are currently reading is available only to registered users.By registering you gain access to:
- Thousands of quality articles
- In-depth analyses of market trends
- Exclusive market price insights
- And much more!
[s2Member-Pro-PayPal-Form level="1" ccaps="" ps="paypal" lc="" cc="EUR" dg="0" ns="1" custom="2025.timberindustrynews.com" ta="0" tp="0" tt="D" rr="1" rrt="" rra="2" accept="paypal" accept_via_paypal="paypal" coupon="" accept_coupons="0" default_country_code="" captcha="0"]
[s2Member-Pro-PayPal-Form desc="Yearly subscription - 290€/12 months" ra="290" rp="1" rt="Y"]
[/s2Member-Pro-PayPal-Form]
