Representatives for two large exporters in Nova Scotia say they’re ready for U.S. import tariffs, even though they were delayed on Monday just before they were to be implemented. Mike Hartery, co-manager of the Port Hawkesbury Paper mill, said the company had been waiting Monday afternoon to find out if the promised 25 per cent import tariff would kick in on Tuesday. …Hartery said tariffs would drive up paper prices for American customers and could force those buyers to scale back their orders from Canada. He said the mill is scrutinizing its costs, which could mean buying less wood from suppliers in Nova Scotia forests. …The company will press ahead with a $400-million investment in a stand-alone wind power project to supply the mill with electricity, but that does not mean the company expects tariffs, if implemented, to be temporary.
Additional coverage in CTV by Emma Convey: Atlantic Canadian forestry sector concerned with impact of tariffs