Susan Yurkovich
Prime Minister Mark Carney has named two British Columbians to his new Advisory Committee on Canada-US Economic Relations. Carney announced the committee on Tuesday. From BC are Teck Resources president Jonathan Price and Canfor president Susan Yurkovich. Teck is a BC-based mining and resource company… Canfor is a low-carbon forest products manufacturer with operations in Canada, the US, and Europe. …Forests Minister Ravi Parmar added he’s excited to have both Price and Yurkovich on the committee. “I think having Luc Thériault from Domtar and Susan Yurkovich from Canfor, two large companies operating in BC and Canada, is good news,” Parmar said. “But we are going to continue to remind the federal government, especially as they are beginning CUSMA negotiations, that for British Columbia, softwood is our auto sector. Softwood is our steel sector and we need a resolve to this issue.”
The Trump administration is demanding what amounts to an “entry fee” from Canada to engage in trade talks toward a revised Canada-United States-Mexico Free Trade Agreement (CUSMA), four sources said. “The Americans are setting conditions before negotiations begin,” said one high-ranking individual. The US demand was also confirmed by former Quebec premier Jean Charest, who was appointed to Prime Minister Mark Carney’s new advisory committee on Canada-US economic relations. …On the US side, there are suggestions that Canada should try to get Trump’s attention by making an immediate concession, especially since the president is juggling several major issues right now. However, Canadian sources said they have twice offered concessions to the US administration without receiving anything in return. …Former Canadian diplomat Louise Blais, in her capacity as a strategic advisor to the Canadian Council on International Affairs, said the Americans “perceive Canada as unwilling to come to the table.”
Canada’s new government is forging a new economic and security relationship with the United States. Prime Minister Carney has secured the best deal of any major U.S. trading partner – 85% of our trade with the United States remains tariff-free, the lowest average tariff rate in the world. As Canada approaches the Joint Review of the Canada-United States-Mexico Agreement (CUSMA), our aim is to preserve that unique Canadian advantage and to build on it. To that end, the Prime Minister, Mark Carney, today announced the creation of the new Advisory Committee on Canada-U.S. Economic Relations. The committee will serve as a forum for expertise and strategy on all aspects of the Canada-U.S. economic relationship. The Advisory Committee will include leaders from major sectors of the Canadian economy, representing extensive experience in business, investment, trade, and labour. It will be chaired by the President of the King’s Privy Council for Canada and Minister responsible for Canada-U.S. Trade, Intergovernmental Affairs, Internal Trade and One Canadian Economy, Dominic LeBlanc.
OTTAWA — The Honourable François-Philippe Champagne, Minister of Finance and National Revenue, said “in response to a formal request from the Canadian Wood Products Alliance, the government has directed the Canadian International Trade Tribunal to conduct an inquiry on global imports of solid and engineered wood cabinets and vanities, solid and engineered hardwood flooring, and engineered wood storage furniture. The Tribunal will have 270 days to determine if increased imports of these products are causing, or threatening to cause, serious injury to Canadian wood product manufacturers, and to make recommendations to the government on appropriate remedies.”… “If the Tribunal finds that safeguard measures are warranted, the government will take appropriate action, in accordance with international trade rules.”
The Trump administration has begun processing refunds for billions of dollars in tariffs that the US Supreme Court struck down in February. In what is to be the biggest repayment programme in history, companies can apply online for money they were charged under the “Liberation Day” tariffs – plus interest – to be returned. …But individual consumers, who were hit by the tariffs indirectly through higher prices, are not expected to be compensated. …”All importers of record whose entries were subject to IEEPA duties are entitled to the benefit” from the high court’s ruling, Judge Richard Eaton wrote. As of early April, more than 56,000 importers had completed the necessary steps to apply for refunds online when the portal opened, with their claims worth $127bn. The portal, known as the Consolidated Administration and Processing of Entries (Cape), went live on Monday. 
OTTAWA – Prime Minister Carney has 
Canada-United States Trade Minister Dominic LeBlanc said the government wants to resolve trade frictions with the Trump administration as part of a comprehensive agreement, rather than through “one-off” deals. LeBlanc said the irritants U.S. officials raise privately are the same ones they’ve outlined publicly. A recent report by U.S. Trade Representative Jamieson Greer’s office flagged Canada’s supply-managed dairy system, regulations affecting major US technology firms and other long-standing trade concerns. “If we’re going to resolve some of these issues that Ambassador Greer referred to, Canada is ready and willing to do that work,” LeBlanc said. But he said any progress must come as part of a “larger agreement” that would ease pressure on tariff-affected sectors of Canada’s economy and provide greater certainty around the Canada-U.S.-Mexico Agreement review process. The minister’s comments shine a light on the strategic considerations of the US, Canada and Mexico in the trade discussions.
OTTAWA — Ottawa’s temporary suspension of some fuel taxes kicks in today, with Canadians likely to save 10 cents per litre on regular gasoline, and four cents on a litre of diesel. Prime Minister Mark Carney had announced last week a pause on those fuel excise taxes up until Labour Day. The Liberals say this is a prudent way to tame prices at the pumps, at a cost of roughly $2.4 billion. The Conservatives argue this isn’t enough to meet rising energy costs, calling for the pause to extend to the end of the year, as well as an end to clean-fuel standards and the industrial carbon tax. U.S. President Donald Trump’s decision to wage a war against Iran alongside Israel has sent global energy costs surging, with Tehran and later Washington constraining certain shipments in the Strait of Hormuz.
Canadian softwood producers have now paid more than US$8-billion in US duties since 2017, as BC’s Forests Minister seeks to keep lumber on Ottawa’s radar to resolve the trade dispute. The issue of Canadian softwood shipments into the US is not directly addressed by the United States-Mexico-Canada Agreement. …About US$2-billion in interest has gradually piled up over the past nine years, bringing the value of duties paid plus interest to more than US$10-billion. …Last week, the US said it plans to decrease duties for Canadian softwood. …The revised anti-dumping and countervailing duties equal 24.83%, and when combined with the tariffs, the levies would total 34.83%. …Canfor would see its total levies decline to 31.02%, down from the current 47.59%. West Fraser’s duties would decrease to 20.70%, compared with the current 26.47%. The duty rate for Resolute FP, a subsidiary of Domtar, would drop to 24.95% from the current 35.16%. [to access the full story a Globe & Mail subscription is required]
Geopolitics, macroeconomics, and specialty markets take centre stage as three global experts open 
NANAIMO, BC — The debate over a contentious rezoning proposal came to a head Thursday night at Nanaimo council, with what may have been a record crowd for the public hearing. …At stake, Nanaimo Forest Products, which owns Harmac Pacific, wants to rezone roughly 72 hectares of land to heavy industrial. Harmac Pacific’s CEO said “Nanaimo is desperately short of industrial land and council initiated this process when approving the official community plan in 2022. …Paul Sadler, CEO and the General Manger of Harmac Pacific said the company wants to maintain ownership and choose businesses that are complementary to its own such as sawmills or companies that “can take advantage of its green energy supply” …The company, in discussions with Nanaimo City Council, has agreed to an average 100 meter buffer from the park. …But the majority of speakers were opposed. …The Snuneymuxw First Nation also has serious reservations. …The hearing continues April 22.
Vancouver, BC — DWB Consulting Services Ltd. and Chartwell Resource Group Ltd. today announced they are moving forward under a new unified name: Kintera. This rebrand marks a significant milestone in the merger of the two firms, reflecting their shared vision and the next step in their evolution as a single, integrated organization. For decades, DWB and Chartwell have built strong reputations in British Columbia’s natural resource sector—known for making complex challenges understandable and delivering practical, meaningful solutions. Since merging in August 2025, the combined organization has continued to build on that foundation, strengthening its technical capabilities and expanding its service offering. The transition to Kintera reinforces this momentum, positioning the company to deliver enhanced expertise, greater capacity, and increased value to clients across the sectors it serves. Clients can expect the same high level of service, responsiveness, and trusted relationships that have defined both organizations.
North Vancouver, B.C. — Seaspan Marine announced an agreement with Hodder Tugboat Co. Ltd. to sell its legacy chip and hog fuel barge division, and remaining forestry industry transportation assets, subject to closing conditions. The transaction, which is described as a “turnkey,” is inclusive of the workforce, existing services and related assets, like coastal tugs, river tugs and barges, and associated maintenance facilities — customers who rely on this vital service remain unaffected. Hodder is an established marine towing company based in Richmond with a longstanding focus on the forest industry, including the transportation of logs, timber and related forestry products. The sale aligns with the expert skillsets of the existing Seaspan team and assets in operation. The acquisition of Seaspan’s chip and hog barge division is a natural extension of that expertise, reinforcing Hodder’s commitment to service for its coastal clients.
Kenora, Ont. – The United Steelworkers (USW) are proud to welcome 147 new members following a strong organizing victory at Weyerhaeuser in Kenora, Ont. Workers voted overwhelmingly in favour of joining the union with 97% support. This is a clear demonstration of their desire for a stronger voice at work and a more secure future. “This result speaks volumes,” said Kevon Stewart, USW District 6 Director. “Workers at Weyerhaeuser came together with shared goals – to improve their working conditions, strengthen their rights and build a better future. We are proud to stand with them as they begin this next chapter.” The organizing campaign was driven by workers coming together and building support across the workplace. …This victory reflects a growing trend of workers across the forestry sector choosing to unionize and strengthen their collective voice on the job.
Researchers at the U.S. Forest Service’s Southern Research Station and Louisiana State University have published a paper that investigates how the European Union Deforestation Regulations could alter global wood pellet trade patterns. The paper is titled “Wood pellet market restructuring under the European Union deforestation regulation: A dynamic spatial equilibrium analysis.” …“Our results suggest the EUDR reallocates global trade rather than reducing global production,” the researchers wrote. While the regulation succeeds in reducing the European Union’s reliance on imports and increases its share of consumption of deforestation-free products, it does not materially lower the total amount of wood pellets produced and burned worldwide. …The main economic result is a shift in trade flows, where pellets that are blocked from the European market are redirected to Asian buyers. …The large production losses projected for the US Southeast, compared to the much smaller losses for Canada.
BRUSSELS — The European Union’s trade surplus with the rest of the world shrank by 60 per cent in February as exports to the United States dropped by more than a quarter, with U.S. import tariffs of 15 per cent largely in place on EU goods. EU exports as a whole were 9.3 per cent lower in February than a year earlier, while imports were down 3.5 per cent, EU statistics office Eurostat said on Friday. The largest export decline was towards the U.S., with a drop of 26.4 per cent, while imports from the United States were 3.2 per cent lower. EU exports to China were also down. A year ago, EU exporters had begun front-loading shipments to the U.S. in anticipation of U.S. President Donald Trump’s tariffs, inflating the export figures for early 2025 and potentially explaining February’s sharp decline. Exports to the United States in February 2025 rose by 22.4 per cent year-on-year.
The U.S. Endowment for Forestry and Communities today announced a $5 million funding opportunity to connect underutilized wood fiber with new buyers, strengthen regional supply chains and keep working forests economically viable. This effort will invest up to $1 million per year over five years in organizations that can develop durable market solutions, helping keep working forests productive and rural economies strong, especially in regions facing reduced processing capacity and shifting market conditions. An additional $500,000 is available for projects in Maine, New Hampshire, New York and Vermont through a partnership with the Northern Border Regional Commission’s Forest Economy Initiative. When local wood markets weaken, the impact ripples across entire communities, affecting landowners, loggers, hauling businesses and manufacturers. Without reliable markets, it becomes harder to keep forests actively managed and economically viable. The Endowment expects to select three to five organizations by June 2026 for five-year agreements focused on practical market-building work.
