One of Canada’s lumber producers, Groupe Rémabec, will temporarily lay off most of its workers as the industry faces rising US duties and weakening demand. The manufacturing division, Arbec Forest Products, is shutting down indefinitely, leading to more than 1,000 immediate job cuts. The number may reach 1,400 in the coming weeks, according to a company statement that blamed “persistent imbalances in both access to the resource and international markets.” Groupe Rémabec employs about 2,000 people and is headquartered in La Tuque, Quebec, about 300 kilometers north of Montreal. President Trump’s administration is poised to more than double the duties on Canadian softwood lumber.  …Rémabec said, with Arbec’s deposits representing an “astronomical amount.” …Rémabec also said a “feeling of exasperation is widespread” in the Quebec forestry industry over regulations that have created “an increasingly unstable ecosystem, without predictability or coherence.” The Quebec government has been trying to modernize its forestry legislation.

Related coverage in the Globe & Mail: Groupe Rémabec scales back operation