New Brunswick may be in better position to absorb softwood lumber duty hit: Export Development Canada

By Andrew Cromwell
Global News
November 7, 2017
Category: Business & Politics
Region: Canada, Canada East

An export expert says there may be a bit of comfort when it comes to duties being imposed on New Brunswick softwood lumber producers. Last week, the U.S. Department of Commerce announced New Brunswick would not be exempt from duties and tariffs of softwood lumber products crossing the border. …Peter Hall, chief economist and vice-president of Export Development Canada, says while New Brunswickers are definitely wincing, both pricing and demand are high south of the border. Mike Legere, executive director of Forest NB, says while it’s business as usual for now, New Brunswick finds itself at a huge disadvantage to its neighbouring jurisdictions, especially Nova Scotia.

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