US delays duty adjustments on Canadian lumber for 60 days

July 23, 2020
Category: Today's Takeaway

The US Dept of Commerce announced a further 60-day delay on administrative reviews, postponing the anticipated duty changes on Canadian softwood lumber. In related news: US home sales rebound; nonresidential construction is down; and Russian timber exports fall. Companies in the news include Teal Jones (property tax increase); Western Forest Products (food bank donation); and Verso Corp. (potential buyers). 

In Forestry/Climate news: BC stands behind predator control as ENGOs ask court to revoke wolf kill permits; wilderness designation is sought for parts of Olympic National Forest; scientists say the Amazon is trapped in a climate/forest loss cycle; and New Zealand passes bill to help domestic wood processors.

Finally, the US Congress passes an historic bill to boost conservation, parks.

Kelly McCloskey, Tree Frog Editor

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