USMCA signed in Buenos Aires; US Farm Bill to pass without forestry provisions

November 30, 2018
Category: Today's Takeaway

The USMCA (or NAFTA-update) was signed today at the G20 summit in Buenos Aires. Key takeaways: the agreement lifts the risk of economic uncertainty; the Canada-US rift remains; and final ratification remains a big hurdle. Meanwhile: the US Farm Bill is likely to pass as Republicans sidelined their forestry provisions; Alberta’s plan to ship oil by rail will hurt lumber shippers; and pressure mounts as Canadian Senators weigh in on Northern Pulp’s future.

In Forestry news: A&A Trading and Terminal Forest Products pass their forestry audit; Manitoba is privatizing their forest firefighting services; and the US is encouraged to prevent fires by letting the forest burn.

Finally, the UK cladding ban may outlaw CLT; and plans are unveiled for the world’s greatest concentration of mass timber buildings in Toronto—with suitable fanfare!

Kelly McCloskey, Tree Frog Editor

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