‘We want to see softwood on the table in these trade talks’: Premier Holt

By Adam Huras
The Telegraph-Journal
July 17, 2025
Category: Business & Politics
Region: Canada, Canada East, United States

Susan Holt

New Brunswick Premier Susan Holt says she’s part of a push to see a nearly decade-long softwood lumber standoff end as part of a larger new trade deal with the US. But the premier stopped short of saying whether her government supports the idea of a quota limit,” if that’s what it takes to finally reach a deal. …“The tariffs that are currently in place on softwood lumber are damaging to New Brunswick and the forecast that those tariffs are going to increase significantly has put a real chilling effect on a critical industry for our province.” …New Brunswick’s largest forestry company J.D. Irving, Limited currently pays a duty of 11.68%, while the province’s other softwood producers, including Arbec, H.J. Crabbe & Sons Ltd., Marwood, and Twin Rivers have been assessed a combined rate of 14.54%. The preliminary plans for higher duty rates are set to take effect by September.

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