West Fraser CEO says softwood war end not near

By Tamar Atik
Wood Business – Canadian Forest Industries
October 25, 2017
Category: Business & Politics
Region: Canada, Canada West

Canadian lumber producers may still have a long wait ahead of them if they’re hoping for a peaceful resolution to the wearisome softwood lumber dispute that has been plaguing relations between Canadians and our neighbours to the south. This, according to West Fraser Timber chief executive officer Ted Seraphim. …“I want to reiterate that at West Fraser our preference continues to be to find a durable long-term solution. And as such we are prepared to be patient,” he said. “I can’t stress enough the appreciation we have for the support of our prudential governments in B.C. and Alberta and the Canadian government that work tirelessly to find a solution to this dispute.” …West Fraser’s softwood lumber countervailing and anti-dumping duties cost the company $31 million for its current third quarter.

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