28 November, 2016
Trump may test Canada's timber
A Donald Trump administration, combined with a Republican-controlled
Senate and House of Representatives, could have reverberations that will
be felt by the Canadian economy for years.
One of the first trade irritants that could test US-Canadian relations is softwood lumber.
A 10-year-old agreement that removed U.S. duties on Canadian softwood
lumber expired last month. That paved the way for the possibility of
steep taxes, which could result in layoffs throughout Canada's forestry
Trump can expect to face pressure from the US lumber lobby to implement
such duties. In an era of rising protectionism, he may be emboldened to