Canada moves closer to settling lumber dispute with U.S.
A sufficient number of Canadian companies now support a bilateral measure to settle a 20-year lumber trade dispute with the United States, according to Michael Wilson, Canada’s ambassador to the United States, a the Washington Post reported today.
The deal allows Canadian lumber shippers to recover up to $4.3 billion in duties.
The Post said Canadian Prime Minister Stephen Harper plans to introduce legislation in September to implement the new lumber agreement with the United States by October.
Canada moves closer to settling lumber dispute with U.S.