Lumber sector thrives despite trade war By PETER KENNEDY, Globe and Mail
'Canadians are in a position to hang tough.' Any move to reach a settlement appears to be on hold until a North American free-trade agreement panel issues a ruling on whether the United States has proved that Canadian lumber threatens to injure American forest companies.
If the panel rules in Canada's favour, duties averaging 27.2 per cent on U.S.-bound Canadian softwood lumber may have to be withdrawn.
As a result, Ottawa is waiting anxiously for the ruling -- expected April 30 -- before making a counteroffer to the U.S.'s most recent proposal to settle the dispute.