The Canadian government will file an anti-dumping decision dispute against the U.S. at the NAFTA dispute panel regarding softwood lumber, adding to the subsidy-related move from mid-November. The timing is notable in being between NAFTA rounds, but shows the Canadian government is taking a business-as-usual attitude. American buyers of lumber, including builders and home improvement stores, have seen rising costs, with average import values per ton reaching a record of $189 per cubic meter in September. Market lumber prices rose a further 24% to a peak in November. They’ve fallen since t...
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