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Competitive auctions determine the stumpage fees to be paid. The difference between the cost of acquisition of harvested timber between the United States and Canada is the cause of the ongoing Canada-United States softwood lumber dispute. The United States' representatives claim the Canadian system of determining stumpage fees amounts to a subsidy.
Canada has the biggest trade surplus in relation to forest products ($21.7 billion in 2015). [6] As the largest market, the U.S. is heavily dependent on Canada's lumber. The needs of the US outweigh the domestic supply. Canada has also been expanding rapidly into the Asian market, with China being the second-largest importer.
The twin-peaked lumber bubble of 2021 and 2022 that once drove home building costs through the roof and exacerbated inflation is now nothing more than a memory.. Spot lumber prices have plummeted ...
Wood, carpentry. Rough carpentry (unfinished) Heavy timbers, log home, timber framing or "post and beam" Bamboo; Engineered wood, dimensional lumber. Stud, joist, rafter; Treated lumber and wood decking; Sheathing, subflooring, panelling. Plywood, shiplap, tongue and groove; Oriented strand board; Parallel strand lumber or "PSL" Glued laminated ...
HGTV home renovation stars Jonathan and Drew Scott – best known as the Property Brothers – are fearful that Trump’s proposed tariffs could send construction costs soaring. The brothers ...
Wood cut from Victorian Eucalyptus regnans The harbor of Bellingham, Washington, filled with logs, 1972. Lumber is wood that has been processed into uniform and useful sizes (dimensional lumber), including beams and planks or boards. Lumber is mainly used for construction framing, as well as finishing (floors, wall panels, window frames ...
Today, less than 1% of Canada's forests are affected by logging each year. [2] Canada is the 2nd largest exporter of wood products, and produces 12.3% of the global market share. [6] Economic concerns related to forestry include greenhouse gas emissions, biotechnology, biological diversity, and infestation by pests such as the mountain pine beetle.
Here's how a US trade war between Mexico, Canada, and China could play out for the stock market. Filip De Mott. December 4, 2024 at 1:19 PM. Kamil Krzaczynski/AFP via Getty Images.