Recent Trade News
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Reduced Inspection Frequencies For Meat Imported From Australia And New Zealand
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Reminder On SFCR Requirements For The Manufactured Food Sector
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Safe Food For Canadians Regulations (SFCR) Requirement For The Manufactured Food Commodities
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Producers Brace for End of Long Truce in U.S.-Canada Lumber Wars
By Barrie McKenna, The Globe and Mail Mar 10, 2015
Canada’s lumber producers should be a happy lot. The U.S. housing market is coming back, exports are rising and the Canadian dollar is cheap.
But the industry has a wary eye on its own version of the doomsday clock – the countdown to the Oct. 12 expiry of a long truce in the Canada-U.S. lumber wars. A date that seemed far off when the deal was struck in 2006 is now just a couple of seasons away.
Under the deal, Canada is required to put an escalating tax on exports as softwood lumber prices drop below a predetermined threshold. It’s a form of managed trade, designed to control access to the U.S. market and limit potential harm to producers there.
You might expect that Canadian lumber producers would be anxious to escape those shackles.
Read Full Article on The Globe and Mail »