The U.S. Commerce Department has decided to hike anti-dumping duties on Canadian softwood to 20.56 per cent, with B.C. lumber organizations calling them unjustified, punitive and protectionist.
The hiked softwood lumber duties come amid the growing trade war between Canada and the U.S., and represent the latest blow to B.C.'s beleaguered forestry industry.
B.C. Forests Minister Ravi Parmar described the long-awaited rate hike as a “gut punch” for B.C.'s forestry industry which has seen thousands of workers laid off over the last few years.
Why not sell it cheap?
Because that’s not capitalism. They’d rather set it on fire than sell it for less than that want it to be worth.