Lumber companies in Canada lost millions of dollars due to US tariffs

Lumber companies in Canada lost millions of dollars due to US tariffs
U.S. duties introduced on softwood lumber imports from Canada determined a lot of financial difficulties to Canadian lumber companies. The Canadian J.D. Irving Ltd. (JDI) says that since the start of the dispute the company lost US$ 30 million.     J.D. Irving expects that number to jump to $45 million by the end of the year, according to cbc.ca.  Jérôme Pelletier, vice-president of the sawmills division for JDI, said the tariffs are a significant additional cost to the company and have a negative impact.  While JDI ...

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