Changes to softwood tariffs between the United States and Canada could help alleviate the Canada’s lumber shortage. Canada’s currently experiencing a shortage of pressure-treated lumber, and prices have been costly. The shortage is due to COVID-19 shutting down lumber mills, and residents starting home renovations during the pandemic. Another factor impacting exports is the large tariffs placed on Canadian lumber exporters. These tariffs played a large role in Kenora Forest Product’s layoffs last September, as they currently add an additional 24 per cent of taxes onto the ...
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