More delays: the U.S. has postponed the decision regarding duties on softwood lumber imports from Canada.

Vancouver-based Conifex Timber Inc. reported record results second quarter, but set aside $4.6 million, and could need millions more, if U.S. duties become retroactive.

Canada offers to cap its U.S. market share at 30 percent to settle the softwood lumber trade dispute, while the two hammer out what happens if U.S. can't supply remainder.

With the Softwood Lumber Agreement in tatters and Inventories shrunk, U.S. lumber futures prices are spiking, threatening the U.S. homebuilders' business momentum.

New U.S. lumber duties of 7 percent on softwood imports from Canada were condemned by the National Association of Home Builders.

Canadian exporters sold softwood lumber in the United States at 7.72 to 4.59 percent less than fair value, says U.S. Secretary of Commerce Wilbur Ross.

The Canadian government will give C$867 million (US$642.2 million) in financial support to Canadian lumber producers and exporters to help them withstand the impact of new U.S. tariffs on Canadian softwood exports.

Record high lumber price prices in the U.S. and up to 24 percent import tariffs on Canadian lumber - which forms 32 percent of U.S.supply - will drive overseas imports.

The United States government will impose tariffs on Canadian softwood lumber following a Commerce Department determination that Canada subsidizes softwood lumber production.

The Government of Canada disagrees strongly with the U.S. Department of Commerce’s decision to impose an unfair and punitive duty.