Canada and Mexico are highly exposed to any changes in U.S. trade policy, says Scotiabank's chief economist. Both countries send over three-quarters of exports to the U.S.

British Columbia Premier Christy Clark called for a new softwood trade agreement with the U.S., issuing congratulations to President-elect Donald Trump and U.S. Senators elected in neighboring states during the November 8 elections in the United States of America.

The U.S. and Canada seek to head off a trade war on softwood lumber imports as key differences remain between the countries.

Canada's Prime Minister Trudeau and U.S. President Obama have committed to establishing a long term agreement on softwood lumber between Canada. A communique issued following Trudeau's March 10 2016 state visit to the U.S. set a 100 day target for key features in the agreement.

With Canadian Prime Minister Justin Trudeau in Washington, D.C. for a state dinner, a question top of mind for the lumber and forestry industry is whether a new Softwood Lumber Agreement (SLA) will be negotiated.

VANCOUVER, BC - Conifex Timber Inc. has completed its purchase of a private Delaware company holding exclusive rights to a sawmill and 186 acres of land near El Dorado, AR. The rights to the Arkansas property was acquired for $21 million.

The Wood Component Manufacturers Association works with industry groups for the betterment of the North American woodworking industry, while keeping members informed of relevant issues that impact their businesses. On the radar are:

The Softwood Lumber Agreement between the United States and Canada is set to expire October 2015, marking the end of the two-year extension. The agreement prohibits the Canadian federal and provincial governments from providing subsidies to the Canadian lumber industry.

The U.S. Lumber Coalition today welcomes the announcement by the U.S. Trade Representative that the United States and Canada have agreed to extend the 2006 Softwood Lumber Agreement (SLA) for a period of two years.