Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  News  >  Economy & Forex  >  All News

News : Economy & Forex

Latest NewsCompaniesMarketsEconomy & ForexCommoditiesInterest RatesBusiness LeadersFinance ProfessionalsCalendarSectors 
All NewsEconomyCurrencies / ForexCryptocurrenciesEconomic EventsPress releases

Natural Resources Canada : Federal, Provincial Ministers Discuss Ongoing Softwood Lumber Dispute With U.S. and Its Economic Effects

share with twitter share with LinkedIn share with facebook
share via e-mail
0
11/10/2017 | 09:39pm CET

November 10, 2017 Ottawa Natural Resources Canada

Canada's Minister of Natural Resources, the Honourable Jim Carr, and his provincial counterparts today discussed final determinations by the U.S. Department of Commerce in the countervailing and anti-dumping duty investigations into imports of certain softwood lumber products from Canada.

Minister Carr and the other members of the Federal-Provincial Task Force on Softwood Lumber denounced the unfair and punitive duties on Canadian softwood lumber imports that threaten the livelihoods of workers and communities that depend on the forest industry across our country.

The ministers and the Task Force discussed the economic impacts of the dispute and the rollout of the Softwood Lumber Action Plan, which made available $867 million to diversify Canada's forest products and international markets and support affected workers and communities.

The ministers and the Task Force reaffirmed their commitment to forest workers and communities that rely on softwood lumber and reiterated the importance of coordinating and consulting with forest sector stakeholders and engaging with Indigenous communities and companies affected by the dispute. They also declared their continuing commitment to helping the industry transform and use wood in new ways, by selling to new international markets and continuing to lead as a major player in the low-carbon and bioeconomy. Market diversification for wood products will create Canadian jobs and benefit the communities that rely upon the forest industry.

The ministers and the Task Force will continue to consult closely on Canada's response to these duties. Canada will remain in close contact with the provinces, territories, Canadian industry and its workers on this issue.

The Government of Canada maintains the view that a negotiated agreement that brings stability to the softwood lumber industry is in the best interest of both countries. The Government will also continue to engage our American counterparts to encourage them to come to a durable, negotiated agreement on softwood lumber.

Media may contact:

Alexandre Deslongchamps
Press Secretary
Office of the Minister of Natural Resources
343-292-6837

Media Relations
Natural Resources Canada
Ottawa
343-292-6100
[email protected]

Follow us on Twitter: @NRCan (http://twitter.com/nrcan)

NRCan's news releases and backgrounders are available at www.news.gc.ca.

Natural Resources Canada published this content on 10 November 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 10 November 2017 20:38:02 UTC.

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news "Economy & Forex"
11:06pDIAB INTERNATIONAL : to show products and innovations at JEC World 2018
PU
09:46pMINISTRY OF FOREIGN AFFAIRS OF UNITED ARAB EMI : Yousef Al Otaiba meets senior US senators.
PU
08:41pBGE BALTIMORE GAS AND ELECTRIC : Begins to Restore Gas Service to Portions of Multi-Block Area Affected by Water Main Break
PU
08:31pCISCO : Ireland Security Myth Busters
PU
06:40pFEB 18, 2018 : Berlinale Mourns the Loss of Nazif Mujić
PU
06:19pIn boost to reform, Saudi Arabia's cabinet approves bankruptcy law
RE
06:06pPUNJAB NATIONAL BANK : Billion dollar diamond fraud case puts India's state banks in focus
RE
06:06pPRESIDENT OFFICE OF REPUBLIC OF MALDIVES : Supreme Court rejects case on State of Emergency
PU
05:30pIndia's Reliance, global tech firms to invest $9.3 billion in industrial area
RE
03:16pPITTSBURGH STEELERS : Honoring DMR, Colbert, Bell & more
PU
Latest news "Economy & Forex"
Advertisement