anadian lumber producers face average 27% duties after 2nd wave of U.S. trade action

White_Unifier

Senate Member
Feb 21, 2017
7,300
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Canadian lumber producers face average 27% duties after 2nd wave of U.S. trade action - Politics - CBC News

Hmmm... Well, if the US wants its imports to become more expensive, maybe Canada could help out. May I recommend a USD0.05/kg and USD0.05/kilowatt export tariff to the US, to be increased by USD0.05 each year, all to help our US friends out of course. Any product or service that is devoid of mass or energy would be exempted from this tax of course, such as much of the service industry, copyrights, patents, software, etc.
 
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Curious Cdn

Hall of Fame Member
Feb 22, 2015
37,070
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That's one way to read that. Here's another one:

"U.S. builders face a 27% Federal surtax on basic building materials."

The jerkwater states that have forced this levy cannot possibly supply the whole U.S.. It's a way of taxing new home construction.

Maybe, multi-million dollar mansion construction is exempt as they "drain the swamp" of Middle Class people.
 

MHz

Time Out
Mar 16, 2007
41,030
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Red Deer AB
We could always ship all the lumber to Central and South America or just declare it an endangered species. The US wanted to be self sufficient so let them become that with exports and imports. The US doesn't make anything that can't be imported from another Nation, probably cheaper and longer lasting as well.
 

Nanoose

Electoral Member
Jun 18, 2017
107
0
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I heard Mexico is going to pay for the tariffs on Canada's lumber (just like their going to pay for the wall). 27% is ridicules - the US needs Canada's lumber and Canada needs their business but I think trading is going to come to a halt and both Countries will be sorry.
 

MHz

Time Out
Mar 16, 2007
41,030
43
48
Red Deer AB
That's one way to read that. Here's another one:

"U.S. builders face a 27% Federal surtax on basic building materials."

The jerkwater states that have forced this levy cannot possibly supply the whole U.S.. It's a way of taxing new home construction.

Maybe, multi-million dollar mansion construction is exempt as they "drain the swamp" of Middle Class people.
Residential homes are on the decline and I don't think they use spruce in constructing mansions.

Good move, put a tax and say Canada won't export so that is the reason for the decline in new residential construction and renovations with foam cladding is now the trend.
 

taxslave

Hall of Fame Member
Nov 25, 2008
36,362
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Vancouver Island
I heard Mexico is going to pay for the tariffs on Canada's lumber (just like their going to pay for the wall). 27% is ridiculesd - the US needs Canada's lumber and Canada needs their business but I think trading is going to come to a halt and both Countries will be sorry.

We don't need the US lumber market nearly as much as we used to thanks to a good government in BC. No thanks to the feds who really don't care about much except the auto pact and what impact charity to Bombardier may have.
Whar we should Dom is Impose an export tax on lumber on the grounds the US$ market industry thinks they don't pay enough for it.
 

Danbones

Hall of Fame Member
Sep 23, 2015
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The US market may be fading on it's own because of all the other banking and economic woes.

double top crash, double top crash, double top crash, exception to rule, double top crash...

the future looks a little slow in housing starts down there:
https://fred.stlouisfed.org/series/HOUST