Latest news with #softwoodlumber
CTV News
3 days ago
- Business
- CTV News
B.C. Premier to discuss tariffs and pipelines during annual summer summit
B.C. Premier David Eby appears in Vancouver, on Monday, May 26, 2025. THE CANADIAN PRESS/Darryl Dyck B.C Premier David Eby joined his counterparts in Ontario's cottage county Monday for an annual summer summit, hosted this year by Premier Doug Ford. The focus of the three-day summit is fighting U.S. President Donald Trump's looming tariffs, set to kick in Aug. 1. Eby said Monday that he wants to see softwood lumber front and centre in trade negotiations and is open to export quotas on Canadian lumber. 'If we could get a deal on this, it would support Americans, it would support Canadians and it would be a net win,' he told reporters. 'I'm a huge fan of the idea, I've been advocating for that with the prime minister. Let's get a deal done, and I'm hopeful he's been hearing that message.' Monday's events included a session with First Nations leaders who have pushed back on legislation designed to fast-track infrastructure and energy projects and are calling for more consultation. The premiers emerged from the day's meeting expressing support for including the prime minister in a follow-up meeting with First Nations leadership. Another issue on deck is removing inter provincial trade barriers, something the provincial leaders seem to unanimously support. More controversial are ongoing calls, particularly from Alberta Premier Danielle Smith for more pipelines through B.C. Eby is on record as opposing the idea, but the Opposition says the province would benefit. 'British Columbia is in a unique position where we could be the nation builder, we could be opening up our ports, getting our natural gas out to international markets, getting our oil out to international markets and becoming that unifying factor of all of Canada,' said B.C. Conservative Leader John Rustad. Pipelines didn't come up during the day's meetings, but Ford said he expected they would during an evening barbecue at his family's cottage. 'There's going to be a great conversation around the dinner table tonight, and everyone lets their hair down,' he told reporters. The premiers will be back at it Tuesday, along with the prime minister, plotting ways to strengthen Canada's economy to respond to the latest tariff threats from Trump.
CBC
3 days ago
- Business
- CBC
Will a softwood lumber deal be part of Canada-U.S. trade negotiations?
As premiers meet ahead of a briefing from the prime minister on the state of Canada-U.S. trade negotiations on Tuesday, B.C. Premier David Eby tells Power & Politics there may be 'an opportunity' for Canada to strike a deal on long-standing softwood lumber disputes with the Americans.
Yahoo
17-07-2025
- Business
- Yahoo
Carney confirms possibility of lumber quotas in trade deal with the United States
Prime Minister Mark Carney said any future trade deal with the United States could include quotas on Canadian softwood lumber exports, a sector that has been a sore point in cross-border trade relations long before U.S. President Donald Trump's trade war. "There is normally some element of managed trade that comes out of any agreement, " Carney said Wednesday in Hamilton, Ont., where he spoke to steelworkers to announce measures to support that industry. He said "that can include quotas," among a "variety of trade factors." Carney's comments come after B.C. Premier David Eby told Bloomberg News that the federal government had been speaking with the provinces about quotas to resolve the softwood lumber dispute as part of a larger deal. "What the premier is saying that we are putting the option of quotas on the table as part of those discussions," Ravi Parmar, B.C.'s Forest Minister said in an interview Wednesday. Parmar acknowledged that neither government nor industry have historically supported such quotas. "But this is a really important time," Parmar said. "We are looking for the federal government to ensure that softwood lumber is just as important as steel or aluminum and auto in those conversations." Carney said he had been in close contact with Eby about the softwood file, adding that resolving the conflict is a "top priority" as the United States prepares to double various duties to 34.45 per cent. Canada and the United States have been without a softwood lumber agreement since 2015, and Eby has previously said that resolving the dispute could "build momentum" for a larger, more comprehensive trade deal. Trump's latest threat is to impose 35 per cent tariffs by Aug. 1 on Canadian goods currently not compliant with the United States-Mexico-Canada Agreement. Carney said he agreed with Eby's idea of resolving the softwood lumber dispute as part of a larger trade deal, but added that both issues are unfolding along different times lines. British Columbia accounts for about 40 per cent of Canada's softwood lumber exports to the United States, according to the BC Lumber Trade Council, but the industry has been struggling, and artificial export limits could further damage it. Kurt Niquidet, president of the B.C. Lumber Trade Council, said in a written statement that the industry represents a "cornerstone" of B.C.'s forest economy, and a "vital part" of Canada's trading relationship with the U.S. "Resolving this long-standing dispute is essential to protecting jobs, supporting communities, and ensuring a stable, competitive future for our forest sector." That statement did not directly comment on the quota proposal. — with files from David Baxter This report by The Canadian Press was first published July 16, 2025. Wolfgang Depner, The Canadian Press Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
CTV News
16-07-2025
- Business
- CTV News
Carney confirms possibility of lumber quotas in trade deal with the United States
Prime Minister Mark Carney waits to speak during a tour of a steel manufacturing facility, in Hamilton, Ont., Wednesday, July 16, 2025. THE CANADIAN PRESS/Chris Young HAMILTON — Prime Minister Mark Carney says any future trade deal with the United States could include 'some element of managed trade,' including quotas, on softwood lumber exports. Carney's comments come after B.C. Premier David Eby told Bloomberg News that the federal government has been speaking with the provinces about quotas to resolve the softwood lumber dispute. The prime minister says he's been in close contact with Eby about the softwood file, adding that resolving the conflict is a 'top priority' as the United States prepares to double various duties to 34.45 per cent. Canada and the United States have been without a softwood lumber agreement since 2015, and Eby has previously said that resolving the dispute could 'build momentum' for a larger, more comprehensive trade deal. U.S. President Donald Trump's latest threat is to impose 35 per cent tariffs by Aug. 1 on Canadian goods currently not compliant with the United States-Mexico-Canada Agreement. Carney says he agrees with Eby's idea of resolving the softwood lumber dispute as part of a larger trade deal, but notes that both issues are unfolding along different times lines. With files from David Baxter This report by The Canadian Press was first published July 16, 2025. The Canadian Press
Yahoo
16-07-2025
- Business
- Yahoo
Carney confirms possibility of lumber quotas in trade deal with the United States
HAMILTON — Prime Minister Mark Carney says any future trade deal with the United States could include "some element of managed trade," including quotas, on softwood lumber exports. Carney's comments come after B.C. Premier David Eby told Bloomberg News that the federal government has been speaking with the provinces about quotas to resolve the softwood lumber dispute. The prime minister says he's been in close contact with Eby about the softwood file, adding that resolving the conflict is a "top priority" as the United States prepares to double various duties to 34.45 per cent. Canada and the United States have been without a softwood lumber agreement since 2015, and Eby has previously said that resolving the dispute could "build momentum" for a larger, more comprehensive trade deal. U.S. President Donald Trump's latest threat is to impose 35 per cent tariffs by Aug. 1 on Canadian goods currently not compliant with the United States-Mexico-Canada Agreement. Carney says he agrees with Eby's idea of resolving the softwood lumber dispute as part of a larger trade deal, but notes that both issues are unfolding along different times lines. — with files from David Baxter This report by The Canadian Press was first published July 16, 2025. The Canadian Press Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
