The United States Department of Commerce indicated that they would continue to apply duties on Canadian softwood lumber exported to the United States.
“The Surrey Board of Trade warns that this decision compromises regional economic development in the Cascadia Corridor,” said Anita Huberman, President & CEO, Surrey Board of Trade.
The dispute was set in motion when the US lumber industry objected to the low Canadian stumpage rates and transportation costs, perceived by the US as an unfair advantage. US producers contended that Canada was subsidizing its lumber industry by allocating timber in a non-competitive manner.
“We are deeply concerned with this continued burden on an industry so important to the BC and Canadian economy. The Surrey Board of Trade calls on the federal government to scale up their efforts in negotiating the end of these unjust duties.”
As inflation, housing affordability, and supply chain issues persist, many industries face significant economic pressures that could force them to close or relocate to other jurisdictions.
Surrey is home to many wood manufacturing companies that are significant employers, such as The Teal-Jones Group, S&R Sawmills, Pacific Lumber, Catalyst Paper, the Sundher Group, Key West Forest Products and Riverside Forest Products, to name a few. Workers and businesses are dependent on a healthy forest sector.
Harvesting of timber in BC generates over 100,000 direct and indirect jobs, including thousands in Surrey. Well-managed and sustainable forestry will be around for as long as people use wood and paper products. It’s the ultimate renewable industry.
The Surrey Board of Trade will continue to work with our Cascadia partners to bring change for the better for our softwood lumber industry.
Anita Huberman, 604-634-0342, email@example.com