Source Feed: The Globe and Mail
Author: Ashley Joannou
Publication Date: August 8, 2025 - 20:33
B.C. businesses call U.S. decision to double Canadian softwood duties harmful to both countries
August 8, 2025
The U.S. Department of Commerce says it has made a final decision to more than double countervailing duties on Canadian softwood lumber imports, a move business groups in British Columbia say will harm communities on both sides of the border.
A statement from the American department said the duty for most Canadian companies is being increased to 14.63 per cent, up from 6.74 per cent, after it determined softwood lumber from Canada was being unfairly subsidized.
Unpublished Newswire
OTTAWA — Canada’s housing crisis may get worse before it starts to show much relief, as new projections say that the number of housing starts will actually decrease this year and next.
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The Canada Mortgage and Housing Corporation (CMHC) forecasts that the total number of housing starts in Canada this year will be about 237,800, down from 245,367 in 2024. CMHC, a Crown corporation that acts as Canada’s...
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