Canadian softwood producers brace for U.S. duty surge

The U.S. is gearing up to more than double duties on Canadian softwood lumber, which will rise to a rate of 34.45 percent from 14.54 percent. The U.S. Lumber Coalition and the office of B.C. premier David Eby both confirmed the move, which Eby denounced as “an attack on forest workers and British Columbians” in a statement over the weekend. He is set to meet with Prime Minister Mark Carney today.