Hurricanes “incentive” for softwood deal

OTTAWA — The impact of the hurricane season on the U.S. South could bring pressure on the U.S. government to settle its dispute with Canada over softwood lumber. With rebuilding efforts underway following Hurricane Harvey and more to come in the wake of Irma, lumber prices have driven up. Scotiabank economist Brett House told the Canadian Press that affected communities will need “every single log they can get their hands on from Canada,” a situation he described as “an incentive to move forward on the softwood lumber discussions in a way that’s constructive for Canada.”

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