Resolute asks for help with no softwood lumber trade agreement in sight
By Ellen Cools
With no trade agreement on softwood lumber in the immediate future, representatives of Resolute Forest Products have asked the government of Ontario for help.
According to Dryden Now, the company says it has $100 million in duty deposits in Washington.
In their delegation to the finance committee of the legislature last week, the company supported three main strategies: a federal loan guarantee program to aid Canadian exporters dealing with the U.S. export climate, defending exporters against punitive tariffs and duties imposed by President Trump, and helping exports access American markets.
The company also emphasized the importance of reliable access to fibre supply and how more regulations from federal and provincial governments can create further uncertainties.
To read the full article, click here.