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first_imgCanadian lumber companies are bracing for tomorrow’s expected announcement on new import tariffs on softwood heading into the United States.University of British Columbia professor Harry Nelson says the largest forestry companies — especially those in British Columbia — can withstand a long dispute with several years of import tariffs on softwood.He says they have bigger cash reserves to help weather the storm and they also have other options outside US markets, such as China or India.Quebec’s largest lumber company argues that BC’s largest producers have changed the playing field since the last softwood dispute by buying 39 sawmills in the United States, and could profit if the price for their US softwood goes up because of tariffs.last_img

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