As most forest-products industry watchers are aware,
the nine-year-old Softwood Lumber Agreement (SLA) -- which regulates Canadian softwood lumber
exported to the United States -- is slated to expire on October 12, 2015. With
the SLA’s quotas and taxes going away, is the U.S. market about to be inundated
by cheap Canadian wood surging south? If Business Vancouver is to be believed, “a wall of wood, gift-wrapped in
devalued Canadian mill wrap...is accumulating at sawmills, transit yards and
rail points inside Canada.” So, is the threat real or just hyperbole?
Click here to find
out by reading the rest of the September 2015 Macro
Pulse recap.
The Macro
Pulse blog is a commentary about recent economic developments affecting the
forest products industry. The monthly Macro Pulse newsletter summarizes the previous 30 days of commentary available on
this website.
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