February will mark 2nd month with a 0% tax rate for Canadian lumber exporters:
The export tax for Canadian lumber producers exporting to the U.S. will stay at 0% for February.
Under the terms of the 2006 Softwood Lumber Agreement (SLA), the export tax rate drops to 0% when the Random Lengths Framing Lumber Composite price averages over $355 for the four-week period occurring 21 days before the beginning of the month.