U.S. Lumber Coalition concerned by log export policy changes in British Columbia:
The U.S. Lumber Coalition has released the following press release:
The U.S. Lumber Coalition is seriously concerned by the recent announcement of log export policy changes in British Columbia (BC), particularly an increase in the “fee in lieu of domestic manufacturing” applied to many log exports that will take effect on March 1.
Log export restrictions have the effect of insulating BC lumber mills from world market prices for logs, which have increased significantly in recent years as China and other countries have increased their demand for North American logs. The recent announcement of measures to tighten log export restrictions on the BC Coast will allow BC lumber producers to pay even further below-market prices for their log inputs.
