NORTH VANCOUVER, BC, May 21, 2021 / CNW / – British Columbia’s Independent Wood Processors Association (IWPA) calls on Canadian and US governments to initiate bilateral negotiations to resolve softwood lumber dispute that punishes consumers and manufacturers of valuable lumber added.
“Only bilateral government negotiations will resolve this trade dispute. These punitive tariffs create uncertainty that discourages investment and disrupts supply lines, leading to higher timber prices,” said Andy Rielly, President of IWPA. “With ever higher prices, supply shortages and increased construction costs – the US Department of Commerce’s decision more than doubled the duty on lumber shipped to the United States.”
Independent wood processors and other Canadian value-added wood manufacturers without a forest ownership regime are unfairly victims of this ongoing land ownership dispute. Independent wood processors buy their raw materials on the open market at about the same price consumers pay in hardware stores. Value-added wood producers already end up paying the duty twice: manufacturers’ input costs are United States commodity prices that incorporate the softwood duty, and when the value-added product is exported, the duty is applied at the highest price.
“This dispute only benefits a few Canadians and United States companies while punishing consumers and value-added producers, âsaid Brian menzies, Executive Director of IWPA. âToday, the line has blurred since Canadian forestry companies went on a buying spree. United States sawmills. “
“It is time for political leaders to recognize that this dispute benefits a few at a very high price for many consumers and those who work in value-added manufacturing on both sides of the border,” Menzies said.
The Independent Wood Processors Association represents non-incumbent companies that buy logs and lumber on the open market and manufacture higher value products here in British Columbia.
IWPA member companies manufacture a diverse line of higher value wood products, including the beautiful wood you see around your homes: fences, decks, wood siding, railings, floors, window frames, and more. . Higher value wood processors are also known as specialty wood industries, value added wood producers, secondary manufacturers and remanufacturers.
SOURCE Independent Association of Wood Processors British Columbia
See original content: http://www.newswire.ca/en/releases/archive/May2021/21/c0925.html