16:29:01 EDT Thu 28 Mar 2024
Enter Symbol
or Name
USA
CA



West Fraser Timber Co Ltd
Symbol WFT
Shares Issued 76,272,082
Close 2017-01-10 C$ 46.31
Market Cap C$ 3,532,160,117
Recent Sedar Documents

Van Sun says Canfor, others facing U.S. cabinet "hawk"

2017-01-10 07:00 ET - In the News

See In the News (C-CFP) Canfor Corp

The Vancouver Sun reports in its Tuesday edition that the B.C. Liberals put up a brave front last week when the Americans issued a preliminary finding of guilt against Canadian lumber imports for harming U.S. producers. The Sun's Vaughn Palmer quotes Forests Minister Steve Thomson responding to the unfavourable U.S. International Trade Commission ruling by saying: "These are allegations that, time after time, have been proven false. B.C.'s forest policies are trade-compliant." Never mind that those have not stopped the Americans from imposing punishing duties on Canadian softwood time and again. Mr. Palmer says there is every reason to think the trade winds are blowing in the opposite direction in North America these days. Incoming president Donald Trump, in marked contrast to earlier Republican leaders, is strongly protectionist, and has named like-minded folks to key positions on the trade-and-commerce file. His nominee for U.S. Trade Representative, veteran trade lawyer Robert Lighthizer, is widely regarded as a protectionist hawk. His Washington lobby firm said recently, "The president-elect has made clear that the U.S. will take action against unfair trade that is harming U.S. companies and workers."

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