The Financial Post reports in its Friday, July 18, edition that Prime Minister Mark Carney says a trade agreement with the U.S. may include quotas on Canadian softwood lumber exports, which have long affected trade relations.
A Canadian Press dispatch to the Post reports that Mr. Carney mentioned on Wednesday in Hamilton, Ont., where he addressed steelworkers while announcing measures to support the industry, "There is usually some element of managed trade that comes out of any agreement. This can include quotas," among other "various trade factors."
His remarks followed B.C. Premier David Eby's comments to Bloomberg, indicating that Ottawa has been in discussions with the provinces about considering quotas to address the softwood lumber dispute as part of a broader deal.
"What the premier is saying is that we are putting the option of quotas on the table as part of those discussions," said Ravi Parmar, B.C.'s Forest Minister on Wednesday. Mr. Parmar also acknowledged that historically, neither the government nor the industry has supported such quotas. "This is an important time," Mr. Parmar said. "We need the federal government to prioritize softwood lumber alongside steel, aluminum and autos in discussions."
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