Tree Frog Forestry News

Rhetoric over, NAFTA begins, SLA not quite yet

Tree Frog Forestry News
August 17, 2017
Category: Today's Takeaway

With the NAFTA talks starting today, the softwood lumber dispute will now “take a distant back seat”, according to a commentary by RBC. However, the authors note: “NAFTA was an artificial deadline”, Trump could leverage the goodwill from a softwood agreement with Canada to “secure a better NAFTA deal with Mexico” and Trump “still has leverage over the US Coalition given the final duty and injury rates are still weeks away”.

The Associated Press writes that delivering on Trump’s NAFTA promises will be difficult as it will “require approval from a divided Congress”. Further, the administration wants to eliminate the dispute-resolution process, which “lets Mexico and Canada appeal unfavorable rulings by US courts”. Indeed, in a CBC report on NAFTA’s importance to New Brunswick’s manufacturing sector (absolutely fundamental) Minister Freeland said the loss of Chapter 19 would be fodder for “Canada walking away from the talks”.

In other business news, slumping demand has Norpac idling one of its paper machines in Longview WA and Resolute is permanently closing two of its paper machines in Calhoun, GA. Meanwhile, Finland based Stora Enso announced its investment plans for the next two years.

The BC Wildfire Service reports that BC’s wildfires have destroyed 8944 square kilometres of forest, breaking the previous record of 8,550 square kilometres, set in 1958. According to David Suzuki, these “wildfires are a climate change wake-up call”.

— Kelly McCloskey, Tree Frog Editor