Canfor hardest-hit by US lumber duties

Canfor hardest-hit by US lumber duties
Canfor Corp. is bearing the brunt as new tariffs on softwood lumber exports into the United States come into effect.    Starting this week, the penalty will be 19.54% – more than quadruple the 4.62% it had been paying.    It's of little solace the U.S. Commerce Department had been considering a slightly higher 21% in May when preliminary tariffs were announced.    Combined, Canadian lumber producers will be paying 17.9% – slightly below the 18.32% preliminary rate issued in May, but double the initial 8.99 ...

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