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Softwood Duties Now In Place

New softwood lumber duties on Canadian producers are now in effect, after failed talks on a new agreement between Canada and the US.

The most impacted company in northwestern Ontario is Resolute Forest Products.

It is taking an almost 18% hit.

The U.S. announced the duties in November, after accusing Canada of unfairly subsidizing and dumping softwood lumber.

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Dryden, CA
9:04 am, May 6, 2026
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