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Canadian Economy and Markets

B.C. premier anxious about provinces softwood lumber industry in Trump trade war [Video]

B.C. Premier David Eby said he is anxious about the province’s softwood lumber industry, which is already reeling from record-high tariffs.

At a media availability on Thursday, Eby said that he will be in Prince George on Friday to meet with forestry representatives.

“My concern is that the president has committed to targeting our softwood lumber industry even more than the Americans already have with their unfair duties on our products,” Eby said.

“It’s going to drive up the cost of housing in the States. It’s going to cost jobs south of the border. And in British Columbia. And we’re going to stand together with those workers in that sector to make sure that they’re supported, as well as with that industry, to make sure that we get through this and part of the effort will be around diversification in other markets.”

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Eby said there are three reasons he is anxious about the industry. …

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