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23:27 19-03-2018
American Panda Express sets up a new fast food chain in Russia
22:34 19-03-2018
NATO is moving to a new “cutting-edge” building
21:15 19-03-2018
Russian entrepreneur opens Uzbek restaurant in London
20:37 19-03-2018
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20:18 19-03-2018
200 social facilities worth $956m to be built in Russian Far East
19:50 19-03-2018
Russian government approves soft loans for purchase of wooden houses
19:35 19-03-2018
Chinese investment in foreign real estate reached its high in 2017
19:13 19-03-2018
French Engie revealed its spendings on Nord Stream 2
18:54 19-03-2018
Saudi company and RDIF buy into a tram project in St. Petersburg
18:01 19-03-2018
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23:52 16-03-2018
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23:09 16-03-2018
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22:41 16-03-2018
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22:10 16-03-2018
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21:46 16-03-2018
24 penthouses put up for sale in Moscow elite buildings
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20:37 16-03-2018
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20:03 16-03-2018
$175-million children's campus to be built in Russia
19:21 16-03-2018
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18:52 16-03-2018
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22:53 15-03-2018
President Putin inspected a new airport in Crimea
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20:48 15-03-2018
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19:31 15-03-2018
Khabarovsk airport to be built without Japanese investments
18:54 15-03-2018
$140 million to be allocated to road bridge across Ob River
18:17 15-03-2018
French and Russian technology parks to exchange startups
17:48 15-03-2018
Azimut Hotels to open $82m hotel near Pereslavl-Zalessky
17:12 15-03-2018
Zaha Hadid Architects to create project for international airport in India
16:37 15-03-2018
Rosatom starts construction of a strategic uranium mine in Transbaikal
15:56 15-03-2018
Contractor needed to improve Moscow underground crosswalks
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«    March 2018    »

Softwood lumber industry of Canada might be affected by Trump’s victory

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Softwood lumber industry of Canada might be affected by Trump’s victory

On the 9th of November 2016, Western Forest Products Inc. stock fell at Toronto Stock Exchange in connection with the uncertainty over the future of softwood lumber industry in Canada caused by the news about Donald Trump being elected U.S. President, The Globe and Mail reports.

Newly elected President Trump is expected to pursue a protectionist policy, what would significantly impact Canada’s softwood lumber industry.

In particular, a possible change of trade relations between the USA and Canada might influence the future of Western Forest Products Inc., the British Columbia’s largest coastal forest company, given that 2006 agreement between two countries on softwood lumber has expired.

Over the course of his electoral campaign, Donald Trump advocated a protectionist trade agenda and promised to renegotiate or break the North American free-trade agreement.

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