BC companies spend more than US$620 million on US sawmills while local forestry communities founder: study
November 27, 2008 |
BC Office
VICTORIA — In just two years, the Softwood Lumber Agreement has cost BC’s forest industry more than half a billion dollars in new export taxes and led some companies to invest outside the province, a new study by the Canadian Centre for Policy Alternatives finds.
“Far from delivering security, the Canada-US softwood pact has seriously undermined BC’s lumber producers and hurt rural communities as they struggle through a prolonged economic slump,” says Ben Parfitt, report author and CCPA-BC resource policy analyst.