The Honourable Ed Fast, Minister of International Trade and Minister for the Asia-Pacific Gateway, today welcomed a favourable ruling in the trade dispute with the United States over the timber-pricing system for British Columbia’s Interior. A tribunal of the London Court of International Arbitration (LCIA), convened under the Softwood Lumber Agreement (SLA), ruled that Canada had not circumvented the agreement, as alleged by the United States.
“This is good news for forestry workers in British Columbia,” said Minister Fast. “We applaud the tribunal’s decision in favour of our lumber industry. This positive outcome is the result of our close collaboration with provincial and industry partners and proof that the SLA is good for Canada’s forestry sector.”
In accordance with SLA rules, the arbitration process was conducted by the LCIA. A panel of arbitrators heard compelling testimony that the increased proportion of low-value logs in B.C.’s timber harvest was caused by the devastating impacts of the mountain pine beetle infestation.