Way off topic. But I think it's a fit for your doom and gloom mood.
Van Sun says Canfor, rival see more Canadian threats
International Forest Products Ltd IFP.A
Shares issued 34,173,262 Mar 7 close $4.34
Thu 8 Mar 2001 In the News
See Canfor Corporation (CFP) In the News
The Vancouver Sun reports in its top Page 1 story on Thursday that a
Canadian strategy is emerging in a looming trade war with the United
States: Block free trade in lumber and we will turn off your lights. The
Sun's Rod Nutt and James Baxter of Southam News write that there was
clamouring on both sides of the border Wednesday for Canada to use its
energy resources, which feed the vast U.S. appetite for power, to protect
its lumber exports to that country. "I would remind U.S. policymakers that
without Canada's energy, they had better learn to speak Arabic and read by
candelight," said Tom Stephens, the U.S.-born chief executive of MacMillan
Bloedel, who was speaking at a forestry conference in Vancouver. In
Washington, former Ontario premier Bob Rae warned the Canadian-American
Business Council that blocking Canadian lumber from entering the U.S. could
mean that Canada will reciprocate by rejecting the continental energy
policy that the United States covets. "Open trade is a two-way street,"
said Mr. Rae, who now works as a lawyer representing Canada's Free Trade
Lumber Council. |
