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To: long-gone who wrote (75109)	8/16/2001 1:08:03 PM
From: Gord Bolton	Read Replies (1) \| Respond to of 116916

What do American Companies think of the Softwood lumber tarriff? Weyerhaeuser Will Curtail B.C. Cedar Production FEDERAL WAY, WA, Aug. 16 /CNW/ - Weyerhaeuser Company announced today that because of market uncertainty surrounding the U.S. Department of Commerce's decision last week to invoke a 19.3 percent countervailing duty on Canadian wood imports, it will curtail production at three cedar mills in coastal British Columbia, Canada. The Canadian White Pine mill in Vancouver and the Somass mill in Port Alberni on Vancouver Island will be down for a minimum of two weeks starting Monday, Aug. 20. The New Westminster mill in the Vancouver area will also be down for a minimum of two weeks effective Monday, Aug. 27. The action affects some 1,000 employees. The three mills have an annual capacity of 275 million board feet. Between 70 and 80 percent of the wood produced by these mills is imported by the United States. Bill Gaynor, Weyerhaeuser's senior vice president for Canada, said coastal B.C. will be the region hit hardest by the U.S. trade action against Canadian softwood lumber imports. "Cedar should never have been included as part of the countervailing duty." Gaynor said. "Cedar is not a structural product. It's a high-value, appearance-grade product. The percentage-based duty announced last week will disproportionately damage cedar and other higher-value coastal products. This will have serious consequences for our business and will also result in increased cedar prices for the consumer." Weyerhaeuser Company (NYSE: WY), one of the world's largest integrated forest products companies, was incorporated in 1900. In 2000, sales were Cdn$23.7 billion, (US$16 billion). It has offices or operations in 17 countries, with customers worldwide. Weyerhaeuser is principally engaged in the growing and harvesting of timber; the manufacture, distribution and sale of forest products; and real estate construction, development and related activities. Additional information about Weyerhaeuser's businesses, products or practices is available at www.weyerhaeuser.com. -30- For further information: Lawrence Pillon, Canada, (604) 661-8163; Paul Barnum, U.S., (253) 924-3920 WEYERHAEUSER COMPANY LIMITED has 32 releases in this database. newswire.ca

To: long-gone who wrote (75109)	8/16/2001 3:33:48 PM
From: Richnorth	Read Replies (1) \| Respond to of 116916

The US is less socialist than Canada. I don't think you are right about that. Maybe you have not yet Don Stott's book, "Consequences". At the end of his article, "One Down, And One More To Go" at gold-eagle.com, he made his offer:- "If the reader is interested in my opinions on all sorts of stuff besides economics, I am sending my book "CONSEQUENCES" by e-mail only, since all printed copies are gone. Guns? Welfare? Free trade? Government? Militias? Schools? Rich and Poor? Prisons? Law? 230 pages, and they're all covered. Request one at gold@gwe.net"