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Strategies & Market Trends : Fascist Oligarchs Attack Cute Cuddly Canadians -- Ignore unavailable to you. Want to Upgrade?

To: Tommy Moore who wrote (446)	4/15/2002 2:26:56 AM
From: marcos	Respond to of 1293

It's all their way or not at all, 'yer with us or agin us' ... well given those choices, i'm agin 'em ... there are a lot of brighter more honest folk down there, one day maybe some of them will have a degree of power, and remember that Canada wasn't such a bad old ally after all .... meantime if there's a wall going up, it must function both ways, we cannot for long admit US goods free of tariff under the current situation ' MINNEAPOLIS (CP) - Stiff tariffs proposed by the Bush administration on lumber imported from Canada will cost jobs on both sides of the border, Canada's ambassador to the United States says. Michael Kergin told a gathering in Minneapolis on Wednesday that Canadian lumber prices are lower because Canada has lots of trees and efficient, automated sawmills to cut the wood. The United States, on the other hand, is a country crowded with people, but which has comparatively fewer trees, said Kergin, who's touring America as part of an effort to have the tariffs rescinded. U.S. officials have accused Canadian lumber mills of selling in the United States at less than the cost of production. But Kergin said Canada can produce lumber at lower cost because of its plentiful lumber supply and efficient sawmills. U.S. lumber mills in the Southeast, which have lobbied for trade sanctions against Canada, are too small to win the kind of long-term contracts from timber companies that Canadians enjoy, Kergin said. The U.S. Commerce Department has set two duties totalling 29 per cent for most Canadian lumber producers - a 19.3 per cent duty to punish Canada for subsidies and a second tariff averaging 9.7 per cent for dumping. The duties affect softwood lumber, which is commonly used in home construction. The United States imported about $10 billion Cdn worth from Canada in 2001, about a third of the U.S. supply. U.S. home builders have estimated the "antidumping" penalties will add an average of $1,500 to the price of a new home. Canada is appealing to the World Trade Organization and under the North American Free Trade Agreement to stop the tariffs before they're implemented in May. The White House is making a mistake "by adding this tax, which is what we consider it to be, for a fairly narrow group of producers," Kergin said. Kergin noted that some of the largest wood producers in the United States, once champions of higher lumber tariffs, have switched sides because U.S. multinational wood producers have merged with Canadian mills. "As U.S. industry invests in Canadian operations, we're partners in competing globally," Kergin said. Canada has blamed U.S. producers for derailing talks aimed at reaching a solution to the longrunning dispute over softwood exports. As many as 20,000 jobs have already been lost in Canada. British Columbia has been particularly hard hit, with many sawmills closing in anticipation of the boost in tariffs. The federal government reportedly has tentatively settled on the broad framework of an aid package for those hurt by the dispute. But the package will probably not contain major new funding, sources reported Thursday. The package will likely be finalized by the end of this month or in early May, and is focused on redirecting and reorganizing existing funds, several well-placed federal sources told the newspaper. ' ca.news.yahoo.com