4 ms·
It's interesting who owns a lot of the saw mills in Canada. https://www.lesprom.com/en/news/13_biggest_lumber_companies_increase_production_by_2_3_to_34_2_bill
by hourislate 5y ago
It's interesting who owns a lot of the saw mills in Canada.
https://www.lesprom.com/en/news/13_biggest_lumber_companies_increase_production_by_2_3_to_34_2_billion_board_feet_in_2017_82957/ https://www.lesprom.com/en/news/13_biggest_lumber_companies_...
*Four of the top ten largest firms are based in B.C. (West Fraser, Canfor, Interfor and Tolko), with the first three holding substantial sawmilling assets in the U.S.*
So it seems these Corps own assets on both sides of the border and it isn't clear how these tariffs help them. From what I understand (possibly wrong,) there has even been more consolidation in the Lumber Industry in the last couple of years and like 5 Companies own all the Sawmills on both sides of the border.
- ska 5y ago> So it seems these Corps own assets on both sides of the border and it isn't clear how these tariffs help them Maybe that's looking at it the wrong way; tariffs and trade battles are going to happen anyway, if I have operations on both sides of a border in a way I'm hedged against their impact.