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U.S., Canada extend softwood lumber agreement

The United States and Canada today signed a two-year extension of the 2006 U.S.-Canada Softwood Lumber Agreement through October 12, 2015, U.S. Trade Representative Ron Kirk announced.

“The Softwood Lumber Agreement is very important for U.S. producers, particularly when both sides of the border are facing weak demand,” Kirk said in a news release.

“Trade agreements are about providing a predictable and fair environment for conducting international trade,” Kirk said. “The 2006 U.S.-Canada Softwood Lumber Agreement has provided just that for both producers and consumers.”