Essay on Softwood Lumber Dispute - Canada vs USA

economic success and development. “Trade is absolutely essential in Canada’s economy

in order to maintain the lifestyle’s currently enjoyed by Canadians.”(Compton’s).

“Canada is also largely dependent on exports which is an international transaction in

which a foreign currency is converted into a domestic one in order to purchase a domestic

good.”(Compton’s). Canada’s biggest trading partner is USA, they both hold the biggest

trading relationship in the world, which generates more than $1 billion (US) a day in two-

way trade. One of Canada’s largest export to the United States is Softwood Lumber with

over 18.6 billion board feet of lumber shipped in 2001 alone. The problem though

through all this is that Canada has been taken advantage of by USA through this

Trade amongst Canada and the USA has become a common action to these two

countries. They became each other’s largest trading partners at the turn of the 20th

century. But with successful trade came many disputes that eventually hurt the trade

relation amongst these two countries. Today Canada and

common concern which is over the availability of affordable housing to meet demands

Canada hesitant in exporting them to the USA. “Upon the expiry of the Softwood

Some topics in this essay:
Softwood Lumber, Canada USA, USA Canada, Mike Crapo, Taxing Canadian, , Foreign Affairs, Lumber Agreement, Arbitration Panel, Robert Zoellick, softwood lumber, free trade, lumber exports, canada usa, lumber agreement, softwood lumber agreement, 27% tax, canadian softwood, softwood lumber exports, canada’s economy, trade amongst, lumber dispute, softwood lumber dispute, canada’s softwood lumber, lumber exports canada,