EXECUTIVE SUMMARYSoftwood Lumber Agreement • July 7th, 2021
Contract Type FiledJuly 7th, 2021The most recent Softwood Lumber Agreement (Lumber IV) between the U.S. and Canada – which placed an export tax on Canadian softwood lumber imported into the U.S. – expired on October 12, 2015. There was a one-year cooling off period where neither country was allowed to take administrative actions or engage in litigation regarding the dispute. The modern softwood lumber dispute between the two countries began in 1982 with the current dispute (Lumber V) starting once the last agreement expired in 2015.