Dec 3, 2024, 1:46 AM
Dec 1, 2024, 6:20 PM

Legault warns Trump’s tariff could devastate Quebec’s forestry sector

Highlights
  • François Legault, the Premier of Quebec, has raised alarms about the potential effects of Donald Trump's proposed tariff on the province's forestry industry.
  • The industry is under significant pressure due to high interest rates and existing duties on softwood lumber, relating to more than 50,000 jobs in Quebec.
  • Legault calls for a detailed governmental response to protect the forestry sector from the devastation the tariff could bring.
Story

In recent weeks, concerns have escalated about the impact of a proposed tariff by Donald Trump on Canada's forestry industry, specifically in Quebec. The Premier of Quebec, François Legault, publicly expressed his worries via social media, highlighting the challenges already faced by the sector, including high interest rates and existing duties on softwood lumber. These factors have been straining the industry, which is vital to the local economy and accounts for over 50,000 jobs. Legault's commentary aligns with the sentiments shared by British Columbia’s Premier David Eby, who referred to Trump’s intended 25 percent tariff as potentially 'devastating' for their forestry sector as well. The proposed tariff is part of an ongoing trade dispute and would be imposed unless Canada and Mexico agree to reinforce border security against illegal crossings and drug trafficking. This situation compounds the existing duties that the U.S. imposed on softwood lumber imports from Canada last August, raising them to 14.5 percent. Many communities in Quebec could face significant economic challenges if these tariffs are realized, which stresses the need for a detailed plan from the Canadian government to mitigate these potential damages. Legault urged Ottawa to take action to protect the forestry workforce and ensure economic stability in the face of Trump's threats.

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