OTTAWA--Ottawa and Washington have begun talks toward renewing a pact regarding the export of Canadian lumber to U.S. markets, Canada's trade minister, Chrystia Freeland, told lawmakers here Thursday.
Ms. Freeland said Canadian negotiators were in Washington last week to meet with their U.S. counterparts about a new lumber-trade agreement. Canada and the U.S. first signed a deal in 2006, ending a multiyear dispute between the two countries over the sale of Canadian wood products in U.S. markets.
Washington is prohibited from levying new tariffs or duties against Canadian softwood lumber producers for 12 months after the agreement expires. Unless a new agreement is reached before October this year, Washington could begin imposing tariffs on Canadian wood products.