Canada’s softwood lumber future tied to Trump’s agenda

Keith Head, a professor at UBC’s Sauder School of Business, spoke to the Globe and Mail about the implications of Donald Trump’s presidency on Canada’s softwood lumber industry.

Head said an early resolution to the trade deal would be the best solution.

“I’m not convinced he will be uniformly protectionist,” he said. “His approach is very much about blaming foreigners for what he perceives to be the problems in the U.S. – it’s about blaming the Chinese and the Mexicans, and in turn blaming the people who designed those trade agreements.”

Head also spoke to CKNW and iNews 880 on the economic implications of a Trump presidency.

Julien Picault, an economist at UBC’s Okanagan campus also spoke to Kelowna Now on the topic.

“We could see Canada gain a competitive edge in foreign markets,” he said “With a world that loves Trudeau and dislikes Trump, Canada could come across as the preferable trading partner.”