Top Canadian Official Tells NAHB Canada Seeks New Lumber Trade Deal
Mary Ng, Canada’s top trade official, expressed a strong willingness and desire to engage in negotiations with the United States on a new softwood lumber trade agreement during a video conference meeting yesterday with NAHB CEO Jerry Howard and senior staff.
The Canadian trade minister met with her U.S. counterpart, U.S. Trade Representative Katherine Tai, on July 6 and raised the issue of U.S. tariffs on Canadian softwood lumber and the importance of keeping interconnected supply chains open.
The United States is currently imposing 9% tariffs on Canadian lumber shipments into the country and a preliminary decision by the U.S. Commerce Department could result in the tariffs doubling to 18.32% by this fall. NAHB has been urging the Biden administration to move quickly to resume trade talks and has always opposed tariffs on Canadian lumber that exacerbate price volatility and raise housing costs.
Howard testified before Congress on July 14 and said: “Regarding the current lumber crisis, the U.S. must immediately engage with Canada to adopt a new softwood lumber agreement and stop the imposition of harmful tariffs on Canadian lumber.”
NAHB’s meeting with Minister Ng was a positive step forward and we will continue to urge the administration to return to the negotiating table with Canada and hammer out a new softwood lumber trade agreement that will end tariffs and help restore price stability to the lumber market.
Latest from NAHBNow
Apr 03, 2026
NAHB’s Monthly Update Features a Codes Victory and Economic SnapshotThe talking points this month feature news related to federal energy code mandates and the current economic conditions for the housing industry.
Apr 02, 2026
Call Before You Dig: 6 Key Steps to Prevent Utility Strikes on the JobsiteApril’s National Safe Digging Month is a timely reminder for builders, contractors and trade partners to prioritize one of the most critical and often overlooked jobsite safety practices: preventing utility strikes.
Latest Economic News
Apr 03, 2026
Job Growth Rebounds in MarchThe U.S. labor market showed signs of a modest rebound in March following a weak February, as payroll employment increased and the unemployment rate edged down to 4.3%. Job growth was led by healthcare, construction, and transportation and warehousing.
Apr 02, 2026
Iran Conflict Reverses Decline in Mortgage RatesMortgage rates, which dipped below 6% in February, climbed back up to end the month just under 6.4%. According to Freddie Mac, the 30-year fixed-rate mortgage averaged 6.18% in March, 13 points (bps) higher than February. The average 15-year rate also increased by the same amount to 5.56%. Despite the recent increase, both rates remain lower than a year ago by 47 bps and 27 bps, respectively.
Apr 01, 2026
Consumer Confidence Climbs Despite Oil Price SurgeConsumer confidence in March rose to a three-month high as consumers’ improved view of current business and labor market conditions outweighed weaker future expectations.