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Hundreds launching lanaudière sawmill due new: Furthermore. However,
Hundreds launching lanaudière sawmill due:
A Lanaudière sawmill announced hundreds of temporary launching. Furthermore, in particular due to the uncertainty caused by the American tariff war which it describes as unbearable.
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“We are not able to anticipate costs. Furthermore, We have a headwind that is major. Meanwhile. I better have a pause of two or three months, because we have to control what we can control, ”explains Journal Jean-François Champoux, CEO of the St-Michel sawmill, established in Saint-Michel-des-Saints.
His business announced on Friday the suspension of all its operations until October 13. Meanwhile, This decision will affect its sawing factory and forest operations on Monday and, from August 18, hundreds launching lanaudière sawmill due new its planing plant.
More than 250 people, the vast hundreds launching lanaudière sawmill due majority of company employees, will find themselves unemployed. According to Mr. Champoux, it is a blow for the economy of the whole municipality which has only 2,500 inhabitants.
Uncorily customers
The CEO said he was hit hard by the American customs duties on Canadian wood wood that. President Donald Trump increased from 7.6% to 20.56%.
And this. especially since the general context and the tariff war and the uncertainty it creates slows sales in the United States.
“The confidence of the Americans is not at its best. Our customers like Home Depot [ou] Canac. if you want to sell them wood. they don’t know if there will be a tax tomorrow morning, they don’t want to pay the tax, ”said Champoux.
Finally, tensions with First Nations also contributed to this announcement of the sawmill. The community hundreds launching lanaudière sawmill due new of Manawan claims ancestral rights in various territories “for three years”. which slows hundreds launching lanaudière sawmill due down the award by the government of the sectors where the forest industry can operate. adds Mr. Champoux.
“We have sectors with drops and we are never able to predict anything,” says Mr. Champoux who hopes that the Project for the Forest Regime of the Provincial Government will allow a lasting agreement. with the First Nations.
Hundreds launching lanaudière sawmill due new
Hundreds launching lanaudière sawmill due
Further reading: UBS: profit doubled in the 2nd quarter – Health and nutrition do the business of DSM-Firmenich – “Europe must without delay customs tariffs on digital giants” – American justice is looking at Trump’s customs duties – G20: The independence of central banks is “crucial”.
Further reading: Unheard of for four years: why is the price of fuels so low – Customs duties: Trump announces 25% on Indian products from August 1 – Hotel, catering … What are the sectors concerned? – Consumption: Bern puts pressure on retailers – BNS undergoes a loss of 15.3 billion in the first half.