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Low loonie expected to bring out U.S. protectionist forces: forestry firm Tembec

2016-01-29 01:12:40| Agriculture - Topix.net

The boost Canadian lumber exports are getting from the falling loonie is certain to bring out protectionist forces in the U.S. lumber lobby, says the CEO of Quebec-based forestry company Tembec. "I think that they're watching the Canadian dollar drop, particularly in lumber, and they're saying, 'This isn't fair,'" CEO James Lopez said Thursday before a company meeting with shareholders.

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