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A very important trade war is about to start now that the one-year standstill period for launching trade action under the 2006 Canadian-U.S. softwood lumber agreement has expired.
Moreover, this bilateral conflict is not likely to end any time soon. The conflict between the US and Canada over the export and harvesting of softwood lumber dates back to the late 1800s. The best that the two countries were able to do was to buy trade peace over lumber for stints of eight or 10 years,
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