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Stock impact report

Softwood dispute spells trouble again for Canada as U.S. holds upper hand [Globe and Mail, The (Toronto, Canada)]

West Fraser Timber Co. Ltd Common stock (WFG) 
Log in or create a free account to listen to this article. Viewed through the lens of cross-border trade, a film scene underscores the persistence of the Canadian government wanting to dance with its protectionist southern neighbour. But the powerful U.S. government holds the upper hand in the bilateral trade dispute over softwood lumber. While the battle has featured complex and arcane legal arguments by both sides, a simpler explanation of the long-running fight comes from an unlikely source: Hollywood fiction. The essence is inadvertently captured in a scene from the racy 2019 romantic comedy Long Shot , which stars Canadian actor Seth Rogen, who is also the movie's co-producer. In the film, Charlize Theron plays U.S. Secretary of State Charlotte Field, and actor Alexander Skarsgard plays Canadian Prime Minister James Steward. Ms. Theron's American character views Mr. Skarsgard's Canadian character as predictable, and she mockingly delivers the punchline: “Let me guess Show less Read more
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