They'll Pay Us Back.

There is a good article in today's Portland Press Herald about an issue that has been continuing for some time.

Unfair Canadian Paper Subsidies.Tarriffs On Canadian Paper. Too Little Too Late. Jobs Gone.It wont work anyways.

The paper industry in Maine, New Hampshire and Vermont has been decimated if not destroyed by geopolitical issues like the fact that the Canadian Government subsidizes it's paper industry to the point where it's operating cost(s) can be up to 25% lower than it's privately held counterparts in the United States.

But, unfortuately, this isn't going to help the sinking paper mills in the United States. From the article:

"Canadian government subsidies to the country’s paper industry have long been a point of contention between the U.S. and Canada. The U.S. has been particularly critical of the deal the Canadian government put together in 2012 to restart a former NewPage paper mill in Port Hawkesbury, Nova Scotia, a direct competitor of the Madison mill."

The United States will enact and/or assess tarrfifs on Canadian paper entry into the United States.

First, I believe this is a direct violation of NAFTA and the WTO. And even if they are enacted and/or assessed the Canadians will likely respond by enacting a tarriff for all Canadian Lumber that is destined for the United States.

They'll pay us back.