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U.S. reduces timber stumpage claim

The U.S. claim against Canada for alleged subsidies on British Columbia's timber stumpage rates has been reduced by nearly $200 million, an industry observer says. Madison's Lumber reporter publisher Keta Kosman said Friday the U.S.

The U.S. claim against Canada for alleged subsidies on British Columbia's timber stumpage rates has been reduced by nearly $200 million, an industry observer says.

Madison's Lumber reporter publisher Keta Kosman said Friday the U.S. Trade Representative's Office has reduced its claim to $303.6 million from $499 million U.S. - a near 40-per-cent reduction in the penalty the U.S. has been seeking.

See the full story in tomorrow's print and online editions.