[Congressional Record Volume 142, Number 14 (Thursday, February 1, 1996)]
[House]
[Page H1145]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
AMERICA'S LUMBER MARKET IS DYING
(Mr. TRAFICANT asked and was given permission to address the House
for 1 minute and to revise and extend his remarks.)
Mr. TRAFICANT. Mr. Speaker, in very simple language, America's lumber
market is getting killed. I think we understand that word. Canadian
lumber is everywhere.
Now, check this out: Canadian provinces own the timber, so they sell
the timber to the Canadian mills below market cost. Then the Canadian
mills sell the timber in America below market value. As a result,
Canada now owns 40 percent of America's lumber market.
America has lost 35,000 jobs and experts say, listen to this, America
will continue to lose jobs in this industry. No kidding, Sherlock.
With a policy like this, how can American timber mills end up
competing with Canadian timber that is subsidized and being sold in
America, dumped in America? Beam me up. This is another fine NAFTA
ploy.
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