Resolute President and CEO Takes Strong Position in Support of Free Trade before Canadian House of Commons Committee
Resolute Forest Products Inc. President and Chief Executive Officer Richard Garneau appeared today in Ottawa, Canada, before the Canadian Parliament's Standing Committee on International Trade. Testifying in support of free, unencumbered access for softwood lumber exports from Central Canada (Quebec and Ontario) to the U.S. market, Mr. Garneau formally presented his perspective, drawing on over 40 years of experience and leadership in the forest products industry across Canada.
Resolute is Canada's largest forest products company and the largest producer of softwood lumber east of the Rockies. Mr. Garneau challenged the claims by some that the previous 2006 Softwood Lumber Agreement between the United States and Canada produced predictability and stability. In his formal comments, and in the question and answer period that followed, Mr. Garneau made the case that managed trade increased volatility, creating an unpredictable and unstable trade environment between the two large trading partners.