The Aporia · B.C. plywood manufacturer says it cannot absorb 50% tariff cost as deadline looms

B.C. plywood manufacturer says it cannot absorb 50% tariff cost as deadline looms

Read the original at Global News ↗

Cite

APA MLA Chicago

O’Hara-Byrne, B. (2026, August 18). B.C. plywood manufacturer says it cannot absorb 50% tariff cost as deadline looms. Global News. https://globalnews.ca/news/12024818/bc-plywood-manufacturer-cannot-absorb-50-tariff-cost-deadline-looms/

Dated when The Aporia collected the article, usually within hours of publication. Check the original for its exact date and byline.

Quick Summary

Canada-U.S. Trade Minister Dominic LeBlanc met with US officials to discuss a new trade deal before 50-per-cent tariffs take effect on Wednesday, impacting $28 billion worth of Canadian exports. Bhavjit Thandi, CFO of Richmond Plywood, stated that his company cannot absorb the costs of the tariff, which will affect 20% of their sales. Prime Minister Mark Carney expects to speak with US President Donald Trump before the deadline, but details on the talks are scarce. Economist Brian Yu estimates that BC will feel about 13% of the pain from these tariffs due to its share of exports affected.

Written locally by qwen2.5:14b on 2026-08-18, using this article's own text rather than the other coverage of the same event (that is the story summary below).

AI analysis runs on qwen2.5:14b, locally

Story summary

*Canadian and U.S. officials are meeting to negotiate a new trade deal before a 50% tariff takes effect on Wednesday*. The tariffs will impact $28 billion worth of Canadian exports, including 20% of sales at Richmond Plywood, a manufacturer in *Richmond, B.C.*. Bhavjit Thandi, the company's CFO, said they cannot absorb the cost of the tariffs and that their customers are unlikely to pay more for their products. Prime Minister *Mark Carney* expects to speak with U.S. President *Donald Trump* before the deadline, but details on the negotiations are limited. Richmond Plywood produces a significant amount of high-end product, which will be disproportionately affected by the tariffs.

Written for “Canadian Lumber Tariffs” on 2026-10-16, grounded in this article and the 0 other(s) covering the same event.

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How this article was measured signals, leaning charts, publisher record, byline, topics and claims

Signals How these are calculated →

Claims extracted

sentences that state something as happening or true

Uncertain

0 of 13 hedged ("reportedly", "may", "according to")

Leaning

Leans left

of the writing, not the subject · beta estimate

Publisher signals

64/100

Global News's corrections and hedging, across everything collected from it. Not a measure of accuracy.

Outlets on this story

Economy/Business

Same framing elsewhere

articles that frame the event the way this one does

Analyzed 2026-08-18 · how these are computed

How this is being covered How these are calculated →

Article leaning vs. publisher reliability

Source leaning vs. consistency

Publisher

Global News · 1819 article(s) · 9 correction(s) detected

Running correction rate · 9 correction(s)

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Who wrote this

Ben O’Hara-Byrne

2 article(s) here · 1 carrying a prediction

🔮 If elected, the BC Conservatives said they would hire up to 1,000 new police officers, crown prosecutors and trial judges, end safe supply, amend and enforce the Mental Health Act and improve access to mental health care.

2026-10-07 · assertive framing · BC Conservatives plan to tackle street disorder while BC NDP targets health care

🔮 The duties will impact roughly $28 billion worth of Canadian exports, including 20 per cent of sales at Richmond Plywood, where they produce a lot of high-end product.

2026-08-18 · assertive framing · B.C. plywood manufacturer says it cannot absorb 50% tariff cost as deadline looms

Also by Ben O’Hara-Byrne

BC Conservatives plan to tackle street disorder while BC NDP targets health care

2026-10-07 · Global News

Nothing else under this byline is closely related to this article, so these are simply their most recent.

Topics

B.C. Canadian Richmond Richmond Plywood U.S.

Subjects

U.S. GPE · 7× B.C. GPE · 3× Canadian NORP · 2× Richmond Plywood ORG · 2× Bhavjit Thandi PERSON · 1× Canada GPE · 1× Dominic LeBlanc PERSON · 1× Howard Lutnick PERSON · 1× Jamieson Greer PERSON · 1× Richmond GPE · 1×

Narrative

“Our estimate is that B.C. has about 13 per cent in terms of the U.S. share of those exports that take a hit and this is a little bit higher than Ontario and Quebec,” Brian Yu, associate vice president and chief economist with Central 1 Credit Union, said.

framing: assertive · carried by 1 article(s) · first seen 2026-08-18

🔮 The duties will impact roughly $28 billion worth of Canadian exports, including 20 per cent of sales at Richmond Plywood, where they produce a lot of high-end product.

2026-08-18 · Global News

B.C. plywood manufacturer says it cannot absorb 50% tariff cost as deadline looms · assertive framing

Claims (13 extracted, 0 hedged)

A Richmond plywood manufacturer is concerned about what Wednesday is going to bring for his business. asserted

Wednesday → go → business

Canada-U.S. Trade Minister Dominic LeBlanc met with U.S. Trade Representative Jamieson Greer and U.S. Commerce Secretary Howard Lutnick as officials race against the clock to secure a new trade deal before new 50-per-cent tariffs take effect Wednesday. asserted

tariffs → meet → effect

The duties will impact roughly $28 billion worth of Canadian exports, including 20 per cent of sales at Richmond Plywood, where they produce a lot of high-end product. asserted

they → impact → product

“A 50 per cent tariff is not a margin we can absorb, nor is it something U.S. customers will be willing to pay,” Bhavjit Thandi, CFO of Richmond Plywood, said. asserted

Thandi → absorb → Plywood

Prime Minister Mark Carney was in Newfoundland on Monday and says he expects to speak with U.S. President Donald Trump before Wednesday’s deadline He wasn’t saying much else. asserted

He → say → much

Get breaking National news “We’ll have opportunities over the next 48 hours to discuss that in more detail as the negotiations go forward; I think that’s the best forum,” he said. asserted

he → get → detail

David Eby’s government wasn’t commenting on the trade talks Monday. asserted

government → comment → talks

They don’t have much of a line of sight into what’s going on in Washington, but if those new tariffs are imposed, B.C. will feel the pain. asserted

B.C. → have → pain

Yu → have → Union

So far, the premier is reluctant to make any concessions such as returning U.S. alcohol to B.C. shelves without tariff relief for key industries such as forestry. asserted

premier → make → forestry

But sources told Global News the Americans have not been interested in discussing softwood lumber. asserted

Americans → tell → lumber

“The softwood lumber sector is bigger than auto parts and steel combined in terms of the Canadian economy and it needs to be front and centre at the table,” Eby said on Friday. asserted

Eby → combine → Friday

Despite the impasse, there’s hope the new 50-per-cent U.S. tariffs will be delayed or scrapped, but for businesses watching as the deadline nears, negotiators are cutting it awfully close for comfort. asserted

negotiators → ’ → comfort