The U.S. and Canada have agreed to a two-year extension of a 2006 trade pact that governs pricing and export volumes for softwood lumber, a key material in housing construction.
The extension, which top trade officials from the two countries signed in Washington, D.C., on Jan. 23, carries the lumber agreement through Oct. 12, 2015, but does not otherwise change the 2006 pact.
After dramatic personal loss, policy makers and construction experts weigh the longer-term implications of the hurricane damage in Houston, Florida and the Caribbean. Can resiliency be accelerated?
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