The United States and Canada have jointly announced that they have agreed to temporally close their shared borders to nonessential travel due to the COVID-19 pandemic. The restrictions on the Canadian border will not affect the flow of trade between the countries. As both nations are eager to maintain their vital economic relationship. Canada relies on the U.S. for 75% of its exports and about 18% of American exports go to Canada. However, travelers will no longer be able or permitted to cross the border for recreational or tourism.
FEA compiles the Wood Markets News from various 3rd party sources to provide readers with the latest news impacting forest product markets. Opinions or views expressed in these articles do not necessarily represent those of FEA.
US and Canada border closing temporarily to nonessential travel — trade in cargo will continue