The US sets the price it pays for Canadian oil, a discount from the market price.

I don't know about timber, but the US maple syrup industry is healthy, just unable to keep up with demand. I think that's a consequence of geography and the time investment required to get mature trees, not Canada undercutting.

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yostrovs 11 hours ago | parent [-]

Canadians don't negotiate when selling their oil? US just sets the price? Amazing.

	▲	badc0ffee 8 hours ago \| parent [-]
		I don't really know how the discount is built into the price, but it's a result of the fact that only about 10% of the oil Canada produces can make it to a port to be sold to non-US buyers. https://en.wikipedia.org/wiki/Western_Canadian_Select