Softwood Lumber Petition Filed with US Department of Commerce
December 5, 2016
On November 25, 2016, The US Lumber Coalition filed a petition for relief from Canadian subsidies on export of softwood lumber to the United States. The industry group alleges that Canadian governments provide access to loggers at a rate well below industry value. This gives the Canadian timber industry an unfair financial advantage allowing for the export of products at artificially low values.
From the article:
The decades old disagreement between the two trading partners had been addressed by the 2006 Softwood Lumber Agreement (SLA), which expired in October of 2015. After a one year “cooling off period” the US lumber industry has again taken up the torch and will proceed to address their claims of material injury to US lumber manufacturing. Should the Department of Commerce find merit to the claim, antidumping and countervailing duties (ADD/CVD) could be imposed as soon as early spring.
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On November 25, 2016, The US Lumber Coalition filed a petition for relief from Canadian subsidies on export of softwood lumber to the United States. The industry group alleges that Canadian governments provide access to loggers at a rate well below industry value. This gives the Canadian timber industry an unfair financial advantage allowing for the export of products at artificially low values. 