Canada formally initiates challenge of 'unfair' U.S. duties on softwood lumber cdnpoli
The Canadian government filed notice of the challenge today under the U.S.-Mexico-Canada trade agreement’s dispute resolution system.Sign up to receive daily headline news from the Calgary Herald, a division of Postmedia Network Inc.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc. You may unsubscribe any time by clicking on the unsubscribe link at the bottom of our emails. Postmedia Network Inc.
The U.S. cut its anti-dumping and countervailing duty rate in half earlier this month to 8.59 per cent from 17.61 per cent, but Ng signalled that Canada would still fight the measures. The crux of the U.S. argument is that the stumpage fees provinces charge for timber harvested from Crown land are akin to subsidies, since U.S. producers must instead pay market rates.This report by The Canadian Press was first published Aug. 29, 2022.
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