Canadian lumber producers get reprieve with end of 20% of preliminary duties

August 30, 2017

Final U.S. decision on duties on Canadian softwood lumber postponed until no later than Nov. 14

Canadian softwood lumber producers are getting a temporary reprieve as a large portion of preliminary duties in place for four months have ended pending a final decision.

Most lumber companies will pay 6.87 per cent in anti-dumping tariffs after a 19.88 rate for countervailing duties formally ended as of Saturday.

Five producers singled out have paid duties between 9.89 and 30.88 per cent. All others paid 26.75 per cent.

This was excerpted from the 29 August 2017 edition of CBC News.

Canadian News Channel
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