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Softwood Lumber quota for August 2013

Message to Customs Brokers regarding Softwood Quota Allocations

The Prevailing Monthly Price for August 2013 is US$ 326. As such, export measures will apply from August 1st to 31st and companies in Option B regions who qualify will be issued an export allocation corresponding to their share of the RQV. The export allocation is anticipated to be issued by July 24th, 2013, and will be reflected in the company’s EIPA account. Carry-forward carry-back provisions will be re-instated on the basis of calculations derived from December 2012 balances. In accordance with the 2006 Softwood Lumber Agreement, when the price drops below $US 355 following a no-volume restraint period, volume restraints will resume for the following month and remain in effect until further notice. For further information regarding exports of softwood lumber during a volume-restraint month, please refer to Sections 5.0 and 7.0 in Notice to Exporters Serial #187 (http://www.international.gc.ca/controls-controles/softwood-bois_oeuvre/notices-avis/187.aspx?lang=eng).

Topic(s)

Other Government Departments (OGDs) Requirements

Information source

Global Affairs Canada (GAC)
Disclaimer

The foregoing information is provided for informational purposes only and is not intended as, nor should it be considered, professional advice or a substitute for conducting your own thorough research and review. Before making any decisions or taking any action based on the information provided, you should conduct your own independent investigation and/or seek professional advice from a qualified expert in the relevant field. The CSCB disclaims all liability for actions taken or not taken based on the information provided.