HomeBusinessCanada to problem U.S. softwood lumber duties By Reuters

Canada to problem U.S. softwood lumber duties By Reuters

© Reuters. FILE PHOTO: Completed lumber is seen at West Fraser Pacific Inland Assets sawmill in Smithers, British Columbia, Canada February 4, 2020. REUTERS/Jesse Winter/File Photograph

OTTAWA (Reuters) – Canada will problem what Ottawa described as “unfair, unjust and unlawful” U.S. duties on Canadian softwood lumber merchandise, the commerce ministry stated on Tuesday.

The softwood lumber tariffs are the legacy of a decades-long commerce dispute over the construction of Canada’s timber sector that might not be resolved when a quota settlement expired in 2015.

U.S. producers say the Canadian exports are unfairly backed and in July, the nation’s commerce division dominated that almost all Canadian softwood lumber can be topic to a 7.99% tax.

Canada on Monday filed notices of intent to begin judicial overview relating to these duties, the commerce ministry stated in an announcement, including that Ottawa remained keen to debate a negotiated end result with Washington.

“For years, the US has imposed unfair, unjust and unlawful duties on Canadian softwood lumber, hurting Canadian trade and growing housing prices in each international locations,” Commerce Minister Mary Ng stated within the assertion.

“Canada is taking the mandatory steps to actively defend the pursuits of our softwood lumber trade and the employees and communities that depend on it.”

America has stated that Canadian timber harvested from federal and provincial lands with low government-set stumpage charges constitutes an unfair subsidy, whereas most U.S. timber is harvested from non-public land at market charges.

The U.S. Commerce Division didn’t instantly reply to a request for remark.

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