By: The Working Forest Staff
BC Lumber Trade Council President Susan Yurkovich voiced her displeasure with the U.S. Department of Commerce’s (DOC) final decision on countervailing and antidumping rates on Canadian softwood lumber.
The new combined rate will be 17.9%, which is double the current combined mark of 8.99%.
“While not unexpected, we are disappointed with the doubling of the duties on softwood lumber for Canadian producers. As we have repeatedly stated, these unfair duties hurt not only B.C. businesses and workers but also U.S. consumers looking to repair, remodel and build new homes. As U.S. producers remain unable to meet domestic demand, these duties are a threat to post-pandemic recovery on both sides of the border,” said Yurkovich. “Our strong hope is that the U.S. industry will end this decades-long litigation and instead work with us to meet the demand for the low-carbon wood products the world wants, including American families. Until then, we will continue to vigorously defend our industry against these meritless allegations.”
Today’s (Wednesday) decision is the outcome of the DOC’s second Administrative Review of its investigation into softwood lumber products from Canada.
Once published, B.C. producers will be subject to these new rates. The mark largely reflects the preliminary rate of 18.32%, initially issued in May.
B.C. is the largest Canadian exporter of softwood lumber to the U.S.