Industry News News
Ottawa wants softwood duty exemptions

May 11, 2017 - Ottawa is trying to get itself exempted from softwood lumber taxes.

The Canadian Press reported that a letter was written from Ottawa to the secretary of the U.S. Department of Commerce asking for a number of exemptions following last month's announcement from Washington.

President Trump announced on April 24 that Canadian softwood producers would be hit with preliminary taxes of up to 24 per cent.

Aside from the four biggest Canadian companies that were investigated by the Department of Commerce, most producers are facing a 19.88 per cent duty on Canadian lumber exports. | READ MORE

May 11, 2017  By  Tamar Atik