A North American Free Trade Agreement panel has upheld the latest U.S. lumber industry trade complaint against Canadian softwood lumber, but there are other rounds ahead, a B.C. forest industry leader says.
In a May 22 ruling, the NAFTA panel reviewed the U.S. International Trade Commission91Ƶs determination of 91Ƶinjury91Ƶ to U.S. lumber trade from Canadian lumber, in the latest of a decades-long series of trade and legal actions brought by U.S. forest industry representatives.
B.C. Council of Forest Industries president Susan Yurkovich, who also leads the B.C. Lumber Trade Council, said the 91Ƶunsupportable decision91Ƶ doesn91Ƶt change Canada91Ƶs position.
91ƵEven with today91Ƶs decision affirming the USITC remand determination on injury, the Canadian parties still have pending World Trade Organization and NAFTA challenges to the Department of Commerce91Ƶs underlying countervailing duty and anti-dumping duty determinations that have yet to be resolved,91Ƶ Yurkovich said in a statement.
91ƵWe are confident that those proceedings will yield favourable results as they have done in the past, and the duties ultimately will be ruled to be unwarranted.91Ƶ
RELATED: U.S. softwood lumber dispute 91ƵGroundhog Day91Ƶ for B.C.
In a preliminary finding in February, the U.S. Commerce Department determined that the current countervailing and anti-dumping penalties should be reduced by half, but that isn91Ƶt expected to be final until late this summer.
B.C. is the largest Canadian exporter of softwood lumber to the U.S., accounting for half of Canada91Ƶs sales when market conditions are normal.
tfletcher@blackpress.ca
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