Therefore,
United states finally decides increase:
The United States Department of Commerce has announced its final decision. moreover, than to double compensatory rights on imports of Canadian softwood. Nevertheless, This decision, according to groups of companies in British Columbia, will prejudice communities on both sides of the border. However,
Posted at 8:16 p.m.
A press release from the US Department indicates that most Canadian companies drop from 6.74 % to 14.63 %, after having determined that Canadian softwood was unjustly subsidized. Consequently,
This increase is added to a recent increase in anti -dumping duties, which increased to 20.56 %, which bears the total level of rights over Canadian coniferous lumber to 35.19 %. Therefore,
The department indicates that it will now ask for the customs. border protection service of the United States to start to perceive the sums due.
Kurt Niquidet. president of the BC Lumber Trade Council (BCLTC), said in a press release that this decision exerts unnecessary pressure on Canadian regions dependent on forestry, while rampant construction costs for American manufacturers.
The Council claims that Canadian and American governments must resolve long -standing conflict on resinous woods an absolute economic priority.
“In the absence of a negotiated regulation. the BCLTC will continue united states finally decides increase to collaborate closely with the Government of Canada and its industry partners to defend Canadian interests by all the available legal means, including procedures under the United States-Mexico-Canada Agreement,” said the declaration.
The British Columbia Forest Industries Council has said that the provincial government must take measures. in particular by simplifying authorization processes, activating provincial timber sales and eliminating interdepartmental bottlenecks.
“With the right political tools. British Columbia can send a strong message: it is determined to create a climate conducive to investments by primary and secondary forestry products, thus guaranteeing a stable supply of wood products for British Columbia, Canada and beyond,” said President Kim Haakstad in a press release.
Prime Minister Mark Carney was in British Columbia this week. promising 700 million in loan guarantees for industry and 500 million united states finally decides increase in long-term support to help companies diversify their export markets and develop their products.
United states finally decides increase
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