Canada-U.s. Softwood Lumber Agreement

As of December 28, 2017, Customs and Border Services apply CVD and AD customs duties on all timber shipments from Canada. (7) “boarding foot” or “BF” means the volume of wood corresponding to a board one inch 12 inches wide and one foot long. In the calculation of board legs, nominal sizes are accepted; Modern, efficient and environmentally sustainable Canadian forest companies have the potential to serve domestic and global markets. In the United States, where demand for wood exceeds what domestic mills can provide, housing and other industries rely on Canada for stable and predictable access to quality products. The SLA expired on October 12, 2015. The U.S. government and industry have agreed not to conduct further countervailing or anti-dumping investigations on Canadian coniferous products for one year upon the expiry of the AAA. This one-year period expired on 12 October 2016. The coniferous industry is an important sector of the Canadian economy that supports thousands of jobs in communities across Canada and creates many positive spinoffs in related sectors and services.

Modern, efficient and environmentally sustainable Canadian forest companies have the potential to serve domestic and global markets. On April 24, 2017, U.S. Commerce Secretary Wilbur Ross said his authority would impose new countervailing tariffs of an average of 20 per cent on Canadian softwood imports, a step that escalates into a long-standing trade dispute between the two countries. A Commerce Department fact sheet on the pending announcement, which Reuters has seen, shows west Fraser Mills will pay the highest tariffs at 24.12 percent, followed by Canfor Corp at 20.26 percent.