By Cheryl Jahn

BC Lumber Trade Council mixed on DOC decision

Nov 24, 2020 | 4:00 PM

PRINCE GEORGE – “It’s a move in the right direction.”

That’s the reaction from the BC Lumber Trade Council to a U.S. Commerce Department review of the duties paid by Canadian softwood lumber producers shipping to the States.

Most mills in Canada have been paying duties of more than 20% for the past 18 months. The DOC review has adjusted those duties to 8.99%.

“With this decision today, what we will have is duty rates, on average, of 8.99%. That’s a significant drop. We think the drop should be to zero,” says Susan Yurkovich, CEO for the Council.

Canada Post
Apprehension and excitement for local Canada Post workers preparing to vote
5h ago
Prince George Cougars
Cougars wrap up a successful season
5h ago
Business Improvement Association
BIA BC report released
7h ago

Earlier this summer the World Trade Organization ruled U.S. Department of Commerce and U.S. International Trade Commission incorrectly benchmarked Canadian timber prices in their calculation of stumpage fees.

by Cheryl Jahn

What's Trending

Canada Post
Apprehension and excitement for local Canada Post workers preparing to vote
5h ago
Prince George Cougars
Cougars wrap up a successful season
5h ago
Business Improvement Association
BIA BC report released
7h ago
New triage works says Northern Health
7h ago
MVI
Two-vehicle MVI on Mud River Bridge
10h ago