The U.S. government will impose tariffs on Canadian softwood lumber following a Commerce Department determination that Canada subsidizes softwood lumber production.
“The Government of Canada disagrees strongly with the U.S. Department of Commerce’s decision to impose an unfair and punitive duty. The accusations are baseless and unfounded."
- Ensuring companies take full advantage of existing financing initiatives under the Business Development Bank of Canada and Export Development Canada, which offer a range of financial services to Canadian businesses on commercial terms. These initiatives are available to exporters of all sizes and can assist companies looking to make capital investments, expand market opportunities, and diversify with confidence into new markets.
- Promoting the use of Canadian wood right here at home. Budget 2017 provided $40M for increasing wood use in Canada, allowing Canada to continue its world leadership in tall wood building development, partnering with industry and the provinces to build on successes such as the 18-storey University of British Columbia’s Brock Commons residence building, the tallest wood building in the world.
- Actively working to help the forestry industry to access new markets. International Trade Minister François-Philippe Champagne is currently with a delegation of Canadian lumber representatives in China, promoting Canadian products. Minister Carr will travel to China in June with forestry leaders, to build on this momentum. Minister Jean-Yves Duclos is currently in the United Kingdom and Europe promoting Canadian wood.
- “Canada will continue to press their American counterparts to rescind this unfair and unwarranted trade action. We are committed to working with the U.S. Administration to achieve a durable solution.
- “Canada has put forward a number of reasonable proposals to the current U.S. administration that is responsive to views expressed by U.S. industry. These proposals ensure security of supply at fair prices to U.S. consumers and U.S. companies that rely on Canadian imports.
- “We remain confident that a negotiated settlement is not only possible but in the best interests of both countries.”