Valley REN reports on softwood lumber duties

Valley REN reports on softwood lumber duties

 


Valley REN Business Insight: May 2017

As Nova Scotia is caught up in a fresh trade dispute over exports of softwood lumber to the United States, how will the new situation affect forestry-based businesses in the Annapolis Valley?

In April, the United States Department of Commerce imposed preliminary countervailing duties on imports of softwood lumber from Canada.

The duties include varying company-specific rates and a blanket rate of 19.88% that applies to all other imports of Canadian softwood lumber, with fees collected retroactively for 90 days.

A decision on an exemption for Atlantic Canada has been deferred to the fall of 2017.

What are the possible effects on forestry-based businesses in the Annapolis Valley? The Valley REN provides some answers in our Business Insight May 2017.

Rachel Brighton, Communications Officer, brings to the Valley REN her skills as a journalist, editor, writer, publisher, researcher and public commentator. During her 25-year career in Canada and Australia, she has concentrated on business, public policy and rural economic development.

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