New Brunswick left out of softwood lumber exemption
Lumber producers in New Brunswick have been left out of an exemption in the tariff dispute with the U.S. and a second wave of duties will hit the industry as well.
U.S. Commerce Secretary Wilbur Ross said Nova Scotia, P.E.I. and Newfoundland and Labrador wouldn't face the new softwood duties as requested by the American industry and Canadian officials.
That leaves New Brunswick out, and Jerome Pelletier, chair of the New Brunswick Lumber Producers, says the anti-dumping duty will put "significant pressure" on producers in the province.
Natural Resources Minister Jim Carr and Foreign Affairs Minister Chrystia Freeland say they're "deeply disappointed" with the U.S. decision to impose what they call "unfair and punitive anti-dumping duties."
They say Canada will "vigorously defend" the forest industry through litigation.
Canada's softwood lumber industry now faces average duties of about 27 per cent after the U.S. Department of Commerce slapped it with an additional 6.87 per cent in anti-dumping tariffs.
The new duty will overlap with average duties of close to 20% announced in April that are set to expire August 27th, then final combined duties will be applied around the end of the year when all determinations have been made.