- THE MAGAZINE
Canada has won a dispute over the termination date of export charges applied to softwood lumber to the U.S. As a result of the ruling, Ontario and Quebec softwood lumber exporters will no longer be assessed export charges of 0.1 percent and 2.6 percent respectively. Export charges collected after October 12, 2013, will be refunded.
The export charges were the result of the U.S.-Canada Softwood Lumber Agreement. An agreement intended to limit softwood lumber exports from Canada to the U.S. to protect the U.S. lumber market at a time that demand was particularly low. The agreement is scheduled to remain in effect through October 12, 2015.