Softwood Lumber Tribunal Ruling

Submitted by admin on Mon, 04/14/2014 - 17:51

The Honourable Ed Fast, Minister of International Trade, issued the following statement [on March 26]:

“Today, the London Court of International Arbitration has ruled in favour of Canada on a dispute over the termination date of export charges related to a 2011 ruling under the Softwood Lumber Agreement between Canada and the United States...

“As a result of this ruling, the Government of Canada will cease to collect export charges from Ontario and Quebec softwood lumber exporters that were implemented as a result of a 2011 award. The federal government will also refund charges collected from the Ontario and Quebec industries subsequent to the termination of the award on October 12, 2013..."

For the full text of the ruling, please visit London Court of International Arbitration Determination on Softwood Lumber.

This has been excerpted from the 26 March 2014 news release by Foreign Affairs, Trade and Development Canada and is available at http://www.international.gc.ca/media/comm/news-communiques/2014/03/26a.aspx?lang=eng.