U.S. to double softwood lumber duties

American softwood lumber duties, which have already cost Canadian companies $10 billion, are going to double, following a ruling today by the U.S. Department of Commerce.

The U.S. Department of Commerce announced that anti-dumping and countervailing duties on Canadian softwood lumber products will rise from 7.99 per cent to 14.54 per cent.

“Enough is enough,” Andy Rielly, chairman of the Independent Wood Processors Association (IWPA) of BC, said in a press release.

“This dispute has gone on long enough: We call upon the Canadian government to find a negotiated solution and protect Canada’s small- and medium-sized family-owned businesses who are collateral damage in this dispute.”

“I am immensely disappointed

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