Softwood Lumber Partnership Agreement

The conifer wood industry is vital to the Canadian economy and employs thousands of people. The forestry industry has helped create direct jobs for about 232,700 people. [3] Indirectly, 289,000 people were recruited[3] to work in other areas that depend on Canada`s forests. These include engineering, transportation and construction. Such an advantage of this industry can be taken into account in the GDP of the country, which added $21.2 billion in 2014. [4] This represented about 1.3% of GDP by volume. [5] Canada has the largest trade surplus relative to forest products ($21.7 billion in 2015). [6] As the largest market, the United States is heavily dependent on Canadian timber. The needs of the United States outweigh the domestic supply. Canada is also growing rapidly in the Asian market, with China being the second largest importer. In 2015, the United States accounted for 69% of Canada`s conifer lumber exports.

This is an increased share of Canada`s conifer wood exports, which reached the lowest level in 2011, at only 54%. In the same year, China accounted for 21%. THE 2006 ALS remains in force for a period of seven years after coming into force and may be extended, with the agreement of the contracting parties, for a further two-year period. The national stakeholders, who submitted the letters in Schedule 18, which is attached to Schedule 18 on the reference date, do not file petitions and oppose the opening of an investigation under Title VII of the Customs Act of 1930, as amended, or sections 301 to 305 of the amended Trade Act of 1974, , with respect to imports of softwood products from Canada during the 12-month period following the expiration of ALS. 2006, under this paragraph. Moreover, the United States should not initiate such measures itself during this period. This paragraph does not apply to termination under another provision of ALS 2006, including Section XX. In March 2006, a NAFTA board ruled in Canada`s favour and found that funding for the Canadian wood industry was de minimis, i.e. a subsidy of less than one per cent. Under U.S.

trade law, no countervailing duties are instituted for de minimis subsidies. In July 2006, an interim agreement was reached in which Canada received $4 billion of the $5.3 billion it lost due to additional duty-free penalties. After the initial opposition of several major Canadian wood groups, the Harper government, without specifying the number of businesses it supported, was convinced that there would be enough support to culminate in the agreement. In August 2006, Prime Minister Stephen Harper launched the new agreement for discussion and a possible vote of confidence in Parliament. If the House of Commons had voted against the agreement, it would have automatically imposed a general election and cancelled the agreement. The Conservatives supported the agreement, while the New Democratic Party and the Liberal Party opposed it and left the Bloc Québécois as a decisive party. Prior to the adoption of ALS in 2006, the United States raised approximately $5.3 billion under anti-dumping and countervailing regulations on Canadian imports of conifer wood. Under ALS, the United States returned $4 billion to record importers. The remaining deposits were evenly distributed among the U.S.

timber industry, a binational conifer timber promotion body and three types of initiatives in the United States. These initiatives should (1) promote sustainable forestry practices; (2) support for wood-dependent communities; (3) Low-income housing and disaster relief22 Recipients of initiative funds include the U.S. State Endowment for Forests and Communities ($200 million); American Forest Foundation ($150 million); and Habitat for Humanity ($100 million). 42) “person”: a natural person, a company, a company, a company, a union or an association; On April 1, 2019, the U.S. Department of Commerce opened the first administrative review (AR1) of anti-dumping and offset duties