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Bowater receives softwood refund

Bowater has a total of $103.9 million back in its coffers. The company recently received 82% of its softwood lumber…

Bowater has a total of $103.9 million back in its coffers. The company recently received 82% of its softwood lumber duty refund.

The funds were received from Export Development Corporation, which purchased the company’s rights associated with the refund of the duties. The amount represents the bulk of the amount the company will receive under terms of the agreement.