Financial Reports
The federal government has taken a trade complaint about the U.S. tariffs on imports of Canadian supercalendered paper to the World Trade Organization.The Honourable Chrystia Freeland, Minister of International Trade, announced that Canada has filed a request for consultations with the World Trade Organization to challenge U.S. countervailing duties on supercalendered paper imported from Canada.Consultations are the first step in the WTO dispute settlement mechanism.
A ruling by the U.S. International Trade Commission that the U.S. paper industry is materially injured by imports of supercalendered paper from Canada will result in a countervailing duty of up to 20 per cent on these products.
The U.S. Department of Commerce has made its final determination in the countervailing duty (CVD) investigation of imports of supercalendered paper from Canada, and the duties are even higher for some mills than the interim rates.
With the expiration of the 2006 Softwood Lumber Agreement between Canada and the U.S. on Oct. 12, lumber trade between the two nations is now governed by a “standstill provision” that precludes the U.S. from bringing trade action against Canadian softwood lumber producers for 12 months.
After 9 years of the truce imposed by the Softwood Lumber Agreement, what’s next for trade in lumber between the U.S. and Canada?
British Columbia's Minister of Forests, Lands and Natural Resources Operations, Steve Thomson, expects the Canada-United States Softwood Lumber Agreement (SLA) will expire next month and enter a one-year standstill period.
Imports of some uncoated freesheet and groundwood paper grades from China, Indonesia, Brazil, Australia and Portugal to the U.S. will now face a duty of up to 193 per cent. The U.S. Department of Commerce imposed preliminary anti-dumping duties on Aug. 20, following its investigation and an investigation by the U.S. International Trade Commission, which concluded that the U.S. industry had been materially injured by sales of these paper products for less than their fair value.
Canadian supercalendered paper sold in the U.S. is now subject to a duties up to 20%, following a preliminary determination by the U.S. Department of Commerce. The investigation concluded that Canadian producers and exporters have received countervailable subsidies.
The U.S. Department of Commerce will continue to conduct an investigation on imports of supercalendered paper from Canada, following a decision by the United States International Trade Commission (USITC) on April 10. The USITC has decided that...
The U.S. Department of Commerce has initiated a countervailing duty (CVD) investigation of imports of supercalendered paper from Canada, at the request of The Coalition for Fair Paper Imports, an ad hoc association of two U.S. manufacturers of...
The trade dispute with China over the country’s imposition of import duties on dissolving pulp moved ahead another step in early February, as the federal government requested a panel at the World Trade Organization (WTO) to resolve the...
UPM’s supercalendered paper mill in Madison, Maine, is taking a temporary shutdown for several weeks, citing international competition, energy costs and market conditions, reports the Bangor Daily News.
The Canadian government has filed a claim with the World Trade Organization regarding the imposition of duties by China against Canadian producers of dissolving pulp (viscose staple fibre grade pulp).
China's Ministry of Commerce (MOFCOM) has made a final determination in its anti-dumping investigation concerning viscose-grade dissolving pulp produced in Canada, the U.S. and Brazil.
Domtar Corp. of Montreal has announced a US$20/tonne increase for North America for its bleached softwood kraft pulp (BSKP) grades, according to buyer information. This would put Domtar’s prices at $1,030/tonne for northern bleached...
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