The Canadian federal government will defend Canada's softwood lumber industry in the softwood lumber trade and after the US International Trade Commission unanimously voted that the US producers have been affected by imports of subsidized Canadian lumber. The US Commerce Department last month lowered preliminary duties. Most Canadian producers will pay a combined countervailing and anti-dumping rate of 20.83 per cent, down from 26.75 per cent in the preliminary determinations issued earlier this year, according to the Financial Post. The ruling virtually ensures that hefty duties on imports ...
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