In a final decision, the Commerce department will lower duties but still maintain them. The new combined rate for the duties is 8.6 per cent, down from preliminary rates of 18 per cent.
Katrine Conroy, minister of forests; Ravi Kahlon, minister of jobs, economic recovery and innovation; and George Chow, minister of state for trade issued the following joint statement responding to the decision.
“We continue to be frustrated after’s today’s announcement by the United States Department of Commerce that the U.S. will continue to apply unjustified duties on B.C. and Canadian softwood lumber exports to the U.S.,” the ministers said. “At a time when we need to work together in the face of rising costs related to global inflation, these tariffs are making housing and lumber more expensive on both sides of the border.”