Rubber and Wood | 2025-09-24 12:08:24
The strategic move is aimed at maximising long-term interests and prospects for a negotiated resolution with the U.S., the statement said.

SEATTLE (Scrap Monster): Long-standing challenges of U.S. anti-dumping reviews on softwood lumber were withdrawn by Canada. These reviews are from the past ten years.
Why did Ottawa decide not to pursue the appeals?
In a media statement issued yesterday, Global Affairs Canada spokeswoman Dina Destin noted that the decision to drop the appeals was made after thorough consultations with industry stakeholders, major partners and provincial government authorities. The strategic move is aimed at maximising long-term interests and prospects for a negotiated resolution with the U.S., the statement said.
Has the priorities changed? Not Really!
The Canadian officials stated that resolving sector-specific tariffs imposed by U.S. President Donald Trump should take precedence over seeking a more comprehensive trade and security pact with the United States. It should be mentioned that Canada is still pursuing six appeals related to the U.S. administration's increased tariffs on Canadian lumber imports. Ottawa's argument that U.S. anti-dumping tariffs on softwood lumber are unjust was restated by the authorities.
Federal aid package comes to rescue of the industry
Prime Minister Mark Carney recently announced a C$1.2 billion softwood lumber aid plan, which includes $500 million in grants and contributions and $700 million in loan guarantees, to boost the local industry. The funds are intended to increase domestic consumption and assist businesses in expanding into markets outside of the United States.
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