Problematic issues of Canadian softwood lumber imports

Recently U.S. Department of Commerce has released a statement, which said that all the efforts to reach the agreement with Canada failed.

Canada says that the decision about the countervailing and anti-dumping duties on lumber were unfair and deeply-troubling.

The funding, that are going to be dispersed in a 3-year period, includes 605 million dollars in expanded financial products and services, including loans and loan guarantees.

Applications for those funds to make capital investments can be submitted by forestry companies.

The lumber producers of softwood in Canada face from 3,2% to 24,12% in American countervailing duties, that were made to make the domestic producers and government-subsidized foreign producers equal.

Information provided according to http://www.bbc.com