NAFTA Panel Sides With Canadian Softwood Producer

Posted on Friday, June 10 at 11:45 by sthompson
See:

Intro/excerpt:
Thursday, June 09, 2005 7:57:19 PM ET

WASHINGTON (Reuters) - A North America Free Trade Agreement panel ordered the United States on Thursday to remove duties on imports of Canadian lumber from softwood producer West Fraser Timber Co.

The NAFTA panel's decision, one of many issued in a contentious case involving shipments of about $6 billion worth of Canadian wood a year to the United States, also directed the U.S. Commerce Department to rework the way it calculated dumping margins on other lumber companies.

However, in saying it felt West Fraser was due a refund from Washington, the panel rejected a request that it order the Commerce Department to refund duty deposits paid on shipments of lumber produced by the company.

The panel instead said West Fraser can request to the Commerce Department that it refund the deposits.

West Fraser said the ruling meant it was entitled to a refund of more than $24 million, plus interest, on anti-dumping duty deposits it has posted since May 2002.

A Canadian industry source said the ruling was an important win with "huge" implications.

Full story: NAFTA panel sides with West Fraser in duties spat

And also (intro/excerpt):

NAFTA Ruling A Significant Victory: West Fraser entitled to a $24 million refund in antidumping duty deposits

VANCOUVER, June 9 /CNW/ - West Fraser achieved a significant victory in the long-running softwood lumber dispute when a NAFTA panel today ordered the U.S. Department of Commerce to revoke the anti-dumping duty order against the company.

As a result of this morning's ruling, West Fraser is entitled to a refund of more than US $24 million, plus interest, of antidumping duty deposits that have been posted by the company from May 2002, excluding deposits made by Weldwood of Canada, which were acquired on December 31, 2004.

"While we had long expected this decision, we are pleased with today's NAFTA ruling," says Hank Ketcham, Chairman, President and Chief Executive Officer.

Full story: NAFTA Ruling A Significant Victory: West Fraser entitled to a $24 million refund in antidumping duty deposits [Proofreader's note: this article was edited for spelling and typos on June 11, 2005]

Note: NAFTA panel sides with ... NAFTA Ruling A Signific...

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Comments

  1. by RPW
    Fri Jun 10, 2005 9:52 pm
    Whoopee...............! Assuming that (eventually) the US caves to the incessant judicial demands that it "play fair", why should we breathe a collective sigh of relief?

    ---
    RickW

  2. Fri Jun 10, 2005 10:47 pm
    I'm torn on this issue. On the one hand all these NAFTA disputes seem to reduce short term employment security in the areas affected, yet, on the other hand, they may increase efficiency, reduce Canadian trade dependency on that single market, realign resource extraction and farm output to our own market size and provide tremendous employment opportunities for the legal profession. I would be interested in reading a cost/benefit analysis on this.

  3. by RPW
    Sat Jun 11, 2005 12:36 am
    <i>"....provide tremendous employment opportunities for the legal profession."</i> The law is somewhat akin to the church, in that it is questionable whether either of them are a boon or a drain on things economic. What do either of them provide?<p>---<br>RickW

  4. Sat Jun 11, 2005 4:49 am
    OK, which Canadian Industry does the U.S. hit next now that they have destroyed this one?

    ---
    Perception is two thirds of what we perceive reality to be.

    Difficult decisions are a privilege of rank.

  5. Sat Jun 11, 2005 6:23 am
    Perhaps we are unfairly subsidizing the oil and gas trade?

  6. Sat Jun 11, 2005 7:22 am
    no, they are just greedy bastards who always fuck with us if we get to 30% of their market share...

  7. Sat Jun 11, 2005 2:18 pm
    A recent released Credit Suisse First Boston report noting continued U.S. losses at trade panels. The U.S. Department of Commerce "understands that the laws and treaties make it impossible for Canada to `win' in the real world, even if they win every time in court. It takes years to get through the courts, and by the time you do, the tariffs, duties and quotas the U.S. has imposed have completely wrecked the targeted industry in Canada. So who cares what the courts say."

    ---
    Perception is two thirds of what we perceive reality to be.

    Difficult decisions are a privilege of rank.

  8. by RPW
    Sat Jun 11, 2005 3:28 pm
    The main thing to keep in mind is that, as long as the Liberals remain in power, the leadership of that party is firmly in the hands of continentalists. They have stated this time and again, and if they have not, they have demonstrated this time and again. Consequently, anyone who persists in "the government should do this, or do that" is indulging in wishful thinking.

    PS I did not refer to the Conservatives, because they haven't a snowball's chance in hell in forming government, given the present circumstances. Had David Orchard succeeded to the leadership, this would have been a completely different ballgame.

    And although the vast majority of Canadians are social democrats, the NDP frightens the bejeebers out of them (us).

    ---
    RickW

  9. Sat Jun 11, 2005 5:10 pm
    Rick, I will be as gentle in my response as I possibly can. <br />
    and mean no disrespect to you as a person, your ideas however indicate, perhaps soley to me, a deluded mindset.<br />
    <br />
    The games that are being played out internationaly are so beyound the tradition recognised labeling that the largest percentage of citizen have NOT caught up.<br />
    <br />
    The delusion is that the labels actualy stand for what we believe they stand for! <br />
    <br />
    THEY DO NOT! I am afraid the level of delusion has far exceded critical mass and until there is a massive awakening the nwo has for all intesive purposes won.<br />
    an example of tactics in the usa ought to give clue.<br />
    <br />
    It is an irrefutable fact that not only party identifications have morphed into a paid for mind set,<br />
    the big money backs the major parties resulting in a situation where it no longer matters what party win!<br />
    how long before this kind of thing happens here, one way or another?<br />
    <a href="http://portland.indymedia.org/en/2005/06/319204.shtml">http://portland.indymedia.org/en/2005/06/319204.shtml</a><br />
    Dio

  10. Sat Jun 11, 2005 5:19 pm
    I've voted Liberal because the Conservatives scared the hell out of me but if the Cons and NDP remain close in poll support I would vote NDP. There may be quite a few out there doing the same.

    The credit suisse report is interesting. There appears to be only two choices, the government knows exactly what they are doing and are screwing our economic security or after two hundred years, we still don't have a clue how that country commits trade. Every time the 'grizzly bear' growls we decide to move a little closer. This is extreme foolishness.

  11. Sat Jun 11, 2005 11:37 pm
    I wish people who actually did get the hell 'scared out of them' would refrain from voting. That is wholely undemocratic of me to say something like that, and it goes against what I believe in. But I can't help but think what a wonderful, wonderful world it would be if these people just decided to sleep in on election day.

    So back in reality. The fight against deep integration will be one pitted AGAINST the Liberal Party. They are in the driver's seat and they believe in integration as their actions continue to speak for themselves. I would back what RPW stated above, the Conservatives can't seem to get their act together and have no shot at winning the next election. Many Conservatives I know and speak with are completely and utterly frustrated with their party, so I would say the next election (as it stands now) has already been decided in many people's minds, but you can't rule anything out.

    As far as David Orchard is concerned, why doesn't he get involved in forming a Nationalist Party? Although, I wouldn't use THAT name for such a party. Would it not be great to have a viable and progressive party of nationalists? That is the only way things will change in Canada.

    The right is controlled by the Conservatives; even if they do get their act together, too much of a negative stigma has been attatched to their party, they'll never form government.

    The New Democrats are far too naive and too hard to the left on most issues. If they formed government health care would remain in the same sorry state that it is in now, and it wouldn't take them long to run the economy into the ground.

    And then we have the Liberal Party. There is the corruption, the dithering, the mismanagement, the lying, fear-mongering, and deep integration agenda to put up with. But above all else they represent a vote for the status quo. So what it comes down to is this; do you think things are fine the way they are, or do you think we need change? The question is, how do we acheive such change?

  12. Sun Jun 12, 2005 1:18 am
    sue has the submissions covered Hehehe<br />
    <br />
    <a href="http://www.newswithviews.com/Spivey/phyllis3.htm">http://www.newswithviews.com/Spivey/phyllis3.htm</a><br />
    <br />
    Now the criminal class will have an expressway freakin great

  13. by RPW
    Sun Jun 12, 2005 1:22 am
    <a href="http://www.heinleinsociety.org/concordance/books/rmr_hc.htm">http://www.heinleinsociety.org/concordance/books/rmr_hc.htm</a><br />
    <br />
    Also, the Iraqis seem to know what to do with "transportation corridors"...........<p>---<br>RickW

  14. by avatar Milton
    Sun Jun 12, 2005 12:43 pm
    The Nafta commision is a toothless creation. They can issue pronouncements till they are blue in the face and nothing comes of it. They are there for show. to distract us from what is realy going on.
    Dump NAFTA, and the WTO, and the IMF and CAFTA, and the FTA, and the FTAA. Individual trade treaties with individual countries are what we need.

    As for socialism, the only socialism practiced in western civilization is "welfare for the rich and lip service for the poor".



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