The June 2017 US Softwood Lumber Subsidies Report mentions New Brunswick 26 times

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Photo: President Donald Trump speaks at Snap-On Tools in Kenosha, Wis., Tuesday, April 18, 2017. (AP Photo/Kiichiro Sato)

The most recent Subsidies Report to Congress in June listed New Brunswick 26 times.  Crown Lands and various Provincial and Federal corporate grant and loan programs, including job related programs are being singled out as the basis for the renewed import tariffs.  The US Department of Commerce is being asked by domestic Softwood Lumber groups to reign in cheaper imports from Canada.

The Government of New Brunswick have miscaculated in providing too many tax payer programs to the Forestry Industry in the province.  The cheaper stumpage rates NB Forestry Firms receive on Crown Lands made for a perfect opportunity for the American's to clamp down on cheaper imports.  With the recent election of President Trump and his election promises to support America First, the timing was ripe for the Department of Commerce to swiftly impost the tariffs.

The Brunswick Business Journal, in the next few days, will receive the public records pertaining to Department of Commerce decision to lower JD Irving Limited tariff to 3.02% who is the single largess Softwood Lumber exporter to the US market.  We will bring that to you when we receive it.  

All other mills in the New Brunswick that did not file a defense demonstrating limited use of these programs are subject to 20% or more of import tariffs on softwood entering the US.

The most recent annoucement yesterday mentioned "Atlantic Canada" as being exempt from the new tariffs.  However, it specifically did not incude New Brunswick.  The Department of Commerce stated that Newfoundland and Labrador, Prince Edward Island and Nova Scotia are the Atlantic Provinces that will be exempt without mentioning New Brunswick.

 

US Softwood Lumber Subsidies Report 2017-06-21 by NB Free Press  

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