The U.S. Department of Commerce has released its preliminary findings on countervailable subsidies for certain softwood lumber products from Canada between January 1, 2023, and December 31, 2023. The review was rescinded for 46 companies, based on their lack of reviewable shipments during this period. Companies Canfor and West Fraser are the mandatory respondents whose subsidy rates will help determine rates for other non-selected companies. Interested parties can submit comments on the findings and request a hearing if they wish to contest any of the details provided.
Simple Explanation
The U.S. Department of Commerce is looking at whether some Canadian wood companies got unfair help with money between January 1, 2023, and December 31, 2023, and they stopped looking at 46 other companies because those companies didn't sell to the U.S. during that time. People can tell them what they think about this investigation or ask for a meeting if they don't agree.